Empowering startups: Finexus and Digital Penang streamline e-invoicing process

  • Finexus collaborates with Digital Penang: Conducts a successful e-Invoicing workshop, showcasing AREMA solutions that simplify compliance and enhance operational efficiency for startups and entrepreneurs.
  • AREMA e-Invoicing solutions: Streamline the invoicing process, enabling businesses to manage, verify, and submit e-Invoices to LHDN efficiently through a user-friendly portal.
  • Expanding retail capabilities: AREMA retail solutions allow customers to easily request validated e-Invoices via QR codes, integrated with POS systems, e-commerce platforms, and more.

Finexus Group, in collaboration with Digital Penang, conducted an insightful e-Invoicing workshop aimed at supporting startups and entrepreneurs.

Introducing AREMA: LHDN e-invoicing solutions

During the workshop, Sean Ng, Technical Engineering Manager at Finexus, provided a detailed introduction to the AREMA e-Invoicing solutions.

Sean Ng, Technical Engineering Manager at Finexus, introduced the AREMA e-Invoicing solutions

He addressed various audience questions and highlighted how users can access the AREMA web portal to verify e-Invoicing information before submitting it to Inland Revenue Board of Malaysia (LHDN or IRBM). He also explained the process of uploading multiple e-Invoices using the LHDN template downloaded from the AREMA portal, and the benefits of automated email delivery of validated e-Invoices to customers.

The AREMA e-Invoicing solution is a comprehensive digital invoicing platform designed to streamline and automate the invoicing process for businesses. It enables users to generate, manage, and send electronic invoices that comply with regulatory standards, such as those set by the LHDN.

Expanding with AREMA retail solutions

Finexus also showcased their AREMA retail solutions. These solutions enable online or walk-in customers to easily scan displayed AREMA or FIDU QR codes to request LHDN-validated e-Invoices. The retail offerings include POS systems, e-commerce platforms, vending machines, and QR standees.

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The AREMA e-invoicing and retail solutions are particularly beneficial for startups and entrepreneurs, allowing them to simplify their invoicing process, improve operational efficiency, and ensure compliance with local tax regulations.

The event was a success, and Finexus extends its gratitude to all participants. The company looks forward to future collaborations with Digital Penang.

About Finexus Group

Finexus, a fully Malaysian-owned technology company established in 2000, is headquartered in Kuala Lumpur. The company is renowned for delivering essential regulatory payment and reporting systems to the banking industry on a SaaS (Software as a Service) model, supported by its own cloud infrastructure located in Kuala Lumpur and Cyberjaya.

With a team of over 700 skilled professionals, Finexus serves more than 100 banking institutions, regulatory bodies, and FinTech companies across ASEAN and Hong Kong. Traditionally focused on the banking and FinTech sectors—industries that demand critical computing services and a high level of dedication—Finexus continues to deliver solutions that uphold the same standards of quality, professionalism, and commitment.

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About LHDN

The Inland Revenue Board of Malaysia (IRBM), also known as Lembaga Hasil Dalam Negeri (LHDN) in Malay, is the primary government agency responsible for the administration, assessment, collection, and enforcement of direct taxes in Malaysia.

Established under the Ministry of Finance, the IRBM manages various forms of taxation, including income tax, petroleum income tax, real property gains tax, and stamp duty. Its mission is to ensure the efficient collection of revenue for the nation’s development while promoting voluntary compliance through effective tax administration. The IRBM plays a crucial role in sustaining Malaysia’s economic growth by managing the country’s tax system.

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About Digital Penang

Digital Penang is a government-linked company owned by the State of Penang, established in April 2020 to accelerate the state’s efforts in capturing opportunities within the digital economy and fostering a digitally engaged society.

As part of the Penang2030 vision—a strategy to develop a family-focused, green, and Smart State—Digital Penang focuses on driving digital adoption within the community, implementing data-driven governance, cultivating a diverse talent pool to support entrepreneurship and investment, and establishing a resilient digital infrastructure to sustain a liveable environment. The company plays a pivotal role in realising Penang’s digital transformation objectives.

Cassie-Gong

Cassie Gong

I am a news reporter and community engagement specialist at BTW media focusing on company profiles, exclusive interviews and podcasts, industry networking, sustainability, and AI. A graduate of Newcastle University, UK, with a Master’s in Translating & Interpreting, I now work across Europe and Asia. Got ideas to share with our global tech audience? Reach out at c.gong@btw.media—I'd love to connect!
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