AwanBiru Technology Bhd (Awantec), through its subsidiary Awantec Systems Sdn Bhd, has launched Awantax, an advanced e-invoicing solution designed to support Malaysia's mandatory e-invoicing implementation by the Inland Revenue Board of Malaysia. The solution is accredited by the Malaysia Digital Economy Corporation and the Peppol Authority, ensuring compliance with both local and international e-invoicing standards.

CEO of Awantec Aznal Zainal Abidin highlighted that "Awantax is a cornerstone of our strategy to expand into the commercial sector. This secure, scalable solution helps businesses of all sizes to meet regulatory demands, streamline processes, and embrace digital transformation, positioning Malaysia for success in the global digital economy."

Awantax simplifies compliance by optimising invoicing workflows and facilitating secure, seamless invoice exchanges with local authorities and global stakeholders. It is built for global compatibility, adhering to international standards such as Peppol and Networks DBN Alliance (USA), making cross-border transactions efficient and fully compliant.

The solution is affordable, secure, and easy to use, automating manual processes and providing real-time updates and actionable financial insights. This empowers businesses to focus on growth while staying compliant. Launched in conjunction with Malaysia's e-invoicing initiative, Awantax is set to drive the country's digital transformation and reinforce its position as a leader in the digital economy.