Key takeaways from SAP Concur Innovation Day Malaysia 2024
On November 5, 2024, industry leaders gathered at Clarke I, Le Meridien, Kuala Lumpur, for the SAP Concur Innovation Day. The event focused on accelerating Malaysia’s journey toward becoming a digital economy powerhouse by 2030. Guided by the theme of digitization and innovation, the event highlighted SAP’s commitment to empowering businesses with cloud, AI, and sustainability solutions.
Positioning SAP as a strategic enabler
As Malaysia sets its sights on digital transformation, SAP is positioning itself as a key player in this ambitious vision. In a recent interview, Vipin Chandran, Managing Director of SAP Malaysia, emphasized the importance of leveraging innovative technologies to support the nation’s digital aspirations. Key initiatives include fostering partnerships with universities and collaborating with the government to drive digital adoption and e-invoicing compliance.
One core strategy is SAP’s University Alliance Program, which collaborates with local institutions to equip students with hands-on experience in technologies like SAP S/4HANA, SAP Business Technology Platform, and AI-driven solutions. This effort aligns with Malaysia’s goal of building a tech-savvy workforce to sustain economic growth.
E-Invoicing and compliance: a new era for business
With the Malaysian government rolling out mandatory e-invoicing from August 2024, SAP has stepped up as a critical partner in developing solutions that ensure compliance and efficiency. Through its Document and Records Compliance (DRC) system, SAP helps businesses meet regulatory requirements while streamlining financial processes. The DRC Reports Content Compliance Reporting Appliance, specifically tailored to integrate with Malaysia’s new digital infrastructure, offers a seamless transition to modernized tax management.
Key takeaways from the event
- Empowering Digital Transformation: Leverage cloud and AI to drive operational efficiency and innovation.
- Strategic Workforce Upskilling: Equip future professionals with practical knowledge through university partnerships.
- E-Invoicing Compliance: Stay ahead of regulatory changes with integrated solutions.
- Sustainable and Smart Growth: Adopt AI and cloud technologies to support sustainable business practices.
VISEO’s role in Malaysia’s digital ambitions
As a strategic SAP Gold Partner, VISEO is deeply committed to accelerating Malaysia’s digital transformation through innovative solutions and strategic collaboration. We continue to support businesses with state-of-the-art ERP systems and AI-driven platforms, fostering resilience and growth in the digital age.
The SAP Concur Innovation Day showcased the synergy between technology and strategy, reinforcing how businesses can thrive by adopting cutting-edge solutions. As we move forward, VISEO remains dedicated to helping Malaysian enterprises unlock their potential and succeed in a rapidly evolving digital landscape.
To discover more about how we can support your digital journey, visit our website. Let’s shape the future together with SAP!