Generated 1,500+ einvoices Processed Monthly with Lightning-Fast Speed—Just 300ms Each!
Summary
A global leader in workplace safety and identification solutions faced challenges in adapting to Malaysia’s mandatory e-invoicing regulations while maintaining efficiency and compliance. Leveraging Cygnet.One’s advanced SAP integration solution, the firm automated the invoicing process, ensuring seamless compliance with the MyInvois platform. The integration streamlined operations by reducing manual errors, enabling real-time validation, and processing invoices in under 300 milliseconds. As a result, they achieved significant cost savings, improved operational accuracy, and faster cash flow, reinforcing its commitment to innovation and
excellence in global business processes
Challenges
- Ensuring seamless integration of SAP with Malaysia’s e-invoicing platform (MyInvois) for real-time and accurate data exchange
- Overcoming resistance to change and equipping teams with knowledge about the new automated workflows
- Processing a large volume of average 3,200 sales invoices monthly
- Consolidating data from SAP, ERP systems, and upstream sources to eliminate manual errors and delay submissions
Solutions
- Advanced SAP Integration: Leveraged SAP S/4HANA and SAP Document Compliance for automated invoice processing, validation, and XML-based submissions
- Custom API Development: Built APIs to ensure secure, real-time communication between SAP, Cygnet, and Malaysian tax author
- Regulatory Monitoring: SAP ensured compliance by staying updated on Malaysian tax regulations
- Extensive Testing & Training: Conducted thorough end-to-end and user acceptance testing, followed by user training to ensure smooth adoption
Key Benefits
- Reduced manual effort by automating 100% of invoice submissions, saving significant manhours
- Administrative Savings: Reduced overheads in invoicing processes, improving overall efficiency.
- High-Speed Processing: Generated 1,500+ e-invoices monthly , with approx. 300 milliseconds per invoice.
- Streamlined Approvals: Faster government approvals enabled quicker payments.
About Client
The client is a global leader in workplace safety and identification solutions. Serving diverse industries like manufacturing, healthcare, and aerospace, the company specializes in high-performance labelling, safety systems, spill control, and access solutions. Known for its innovative use of technologies such as RFID and barcode systems, they ensure enhanced safety, productivity, and compliance across its global operations.