MDEC and OpenPeppol Recognised Finexus as Official Peppol Service Provider (SP) and Peppol-Ready Solution Provider (PRSP)

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Clement Loh, Group CEO of Finexus (2nd from left), receiving an award plaque for Malaysia Peppol Service Providers (SP) by MDEC onstage, with Digital Minister Gobind Singh Deo (2nd from right) and Ts. Mahadhir Aziz, CEO of MDEC (centre), at MDEC’s e-Invoicing Open Day and Accreditation Ceremony.

On 16 July 2024, MDEC presented three awards to Finexus as a Malaysia Digital Company, Peppol Service Provider (SP) among 31 providers, and Peppol-Ready Solution Provider (PRSP) among only four providers, during its national e-Invoicing Open Day and Accreditation Ceremony held at M Resort & Hotel Kuala Lumpur.

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Clement Loh, Group CEO of Finexus (2nd from right), receiving an award plaque for Malaysia Peppol-Ready Solution Providers (PRSP) by MDEC onstage, with Digital Minister Gobind Singh Deo (centre) and Ts. Mahadhir Aziz, CEO of MDEC (3rd from left), at MDEC’s e-Invoicing Open Day and Accreditation Ceremony.
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Clement Loh, Group CEO of Finexus (2nd from right), receiving an award plaque for Malaysia Digital (MD) Status Company by MDEC onstage, with Digital Minister Gobind Singh Deo (2nd from left) and Ts. Mahadhir Aziz, CEO of MDEC (most left), at MDEC’s e-Invoicing Open Day and Accreditation Ceremony.

Officiated by Digital Minister Gobind Singh Deo, Clement Loh, the Group CEO of Finexus, received the awards onstage. This recognition testifies to the company’s capability to not only facilitate the issuance of Peppol four-corner model e-Invoices for its client companies to their international customers, but also to enable other e-Invoicing solution providers to do the same.

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Clement Loh, Group CEO (most left) of Finexus with the instrumental e-Invoicing enablers of MDEC including Sabariah Nasir, Community and industry Partnership of Malaysia Digital Economy Hub Properties (2nd from left) and Esther Lee, Lead, Service Provider Development of MDEC (2nd from right), with Finexus’ Technical Engineering Manager, Sean Ng (most right)
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Award plaques given to Finexus as MDEC’s accredited Peppol Service Provider (SP) and Peppol-Ready Solution Provider (PRSP)

“We are honoured to receive these accreditations from MDEC as an official Peppol Service Provider (SP) and Peppol-Ready Solution Provider (PRSP), underscoring their trust in us as a reliable Peppol four-corner model e-Invoicing provider for both middleware and retail solutions for walk-in and online customers. 

 “This recognition further solidifies our commitment to process over 1 million e-Invoices every month for more than 100 companies currently. We are dedicated to assisting even more companies in meeting the LHDN mandate by the stipulated deadline in the future,” stated Clement Loh, Group CEO of Finexus.

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Ts. Mahadhir Aziz, CEO of MDEC (centre), listening to Desmond Yong, Manager, Merchant Recruitment, Sales, and Support (left) explaining about Finexus’ AREMA retail solutions for walk-in and online customers
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Joanne, Director, Software Engineering of Finexus, explaining about our AREMA solutions

Earlier, on 26 June 2024, Finexus has also successfully went live with OpenPeppol for the four-corner model. OpenPeppol, a non-profit European organisation, developed the Peppol Business Interoperability Specifications (BIS), which standardised and enabled the exchange of common procurement documents like e-Invoices worldwide, on an open and secure network.

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Leong Chea Hooi, BPO Head of Operations, presenting on our AREMA middleware solution
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Desmond Yong, Manager, Merchant Recruitment, Sales, and Support sharing about our AREMA retail solution

Peppol SPs act as access points, serving as gateways to the Peppol network by securely connecting businesses and routing e-Invoices to the intended recipients.  Hence, as a Peppol SP, Finexus can enable its client companies to issue Peppol e-Invoices for their customers. 

On the other hand, PRSPs are companies that enable accounting software, enterprise resource planning (ERP) systems, and other platforms that offer e-Invoicing, to send and receive e-Invoices in the Peppol network. Hence, as a PRSP, Finexus can enable the other e-Invoicing solution providers in Malaysia to issue Peppol e-Invoices for their client companies. 

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The Finexus booth filled with visitors of the event
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The MDEC organising team with our Finexus organising team

Finexus is listed as an official Peppol Service Provider, both on the official website of OpenPeppol and official website of MDEC. 

In addition to e-Invoicing middleware, Finexus also provides self-service e-Invoicing web portal with competitive rates, and retail solutions for walk-in customers to self-generate the e-Invoices for free.  

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