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Xero - A powerful cloud accounting software for startup and SMEs in Malaysia

Overview of Cloud Based Accounting Software – Xero People have used accounting tools for centuries, from the traditional ways to written ledgers, machines, and calculators. Businesses begin to rely on spreadsheets to keep track of their accounts a...
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Real benefit from real people (Malaysia) : Xero-cloud based accounting software

Between year 2020 and 2021, Malaysia had imposed multiple rounds of lockdown in order to control the rise of Covid-19 cases which significantly impacted the social and economy activities. 150,000 SMEs have shut down since the pandemic broke out in 202...
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Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) - Screening, record keeping and MIS

In our previous post, we talked about KYC/CDD – when and how, one of the requirements for Reporting Institutions (RI) under Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). Today, we are going to talk a...
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10 important trends eCommerce in 2022

The future of digital sales is looking more exciting and positive since last year along with the Covid-19 regulations that encouraged more people to shop online. As we approach 2021, you must be aware of these developments to capitalize on them. That is w...
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AML COMPLIANCE PROGRAM AND KNOW YOUR CLIENT (KYC)/CUSTOMER DUE DILIGENCE (CDD)

SIMPLIFIED COMPLIANCE PROGRAM for ANTI-MONEY LAUNDERING (MALAYSIA) In our previous post, we talked about reporting institutions (RIs) and gazetted activities that falls under Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activ...
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What is E-Commerce?

E-commerce stands for Electronic commerce. E-commerce is a process of buying and selling of goods or services using an electronic medium such as internet. E-commerce has expanded exponentially in recent years and will only continue to do so. Small and m...
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ANTI MONEY LAUNDERING AND TERRORISM FINANCING VOL.2 - AMLA

   Reporting Institutions under Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). In our previous post, we talked about the definition of money laundering and terrorism financing and which specifi...
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ANTI MONEY LAUNDERING AND TERRORISM FINANCING VOL.1

  Money laundering is the activity of converting cash or property derived from criminal activities to give a legitimate appearance or concealing the source of funds. Meanwhile, terrorism financing refers to transaction involving funds that may or may ...
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How HR Leaders Can Adapt to Uncertain Times

  Human Resource departments had a difficult job prior to the pandemic. In 2019, 
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Automation on small businessess

  Small idea for businesses, even for small business who are looking for ways to simplified their task and automate some area in their daily work. 1. Client Communications and Email Marketing The days of manually sending out repetitive emails to cl...
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3 reason why HR process should go to cloud based system

   1. It might be the only way a process will be automated. In the real world of limited time and constrained budgets, the choice might be between a cloud-based solution and no solution at all. Cloud-based solutions can be implemented quickly with lit...
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10 Strategic Ways to Automate Your Business Process

  Automation has been a big buzzword in the tech world lately, and for good reason: Programming a process to run on its own based on various data inputs eliminates the need for a human operator, saving a company time, money and frustration. This can b...
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12 Tips For Managing Virtual Teams

  1. Organize regular meetings with both individuals and the whole team. The best way to manage virtual teams is through clear expectations and close working relationships. With shared team calendars, you can see everybody’s availability and start to...
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Five technology trends set to shape 2021

  When I reflect on the single biggest technology change in 2020, I think of the way that small business owners around the world rose to the challenge and adopted digital tools at a speed and scale unlike anything in living memory. For some, having the r...
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Optimizing work processes in the office: 8 tips

  It's every operations manager's ongoing mission to streamline work and keep things running smoothly. Clearly, this is easier said than done, but there are some sure-fire ways that work, and others that diminish unproductive work processes...
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5 reasons to automate your workflow.

  1. Eliminate human error Inefficiency can cost a lot to a company. Human are prone are prone to error. Automating tasks  will eliminate human touch previously involved in the task - from the most simple, day-to-day to high priority task. No human...
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Automation - An idea for everyone

  Automation simplifies all areas of a business by automatically accomplishing tasks that would have to do manually. Automation is a term for technology applications where human input is minimized. This includes business process automation (BPA), IT...
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Cloud and Accountants

  The ‘cloud’ is most likely a common topic that comes up in conversations with other accountants, and some of you might have questions revolving around the ‘cloud’ and its capability. Wing Siang, Managing Partner of Neutral Consulting, was unsure of th...
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Online business owner - You need a bookkeeper. Or be one. Vol 2.

  Five ways that a bookkeeper can help your business. If your business is small, you might be the bookkeeper – at least until you can afford to hire someone to do the work for you. Once your business reaches a certain size, it makes sense to have so...
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Online business owner - You need a bookkeeper. Or be one.

  If you’re a small business owner, you’ll be familiar with juggling several tasks at once. As well as keeping things running, you need to generate income, keep your customers happy and look after financial information. Tracking the financials can be a...