The implementation of the Goods and Services Tax (GST) is one of the key drivers of growth in the Malaysian Enterprise Application

KUALA LUMPUR: The implementation of the Goods and Services Tax (GST) is one of the key drivers of growth in the Malaysian Enterprise Application (EA) market, according to International Data Corporation (IDC).

It expects 2014 to be a much better year compared to 2013 and the tax implementation would be a boost to many EA vendors as this forces business to either upgrade or replace their legacy system with a system that is GST-compliant.

“With the GST coming into effect in the early part of 2015, we predict there will be a scramble from the businesses to be fully GST-ready in line with government regulations,” - the borneo post

I Contro Software enforce and implement consistent and comprehensive risk management capabilities that include individual & group-based company credit risk and exposure control and availability of necessary real-time financial and sales information. The tight and profit-oriented integration of the various operating units within an organization will result in better control and manageability. This will create a responsive entity that can act fast in response to any changes in the regulatory environment i.e. GST Regulation