AUTOCOUNT Dotcom Bhd, a renowned developer and distributor of financial management software (accounting, point-of-sale and payroll) has unveiled an innovative mobile point-of-sale (mobile POS) solution designed to simplify e-invoicing adoption for micro-SMEs.
This new solution addresses challenges faced by small businesses, including the lack of familiarity with digital tools, the cost of new technology and operational disruptions associated with manual e-invoicing processes.
Designed to be both affordable and user-friendly, making it easier for micro-SMEs to embrace digital transformation, PalmPOS is priced at just RM49 per month, it offers a cost-effective alternative to traditional POS systems.
“With e-invoicing set to become mandatory, many micro-SMEs are struggling to transition from manual processes to digital solutions,” revealed AutoCount’s managing director Y.T. Choo at the launch of PalmPOS yesterday (Feb 19).
“PalmPOS is designed to make this transition effortless by ensuring businesses can comply with regulations while enhancing efficiency and accuracy.
“Our goal is to empower micro-SMEs with an affordable, practical and easy-to-use solution that allows them to grow and thrive in a digital economy.”
PalmPOS simplifies e-invoicing compliance by allowing businesses to submit consolidated e-invoices directly to the Inland Revenue Biard (LHDN) with just a few taps.
The system also integrates with leading e-wallet providers such as Boost with more popular e-wallets and banks to be added soon, hence enabling automatic transaction recording.
Its real-time payment notifications and automated sales recording features further enhance efficiency by freeing businesses from manual data entry.
More broadly, PalmPOS is designed for businesses that operate on the move with the flexibility of able to run on any existing Android device, thus making it ideal for mobile businesses.
For those requiring printed receipts, an optional hardware add-on is available, ensuring adaptability to different business needs. Additionally, the system comes preloaded with over 500 ready-to-use business templates, allowing for a quick and hassle-free set-up.
At 12.10pm, AutoCount was down 4 sen or 3.6% to RM1.07 with 2.03 million shares traded, thus valuing the company at RM589 mil. – Feb 20, 2025
