QNE Software and Bank Rakyat Collaboration Empowers Malaysian MSMEs
On 29 May 2025, QNE Software partnered with Bank Rakyat to support Malaysia’s micro, small, and medium enterprises (MSMEs) through the Hari Terbuka@Hab PMKS initiative. The event attracted more than 150 MSME participants and showcased digital solutions designed to help businesses streamline financial management and accelerate digital adoption.
Through Bank Rakyat’s QR2E (Quick Response to Entrepreneurs) fintech ecosystem, QNE Software introduced its AI-powered cloud accounting solutions to help Malaysian SMEs automate operations, improve efficiency, and meet regulatory requirements such as LHDN e-Invoicing.
How QNE Software Supports MSMEs with Smart Accounting Solutions
During the event, QNE Software demonstrated how its AI-driven Cloud Accounting platform simplifies financial management for businesses of all sizes.
Key features of QNE Software include:
Automated invoicing and payment tracking
Real-time financial reporting and analytics
AI-powered automation of routine accounting tasks
Secure cloud-based access anytime, anywhere
Full compliance with Malaysia’s LHDN e-Invoice requirements
With Malaysia moving toward mandatory e-Invoicing, many businesses are searching for reliable accounting solutions. QNE Software helps MSMEs generate compliant e-Invoices, automate tax calculations, and maintain audit-ready records, reducing manual workload and compliance risks.
Strengthening MSMEs Through the QNE Software and Bank Rakyat Partnership
The collaboration between QNE Software and Bank Rakyat highlights their shared mission to accelerate digital adoption among Malaysian MSMEs.
Bank Rakyat actively supports business growth by providing financial advisory services and digital business tools through initiatives like QR2E and the eBiz Tools Marketplace. These platforms connect MSMEs with accounting, payroll, and productivity solutions to improve operational efficiency and digital transformation.
Through this strategic partnership:
MSMEs gain access to innovative fintech and accounting solutions
Businesses receive digital transformation support
Entrepreneurs benefit from streamlined financial management tools
Exclusive Benefits for Bank Rakyat MSME Customers
QNE’s participation in the Hari Terbuka@Hab PMKS reflects its commitment to supporting SME digitalisation and contributing to Malaysia’s evolving digital economy. As local enterprises prepare for future regulatory and technological developments, strategic partnerships like QNE’s with Bank Rakyat ensure that MSMEs have the tools and support necessary to succeed.
By offering a localised, AI-driven, and compliant cloud accounting platform, QNE empowers businesses to remain competitive, compliant, and digitally prepared. The company continues to focus on building scalable and user-friendly financial solutions that address the real-world needs of Malaysian businesses.
The event served as a key platform for knowledge sharing, solution showcase, and community engagement, reaffirming QNE’s role as a trusted Fintech partner to Malaysian MSMEs.
Advancing Malaysia’s Digital Economy Through Fintech Collaboration
The partnership between QNE Software and Bank Rakyat reflects Malaysia’s broader push toward digitalisation and financial innovation. By combining banking expertise with AI accounting technology, both organisations empower local businesses to remain competitive, compliant, and future-ready.
QNE Software continues to develop scalable, user-friendly financial solutions tailored to Malaysian businesses, helping MSMEs adapt to evolving regulatory requirements and industry trends.
QNE Software’s Ongoing Commitment to Malaysian MSMEs
QNE Software remains dedicated to empowering MSMEs through innovation, digital education, and industry collaboration. By working closely with Bank Rakyat and other strategic partners, QNE Software supports business growth and strengthens Malaysia’s fintech ecosystem.
As Malaysian MSMEs prepare for the future, QNE Software and Bank Rakyat will continue to deliver digital solutions that enhance productivity, improve compliance, and support sustainable business success.
Frequently Asked Questions
What is the collaboration between QNE Software and Bank Rakyat?
The collaboration between QNE Software and Bank Rakyat aims to support Malaysian MSMEs by providing access to AI-powered cloud accounting solutions. Through Bank Rakyat’s fintech ecosystem and business support initiatives, MSMEs can adopt digital accounting tools to automate financial management, improve operational efficiency, and meet regulatory compliance requirements.
How does QNE Software help Malaysian MSMEs manage their accounting?
QNE Software provides AI cloud accounting solutions that automate invoicing, track payments, generate real-time financial reports, and streamline bookkeeping processes. The system helps MSMEs reduce manual accounting work while improving financial accuracy and business decision-making.
Does QNE Software support Malaysia’s e-Invoice compliance requirements?
Yes. QNE Software is designed to help businesses comply with e-Invoicing regulations set by Lembaga Hasil Dalam Negeri Malaysia (LHDN). The system allows businesses to generate compliant e-Invoices, automate tax calculations, and maintain audit-ready financial records aligned with Malaysian regulatory standards.
How does this partnership support digital transformation for MSMEs?
The collaboration combines financial services expertise with advanced accounting technology. By providing MSMEs with access to fintech tools, automation solutions, and digital business platforms, the partnership helps businesses modernise operations, improve efficiency, and remain competitive in evolving market conditions.
Why is cloud accounting important for MSMEs in Malaysia?
Cloud accounting enables MSMEs to access financial data anytime and anywhere, automate routine accounting tasks, and improve data accuracy. It also supports businesses in meeting compliance requirements, enhancing productivity, and adapting to Malaysia’s growing digital economy.
