Industry 4.0 is being encouraged in Budget 2019 – national budget of Malaysia for year 2019. Malaysia government proposed to allocate RM210 mil to assist and encourage industries in Malaysia to move towards Industry 4.0.
Industry 4.0 refers to the fourth industrial revolution globally. The fourth revolution of the industry takes what’s in the third revolution (Industry 3.0) another step further. From Industry 3.0, computers and automation is being adopted. In Industry 4.0, communication and connection between computers are enhanced to greatly increase industry’s efficiency and productivity.
Although we know that Industry 4.0 is the current trend now, but how will it benefit small and medium enterprises (SMEs)? As Industry 4.0 is still a new movement in Malaysia, SMEs who keep up with the trend now will be staying ahead of the game. Other than that, with the help of integration processes, internet and etc, your business operation efficiency will be greatly increase and hence, enhancing your competitiveness with others.
Cloud computing, internet of things and system integration are few of the 9 pillars driving Industry 4.0. TreezSoft as a cloud accounting software will help ensure your business keep up with the latest trend. We use series of integration and automatic processes to ensure smooth and easy accounting experience for our clients. With TreezSoft, you can be sure that your business finances are going along the Industry 4.0 tide. All your data will be updated automatically and instantly throughout your account. Additionally, all data will be stored in cloud; you can easily generate your report anytime and anywhere.
You can also visit the links below to read more on related topics in TreezSoft:
TreezSoft is a cloud accounting software for Small and Medium-sized Enterprises (SMEs). It allows you to access your financial information anytime, anywhere. It also allows you to have unlimited users for FREE for your account in TreezSoft. Our aim is to help reduce our clients' time spent on accounting mainly by using our automated processes and integration to help increase their company effeciency at a minimum costs. SMEs can use TreezSoft to keep track their expenses, accounts, daily operation e.g. Point of Sales (namely QPOS) system and etc.
Visit TreezSoft at http://www.treezsoft.com/ to sign up for a 30 days trial account with us!
You can also email us at [email protected] for more enquiries.