Thursday 21 Nov 2024
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KUALA LUMPUR (Oct 29): Agmo Holdings Bhd (KL:AGMO), ACE Market-listed digital solutions and application development specialist, is working with an accounting firm to explore the development of digital solutions tailored for the finance and accounting sector.

In a statement on Tuesday, Agmo said its wholly owned Agmo Studio Sdn Bhd has signed a memorandum of understanding (MOU) with YYC GST Consultants Sdn Bhd to work on providing advanced tools for businesses, with a particular focus on small and medium enterprises (SMEs).

The key area of collaboration between the two parties will be the enhancement of YYC's all-in-one tax e-learning platform named taxPOD, to use artificial intelligence (AI) to offer intelligent, personalised learning experiences.

"The upgraded platform will incorporate AI-driven automation, predictive analytics, and adaptive content delivery, ensuring SMEs can stay on top of tax regulations while improving their financial management processes. Future enhancements will include real-time tax updates, business-focused masterclasses, and interactive webinars with live Q&A sessions, helping users remain engaged and informed," Agmo said.

The collaboration will also explore the potential of launching an AI-powered virtual tax consultant, "capable of automating routine advisory tasks and delivering quick, accurate insights to users."

Agmo will bring its technological expertise to the partnership, while YYC will contribute in terms of its experience in finance and tax consulting, said Agmo chief executive officer Tan Aik Keong.

"By offering AI-powered tools and personalised learning experiences, our collaboration reflects a shared commitment to creating meaningful, future-ready solutions for the SME market. With AI at the core of our initiatives, we believe platforms like taxPOD will become industry benchmarks, helping businesses navigate complex financial landscapes with ease,” Tan added.

Agmo had previously collaborated with YYC to launch JomeInvoice, an invoicing solution introduced in February this year.

At Tuesday's market close, shares of Agmo were down half a sen, or 0.87%, at 57 sen for a market capitalisation of RM186.87 million.

Edited ByTan Choe Choe
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