As Chief Accountant of MIDA, I am able to view the overall performance of the state offices and overseas offices which allows me to monitor MIDA’s financial position at a glance. Censof has facilitated our financial management needs and ensured transparency in our day to day operations.

Shanta Devi
Chief Accountant, MIDA

About MIDA

With our vast network of over 12 state offices in Malaysia and 24 overseas offices worldwide, MIDA is Malaysia’s principal investment development agency.

Objective:

  • To create a strong presence for Malaysia in the international market and position Malaysia as an attractive investment destination.
  • To improve the quality of agricultural produce, by employing new technologies in the management and using bio technology and precision farming

Challenges:

With a multitude of activities, serving across the globe, from L.A to Sydney, Shanghai to London and Mumbai to Dubai; MIDA required an integrated system with end to end financial management solutions of an international organization and at the same time adhering to local detailed reporting and compliance of a government agency.

This includes daily financial operations with multi-currency, project and activity – planning, budgeting and monitoring and allowing for consolidation of all the foreign and local operations at a keystroke.