Xero is a cloud-based accounting software platform for small- and medium-sized businesses. Xero's products are based on the software as a service (SaaS) model and sold by subscription, based on the type and number of company entities managed by the subscriber.
What is the Productivity Solutions Grant (PSG)?
A joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, the Productivity Solutions Grant (PSG) support companies keen on adopting IT solutions and equipment to enhance business processes.
PSG supports the adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking. It was announced at Supplementary Budget 2020, PSG has been enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts.
Who is eligible for the PSG?
The company must be registered and operating in Singapore
Subscription of the IT solutions or equipment must be used in Singapore
Also, have a minimum of 30% local shareholding (for selected solutions only)
Apply for the PSG with Xero
You can look for PSG approved vendor and get a quotation from them. When you get the quotation, you may proceed to submit an application on the Business Grants Portal (BGP). You will also need to register for a CorpPass account to transact on the portal.
Save on Xero with PSG
Receive up to 80% funding support via the Productivity Solutions Grant (PSG) when you adopt Xero via a pre-approved PSG vendor (valid till March 2022)
We are PSG-approved vendor for Xero!
Call us at +65 6262 0402 or email us at care@acebizservices.com to get the information details on your needs.