XERO available for PSG Grant! No better time than NOW

Stepping up to launch more dedicated SME (small and medium-sized enterprise) digitisation grants to back digitisation of small businesses. These grants support those impacted by COVID-19 to diversify their business models and that means moving into the cloud.

Government’s Start Digital Partners

Xero has extended its partnership with DBS Bank, one of the Singapore Government’s Start Digital Partners. Xero also launched a similar partnership with OCBC under their Start Digital Initiative last year.

• To encourage more SMEs to adopt cloud-based accounting

• Software services in Singapore through their Start Digital Pack

The importance of cloud-based

COVID-19 has underscored the importance of cloud-based offerings over legacy desktops.

• Singapore: Heng Swee Keat, Deputy Prime Minister and Minister for Finance, announced the SGD 33 billion ‘Fortitude’ Budget on May 26. The budget encourages businesses to adopt e-invoicing, e-payments and business process or e-commerce solutions.

Additional operation costs and up-skilling

These grants go beyond keeping your business afloat by offsetting the additional operation costs and up-skilling hours for your staff. The consumer preference to shop online is likely to stick post-COVID. Research has shown the pandemic has changed the way people are living and buying.

• Digital channels will become the primary customer engagement model.

• Automated processes will become normal.

• Ensure you have sufficient channels to capture customer traffic and revenue.

Conclusion

Now is the time to start utilising government support to instill a digital business model. If you are considering Xero, give some thought to whether you are able to apply for government grants to cover a portion of the costs.

We are PSG-Approved Vendor for XERO Accounting System!

Call us at +65 6262 0402 or email us at care@acebizservices.com to get the information details on your needs.

Credit:Digitisation grants and benefits SMEs in Asia can take advantage of | Xero Blog