With the digital push accelerated by COVID-19 changes, companies (regardless of their size or industry) are increasingly moving to digital solutions. Whether you are a tiny two-person partnership or a medium-sized enterprise hiring a team of employees, digital solutions can be a huge productivity booster and business enabler. <\/p>\n\n\n\n
With the Productivity Solutions Grant (PSG) offering up to 80% subsidies, it is high time companies got onboard with using IT solutions to digitalise some (mind-numbing) aspects of business operations. <\/p>\n\n\n\n
Under the PSG, the maximum support level is up to 70%, from 1 April 2022 to 31 March 2023. For eligible solution sub-categories under the Food Services and Retail sectors, the enhanced support level is up to 80%. From 1 April 2023 onwards, the maximum support level will be up to 50% for all sectors.<\/p>\n\n\n\n
Here are some 5 digital solutions (preapproved under PSG) that every company should adopt to digitalise their daily operations. <\/p>\n\n\n\n
Note: prices cited are the total package cost which may be more than the total qualifying cost.<\/em><\/p>\n\n\n\n Read Also: <\/em><\/strong>Guide To Productivity Solutions Grant (PSG)<\/em><\/strong><\/a><\/p>\n\n\n\n The backbone of every business operation, accounting can be a headache for many companies. A good accounting software can provide features such as invoicing, bank reconciliation, inventory, quotes, expense claims, reporting, and payroll. For a small business, this may be all that\u2019s needed administratively. <\/p>\n\n\n\n One popular and easy-to-use accounting software for SMEs is Xero and this is well covered under PSG. There are multiple vendors offering Xero-based packages, ranging from a subscription-only package to comprehensive multi-user setup and consultation. <\/p>\n\n\n\n Advante Consulting Pte Ltd<\/a><\/p>\n\n\n\n Do note that this is a non-comprehensive listing of vendors who offer Xero Cloud Accounting. Some vendors package Xero with their own in-house platforms and added services, while others provide setup and training services. <\/p>\n\n\n\n Additionally, if you do not wish to use Xero, alternatives such as QuickBooks are also available under PSG\u2019s Pre-Scoped IT solutions. <\/p>\n\n\n\n If your company is thinking of making a move from paper to digital, file management and cloud storage solutions are essential. Even if all you do is scan paper copy to digital copy, having a good cloud storage system can save you a lot of stress.<\/p>\n\n\n\n A popular cloud storage and file sharing solution for consumers, Dropbox is also available for businesses and offered under the PSG.<\/p>\n\n\n\n WEB IMP PTE LTD<\/a><\/p>\n\n\n\n Acc Pro (Singapore) Pte. Ltd<\/a><\/p>\n\n\n\n Read Also: <\/em><\/strong>How To Use The Productivity Solutions Grant (PSG) To Buy Laptops For Your Business<\/em><\/strong><\/a><\/p>\n\n\n\n E-commerce is the new retail and any business that sells a product or service direct to consumers should invest in an e-commerce solution. Shopify is one of the most popular e-commerce digital solutions available. Other e-commerce solutions including custom designs and integration are also available. <\/p>\n\n\n\n Shopify Commerce Singapore Pte Ltd<\/a><\/p>\n\n\n\n Customers are the lifeblood of any business and CRM software help you to keep track of every single customer from day one. Having good information about your customers can improve your sales leads and lead to better revenue and better customer satisfaction. Things like sending a reminder to your customer on their upcoming appointment or sending a birthday promotion can be easily automated with CRM software but would be incredibly tedious to implement manually as your customer base grows. <\/p>\n\n\n\n#1 Xero Cloud Accounting \u2013 Accounting Software<\/strong><\/h3>\n\n\n\n
#2 Dropbox \u2013 Cloud Storage, File Management and Sharing Solutions<\/strong><\/h3>\n\n\n\n
#3 Shopify\u2013 E-Commerce<\/strong><\/h3>\n\n\n\n
#4 Salesforce \u2013 Customer Relations Management (CRM) Software<\/strong><\/h3>\n\n\n\n