• Abundant Accounting

Digitalisation amidst a Pandemic

The year 2020 passed by in a flurry due to the unprecedented circumstances on a scale that the world has never experienced. Due to these overwhelming times, it may be difficult to some to remember life before the pandemic and lockdown. However, even before the outbreak, the age of digitalisation has already been creeping up on the accounting industry. As of right now due to the pandemic and working from home being a certainty for the next few years, it has only accelerated the digitalisation process across all industries and especially affected accounting and its practices. In fact, working from home is probably going to be a staple in working culture for years to come.

With that in mind, IMDA has begun taking steps to spur and encourage the growth of digitalisation even further with its SMEs Go Digital initiative. They will majorly subsidise the pre-approved IT solution for SMEs who take up the solution and use it in Singapore. They do so because the benefits that the pre-approved IT solutions brings are expansive.

Since our incorporation, we have been helping companies set up their systems and properly transition them into cloud based accounting and we have a 8 year track record of doing so. Therefore, Our professional accountants are well equipped to provide you the services to reap these benefits for you and your firm. These are just a few benefits listed below that could help your company :

  1. Drastic reduction in manual processes for users

  2. Ease of retrieval for invoices/ No hard copies for invoices

  3. Shorter learning curves with our professional training

  4. Professional design of reports to facilitate decision making

  5. Enhance revenue growth by rewarding good performances

  6. Control Costing gives valuable insights to areas with high costs

  7. Tax planning/savings

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