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Productivity Solutions Grant (PSG) |
The Productivity Solutions Grant (PSG) provides SMEs with financial support for adopting pre-approved IT solutions, equipment, and consultancy services to enhance productivity.
You can find Synergix Technologies on the list of adoptable PSG IT solutions, under the Sales, Accounting and Inventory Management category.
You can find Synergix Technologies on the list of adoptable PSG IT solutions, under the Human Resource Management System (HRMS) category.
In an effort to simplify the digitisation process, Productivity Solutions Grant (PSG) is a financial support provided by the Singapore government for SMEs to gain digital capabilities to automate the existing processes and enhance the operational productivity of businesses.
PSG is designed for SMEs adopting digital solutions specified by industry (including Retail, Food, Construction, etc.) as well as by module (such as Customer Relationship Management, Business Analytics, Financial Management, Inventory Management, and more), which have been pre-scoped by government agencies.
SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of Synergix’s Sales, Accounting, Inventory Management, or Human Resource Management pre-approved solutions under the IMDA SMEs Go Digital programme.
You can apply for PSG if your business meets the following requirements:
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Having critical inventory data (brands, categories, specifications) stored in the ERP system with the tracking function using lots & serial numbers and barcode, Synergix ERP system users are provided with the ability to monitor and keep track of the stock availability for better making inventory planning decision with no fear of errors or missing information.
In addition, Synergix Inventory Management System can provide users with the function to track PPE items issued to employees for more efficient traceability.
With the implementation of Synergix ERP System, sales advisors will be equipped to effortlessly monitor customers by group, terms of payment/ contracts, and filters to set up different price lists and discounts, as well as preparing sales forms at a click of a button.
Approving/ rejecting a sales quotation or auto-generating a sales order can easily be done in Synergix ERP System. As the sales processes are operated systematically, ERP System users can extract reports to monitor the success rate of the quotations, keep track of the AR invoices, and manage profits and loss by projects/ customer groups, etc.
All transactions recorded in Synergix ERP System are guaranteed to follow Singapore’s Accounting Standards.
Being consistently integrated with other modules, the Synergix Accounting Management can cover the entire organisation’s operations including generating financial statements, and reviewing outstanding payables/ receivables etc.
From Staff scheduling, Biometric app, Timesheet tracking, E-leave management to Staff Appraisal and Training management, Synergix ERP System users can digitise the entire HRM process in an all-in-one HR solution suite with a security control established based on the company’s policy to limit access to sensitive HR information.
With all HR data processed in the ERP System, Payroll can be automatically generated periodically, which conforms to local regulations (MOM, CPF, IR8A), and fully integrated to Finance as well as various online banking system for giro payment to staff, thus, General Ledger entries can be updated without manual data entry.
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