PR83758

SINGAPORE, Apr. 28, 2020 /PRNewswire=KYODO JBN/--

The accounting e-commerce platform, the first of its kind in Singapore, enables

SCS clients to incorporate companies, see prices,order a full range of XBRL

reports online with more services available.

Singapore Corporate Services Pte Ltd("SCS"), a leading Singapore-based CPA

firm, has advanced to its next step of streamlining service offerings with a

new cloud-based e-commerce platform, in light of the Singapore Government's

SMEs Go Digital programme.

The accounting e-commerce platform, the first of its kind, enables SCS clients

to see prices and order a full range of XBRL reports. The familiar e-commerce

interface integrated into the company's website brings accounting to the next

level, eliminating time-consuming back-and-forth between the firm and its

clients while making prices and fees transparent.

"We are always looking for ways to make accounting simple. As a specialist for

start-ups and small and medium enterprises(SMEs), we must streamline our

accounting services to help them stay compliant and competitive without

disrupting their day-to-day operations," said Alan Chang, Managing Director of

SCS.

"With the adoption of cloud accounting software, we have been able to make

reporting procedures much more efficient and generate consistent financial

reports for our clients without breaking the bank," Chang added.

The digital transformation of its services has also propelled SCS to offer

cost-effective plans to its SME clients, who need to reallocate resources to

growth goals.

SMEs employ two-thirds of Singapore's workforce and contribute nearly half of

the country's GDP, according to the Singapore Infocom Media Development

Authority(IMDA).

IMDA's SMEs Go Digital programme(

https://www.imda.gov.sg/programme-listing/smes-go-digital) aims at developing

SME-friendly Industry Digital Plans to help these businesses seize growth

opportunities in the digital economy.

Understanding SMEs' needs to focus on more pressing areas of operations SCS

aims to support them to become agile with automated processes to achieve

productivity, while ensuring compliance requirements.

Going paperless for accounting transactions not only removes the costs of

printing and postage and speeds up the payment process, but also enhances SCS'

and its clients' ESG commitment by reducing paper waste.

In addition, for the first time, SCS' online services include helping

businesses incorporate a company and open a bank account in Singapore(

https://scs-cpa.com/company-incorporation) without travelling, significantly

saving paperwork, time and money for customers. Phase 2 of SCS digital

expansion will see the gradual introduction of new accounting and tax related

services to the platform, ensuring ease and convenience for companies looking

to digitise their operations.

To incorporate a new company or to order accounting services with ease, please

visit SCS' new website at https://scs-cpa.com/

About SCS

Singapore Corporate Services Pte Ltd(SCS) is a Singapore-based CPA firm with

over 20 years of combined experience. The company provides professional

bookkeeping and accounting outsource services, corporate and personal income

tax, goods and services tax(GST), payroll, company incorporation and other

compliance expert services.

SCS is a Registered Filing Agent with the Accounting and Corporate Regulatory

Authority of Singapore(ACRA).

SOURCE: Singapore Corporate Services Pte Ltd