Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, April 28 2020 - 11:45
AsiaNet
SCS Makes Establishing a Company and Accounting Easier for Clients with Cloud-based e-Commerce Platform
SINGAPORE, Apr. 28, 2020 /PRNewswire-AsiaNet/--

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  
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