Save on Xero with the Productivity Solutions Grant

Receive up to 80% funding support via the Productivity Solutions Grant (PSG) when you adopt Xero via a pre-approved PSG vendor.

What is the Productivity Solutions Grant?

A joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, the Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes.

PSG supports the adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking.

Announced at Supplementary Budget 2020, PSG has been enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. The maximum funding support level will be raised to 80% from 1 April 2020 to 31 December 2020.

Who is eligible for the PSG?

SMEs can apply for the PSG if the meet the following criteria:

  • Registered and operating in Singapore

  • Subscription of the IT solutions or equipment must be used in Singapore

  • Have a minimum of 30% local shareholding (for selected solutions only)

PSG-approved Xero partners

See the list of Xero partners who are pre-approved for offering their Xero services with PSG

361 Degree Consultancy

Helping SME to achieve their dreams is our passion! You will receive our personal attention and all inquiries are usually responded within 2 hours by our friendly consultants.

We specialized in setting up your Xero in a quick and smooth manner and provide training & support tailored to your needs. We are a team of not-so-conventional accountants & cloud integrators who constantly challenge the status quo, eliminate operation hiccups by deploying multiple solutions in the ecosystem. You may also rely on us on applying government grants to defray up to 98% of the cost for subscription, setup, training & support. There are 3 grants that you may tap on, PSG, SFEC & E-invoice grant. We have implemented software solutions for more than 1,500 businesses in South East Asia since 2008.

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Abundant Accounting

Enjoy up to 80% subsidy including 1 year licence, set up and training by professional accountants.

Our experienced chartered accountants are certified Practising Management Consultants (PMC) and have more than 20 years of accounting, audit, tax and project management experiences in MNCs and SMEs.

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Accounting Consultancy Pte Ltd

With more than 20 years of experiences, we are one of the most established accounting companies in Singapore. We have a dedicated team to serve the needs of companies from a wide spectrum of industries ranging from construction, manufacturing/engineering, logistics, medical, R&D, insurance/property to restaurants, retail and education institutions.

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Accounting Superhero by MFP

A boutique accounting and tax firm powered by a 100% Xero Certified team based in Singapore and Malaysia, make Accounting Superhero your choice partner for all your accounting and tax needs. From startups to established SMEs, we practice a clients-first approach, giving you peace of mind and allowing you to focus on business whilst we focus on your numbers.

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Accounts 101

We work with client closely so that they are involved in the process of going cloud. We believe that every client is different and therefore, solutions are customise to each client with the same goal of improving business processes.

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Acc Pro (Singapore) Group

Acc Pro (Singapore) Group is a qualified team of Accredited Digital & Chartered Accountants equipped with the necessary skillsets to make your business easier & better. We strive to understand our clients' business nature thoroughly before helping them implement Xero. Our clients can focus on building their business while leaving the hassle of back-end business processes such as accounting to us.

We offer a complete suite of accounting services such as: • Automation and Customization of Accounting Software • Book-keeping Services • Financial Statements Compilation • Tax Planning and Computation • Corporate Secretarial Services • Corporate/Individual Training • Government Grants Advisory Services. We also offer Express Services within 2 working days. Your Success is Our Pride!

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Ace Business Pte Ltd

Ace Business aims to support you to enhance your Business Digital Transformation.

If you are still using excel, this is the best time to start using XERO Accounting System. As your advisor, we provide services such as Training, System Setup, Local Technical Support. We give you a peace of mind to embark on the digital journey. We have worked with clients from various industries - Construction, F&B, Automobile, Consultancy, Agriculture, Logistics, Retail, Marine, Startups. Let us help you today!

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Advante Consulting Pte Ltd

Advante is a team of qualified and dedicated professionals who leverage on technology to provide a full range of services to assist you to ✔ meet your regulatory obligations; ✔ streamline your business processes; and to ✔ GROW your business. Our services include company incorporation, company secretarial, book-keeping, accounting, taxation, payroll processing and human resource services.

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Agere Accounting & Advisory Pte Ltd

Agere joins your team as your trusted advisor and financial partner, bringing you innovative best of breed cloud solutions and customised services tailored to your needs. We are 100% on Xero and all our team members are Xero Certified Advisors.

Through our team of passionate, business minded and tech savvy people, businesses stay compliant to statutory requirements, digitise their processes and achieve higher business profits and wealth accumulation.

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Aggregate Consultancy Services

IMDA pre-approved vendor for Accounting Management Solution.

Aggregate Consultancy Services provides one stop digital solutions to help start-ups and SMEs to build a successful business. We help you address the challenges of limited resources and manpower so that you are able to spend your time growing the businesses instead of handling time consuming and tedious back-office process. Our comprehensive services are designed to help you grow your sales and reduce you costs. These include Company Incorporation, Corporate Secretary, Virtual Office Address in Central Singapore, Taxation and Accounting, Managed Human Resource Services, Business Consultancy, Advice on Singapore Grants and Business Consulting Services. We will help you increase your odds of business success today.

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ASL Advisory Pte Ltd

At ASL Advisory, we are not your typical outsourced provider. We come from a management consulting background - we know what makes companies succeed, and we are here to bring the secrets of success to you.

​With the rise of cloud computing available for SMEs, we are at the forefront of that trend and want to bring you the best it can offer, at an affordable rate.​Business owners always only want to do what they are good at. We do too. Allow us to be your trusted advisor and we will do the heavy lifting for you.

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Aura Partners (S) Pte. Ltd.

Aura Partners is a one-stop business solution centre which specializes in company formation, accounting services, taxation, bookkeeping services, payroll services and Employment Pass application service to our small medium enterprises (SMEs), start-ups and multi-national companies (MNCs). Let us be your trusted advisor and financial partner with our Xero Certified team members.

Though our team of passionate people, your business will receive prompt and reliable services to support your operation. And by staying compliant to statutory requirements and digitalizing the processes, you will achieve higher business profits and growth.

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Bamboo Sea Pte Ltd

A business advisory focusing on offering bespoke end-to-end business and financial services to the SME and start-up community in Singapore. With an extensive experience in fintech and healthcare, we believe in maximising the use of technology to streamline workflows and provide financial solutions seamlessly.

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Beaufort Corporation Pte. Ltd.

We are Xero Certified Accountants, & a bit more.

3 steps of Switching to Xero: 1. We conduct data migration & set up templates such as invoices, bills, reminders & statements of accounts 2. We provide training on daily use of Xero 3. We implement real-time Dashboards, KPI's & Reporting so you can make proactive decisions as a business owner The extra bit? We highlight your business’ financial performance & make recommendations to improve cashflows & financial health for your business growth. As App Advisors, we also make recommendations on suitable add-on apps for your business & help you to apply government grants to defray cost of software subscription & implementation. We serve businesses from Singapore, Malaysia, Thailand, Indonesia, Philippines, Myanmar, India, Bangladesh, Pakistan, Australia & USA.

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Book&Entries Pte Ltd

Since 2015, Book&Entries has continued to serve and provide clients with various advisory, financial reporting and compliance services. Over the years, we have transformed from a traditional accounting firm to a digital accounting firm which uses technology to do our work more efficiently.

We assist companies with a robust process review to convert tradition way of record keeping to maintaining records digitally. Our partnership with Xero has enabled us to work closely with small-medium enterprises on adopting and implementing the digital way of running the business. Together with other digital solution partners, we have made accounting and financial reporting easier for our clients and their employees, customers and suppliers.

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CFO Accounts & Services

CFO Accounts & Services deploys highly qualified and internationally-experienced accountants to provide you a professionnal, personalised and prompt accounting services to serve your needs.

You will always be compliance-ready when we give you transparency, quick response & real-time access to your account info.

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Clooud Consulting LLP

We believe companies to gain profit through passion, efficiency and effectiveness. Currently Clooud Consulting is a IMDA Pre-approved Productivity Solution Grant (PSG) vendor for XERO. With the new accreditation and recognition, company could engage us to have 80% support of the total cost to subscribe and implement XERO. Our packages start from SGD720 onwards.

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Cloud Accounting & Consultancy

Pride ourselves as the #1 Trusted Xero Certified Accounting Firm in Singapore, we help businesses to integrate and streamline their existing accounts with unique Xero software. Cloud Accounting and Consultancy Pte. Ltd. is led by committed and certified accountants, aiding all entrepreneurs through a smooth and cost savings transitions to Xero.

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Daisy Accountants Pte Ltd

Daisy Accountants is a network of accountants, corporate secretaries, tax agents, and other professional consultants. We aim to be a one-stop solution for all your corporate needs. A network of interconnected professionals that have vast capabilities that each individual professional cannot singly achieve.

Joining in the hype for the sharing economy, Daisy aims to provide affordable professional services by tapping on to our network's idle time and professional know-how. We are ready to tackle any financial challenges that you may have as your financial advisor, with our team specialising in a variety of business services. We understand how busy you are, we will take care of any of your business financial needs effectively, leaving you to worry less and live more.

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EBOS Cloud Accountants

EBOS SG Pte Ltd is one of the 1st Cloud Accountant providers in Singapore.

We provide a wider spectrum of accounting services to sole-proprietorships, partnerships, helping local and international companies to fulfill regulatory compliance requirements by governing authorities like ACRA & IRAS. Cloud Accountants can also help you with Cloud Corporate Secretary because we have an in-house Technology Team who is always upgrading our system. We also partner with innovative Cloud Accounting Solutions to bring useful and value for money solution to you. Since we started with cloud technologies, we have helped our Entrepreneurs and Long Established Companies grow and build an edge over other business owners through every stage of their business because we understand that you are READY TO SCALE THE NEXT GOAL!

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Harvest Accounting

Harvest Accounting was established in Singapore by Chartered Accountants Matthew and Bryan. Their mission is to be growth partners with small businesses through the provision of cloud accounting solutions. With bookkeeping on-the-go and real-time financials, Harvest Accounting strives to help business owners focus on their core activities, make better decisions, transform their businesses and share in a common harvest together.

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Metropolitan Management Services Pte. Ltd. (MetroCorp)

Since 1971, Metropolitan Management Services Pte. Ltd. has been providing clients with incorporation, accounting, corporate secretarial, corporate advisory, HR, payroll and other business related services.

Our qualified and professional staff is dedicated to help clients improve their operations and meet regulatory compliance. We also advise clients on issues related to business growth and financial policies that are vital to the running of a successful and profitable business.

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PerfecTen Corporate Services Pte Ltd

At PCS, we believe in action. We are passionate about helping our clients and growing their businesses. We help clients to strengthen the foundation and pillars of their business. The basic services we provide such as cloud accounting, corporate secretarial, audit and tax services are the foundation for compliance. We add value by providing business advisory on resource allocation and process improvement which are the pillars to support client's business better.

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Precusor Assurance PAC

Precursor is one of the top 30 accounting firms in Singapore. We provide a full suite of corporate and advisory solutions and services to more than 600 local and overseas enterprises.

Our commitment towards quality and innovation excellence has won us many accolades, including Winner of Best Practice Award in 2018 and Innovation Award in 2016 during the Singapore Accountancy Awards. We are also accredited as People Developer by Enterprise Singapore for our relentless drive towards People Development. Precursor strives to serve every client with distinction. Our engagement with every client represents the start of a long lasting relationship, through which we firmly hold on to our values of Mutual Respect, Integrity, Commitment and Excellence.

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PROFECTANT

We offer accounting, taxation, payroll and corporate secretary solution for small-medium enterprises. Whether you are managing a handful of F&B outlets or a B2B manufacturing parts supplier, your company is in good hand when you have the professionals handling your business needs. We are happy to get you started with a free consultation.

A little more about Profectant: - We have been providing services since 2012. - We are an authorised accounting and taxation service provider in Singapore.

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Royal Management Services (S) Pte Ltd

Formed in 1993, RMS is a one-stop corporate service provider. Throughout the years of growth and operations, we continuously uphold our reputation by delivering premium and reliable services that not only surpass our clients’ expectations but also fulfilling statutory obligations.

We provide a complete range of comprehensive services which includes Company Incorporation, Corporate Secretarial Services and Accounting Services which covers; Book-Keeping, Financial Reporting, Payroll and Taxation. We offer our services to local and international companies of all sizes which includes young start-ups and Small-Medium Enterprises (SMEs) in any phases of their businesses. Comprised of a dedicated and friendly in-house team, we are ready to advise you.

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Singapore Corporate Services Pte Ltd

A local CPA firm with regional exposure and practical experience in providing solutions to SMEs, Startup and business owners on accounting and tax-related matters. We are an owner-managed practice ourselves, we understand the challenges faced by business owners. Hence, our values are set to be your extended team, helping you to keep your books the right way, stay compliant and most importantly, competitive!

SCS provides professional bookkeeping and accounting outsourcing services, corporate and personal income tax, goods and services tax (GST), payroll, company incorporation and other compliance professional services. Supported by a local team of qualified professionals, passionate about serving the start-ups, small and medium enterprises.

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Sleek

Sleek makes the lives of entrepreneurs, investors and SMEs easier!

We provide a 100% online platform for effortlessly incorporating and managing the regulatory, tax and accounting requirements for companies in Singapore and Hong Kong. To date, Sleek has assisted more than 2,000 companies with their projects from tiny consulting shops, to sub-divisions of MNCS, and prominent startups. Our Services: • Incorporation • Corporate Secretary • Local Registered Address & Digital Mailroom • Nominee Local Director • Tax & Accounting Support Why Sleek? Transparent pricing, 100% online, 30k+ in free partnership perks and free resources! Sleek is a Xero Platinum Champion partner since 2019 and has been awarded the Singapore Emerging Accounting Partner of the Year in 2019.

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Timcole

Be assured with your compliance needs.

We are now PSG-approved! Receive up to 100% funding support when you engage us for the setting up and migration to Xero. At Timcole, we take care of your administrative workload so that you can focus on your sales and business operations. As a certified Xero partner, we can set up and manage your unaudited financial statements, expense claims, bookkeeping, CPF and all other annual filing requirements you need. With a team of experienced Chartered Accountants and ICSA qualified Secretaries, we offer professional assistance in the areas of incorporation, secretarial, accounting, work pass applications, business advisory and payroll management.

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U Ventures Pte Ltd

U Ventures Pte Ltd was founded in 2010 and has been serving high growth enterprises ever since. We serve high growth clients of different sizes across different industries and jurisdictions. We adopt an analytical approach towards our client's business and focus on reducing administrative work and increasing effectiveness of client's business.

We help businesses focus on their growth while we provide the support and data necessary to facilitate the scaling of the business.

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Vodich Management Services Pte Ltd

We are an accounting and business advisory firm focusing on helping Emerging enterprises to succeed in today's dynamic and innovative environment.

Through our cloud solutions, we assist business owners to gain access to real-time data and provide financial insights to improve their business. Our Corporate Services division empowers our clients to set up their legal entities in Singapore and various jurisdictions across Asia and Europe. Our advisory division, which focuses on mergers and acquisition, global expansion and capital sourcing, we are able to further support the growth of our clients.

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W.L.P

W.L.P Pte Ltd is a Singapore-based firm that provides professional business incorporation, accounting, tax and business advisory services for start-ups and small medium enterprises.

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YOIO

"You Only Integrate Once"

Founded by two accountants with a common goal to empower small-to-medium enterprises with technology. With our accounting expertise and an eye for technology, we are well equipped to take charge of your accounting and recommend suitable cloud solutions that match your business. Working with business owners, we understand the underlying challenges they face when working with multiple cloud systems. “How to set up and integrate for their business” and “Inadequate knowledge of the cloud systems” are challenges faced by a business owner. YOIO is set up to help business owners tackle these challenges.

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Please note, Xero does not guarantee the service of any one advisor.

We do not review advisor listings and we do not recommend or guarantee the service provided by any one advisor, so make sure you check them out yourself and get comfortable with them yourself. 

Xero does not assess any individual advisor’s or firm’s proficiency as an accountant, bookkeeper or financial advisor. 

How to apply for the PSG with Xero

Step one: Get a quotation from a pre-approved Xero vendor.

Step two: Submit an application on the Business Grants Portal (BGP). You will need to register for a CorpPass account to transact on the portal.

Are you an accountant or bookkeeper in practice?

If you would like to learn more about how your practice can become a pre-approved ICM vendor for Xero's accounting software, start by attending IMDA's monthly Vendor Briefings, where SGTech will share more information on the SMEs Go Digital programme. Refer to IMDA's website for more information.

It is up to your practice how you would like to structure your Xero PSG package to suit the requirements of the grant. It can include the cost of the Xero subscription, setup, training and/or implementation.

You can also email us at asia.partner@xero.com or speak with your Xero account manager to learn how Xero can assist you with your application to become a pre-approved vendor under the PSG.

Frequently asked questions

For the latest information about the PSG and answers to more FAQs, click here.