Digital transformation for small and medium businesses
In a current survey, it was found that 83% of small and medium-sized business (SMEs) in Singapore have electronic transformation strategies in position, but much less compared to fifty percent have the ability to implement it effectively because of the untimely COVID-19 pandemic which affected financial investment priorities1. However, business survival and digitalisation are steadily combining in the new globe.
Whilst the financial unpredictabilities in current times have also included unique challenges - the high application cost, capital challenges, the labor force electronic upskilling space and reduced understanding of federal government efforts are some common disadvantages faced by SMEs along their electronic transformation trip.
With PwC Singapore's customized solutions, SMEs can access a broad range of solutions to start their first step to digitalisation with self-confidence and accomplish an one-upmanship and enable development.
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