Reduce ERP & Accounting Software Costs with the Productivity Solutions Grant (PSG)

Acsolv Consult is a PSG pre-approved vendor and a trusted provider of business software solutions for SMEs. Beyond supporting Sage 300 ERP implementation, the team works closely with businesses to identify, deploy, and optimise software that improves operational efficiency and supports long-term growth. All solutions are aligned with IMDA’s SMEs Go Digital programme, ensuring reliability, compliance, and a smoother adoption process.

What is the Productivity Solutions Grant (PSG)?

Introduced in 2018, the Productivity Solutions Grant (PSG) is a government initiative designed to help Singaporean businesses embrace digital transformation. As a PSG pre-approved vendor, Acsolv Consult provides PSG grant accounting software and ERP solutions like Sage 300 to streamline financial management and improve operational efficiency. The grant provides financial support for businesses to purchase essential tools such as business-critical equipment, pre-approved IT solutions, and consultancy services, enhancing their operational efficiency. Whether you’re looking for PSG ERP solutions or PSG grant accounting software, Acsolv Consult is here to help you navigate the process.

Who Can Apply For The PSG Grant?

To qualify for the PSG grant, businesses must meet the following eligibility criteria:

  • Be a registered business operating in Singapore.
  • Use the subscribed service, solution, or equipment within Singapore.
  • Hold at least 30% local equity, either directly or indirectly, by Singapore Citizens or Permanent Residents.
  • The company’s group annual sales must be less than S$100 million, or the total employment size of the company and related entities must be fewer than 200 employees

If your business meets these criteria, you can apply for PSG ERP solutions to improve your operations.

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SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of [solution name], a Pre-Approved Solution under the IMDA SMEs Go Digital programme.

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FAQ

The PSG grant accounting software can help streamline your business’s financial processes. This reduces manual work and minimises human error. Pre-approved digital solutions under the PSG, enable your business to manage invoices, reports, and transactions efficiently.

Additionally, with PSG funding support, you can offset a portion of the implementation costs. This gives you the freedom to upgrade to cutting-edge software while keeping expenses low.

While PSG cannot be stacked with certain other grants for the same solution, some businesses may be eligible for other Enterprise Singapore or IMDA funding. It’s best to consult with our team for your specific scenario.

There is no specific deadline to apply for the PSG grant accounting software. However, the service must conclude by a certain date and the application must be submitted within a stipulated time period for successful claims.

No, the Productivity Solutions Grant (PSG) itself is not taxable. However, any benefits received from the grant, such as the subsidy provided for the purchase of the PSG grant accounting software, may need to be accounted for in your financial reporting.

No, PSG covers a wide range of digital solutions beyond accounting, including customer management, inventory tracking and integrated ERP systems.

A PSG pre-approved vendor is recognized by Enterprise Singapore as a trusted provider of digital solutions. Choosing a pre-approved vendor like Acsolv ensures compliance and increases grant approval chances.

Only solutions listed on the GoBusiness portal by PSG pre-approved vendors qualify. Acsolv’s Sage 300 ERP software is one such approved product.

The average review timeline is 4 to 6 weeks, depending on documentation accuracy and submission volume. Working with a pre-approved vendor helps avoid delays.

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