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Digitalise Your Business with Up to 50% PSG Grant for ERP & Accounting Software

SMEs in Singapore are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of ERP and accounting software solutions like Sage 300cloud. As a PSG pre-approved vendor, Acsolv Consult helps businesses streamline their operations with trusted, pre-approved software that aligns with IMDA’s SMEs Go Digital programme.

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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.
4 Myths of ERP Software Debunked

Sage 300Cloud Pre-approved Digital Solution

SOFTWARE LICENSE

  • Account & Financial Management

  • Inventory Control Management

  • Sales Management

  • Purchase Management

  • Sage Intelligence Report

  • PEPPOL – InvoiceNow

PROFESSIONAL SERVICES

  • Project Planning & Implementation

  • Implementation & Configuration

  • Data Migration

  • UAT with Testing Environment

  • User Training

  • 1 Year Maintenance Support

  • 1 Year Cloud Hosting Managed Services

Pre-Approved Vendor for Sage 300 Cloud Software

SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of Sage300 Cloud, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.

4 Steps to Apply for the PSG Grant

Applying for the Productivity Solutions Grant (PSG)? Here’s how to ensure a smooth process:

1. Assess Your Business Needs

Identify your business’ operational challenges.

2. Check PSG Eligibility

Make sure your business meets the PSG grant criteria, such as the required local shareholding and employee limits.

3. Choose a Pre-approved Vendor and Get a Quotation

Partner with a PSG pre-approved vendor like Acsolv Consult to receive a tailored quotation for PSG grant accounting software.

4. Submit Your Application on the Business Grants Portal (BGP)

Log in to the BGP and provide all necessary documentation. Upon the approval, implement the PSG ERP solution and submit the required claims for funding support.

Why Choose PSG-Approved ERP vs Non-Approved Solutions

Criteria PSG-Approved ERP Solutions Non-Approved ERP Solutions
Grant Eligibility Eligible for up to 50% PSG funding Not eligible for PSG support
Vendor Approval Pre-approved by IMDA and Enterprise Singapore No official endorsement
Security & Compliance Vetted for data protection, scalability, and compliance May lack standardised vetting
Application Process Faster approval with verified credentials Slower approvals and limited guidance
Support & Guidance Full assistance through grant and claims process Limited or no grant-related support

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.

Applying for the PSG Grant ERP & Accounting Software Package for Sage 300

To apply for the PSG ERP package, follow these simple steps:

  1. Identify Relevant Solutions:

    Assess your business needs to find suitable PSG ERP solutions. Visit the GoBusiness Gov Assist website for a list of pre-approved solutions. For IT solutions, like Sage 300, request a quotation from a PSG pre-approved vendor.

  2. Get Quotations:

    Once you’ve identified relevant solutions, request quotations from the respective vendors. Be sure to work with PSG pre-approved vendors like Acsolv for IT solutions or consultancy services, and gather necessary equipment quotations.

  3. Submit the Application:

    Submit your completed application through the Business Grants Portal (BGP). Applications can be submitted anytime throughout the year, giving your business flexibility in applying for the PSG grant accounting software when it’s most convenient.

PSG ERP solutions offered by Acsolv Consult

Choosing the PSG ERP solutions offered by Acsolv Consult comes with several benefits:

  • Financial Assistance: Receive up to 50% funding support to help implement PSG grant accounting software like Sage 300, reducing upfront costs.
  • Streamlined Processes: Our PSG ERP system helps improve efficiency, automate tasks, and boost overall productivity.
  • Guidance from a PSG Pre-Approved Vendor: As a PSG pre-approved vendor, Acsolv Consult ensures a seamless application and grant disbursement process.
  • Increased Competitiveness: With cutting-edge ERP solutions, your business can stay competitive by reducing operational inefficiencies.

Why Choose Our PSG Grant Accounting Software & ERP Solutions?

As a PSG pre-approved vendor, Acsolv Consult provides comprehensive guidance throughout the grant application and claims process. Here’s how we assist:

Step-by-Step Guidance:

We simplify the application journey for businesses by offering a detailed guide tailored to the PSG process.
1. Eligibility check to ensure compliance
2. Assistance with Business Grants Portal (BGP) portal submission
3. Application processing within 4-6 weeks (subject to document completeness)

Essential Document Checklist:

We ensure all paperwork is in order, avoiding delays during the approval process.
• ACRA business profile
• Audited financial statements
• Quotation for PSG grant accounting software (e.g., Sage 300))
• Proof of implementation (for claims submission)

Claims Processing Assistance:

Once your grant application is approved, we guide you in submitting claims through the BGP.
• Verify implementation milestones
• Ensure compliance with Enterprise Singapore guidelines
• Disbursement process typically 1-2 months upon complete submission

Types of PSG Solutions

Sector-Specific Solutions

Tailored solutions for industries such as retail, construction, logistics, and food services. These PSG ERP solutions help businesses in these sectors operate more efficiently.

Generic Solutions:

Broad solutions designed to enhance productivity across different sectors. These include accounting software, customer management systems, and inventory management tools, like the Sage 300 ERP offered by Acsolv Consult.

Up to 50% PSG Grant with Acsolv – Pre-Approved Vendor

Acsolv Consult is proud to be a PSG pre-approved vendor for implementing Sage 300cloud software. This designation highlights our commitment to delivering innovative solutions that align with Enterprise Singapore’s vision for business productivity enhancement.

Eligible businesses can receive up to 50% funding support for implementing pre-approved digital solutions like Sage 300cloud. This financial assistance is aimed at reducing upfront costs, enabling SMEs to adopt advanced technologies and achieve sustainable growth.

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 solution 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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