Integrated Software Engineering’s InfoMaster ERP Asset Monitoring and Management System is a Pre-approved Digital Solution under the Infocomm Media Development Authority’s (IMDA) Productivity Solutions Grant (PSG).
With up to 50% funding (from April 1, 2023) on the qualifying cost of the solution, the Productivity Solutions Grant (PSG) allows companies to adopt digital solutions that can result in long term benefits and enhance both business operations and processes.
Productivity Solutions Grant (PSG)
The Productivity Solutions Grant (PSG) was launched in April 2018 to assist businesses in their digital transformation journey.
Eligible businesses can receive up to 50% funding support on qualifying costs for the pre-scoped solutions.
The purpose of the PSG is to support the adoption of pre-scoped IT solutions, equipment and consultancy services to improve productivity in line with the Industry Transformation Maps (ITMs) and Industry Digital Plans (IDPs).
Business entities can apply for PSG if they meet the following criteria:
- Registered and operating in Singapore
- Purchase/lease/subscription of the IT solutions/equipment/consultancy service must be used in Singapore
- Have a minimum of 30% local shareholding (for selected solutions only)
- Have a group annual turnover of note more than S$100 million OR
- Have a group employment size of not more than 200 workers
As a pre-approved solution under the PSG, the InfoMaster ERP’s Asset Monitoring and Management system allows tracking and monitoring of inventory levels in the warehouse and at external locations, job sites and maintenance jobs. This improves the operational capability of the company to manage costs effectively and avoid cost overruns and downtime.
With up to 50% of funding support on the qualifying cost, companies can implement a trusted and reliable system to improve productivity and operational efficiency.
InfoMaster ERP Asset Monitoring and Management System
Manage Purchase Processes
InfoMaster helps to accelerate your business purchase processes-from quotations to invoicing, goods receipt, returns and payments-all within one seamless ERP software.
Simplify Quotation to Sales Processes
Integrate sales, finance and fulfilment teams with InfoMaster-eliminate billing error, improve quotation accuracy and strengthen revenue recognition processes for both trading and project related transactions.
Monitor Customer Transactions
Capture all customer related information at a central console. Be updated about customer purchases, selling price and outstanding invoices. Group your customers by customer class or industry.
Easily Manage Vendors
Capture all vendor related information at a central console. Be updated about vendor purchases, pricing and outstanding invoices. Classify your vendor by vendor class or industry.
Know your Accounts
Record your journal entries easily and effortlessly. Manage your accounts through our comprehensive and flexible Chart of Accounts.
Enhance your Asset Control and Monitoring
Allow your InfoMaster ERP system to maintain optimal product replenishment cycle with ease. Gain control of your assets with detailed product/ asset information and movement tracking.
Optimize Your Inventory
Optimize inventory by anticipating demand and receiving order alerts in advance for inventory shortage and overstocks. Automate and dynamically manage inventory items in multiple warehouse.
Financial Data at your Finger Tips
Increase your profitability and make better, quick decisions with a steady, real-time view of your finances via the management inquiry interface. Export your data to Excel for contextualized reporting.
Simplified Compliance Process
Make GST filing hassle-free and stay up to date on your compliance obligations with assisted accounts reconciliation by our ERP system.
Track Full Movement History
Get a complete history of all inventory movements to track any inventory irregularities. Intuitive reports allows monitoring of asset movement in your organization.
Manage Project Related Entries
Create and define projects for centralized and consolidated view of cost, sales, expenses and collections. View your project profit-loss and other pertinent information for project related entries.
Vessel Master Management
Maintain a central repository of all vessels and assets managed by your company. View dimensional vessel profit and loss across multiple projects.