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PSG In A Nutshell: What’s In It For You?

Save More by Upgrading Your Accounting

With the Productivity Solutions Grant (PSG), you can get up to 50% funding support when you upgrade to a government pre-approved accounting solution.
Don’t just manage your finances — make every dollar work harder for you.

PSG In A Nutshell: What’s In It For You?

PSG In A Nutshell: What’s In It For You?

The PSG makes it easier and cheaper for SMEs like yours to adopt modern digital tools. For accounting, that means:

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50% cost savings on your upgrade

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Faster, automated bookkeeping & compliance

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Future-ready with InvoiceNow e-invoicing solutions (soon to be mandatory for GST-registered businesses)

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Stay compliant while cutting down errors and manual work

Upgrade Smarter with PSG Support

Find out how you can claim up to 50% reimbursements on implementing digital solutions.

Are You Eligible for PSG?

Most SMEs in Singapore already qualify — but here are the few key criterias:
Must be a registered business operating in Singapore

Must be a registered business operating in Singapore

At least 30% of your company shareholding is owned locally

At least 30% of your company shareholding is owned locally

Annual turnover under S$100M or fewer than 200 employees.

Annual turnover under S$100M or fewer than 200 employees.

Things to note before applying

  1. You can’t switch vendors mid-way once you claim PSG with a provider.
  2. The solution must be from the PSG pre-approved vendor list.
  3. You must receive approval before signing contracts or making payments.

Why Engage Grof?

At Grof, we don’t just give you the forms — we guide you through the process, so you can maximise your funding without the stress.