Fast-Track Your Productivity: Your Guide to the Singapore Productivity Solutions Grant (PSG)
For Singapore SMEs focused on immediate operational improvement and quick digital adoption, the Productivity Solutions Grant (PSG) is the essential first step. Designed for businesses seeking to streamline processes, automate tasks, and enhance efficiency using proven, readily deployable technology, the PSG makes digital transformation accessible and affordable. MSC Consulting (S) Pte Ltd is a Pre-Approved Vendor for key solutions under the PSG scheme, ensuring that when you choose our services, you choose a government-vetted, high-impact solution that dramatically simplifies the grant application process.
What is the Productivity Solutions Grant (PSG)?
The PSG is a government initiative managed by Enterprise Singapore (ESG) that supports companies in their adoption of pre-scoped IT solutions, equipment, and consultancy services. Unlike grants for large-scale, deep transformation (like the EDG), the PSG is focused on quick implementation of proven technology to drive immediate productivity gains. The goal of the PSG is to encourage widespread adoption of digital tools that are vital for day-to-day operations across various industries, including Construction, Food Manufacturing, Retail, and Logistics.
Who is Eligible for the PSG?
The PSG is tailored for Small and Medium Enterprises (SMEs). Your company must meet these criteria to qualify
- Be registered and operating in Singapore.
- Have a minimum of 30% local shareholding.
- Have Group Annual Sales Turnover of not more than S$100 million or Group Employment Size of not more than 200 employees.
- The purchased IT solution, equipment, or consultancy service must be used in Singapore.
What Does the PSG Support?
The grant supports up to 50% of the qualifying costs for solutions purchased from pre-approved vendors like MSC Consulting. This support drastically lowers your upfront capital expenditure for adopting critical digital tools. Qualifying costs generally cover the purchase or subscription costs of the pre-scoped IT solution (software) and any associated installation or initial training fees necessary for deployment.
The PSG Advantage: Choosing Pre-Approved Solutions
The biggest advantage of the PSG is the concept of pre-approved solutions. Enterprise Singapore has already assessed and endorsed these solutions, verifying they are effective, scalable, and meet the needs of Singapore businesses.
Simplified Application and Faster Deployment
- Faster Application: The solution scope, price, and outcomes are already defined, significantly shortening the time needed to prepare and submit your application via the Business Grants Portal (BGP).
- Reduced Risk: You can be confident that the technology is reliable and has met government standards for efficacy.
- Quick Deployment: These solutions are designed to be deployed rapidly, meaning you start realizing productivity gains sooner
MSC Consulting’s Pre-Approved PSG Solutions
As a long-term expert in Microsoft Dynamics and enterprise mobility, MSC Consulting offers several pre-approved solutions that are perfect for meeting the PSG’s operational efficiency goals. Our offerings focus on creating a unified digital system and extending its power to your field teams.
The Core System: Microsoft Dynamics 365 Business Central
We provide pre-scoped packages of Microsoft Dynamics 365 Business Central tailored to different industries. This solution serves as the central operational backbone, enabling immediate improvements in core functions:
I.
Integrated Accounting & Finance
Automate general ledger, accounts payable, and ensure seamless transition to digital invoicing standards like InvoiceNow
II.
Inventory Management
Gain real-time visibility into stock levels, track goods-in and goods-out, and optimize inventory holding costs—a massive win for both manufacturing and distribution SMEs.
III.
Sales and Order Processing
Streamline the entire order-to-cash cycle, reducing manual data entry and errors, and speeding up invoice generation.
lV.
Industry-Specific Modules
Our pre-approved packages include critical functionalities like Job Costing for construction contractors or enhanced production order tracking for manufacturers, ensuring your solution is relevant from Day One.
Your Step-by-Step PSG Application Roadmap
Leveraging the PSG with MSC Consulting is a straightforward process:
Step 1: Identify Your Need & Solution
- Contact MSC Consulting for a consultation. We will identify which of our pre-approved solutions best addresses your immediate requirement and scalable for future needs.
- Once the solution is identified, we will provide you with a formal quotation for the pre-approved scope. This quotation is necessary for your grant application.
Step 2: Receive the
Quotation
Step 3: Apply via Business Grants Portal (BGP)
- You will apply for the PSG online through the BGP. You will select MSC Consulting (S) Pte Ltd as your vendor and upload our quotation. Because the solution is pre-approved, the assessment process is significantly quicker.
- Upon receiving the Letter of Offer from Enterprise Singapore, you can proceed with purchasing and implementing the solution. We will begin the streamlined deployment process immediately.
Step 4: Await Approval and
Proceed
Step 5: Claim Reimbursement
- Once the project is successfully completed, you submit your claims through the BGP, and Enterprise Singapore will reimburse your company the supported grant amount (up to 50% of qualifying costs).
Why Choose MSC Consulting?
With over 25 years of experience in Microsoft Dynamics implementation, we offer unparalleled expertise that strengthens project outcome and we not only implement the system also provide industry expert consultancy.
Pre-Approved Vendor Status
Our status as a pre-approved PSG vendor for Microsoft Dynamics 365 Business Central demonstrates that our products and processes have been vetted and trusted by the Singapore government.
Expertise in InvoiceNow
MSC Consulting is your trusted expert in InvoiceNow integration, a reputation reinforced by our win for the Best User Guide Award.
World-Class Security
Even with fast deployment, we ensure your system adheres to Microsoft's world-class standards of IT Cybersecurity. Your data is protected by robust security protocols, providing peace of mind as you digitalize.
Focused Industry Knowledge
Whether you require highly specialized Job Costing in Business Central for a construction project or sophisticated Food Manufacturing for a food processing plant, our consultants have the deep industry domain knowledge to ensure the pre-approved solution fits your business precisely.
Take the Fast Track to Efficiency
The Productivity Solutions Grant offers an exceptional opportunity to enhance operational efficiency with minimal financial strain. By partnering with MSC Consulting, you gain a pre-approved solution and a trusted partner committed to your successful digital journey. Stop relying on spreadsheets and manual processes. Start improving your bottom line today.
Contact MSC Consulting (S) Pte Ltd to discuss our pre-approved PSG solutions and receive your free quotation.
MSC Consulting Insights
- We empower enterprises to navigate digital complexity with confidence. Explore our latest perspectives on streamlining operations, optimizing resources, and scaling for the future.
Ready to Transform Your Business?
- Partner with Singapore's leading Microsoft Dynamics consultants. Let's discuss how we can accelerate your digital transformation journey.
- +65 6317 2050
- sales@msc-consulting.com.sg
- 70 Bendemeer Rd, #04-04 Luzerne, Singapore 339940
