The Productivity Solutions Grant (PSG) provides SMEs with financial support for adopting pre-approved IT solutions, equipment, and consultancy services to enhance productivity.
Productivity Solutions Grant (PSG) |
PSG, along with EDG and MRA will cease on 29 September, 2026.
From 30 September 2026, Singapore businesses can apply for government funding support through EDGE Grant. It replaces the Enterprise Development Grant, Productivity Solutions Grant and Market Readiness Assistance grant.
The Productivity Solutions Grant (PSG) provides SMEs with financial support for adopting pre-approved IT solutions, equipment, and consultancy services to enhance productivity.
You can find Synergix Technologies on the list of adoptable IT solutions under the Sales, Accounting and Inventory Management category and Human Resource Management System (HRMS) category.
SMEs are eligible for up to 50% business grant support for the adoption of Synergix Sales, Accounting, Inventory, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.
SMEs are eligible for up to 50% business grant support for the adoption of Synergix Software, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.
In an effort to simplify the digitisation process, Productivity Solutions Grant (PSG) is a financial support provided by the Singapore government for SMEs to gain digital capabilities to automate the existing processes and enhance the operational productivity of businesses.
PSG is designed for SMEs adopting digital solutions specified by industry (including Retail, Food, Construction, etc.) as well as by module (such as Customer Relationship Management, Business Analytics, Financial Management, Inventory Management, and more), which have been pre-scoped by government agencies.
PSG closed to new applications on 29 September 2026. Business grant support is now provided under the EDGE Grant.
SMEs are eligible for up to 50% business grant support for the adoption of Synergix’s Sales, Accounting, Inventory Solution and Synergix Software, Pre-Approved Solutions, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.
PSG applications closed on 29 September 2026. Under EDGE, the applicant must be a business entity registered in Singapore with at least 30% Singaporean or Singapore PR ownership. Further requirements may apply depending on the activity selected.
Note two changes from PSG: the 30% local shareholding requirement now applies across the board rather than to selected solutions only, and EDGE is open to non-SMEs as well as SMEs.
Trusted by more than 5,000 ERP System users in Singapore
Having critical inventory data (brands, categories, specifications) stored in the ERP system with the tracking function using lots & serial numbers and barcode, Synergix ERP system users are provided with the ability to monitor and keep track of the stock availability for better making inventory planning decision with no fear of errors or missing information.
In addition, Synergix Inventory Management System can provide users with the function to track PPE items issued to employees for more efficient traceability.
With the implementation of Synergix ERP System, sales advisors will be equipped to effortlessly monitor customers by group, terms of payment/ contracts, and filters to set up different price lists and discounts, as well as preparing sales forms at a click of a button.
Approving/ rejecting a sales quotation or auto-generating a sales order can easily be done in Synergix ERP System. As the sales processes are operated systematically, ERP System users can extract reports to monitor the success rate of the quotations, keep track of the AR invoices, and manage profits and loss by projects/ customer groups, etc.
All transactions recorded in Synergix ERP System are guaranteed to follow Singapore’s Accounting Standards.
Being consistently integrated with other modules, the Synergix Accounting Management can cover the entire organisation’s operations including generating financial statements, and reviewing outstanding payables/ receivables etc.
From Staff scheduling, Biometric app, Timesheet tracking, E-leave management to Staff Appraisal and Training management, Synergix ERP System users can digitise the entire HRM process in an all-in-one HR solution suite with a security control established based on the company’s policy to limit access to sensitive HR information.
With all HR data processed in the ERP System, Payroll can be automatically generated periodically, which conforms to local regulations (MOM, CPF, IR8A), and fully integrated to Finance as well as various online banking system for giro payment to staff, thus, General Ledger entries can be updated without manual data entry.
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