According to reports out this week, SMEs are still struggling with the ongoing manpower shortage and an increase in employee salaries and rents, while they also suffer declining profits. The results from an annual SME survey conducted by the Singapore Chinese Chamber of Commerce & Industry (SCCCI) indicate that 83% of the 645 companies surveyed…
This post was previously published on 6 September 2013. For more up to date information on the PIC scheme and other budget initiatives, please refer to our most recent blog post on Singapore Budget updates, with the latest available information from IRAS. For the full details, visit the IRAS PIC site. The question should be…
No one likes a drama, especially in business. Your operation needs to run smoothly, quickly and underpin your profits; otherwise why are you in business? SAP HANA promises drama; but only the best. The best way to curate your data, the best way to gain accurate insights into your organisation, the best kind of analytics…
Picture this. A company starts out small, possibly with even fewer than 10 employees. At this stage, the operations of a business keep everyone busy, getting products out to the market is key to sustaining the growth. Functions such as finance, sales and marketing and human resources might be handled by the same person or…
When your organisation has made the decision to invest in an ERP, you might wonder how your industry-specific processes will be managed in the future. You may also have concerns about the intricate details of your business operations and how things might change when you switch to a new platform. Working with Blue Ocean Systems…
Running a small or medium sized enterprise (SME) brings with it plenty of challenges, particularly through turbulent economic times. New products, special offers and promises of business growth all provide tempting quick fixes to stay ahead of the competition. Add to that the expectations from customers for reduced costs, improved service and increased product choice…
The team at Blue Ocean Systems works closely with clients throughout the entire SAP Business One implementation cycle; from pre-sales to post implementation support. During this time, several reccurring questions arise from staff from various levels within small and medium sized enterprises. In this week’s blog, we set out to answer some of these insightful…
Blue Ocean Systems comprises a global partner network to provide specialised and customised enterprise solutions to small and medium sized companies. We do this in conjunction with our unique partner ecosystem of industry specialists around the world. In this series of blogs, we introduce you to some of our partners and the ways in which…