Digital Resilience Bonus for Vend
The Digital Resilience Bonus seeks to uplift the digital capabilities of a broad base of enterprises so that they can adapt to safe management practices after the circuit breaker period. As a pilot, the Bonus will be targeted at the Food Services and Retail sectors. There is a greater urgency for these sectors to digitalise and adapt quickly due to the front-facing nature of their businesses.
EISOL Pte Ltd is listed as a pre-approved solutions vendor in DRB under Retail Sector, Category. https://www.imda.gov.sg/-/media/Imda/Files/Programme/SMEs-Go-Digital/Digital-Resilience-Bonus/Inventory-Management.pdf?la=en
Vend is cloud based retail management systems readily integrate with Cloud based Accounting such as XERO and Quickbook, eCommerce platform such as Shopify, BigCommerce and WooCommerce, CombineSell, Lazada, or Shopee and Vend open API allow Vend to integrate with any third party cloud based application such as HRMS or Data Analytics platform.
EISOL is Vend country partner currently serving 500 retailers in Singapore. We provide end to end services to help client onboard Vend, localised technical support, API custom development, add-on app development (Snapify for Vend, and Reeward).
We are looking to partner with PSG pre-approved accounting firm who familiar with XERO, and HRMS systems. And PSG pre-approved eCommerce vendor who provide solutions such as Shopify, BigCommerce and WooCommerce.
Most stable integration with XERO and Shopify
World Leading Omni-channel Retail management system
Vend design to run on any hardware
Free to trial and Open API accessible by anyone
COVID-19 Relief plan subscription Available!
Omni-channel Retail Model
Compare to tradition retail who only sell in brick-and-mortar (physical shop), online retailers are more resilience during COVID-19 lockdown as their customer still be able to interact with them through online channel. As Singapore businesses slowly open up for business again, social distancing regulation will not go away for some time and retail operation will not be the same as before. Merchant need online to offline technology engage the customers.
Vend give you best-in-class retail management platform (and POS System) for your next upgrade.
Am I Qualify for DRB?
Digital Resilience Bonus is to encourage Singapore business to improve their competitiveness so that they can emerge stronger and be more resilient to the new post-COVD norms. It start by targeting on Retail and F&B sector that is more affected by safe distancing requirements. Retailers who making an efforts to transform are able to receive up to $10,000 bonus when they qualify for the criteria.
SME does not need to submit any application. We as providers with qualified solutions (or supported banks) will submit your UEN to IMDA if you are using the solution between 1 June 2020 and 30 June 2021
Please see below for the qualifying criterias,
PayNow Corporate & PEPPOL e-Invoicing
iii. Inventory Management
iii. Digital Ordering (Dine in/To go)
Online food delivery (via food delivery platforms of own online shopfront) or e-procurement
EISOL Analytic (Available by Aug 2020)
Things that you should take note.
1. Your company UEN must fall under Retail or F&B sectors to qualify first batch of DRB.
2. Your company registration must be before 26 May 2020.
3. You must register PayNow Corporate and PEPPOL E-Invoicing Account if you do not have one now.
4. You must use the 3 qualified and approved solutions from approved vendors for at least once a month.
5. EISOL will submit your UEN number to IMDA if you qualify for above criteria.
6. You must sign the consent form for EISOL to submit your UEN.
7. You must agree and give consents to IMDA appointed auditors to access the premises or systems for auditing purpose.
8. You should purchase the systems only if you genuinely wish to upgrade digital capability and not for the grant only. =)
9. We usually don't but we reserve right to reject SME client's proposal if we deem that it could potentially violate IMDA policies. =)
How do I start with Vend
Vend will give you the best user experience and the best tools for digital transformation. 90% of Vend user given this feedback and have grow from single outlet to multiple outlets over the years. Most of the merchant started to integrate with accounting systems and eCommerce within the first 12 months, something that they cannot achieve in the past due to lacking of technology for this automation. Here's a few simple steps for you to jump start digital transformation with Vend.
No credit card, just some your time. Talk to us to get special offer before end of July!
Signup your Vend trial account at www.vendhq.com
Start making sale with
We are open for partnership
We are leading Vend Expert in Singapore, and we are good at what we do. But as a SME, we are vertically specialise in retail management, food and beverage solution, and cloud integration, we are seeking expert in cloud accounting solutions, specifically XERO, HR Management Systems.
If you are currently PSG pre-approved vendors or have pre-approved solutions listed,
We would like to refer our clients that looking for your solutions. We are happy to assists your client who need cloud based inventory management systems that qualified for DRB too.