To cope with the social restrictions brought about by the coronavirus, Singaporeans have been turning to apps to order food, connect with others and entertain themselves.
Even before the pandemic, consumer demand for convenience has led to the rise of super apps like WeChat in China and Grab in South-east Asia. By providing multiple services such as transportation, financial services and shopping under one umbrella and sometimes integrating with other app providers, these super apps offer a uniform and typically seamless experience for users.
Now that software solutions can deliver a full suite of cloud-based offerings on one platform to cover the full spectrum of business needs, it is a natural progression for business owners to look to super apps to supercharge their growth. And as businesses focus on how to move more of their commerce online, they can look to e-commerce app partners such as Shopify and BigCommerce.
All these help free up time and energy, so small business owners can focus on more value-added tasks and work more efficiently during these challenging times.Most small business owners are concerned about cash flow during the pandemic. Xero’s digitalised accounting process provides a real-time view of the company’s liquidity status and cash flow movements, so that management can make timely decisions.
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