Advantages of Using an All-in-One Platform for SME Accounting and Corporate Services
- Published: 20 May 2025
- 2 min read
- Running a Business
Rodney Wong
Author
Rodney helps customers in Singapore navigate their way through the details and benefits of our products and services, and to see how the application of technology to their needs could be a game changer for their business. A big believer in the power of the written word, he makes tech topics accessible, applicable, but most of all, useful, to encourage entrepreneurs to chase that big idea.
Kelly Yik
Reviewer
Kelly Yik, our Accounting Team Lead based in Singapore, ensures that the team meets quality standards and follows accounting standards (SFRS) while remaining compliant with all the authorities' rules and regulations in Singapore. With six years of experience in Singapore accounting, she knows the ins and outs of financial reporting standards, GST, and corporate tax like nobody's business. Kelly supports our blog writers by carefully reviewing our content, making sure it's accurate, up-to-date, and packed with helpful tips for Singapore businesses. So, you can trust the info you get on our blog is not only interesting but also reliable!
Rasool Beevi
Reviewer
Rasool Beevi, our Assistant Accounting Operations Manager, plays a key role in maintaining seamless financial operations. With in-depth expertise in accounting processes and compliance, she ensures accuracy and efficiency in financial reporting. While our business writers simplify complex accounting topics, Rasool reviews our content to ensure it remains precise, practical, and valuable for business owners looking to manage their finances effectively.
Small and medium-sized enterprises (SMEs) often juggle multiple responsibilities, from managing finances to ensuring compliance with regulatory requirements. Using an all-in-one platform that integrates accounting and corporate services can streamline operations, improve efficiency, and support sustainable growth.
1 Streamlined Operations and Improved Efficiency
An integrated platform brings together essential functions—such as bookkeeping, tax filing, payroll, and corporate secretarial services—into a single ecosystem. This consolidation reduces the need for multiple software tools, minimising duplicated work and manual data entry. With less administrative burden, SMEs can focus on growing their business rather than managing back-office tasks.
2 One Source of Truth for Your Business Records
When all your accounting and corporate services are managed through a single platform, you avoid the confusion of juggling different providers or tools. Osome keeps your financials, filings, and compliance documents organised and accessible in one place, reducing errors and saving time. This clarity helps business owners stay on top of their obligations and make well-informed decisions based on consistently updated records.
3 Better Compliance, Lower Risk
Regulatory compliance is a key concern for SMEs. An all-in-one platform simplifies this by offering automated reminders for deadlines, support with statutory filings, and tools to maintain required records. These features help reduce the risk of errors, missed deadlines, and potential penalties, ensuring that businesses stay on the right side of the law.
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4 Cost-Effective Operations
Managing separate providers or systems for accounting and corporate services can be expensive. A single platform not only eliminates overlapping subscriptions but also cuts down on the time spent switching between tools. By automating routine tasks and reducing reliance on manual processes, businesses save time and money in the long run.
5 Seamless Collaboration and Clarity
Centralised access to accounting and corporate records fosters better communication between internal teams and external advisers. Everyone works from the same data set, leading to greater alignment and fewer miscommunications. This collaboration is especially helpful when scaling the business or navigating complex compliance matters.
Simplify Your Business with Osome’s All-in-One Solution
At Osome, we combine accounting, bookkeeping, tax, and company secretarial services into one digital platform tailored for SMEs. Whether you're just starting out or scaling up, our expert support and smart software help you stay compliant, make informed decisions, and free up time to focus on growing your business. With Osome, everything you need is in one place — clear, simple, and always accessible.
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