SINGAPORE -- 12 September 2018 - A survey by Xero, the global small business platform (ranked No. 1 by Forbes as the World's Most Innovative Growth Company for two years running), revealed that most SMEs face cashflow problems. 

 

The three causes attributed to the problems are the lack of accounting knowledge, unable to collect payment and not using the latest technologies.

 

Xero, the title sponsor of the Accounting and Finance Show, will also give a keynote address on "Small businesses run the World".   The Show will highlight the latest accountancy practices, technology and solutions presented by experts, advisors and consultants at the Suntec Convention Centre from 16 to 17 October 2018. 

 

The Show is organised with support from Infocomm media Development Authority (IMDA), Singapore Accountancy Commission (SAC) and Workforce Singapore (WSG). 

 

SAC's keynote address at the Show will be on "Digital Transformation for Accountancy".  IMDA will touch on "E-invoicing Initiative" while WSG will speak on "Transform and Grow for Employers".

 

Ms Sharon Roessen, Managing Director of Terrapinn, the event organiser, said: "Xero will be demonstrating its solution which is an easy-to-use online platform for small businesses at the Show.    Besides Xero, there will be over 150 seminars and 70 exhibitors showcasing the latest technology solutions for accountants in business and in practice at this free to attend conference and exhibition."

 

The two-day Show will feature prominent speakers from the industry.  Some of the topics to be discussed at the Show include "Managing Risks and Enabling growth in the Age of Digital Innovation", "Using Machine Learning to automate financial budgeting and forecasting process", "Worldwide Trends in Accounting Technology" etc. 

 

All-in, the two-day Show will have 150 presentations from local finance experts.  There will be live demonstrations where buyers can fully assess solutions in just two days.  Some 2,000 attendees from SMEs and accountancy practices in Singapore and the region are expected to attend the Show.  The conference programme consists of six theatres, each featuring 24 twenty minute presentations across two days on:-

 

Digital Innovation

Money in Money out

Accounting for Business and Bookkeeping

Practice Management

Business in the Cloud

Future Finance

 

The conference programme will also feature speakers from other sponsors such as Maybank, Oracle Netsuite, Zoho Corporation, Autocount, Bottomline Technologies, CPA Australia, Sage, Xriba and more!  Running alongside the conference is a 2-day exhibition showcasing the latest technology-based products, solutions and services for the accounting & finance sector. (mor/*).