Technology, media & telecommunications

Today’s hypercompetitive business environment is largely driven by the adoption of disruptive technologies. Innovative businesses are able to experience a meteoric rise to prominence. This has also created a phenomenon where many start-ups have sprung up in recent years, spurring innovation further. On the other hand, traditional businesses that do not leverage on technology or are slow to adapt are at risk of being adversely affected by these disruptions. 


While you focus your efforts and attention on growing your business and overcoming the challenges posed by technical disruptions, we help you take care of all your other important support functions.  

Analytics and Technology: How can SMEs Benefit?

A joint study by RSM, SIT and ISCA conducted prior to COVID-19 reported the low adoption rate of analytics and technology among Singapore SMEs. However, when COVID-19 struck, it catalysed a wave of digital transformation among many organisations. It is not hard to see why.

The Future of ESG Reporting and Assurance

Amidst the growing emphasis on good sustainability practices and the desire for greater transparency by the public, particularly those from the younger generation, Environmental, Social and Governance (“ESG”) reporting and assurance are likely to become  commonplace.  

How Budget 2021 Can Support Your Technology Needs

In his Budget 2021 speech, Deputy Prime Minister and Finance Minister Mr. Heng Swee Keat announced the COVID-19 Resilience Package that sets out to safeguard public health and support businesses, especially sectors that are badly hit.­­­

Leverage Analytics to Enhance Processes and Insights with Emerging Technologies

RSM Singapore conducted a workshop, from 19 to 20 November 2020, for members of CPA Australia on the use of analytics and technology for finance function. This hands-on workshop provided participants with a first-hand overview of the potential of analytics and technology in enhancing their business processes.

Majority of SMEs Yet to Adopt Data Analytics Despite the Push for Digital Transformation

A research that was jointly undertaken by RSM Singapore, Singapore Institute of Technology (“SIT”) and the Institute of Singapore Chartered Accountants (“ISCA”) found that 69 per cent of small and medium-sized enterprises (“SMEs”) have yet to adopt data analytics.

Post-COVID-19 Technology Strategy

On 9 June 2020, Hoi Wai Khin, Director, and Riven Ooi, Manager, of RSM, shared measures to minimise risks when operating from cloud and adopting technology. This Webinar was jointly organised by RSM Singapore and the Information Systems Audit and Control Association (“ISACA”).

COVID-19 – The Unexpected Driver of Digital Transformation

The COVID-19 pandemic has caused unprecedented impact on businesses and nations around the world. In order to minimise human interactions and reduce further spread of the virus, many countries have shut their borders, locked down, and imposed closure of work-places for non-essential services.

2019 Annual Information Technology Industry Spotlight

“In 2020, we see more and more investors performing cyber due diligence to incorporate potential risk exposure into the overall deal valuation.” - Nishi Shah, Director, Cybersecurity Due Diligence, RSM 

Technology Risks: How to Protect Your Business

Over the past decade, the wave of digital transformation has swept across many organisations as they embark on adopting advanced technologies to streamline their business processes for productivity.

How Technology Firms can Benefit from Budget 2020

With the current COVID-19 outbreak and its impact on businesses, Budget 2020 supports companies, workers and households with an immediate release of a $5.6 billion package to help them tide over this difficult time.

The search for technology talents

Many organisations are starting to leverage technology to digitally transform their business processes for enhanced operational efficiency.  The surge in data and analytical capabilities have also encouraged businesses to make informed decisions through data analysis rather than intuition. 

Building digitally-savvy SMEs

Becoming digitally savvy is not a difficult process, and the benefits are aplenty. The Singapore government has paved the path to digitisation for the nation through the smart nation initiative, and we have already reached the stage whereby robots are deployed to perform mundane tasks such as bank reconciliation and three-way matching.

Practical accounting challenges technology start-ups face

Technology firms are among the fastest growing companies in Singapore in recent years. This, in part, is due to the pace of technological innovations and disruptions across nearly every industry.

How intelligent process automation enhances the finance function

While Robotic Process Automation has been widely adopted by many businesses and delivered significant benefits, its evolved cousin, Intelligent Process Automation, has the potential to enhance business outcomes further.

RPA bot–our new ally

Financial leaders congregated in the evening of 30 July 2019 at ISCA to find out how RPA can help streamline their work processes. This event was jointly organised by RSM and ISCA. 

Four key applications of natural language processing for audit transformation

While we have yet to achieve truly human-like artificial intelligence, we are already seeing important breakthroughs in natural language processing. How can the audit profession leverage these for its own transformation?

Benefits and considerations of cloud accounting

Disruptive technologies have changed the game for various industries and accounting is no exception. As businesses take accounting to the cloud, a fresh approach is required for the age-old practice of bookkeeping.

How Budget 2019 can help technology companies thrive

Building on the themes laid out in the previous years’ Budgets, Finance Minister, Mr Heng Swee Keat, delivered the Singapore Government’s Budget for 2019 on 18 February 2019. Technology continues to be a key theme in strengthening Singapore’s economic competitiveness, increasing Singapore businesses’ productivity and enhancing Singaporeans’ lives.

Phishing awareness: recognising, addressing and avoiding threats

Phishing is one of the most common and most successful forms of cyberattack: e-mails designed to trick users into providing valuable information (such as login credentials) or running malicious code that compromises their workstation. Unlike other attacks, phishing does not rely on technical vulnerabilities or security misconfigurations to be effective.

Committee of Inquiry report highlights cybersecurity implications for businesses

On 10 January 2019, the Committee of Inquiry (COI) released its report on the cyberattack on SingHealth last year that resulted in the theft of 1.5 million patients' personal particulars. Any of the five key findings of the COI report might be an issue for companies in any industry.

Wake-up call after SingHealth cyber breach

The recent major cyberattack on SingHealth’s database that resulted in the theft of some 1.5 million patients’ personal particulars is another wake-up call for organisations to be vigilant for cyber risks. The repercussions may be more serious than you think. SingHealth sent out the following two short messages to victims of the cyberattack:

Blockchain: The technology too powerful to ignore

Truly taking advantage of blockchain not only requires businesses to adapt existing business models, but to reimagine them from scratch.

An insider perspective on blockchain by Zilliqa

RSM interviewed Zilliqa's CEO and Head of Business Development who shared their insights on the topic of blockchain.

4 deadly cybersecurity risks that threaten businesses

The cybersecurity landscape has been continuously evolving. All businesses, regardless of their size, need to be prepared in advance or face the unpleasant surprise of a security breach.

Five ways that data analytics can help SMEs in Singapore

Data, analytics, and insights. As social, mobile and cloud technologies become more prevalent, these words are thrown around a lot, but are these processes valuable only for big businesses or can small and medium-sized enterprises (SMEs) benefit as well?

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