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. 

HOW WE CAN HELP

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.  

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.

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