Digital payment for businesses saves time, makes accounting easier

Digital payments have sharpened work processes at Off Day Beer Company, said co-founders Kasster Soh (top left), Kevin Ngan and Daryl Yeap (right). The company had been using PayNow Corporate through OCBC Bank since Dec 2019.
Digital payments have sharpened work processes at Off Day Beer Company, said co-founders Kasster Soh (top left), Kevin Ngan and Daryl Yeap (right). The company had been using PayNow Corporate through OCBC Bank since Dec 2019.ST PHOTO: DESMOND FOO

SINGAPORE - Dough fritter company Xi De Li director Adrian Koh used to spend about 20 minutes at each of his customers' stalls around Singapore to collect and count his payment.

He makes about 10 visits a day before bringing the money back to his office in Kaki Bukit where staff from the finance department will spend about six hours of their workday collating the cash brought in and printing out invoices, among other duties.

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