ERP Software Singapore — Cloud ERP for Indian Businesses in Singapore 2026

ERP Software Singapore — Multi-Entity Cloud ERP for Indian Businesses 2026

Indian IT companies, fintech startups, and consulting firms with Singapore entities need ERP software that bridges two regulatory environments: Singapore's ACRA, IRAS, and MAS requirements, and India's GST, Companies Act, and FEMA obligations. A single consolidated ERP reduces duplication, enables group consolidation, and ensures compliance in both jurisdictions. MICS provides cloud ERP tailored for Indian businesses operating across India and Singapore.

Why Indian Businesses in Singapore Need Specialised ERP

Common ERP gaps for India-Singapore businesses:

• India GST and Singapore GST running on separate, disconnected systems
• Intercompany transactions (management fees, royalties, shared services) not tracked end-to-end
• Singapore payroll (CPF, SDL) manually calculated outside the main ERP
• Transfer pricing documentation requires manual data extraction from multiple systems
• Group consolidation in INR and SGD requires manual currency translation

Singapore ERP Modules

Singapore Financial Accounting

• Chart of accounts: Singapore FRS (Financial Reporting Standards) compliant
• Multi-currency: SGD primary with USD, INR, EUR transaction capability
• Bank reconciliation: DBS, OCBC, UOB bank statement reconciliation
• GST module: Singapore GST 9%, zero-rated, exempt supply management
• GST F5 return: automated quarterly GST return preparation
• Accounts payable: vendor payment via GIRO and PayNow Singapore
• Accounts receivable: sales invoice, credit note, collection tracking

Singapore Payroll Integration

• CPF calculation: automatic employer and employee CPF by age and pass type
• SDL: Skills Development Levy monthly computation
• IR8A: annual income declaration automated report
• Leave management: Employment Act compliant leave tracking
• MOM itemised payslip: auto-generated monthly payslip

Singapore Project and Revenue Management

• Project accounting: time and material tracking for Singapore IT delivery projects
• Revenue recognition: SFRS 15 / IFRS 15 compliant revenue recognition
• Client billing: multi-currency invoice generation in SGD and USD
• Contract management: fixed price and retainer contract tracking

India Parent Entity ERP Modules

India Financial Accounting

• Tally integration or native India accounting: India GST-compliant books
• GSTR-1, GSTR-3B: automated return filing
• e-Invoice: IRN generation for B2B invoices above Rs. 5 crore threshold
• TDS: Tax Deducted at Source — section-wise TDS on vendor payments
• Accounts payable: vendor payment via NEFT, RTGS, IMPS

India Payroll

• EPFO: provident fund contribution and ECR filing
• ESIC: health insurance for India employees
• Professional Tax: state-specific PT compliance for India offices (Mumbai, Bengaluru etc.)
• Income Tax (India): Form 16, 12BB, IT return support

Group Consolidation and Intercompany

• Intercompany elimination: management fees, recharges, dividends between India and Singapore
• Currency translation: SGD to INR consolidation using RBI exchange rates
• Transfer pricing: intercompany transaction report for TP documentation
• Group P&L and Balance Sheet: consolidated financial statements
• FEMA ODI: Annual Performance Report (APR) data extraction for RBI filing

Integration and Cloud Architecture

• Cloud hosting: AWS Singapore region for low-latency Singapore access
• Mobile access: iOS and Android apps for Singapore and India teams
• API: integration with Singapore banking (DBS API), India banking (HDFC, ICICI API)
• Document management: invoice, contract, KYC document storage
• Role-based access: Singapore team sees Singapore modules, India team sees India modules

Pricing

• Singapore entity ERP: SGD 800–3,000/month (Rs. 50,000–1,90,000)
• India entity ERP: Rs. 8,000–20,000/month
• Combined India + Singapore: SGD 1,200–4,000/month
• Implementation: SGD 5,000–20,000 one-time
• Training: SGD 1,000–3,000 one-time

Free India-Singapore ERP demo: +91 9355273535 | admin@mics.asia