SME's have been shown to be the most impacted businesses when COVID-19 hit in 2020, specifically those in the hospitality and food industry - a study conducted by the Reserve Bank of Australia (RBA) showed over 60% of businesses surveyed reported more than 50% of a decline in revenue. While cases rise and fall all over the globe, we’ve gathered a few key pointers that can help SMEs navigate these few more months of uncertainty.
The advent and continued impact of COVID-19 have taught us just how invaluable remote work and digitisation is to our businesses.
The fin tech industry continued its growth in 2020 despite the challenges brought about by the pandemic.
Maintaining financial records has always been an inefficient and labour intensive process that’s subject to human error.