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Receive up to 50% Productivity Solutions Grant (PSG) when you choose OpensoftHR.
SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of OpensoftHR Payroll and HRMS Software, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.
Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses on qualifying costs.
What is included?
Opensoft HRMS (also known as OpensoftHR) is a comprehensive package of 8 software that empower companies to automate their key human resource processes:
What is Productivity Solutions Grant?
Productivity Solutions Grant (PSG) is a funding scheme to help Singapore companies adopt IT solutions to improve their business processes. For businesses looking to digitalise HR operations, PSG support can make it easier to implement approved systems for areas such as payroll, leave, claims, attendance, and employee records.
However, not every IT solution in the market qualifies for the grant. The supportable solutions must be pre-qualified by the various government agencies, meet stringent requirements, specifications and scopes before being approved for PSG grant.
OpensoftHR is a pre-approved solution under the HR Management System category, allowing eligible Singapore companies to consider PSG support when adopting the system.
Note: The annual PSG grant cap is S$30,000 per company per year, from 1 April to 31 March.
How PSG-Eligible HR Software Improves HR Productivity
| HR Process | Common Manual Challenge | How OpensoftHR Improves Productivity |
|---|---|---|
| Payroll Processing | HR teams need to calculate salaries, CPF, deductions, and payslips manually. | Automates payroll calculations and generates itemised payslips more efficiently. |
| Leave Management | Employees submit leave through messages, forms, or manual requests. | Allows employees to apply for leave online with digital approval workflows. |
| Feature | Common Pain Point | How OpensoftHR Helps |
|---|---|---|
| Cloud and mobile ESS access | Employees depend on HR for payslips, leave status, claims updates, and personal record changes. | Employees can access HR information, submit requests, and update details through the ESS portal from mobile, tablet, or laptop. |
| Payroll and itemised payslips | Manual payroll queries and payslip requests can take up HR’s time. | Employees can view digital itemised payslips, while payroll information remains better organised within the HRMS. |
| Leave and claims management | HR teams may spend too much time tracking leave balances, approvals, and reimbursement requests manually. | Employees can apply for leave, submit claims, check approval status, and track updates through the system. |
| Time attendance tracking | Attendance records can be difficult to monitor when employees work across different locations or schedules. | Staff can clock in and out through the mobile T&A app, with attendance date and time stamps recorded in the HRMS. |
| Performance appraisal module | Managers may lack a clear way to monitor KPI progress and employee achievements in real time. | Companies can set KPIs, track appraisal progress, and give employees visibility over their targets and performance updates. |
| Employee communication | Company updates may be missed when announcements are scattered across emails or chat groups. | Employees can view the latest announcements from the dashboard whenever they log in. |
| HR productivity and retention support | Repetitive admin work can reduce HR’s time for employee engagement and performance support. | By centralising routine HR tasks, OpensoftHR helps HR teams spend less time on manual follow-ups and more time supporting workforce planning, communication, and employee experience. |
PSG Grant Eligibility
To be eligible for the PSG grant, the company must meet the following criteria:
* Business entity is registered and operating in Singapore.
* Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore Permanent Resident(s), determined by the ultimate individual ownership.
* Group annual sales turnover does not exceed S$100 million, or group employment size does not exceed 200 employees.
* IT solutions or equipment that are purchased, leased, or subscribed to must be used in Singapore. Companies may refer to the official FAQ page for more details on supportability.
* Grant applicant must not have made payment, deposits, or any financial commitment to a supplier, vendor, or third party for the purchase, lease, or subscription of the IT solution or equipment before submitting the application.
* Company must not fall under excluded categories. Charities, Institutions of a Public Character (IPCs), religious entities, Voluntary Welfare Organisations (VWOs), government agencies and subsidiaries, and societies are not eligible for this grant.
Note: Employers eligible for the SkillsFuture Enterprise Credit may qualify for additional subsidies under the scheme.
Are you eligible for SFEC?
To qualify for SFEC, companies must meet the following criteria:
Have contributed at least S$750 Skills Development Levy over the period*
Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period*
Have not been qualified at any of the earlier periods*
Eligibility criteria for SFEC are reviewed periodically by Enterprise Singapore.
Check the latest SFEC qualifying criteria.
How to Apply for the Productivity Solutions Grant with OpensoftHR
1
Step 1 — Check Your Eligibility
Confirm that your business meets the PSG criteria, including Singapore registration, at least 30% local ownership, and the applicable revenue or employee limits.
2
Step 2 — Get a Quote from OpensoftHR
Contact us for a quotation covering the eligible HR solution and subscription period. Do not make any payment or deposit before submitting your grant application.
3
Step 3 — Submit Your PSG Application
Log in to the Business Grants Portal with CorpPass, select the Productivity Solutions Grant, and upload the required company details and quotation.
4
Step 4 — Accept, Implement, and Claim
After approval, accept the Letter of Offer before purchasing and implementing OpensoftHR. Once the solution is deployed and paid for, submit your claim with the required documents through the portal.
Need a Demo?
Contact us for a demo or if you have any questions regarding the pre-approved PSG grant.
FAQ
HR systems fulfill two main functions. They help you manage and automate the admin side of the business – like managing time off, storing your team’s personal data securely & onboarding new members to the team. HR software should also help make work better for your team – this could be through providing perks, giving them the chance to give you feedback or by allowing you to run a structured performance review process.
For the Starter package, it will be a monthly/annual subscription fee and you can pay via credit card or debit card through a payment gateway that we will be launching soon. In the meantime, you can contact us if you want to proceed to use the Starter package.
For the Enterprise package, please contact us via the enquiry page for our consultant to reach out to you and have a better understanding of your business. This will facilitate our recommendation of application modules that are most suited for your business. We will then prepare a quotation for your approval.
We safeguard your information from the moment you sign up. Refer to our privacy policy and terms of service for more information.
Email us at sales@opensofthr.com, and we’ll contact you shortly.
We have a Customer Service Portal filled with ‘How-to’ articles and guides for Singapore and Malaysia users. In addition, you can reach out to us through the chat button (on the bottom right).
The Productivity Solutions Grant (PSG) helps eligible Singapore companies adopt pre-approved IT solutions and equipment to improve productivity. Businesses may use PSG support for approved HR software, including HRMS solutions, if the system falls under the relevant pre-approved category and the company meets the grant eligibility criteria.
The annual PSG grant cap is S$30,000 per company per year, from 1 April to 31 March. Applications should be submitted before making payment, deposits, or financial commitments to the vendor. Companies can apply via the Business Grants Portal after confirming their eligibility and selecting a supportable solution.
WHAT CUSTOMERS SAY
More than 2000 customers put their trust in Opensoft. Here is what they have to say about us.
Great On-Site Support
Through recommendation, we purchased from Opensoft. We are very comfortable with the services provided by their staff. Their IT specialists implemented our system smoothly, in accordance to our users' requirements. They are very approachable, committed and dedicated in their work.
Eliminate Redundant Tasks
OpensoftHR has enabled me to minimize time spent on Paperwork and eliminate redundant Data Entry & Processes. The solution is user friendly, easy to learn and manage as a first-time user. We are satisfied with the services received from the support team, who are dedicated to successful implementation of OpensoftHR applications in my company's HR operations.
Built in with Comprehensive Tools
OpensoftHR applications are built in with comprehensive functions to suit my company's HR policy requirements. With a well designed platform interface that is Intuitive, simple and effective to use, I am able to Complete HR Tasks such as Salary payouts efficiently on time and with minimal errors.
Ease of Compliance
We love the team from OpensoftHR who are knowledgeable on their product and able to solve problems quickly and effectively. Most importantly, their frequent updates to incorporate the latest MOM/IRAS Regulations helps ensure we are compliant at all times!
Fully functional HR Platform
OpensoftHR is a super sleek, user-friendly platform that is ideal for organizing and streamlining HR data! We’ve been using it primarily to do payroll, e-Leave, time attendance, and it’s proven to be an extremely effective tool. There are way more HR functions to take advantage of as well. The Opensoft team has gone above and beyond in their customer service, providing us with user guides, tutorials, and endless help every step of the way.
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