Payment Bureau Singapore (PBS)
Monitor your business partners’ payment activities
Obtain timely information on the payment behaviour and trends of your commercial accounts through the complimentary Payment Bureau Singapore portal. Through this platform, monitor your liquidity and manage the credit-worthiness of your business seamlessly, to help you to mitigate risks and improve your cashflow. Contact us to find out more on how you can gain free, exclusive access to the portal.
How it Works
Suppliers’ contributions will be channelled
to a staging area
Information will be processed into a consistent format before deployment
Processed data to be made available to users through the dashboard
Benchmark performance and protect against business failure
Beyond helping your business to benchmark aging performance against the general industry, PBS monitors and notify you of errant payment activities to enable quick response. It is a free essential tool that not only supports risk management, but serves as leverage during a negotiation.
By comparing your business against industrial norms during negotiations, you can leverage for advantageous terms (such as better credit terms) to improve your cash flow and financial position.