Singapore companies tend to be international from the first day: trading in several currencies, invoicing across the region and often acting as headquarters for subsidiaries in neighbouring countries. Odoo's multi company and multi currency design fits that pattern well, and its cost is attractive for the mid sized firms that make up much of the Singapore economy.
What Singapore companies should know about Odoo
The Singapore localisation provides the chart of accounts and GST configuration, and Odoo supports electronic invoicing over the Peppol network, which underpins Singapore's InvoiceNow initiative. Regional subsidiaries in Malaysia, Indonesia, Thailand, Vietnam and elsewhere can run in the same database with their own localisation, currency and reporting, consolidated at the Singapore parent.
Trading companies in Singapore often have complex landed cost, bonded warehouse and drop shipping requirements. These are areas where the configuration matters and where we spend time in discovery.
How we work in Singapore
We deliver remotely in Singapore working hours, with the ability to cover the working day of subsidiaries in other Asian time zones. Contracts can be in Singapore dollars or another currency. Where a site visit helps, for instance a warehouse go live, we arrange it.
If you are evaluating Odoo for a Singapore company or a regional group, the first consultation is free.