PayrollServe PayDay! HRMS System is a pre-approved digital solution under IMDA (Infocomm Media Development Authority).
DIGITAL RESILIENCE BONUS ("DRB")
PayrollServe’s Payday! HRMS is pre-approved by the Infocomm Media Development Authority (“IMDA”) for the Digital Resilience Bonus (“DRB”).
What is the Digital Resilience Bonus?
The Infocomm Media Development Authority’s (“IMDA”) Digital Resilience Bonus or DRB aims to help businesses in the food services and retail sectors that are impacted by challenges arising from COVID-19 to enhance their digital capabilities.
Food services and retail businesses that have PayNow Corporate accounts without suffix, e-invoicing, and use pre-defined categories of digital solutions for Business Processes, Digital Presence and Data Mining and Analytics can receive payouts of up to S$10,000.
There are three categories of digital solutions under the DRB:
- Category 1 ($2,500): All three solutions - Accounting, HR/Payroll and Digital Ordering/Inventory Management (Retail)
- Category 2 ($2,500): Online Food Delivery or e-Procurement/e-Commerce (Retail)
- Category 3 ($5,000): Data mining & analytics
Which category are you eligible with Payday! HRMS?
If your business has a qualified accounting and digital ordering/inventory management system, satisfied the eligibility listed below, and together with our HR/payroll system, your business might receive S$2,500 payout under the DRB.
DRB (Category 1) Eligibility:
- Your UEN falls under Food Services or Retail with Qualified Primary SSIC as of 26 May 2020
- Your UEN is incorporated on or before 26 May 2020
- Your UEN has an active PayNow Corporate account
- Your UEN is using InvoiceNow
- Your UEN is using qualified solutions below for at least a month:
Inland Revenue Authority of Singapore (“IRAS”) API Initiative:
- Enhance digital automation experience
- IRAS-ACRA Combined Seamless Filing Initiative
- Check if businesses are GST-registered
- Submission of GST & corporate tax returns
This Initiative will be rolled out in November 2021 for our eligible products:
- Payday! HRMS
- Payday! SaaS
- Payday! Software
Payday! HRMS Core Modules