1Set per-user limits and communicate preferred pay hours.
Banks impose per-transaction and daily caps per user/role. Nightly maintenance windows may occur; advise customers to pay before 5pm SGT for same-day operations. For internal controls, set maker-checker over a threshold (e.g., SGD 5,000).
limits, cut off time, maintenance windows
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What metrics should finance track weekly to stay ahead?
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What internal controls should every SME enable?
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What’s the simplest reconciliation rule set that actually works?
Uppercase and trim references, extract INV-\d+ to map to invoices, match exact amounts, and mark auto-cleared lines. Send mismatches to a review tab and resolve twice weekly. Export daily CSV/API statements to reduce lag.
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About the Author
Helen Lili – Editor, Research Lead
Helen leads tariff analysis and product change tracking. She maintains the normalized dataset that powers our comparison tables and ensures each claim links back to a dated primary source.
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