Balances by currency, AR/AP due, FX plan, and exceptions.
Maintain a one-page dashboard:
| Widget | Source | Owner | Frequency |
|---|---|---|---|
| Bank balances (SGD/USD/EUR) | Bank export/API | Finance lead | Daily |
| AR aging (0–30 / 31–60 / 60+) | Accounting | AR clerk | Twice weekly |
| AP due (this/next week) | Payables tracker | Ops | Twice weekly |
| FX plan (this week) | Treasury sheet | Director | Weekly |
| Exceptions (failed/unmatched) | Alerts inbox | Ops | Daily |
Use it to trigger batch conversions, payment runs, and exception clean-ups..
Optional: Copy-ready cost model table
| Line | Qty/Month | Unit/Rate | Est. Monthly (SGD) |
|---|---|---|---|
| FAST (beyond quota) | 40 | 0.50 | 20.00 |
| PayNow credits (beyond quota) | 60 | 0.30 | 18.00 |
| International outbound wires | 8 | 15.00 | 120.00 |
| FX conversions | 150,000 | 0.35% | 525.00 |
| Fall-below fee | 1 | 18.00 | 18.00 |
| Total | 701.00 |
Related FAQs
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What metrics should finance track weekly to stay ahead?
Balances by currency, AR/AP due, FX plan, and exceptions.
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What internal controls should every SME enable?
Enable maker-checker approvals for payments ≥ SGD 5,000, set per-user limits, and maintain a vendor whitelist (approved UENs/IBANs only). Use device binding + biometrics for approvers and turn on dual-channel alerts. Ru
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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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