OCBC Business App Helps SMEs in F&B Industry Boost Sales and Streamline Operations
A recent article in The Straits Times highlighted how RichFood Catering, a catering company in Singapore, experienced a significant increase in sales after using the OCBC Business app to track their monthly spending, sales, and cash flow. The owner, Nigel Kok, spotted a sudden surge in orders and promptly increased the marketing budget for the popular menu, resulting in a remarkable 25% boost in sales.
The OCBC Business app offers comprehensive insights into the company’s finances, as well as alerts on foreign currency rates and incoming funds, helping SME owners like Mr. Kok make informed business decisions. With its user-friendly interface and real-time data, the app helps SMEs navigate the competitive F&B industry and streamline their operations.