SINGAPORE – Media OutReach – 23 May 2016 – SME100™ Awards for Fast Moving Companies Singapore Chapter announces its strategic partnerships with Nexia TS and Dun & Bradstreet Pte Ltd, Singapore Commercial Credit Bureau in order to capably identify this year’s best performing SMEs in each participating industry grouping. With the partnerships, Nexia TS plays an important role as the Official Auditor of the Award. Dun & Bradstreet Pte Ltd, Singapore Commercial Credit Bureau on the other hand, acts as the Credit Bureau of the Award.
In order to streamline the awards process and judging benchmarks, SME100™ Awards for Fast Moving Companies Singapore Chapter has taken this heedful action in delivering the best outcome. The Awards is solely based on The SME100™ Framework (The Proprietary System) which benchmarks the nominees with 60% Quantitative and 40% Qualitative criteria to determine the winners and their rankings within the list.
SME100™ Awards for Fast Moving Companies is the premier regional awards for small and medium-sized enterprises (SMEs). The Awards identify and recognise SMEs based on a basket of quantitative and qualitative criteria with a focus on growth (turnover, profit and market share) and resilience (best practices, sustainability and vision). Award recipients will also be featured in a Special Edition of the SME magazine and other supporting publications as well as participated in other programmes under the SME100™ Framework.
Nexia TS is recognised as an established mid-tier local accounting firm. It has grown significantly in size over the years. Being an independent member firm of Nexia International, it is affiliated to accounting firms in many parts of the world. Nexia TS’s reputation for quality has been recognised by clients and accounting professionals. As testimony to this, it is among the first few local accounting firms to be accredited by the Institute of Chartered Accountants in Australia to provide supervision of professionals undergoing traineeship to qualify as Chartered Accountants.
Dun & Bradstreet (Singapore) Pte Ltd, Singapore Commercial Credit Bureau grows the most valuable relationships in business by uncovering truth and meaning from data. Its platform’s foundation is the world’s largest commercial database, with over 240 million company records we derive from 30,000 data sources and update five million times per day. They integrate this insight into core systems, workflows and cloud-based apps in ways that enhance impact, and it also integrate with existing data and third-party data sources.
About SME Magazine
SME Magazine is Southeast Asia and Singapore’s leading magazine for SMEs. Since 2007, SME Magazine has helped small and medium enterprises and business owners to better understand key issues affecting businesses today. Read by over 100,000 business owners and entrepreneurs across Asia every month, SME Magazine is also distributed to major government departments, senior government leaders and business captains as a major source of reference on issues and news affecting SMEs.
About Business Media International
Business Media International (BMI) is one of Asia’s leading business-to-business publishers. As owners of some of the region’s largest B2B media and events properties, BMI is uniquely positioned to offer business owners and senior business executives with up-to-date business intelligence across the region.