{"id":1309,"date":"2022-07-25T17:09:06","date_gmt":"2022-07-25T09:09:06","guid":{"rendered":"https:\/\/www.sgebiz.com\/resource\/blog\/?p=1309"},"modified":"2022-12-02T11:09:47","modified_gmt":"2022-12-02T03:09:47","slug":"sgebiz-booth-at-the-recent-speciality-fine-food-asia-2022","status":"publish","type":"post","link":"https:\/\/www.sgebiz.com\/resource\/blog\/sgebiz-booth-at-the-recent-speciality-fine-food-asia-2022\/","title":{"rendered":"SGeBIZ Booth Flocked by Over 300 F&#038;B Businesses at Speciality &#038; Fine Food Asia 2022"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-1305 \" src=\"https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/WhatsApp-Image-2022-07-25-at-4.35.24-PM.jpeg\" alt=\"\" width=\"518\" height=\"546\" srcset=\"https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/WhatsApp-Image-2022-07-25-at-4.35.24-PM.jpeg 1518w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/WhatsApp-Image-2022-07-25-at-4.35.24-PM-285x300.jpeg 285w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/WhatsApp-Image-2022-07-25-at-4.35.24-PM-972x1024.jpeg 972w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/WhatsApp-Image-2022-07-25-at-4.35.24-PM-142x150.jpeg 142w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/WhatsApp-Image-2022-07-25-at-4.35.24-PM-768x809.jpeg 768w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/WhatsApp-Image-2022-07-25-at-4.35.24-PM-1457x1536.jpeg 1457w\" sizes=\"(max-width: 518px) 100vw, 518px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As businesses flock to connect and network at in-person events in Singapore this year, Singapore E-Business (SGeBIZ) has also been quick to jump on the bandwagon.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Between 22<\/span><span style=\"font-weight: 400;\">nd<\/span><span style=\"font-weight: 400;\"> to 24<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> June, the company participated in the Speciality and Fine Food Asia trade show held at Suntec City Exhibition and Convention Centre.<\/span><\/p>\n<h2><b>Strong Support<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Drawing in<\/span><a href=\"https:\/\/speciality-asia.com\/2022\/06\/29\/speciality-fine-food-asia-and-its-four-co-located-fb-industry-shows-open-their-doors-in-singapore-2\/\"> <span style=\"font-weight: 400;\">more than 7,300 attendees<\/span><\/a><span style=\"font-weight: 400;\"> from 47 countries and an unprecedented 188 exhibitors from 16 countries, Speciality and Fine Food Asia offered a strong forum for SGeBIZ to interact with leading domestic and international food and beverage companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SGeBIZ received over 300 visitors to its booth across the entire duration of Speciality and Fine Food Asia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The event was also<\/span><a href=\"https:\/\/speciality-asia.com\/2022\/05\/23\/speciality-fine-food-asia-unveils-5-in-1-trade-show-for-the-fb-industry-this-june\/\"> <span style=\"font-weight: 400;\">endorsed by<\/span><\/a><span style=\"font-weight: 400;\"> key industry organisations including the Singapore Food Manufacturers Association, the Singapore Manufacturing Federation, and the Singapore Tourism Board, among others.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This year\u2019s edition also marks the first time that the event was co-located with four other trade shows, including, Restaurant, Pub &amp; Bar Asia, Speciality Coffee and Tea Asia, Meat &amp; Poultry Asia, and Food2Go.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over the entire event, the company attracted strong interest in its leading-edge solutions such as EzyPayment and EzyProcure from leading food and beverage players like Hard Rock Caf\u00e9, Tipsy Collective, and Caf\u00e9 Amazon International.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SGeBIZ also rubbed shoulders with 18 of their existing customers who were also exhibiting at the event. Their mutual presence at this world-class trade show to exhibit our platform enhances our reputation as a trusted partner for business owners looking to digitise their sourcing, procurement, and payment processes.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1302 \" src=\"https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/IMG-20220623-WA0019.jpg\" alt=\"\" width=\"796\" height=\"448\" \/><\/p>\n<h2><b>Meeting the Needs of F&amp;B Businesses<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Speciality and Fine Food Asia isn\u2019t SGeBIZ\u2019s first brush with F&amp;B businesses. To date, the company\u2019s EzyPayment and EzyProcure solutions count more than 3,500 satisfied customers, including casual dining chain EighteenChefs, French restaurant Merci Marcel, and Korean barbeque franchise Seoul Garden.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What makes their solutions so appealing to F&amp;B players?<\/span><\/p>\n<h2><b>EzyProcure \u2013 An All-in-One Procurement Platform<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">From order creation and acknowledgement of receipt of goods to generating invoices and reconciliation between F&amp;B outlets, central kitchens and their suppliers &#8211; SGeBIZ does it all.<\/span> <span style=\"font-weight: 400;\">Their platform saves F&amp;B businesses up to 70% of their time and cost on daily procurement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This fully digital process extends to invoicing on a nationwide e-invoicing network, InvoiceNow, as the platform will enable businesses large and small to send their invoices electronically through the network and get paid for their services and products more promptly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EzyProcure allows F&amp;B businesses to receive real-time notifications on price changes and order fulfilment status from their suppliers. EzyProcure, combined with inventory and a recipe-management solution, also helps track food costs and store inventory, thereby minimising food wastage for F&amp;B businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EzyProcure is a pre-approved vendor under IMDA\u2019s Go Digital Productivity Solutions Grant Program, allowing eligible F&amp;B businesses to enjoy up to 80% grant subsidy.<\/span><\/p>\n<h2><b>EzyPayment &#8211; All Your Business Payments in One Place<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">On the other hand, EzyPayment allows F&amp;B businesses to enjoy extended credit on their existing credit cards and maximise cash flow for their business operations. As interest rates and labour costs continue to surge in Singapore, F&amp;B margins are increasingly being squeezed further. EzyPayment allows F&amp;B businesses the additional breathing space with up to 60 days of interest-free credit when they pay with their credit cards through the platform while suppliers receive payments within a short 2 &#8211; 5 days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SGeBIZ also offers eGIRO as a solution to suppliers to collect money from their buyers as and when the invoices become due. This is a great tool for those suppliers who prefer supplying on cash on delivery (COD) basis.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EzyPayment\u2019s seamless integration with backend enterprise resource planning and accounting platforms also helps F&amp;B businesses better manage their accounting and finances.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1303 \" src=\"https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/IMG-20220624-WA0033.jpg\" alt=\"\" width=\"756\" height=\"567\" srcset=\"https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/IMG-20220624-WA0033.jpg 1455w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/IMG-20220624-WA0033-300x225.jpg 300w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/IMG-20220624-WA0033-1024x768.jpg 1024w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/IMG-20220624-WA0033-150x112.jpg 150w, https:\/\/www.sgebiz.com\/resource\/blog\/wp-content\/uploads\/2022\/07\/IMG-20220624-WA0033-768x576.jpg 768w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/p>\n<h2><b>Riding High With MICE<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Speciality and Fine Food Asia is one out of more than 150 events attended by over 37,000 delegates in just the first quarter of 2022. According to the Singapore Tourism Board, at least 66 more international events have already been secured for the rest of 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s already three-quarters of last year\u2019s figures \u2013 and a strong sign that Singapore\u2019s Meetings, Incentives, Conventions, and Exhibitions (MICE) industry is surging ahead with a speedy recovery.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As more opportunities to connect with businesses worldwide in Singapore arise, SGeBIZ\u2019s suite of procure-to-pay solutions can address the needs of companies across more industries and is confident it\u2019ll draw many more in other in-person events to come.<\/span><\/p>\n<p><a href=\"https:\/\/www.sgebiz.com\/request-demo\/?utm_source=blog&amp;utm_medium=sgebiz&amp;utm_campaign=sffa_blog\"><span style=\"font-weight: 400;\">Book a demo with us today.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As businesses flock to connect and network at in-person events in Singapore this year, Singapore E-Business (SGeBIZ) has also been quick to jump on the bandwagon. Between 22nd to 24th June, the company participated in the Speciality and Fine Food Asia trade show held at Suntec City Exhibition and Convention Centre. Strong Support Drawing in [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":1384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pgc_meta":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SGeBIZ Booth Flocked by Over 300 F&amp;B Businesses at Speciality &amp; Fine Food Asia 2022 - SGeBIZ<\/title>\n<meta name=\"description\" content=\"Learn how our suite of procure-to-pay solutions can help F&amp;B distributors, manufacturers, restaurants, cafes and many more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sgebiz.com\/resource\/blog\/sgebiz-booth-at-the-recent-speciality-fine-food-asia-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SGeBIZ Booth Flocked by Over 300 F&amp;B Businesses at Speciality &amp; 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