In this article, Aprilina Loh, Partner at Triide Singapore, reflects on her ten-year journey in driving the digital transformation of accounting—from the early adoption of cloud solutions in Singapore to championing digital innovation across the Asia Pacific region. She shares key milestones, lessons learned, and why now is the right time to take this mission to the next level with Triide.
My journey in the digitalization of accounting began in 2013, at a time when cloud accounting was still a novel concept for many businesses in Singapore. Convincing business owners of the advantages of storing financial data in the cloud was challenging, as concerns about security, internet reliability, and trust in automation loomed large.
However, I was confident that digital transformation was inevitable. The ability to access financial data anytime, automate processes, and collaborate remotely would revolutionize business finance management. I committed myself to guiding companies away from outdated, manual accounting practices toward cloud-based automation – a challenging but ultimately invaluable endeavour.
Leading the Charge in Cloud Accounting
Over the course of 3 years since I was committed in the endeavour, and being one of Singapore’s pioneering Xero Platinum Partners, I have:
Onboarded 500 SMEs onto the Xero platform, ensuring they had the necessary tools and training to harness the power of cloud accounting.
Streamlined accounting workflows, reducing manual errors and saving valuable time.
Educated business owners and finance teams on how digital solutions could enhance efficiency and ensure compliance.
My efforts didn’t go unnoticed. In 2017, I was awarded “Xero Best Asia Partner Award”, a significant milestone that fueled my passion for promoting digital adoption. By then, businesses embracing cloud accounting were reaping substantial benefits, such as faster reconciliations, real-time insights, and simplified tax compliance.
The Moment That Made It All Worthwhile
Then came COVID-19.
As lockdowns were implemented, businesses that had resisted digitalization faced immense challenges. In contrast, those who had already adopted cloud-based accounting were able to seamlessly manage financials, payroll, and compliance from any location. They weren’t scrambling to adapt—they were thriving.
That experience confirmed for me that all those years advocating for digitalization had been worthwhile. What was once considered a “nice-to-have” had transformed into a vital necessity.
Why Triide? Why Now?
After a decade of leading digital transformation efforts in Singapore, I am excited to take this experience and passion into the Asia Pacific region with Triide. Reflecting on my journey in digital accounting, I see Triide as the next step in my mission to foster digital transformation across the region. The timing feels right; we are witnessing a significant shift in the accounting landscape. While countries like Singapore and Hong Kong have embraced cloud-based solutions, many others still rely on outdated methods and manual processes. This presents an urgent need for change as businesses navigate efficiency challenges, regulatory requirements, and the pressures of a competitive global marketplace.
Triide represents an opportunity for me to continue my passion for digital accounting on a larger scale. The company is well-positioned to drive this evolution, leveraging regional expertise and strong technology partnerships. We aim to support a diverse range of businesses – from small enterprises in China to larger organizations in Malaysia and innovative startups in Hong Kong – unlocking the potential of cloud accounting and AI-driven automation.
The Demand for Digital Transformation in APAC
The shift to cloud accounting has become essential. As regulatory changes accelerate and the demand for real-time insights grows, especially highlighted during the pandemic, it’s clear that digital accounting solutions are vital for businesses aiming to thrive in today’s environment.
In the Asia Pacific region, various organizations face significant challenges, such as:
Manual processes that are time-consuming and prone to errors.
Complicated tax compliance issues that differ dramatically from market to market.
Limited access to real-time financial data, complicating informed decision-making.
Many companies are searching for a reliable partner to guide them through this digital transformation. Triide aims to be that ally, equipped with local knowledge and regional experience to help businesses not only survive but flourish in a continually evolving digital landscape.
The Human Touch in Digital Transformation
Lastly, it’s essential to recognize that, no matter how advanced AI and software become, they will never replicate the human touch or the value of the relationships we build with our clients. These connections are what truly matter as we support businesses through their digital journeys.
As a mother of two young boys, I understand the challenge of balancing work and life. AI is an incredible tool that can help lighten our burdens by taking on mundane and time-consuming tasks. This allows me to focus more on what truly counts – both in my professional life and at home.
I hope to convey the value of using digitalization not just as a means to optimize business processes but as a tool to help us live our lives to the fullest. In today’s fast-paced world, leveraging technology can significantly ease our burdens, freeing up time for what truly matters – whether that’s spending quality moments with family, pursuing hobbies, or simply taking a moment for self-care.
By integrating solutions like cloud accounting and AI-driven tools into our daily routines, we can streamline tasks and enhance efficiency, allowing us to focus on our passions and personal connections. Digitalization is more than just a trend – it’s an opportunity to create space in our lives for joy, fulfilment, and meaningful relationships.
If you’re exploring digital accounting solutions or need guidance on transforming your finance function, feel free to reach out to Aprilina Loh. From regulatory compliance to workflow optimization, let’s explore how digital solutions can address your specific needs.
Partner
Singapore
Email: aprilina.loh@triide.com