Singapore SMBs spend 168 days a year on admin tasks: Survey

SINGAPORE (Jan 18): Small and medium businesses (SMBs) in Singapore spend an average 168 working days yearly on administrative tasks, costing them $160,000 a year.

This is double the cost of $80,000 by global SMEs who spend 120 working days yearly on the tasks.

The tasks also account for roughly 5% of the total manpower of SMBs.

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