Retail ERP for Singapore

Singapore retail is characterized by high mall concentration, with prominent landlords like CapitaLand, Mapletree, and Far East Organization operating major shopping centers. Lease agreements typically include base rent plus gross turnover rent components, requiring retailers to report monthly sales accurately. The rental market dynamics and high labor costs create pressure on margins that make accurate cost tracking essential.

E-commerce has grown significantly in Singapore, with platforms like Shopee, Lazada, and Amazon Singapore serving the market alongside direct-to-consumer channels. The Electronic Transactions Act governs online transactions. The Personal Data Protection Act (PDPA) regulates customer data collection, use, and disclosure, with the PDPC issuing enforcement actions for violations. Cross-border e-commerce has been simplified through free trade agreements, but overseas vendor registration for GST applies to non-resident vendors selling digital services or low-value goods to Singapore consumers.

Yukti provides Singapore retailers with GST-compliant POS and invoicing at 9%, eTRS tourist refund processing integration, and the reverse charge mechanism for imported services. The lease management module tracks base rent and gross turnover rent calculations with landlord reporting. Inventory management supports multi-location operations across malls and warehouses with real-time stock visibility. The e-commerce module handles Shopee and Lazada marketplace integration with commission reconciliation and GST treatment for marketplace sales. PDPA compliance is built into customer data management with consent tracking, data access requests, and breach notification procedures. Financial reporting follows SFRS with ACRA XBRL filing support. The HR module handles CPF (Central Provident Fund) contribution calculations at the correct rates based on employee age and residency status, Skills Future levy, and foreign worker levy management.