OCBC Business App Helps SMEs in F&B Industry
A recent Straits Times article highlights how the OCBC Business app helped RichFood Catering, a catering company, experience a significant increase in sales. The app helped owner Nigel Kok track his monthly spending, sales, and cash flow. Kok spotted a sudden surge in orders and promptly increased the marketing budget for the popular menu, resulting in a remarkable 25% boost in sales.
The OCBC Business app offers comprehensive insights into the company’s finances and provides alerts on foreign currency rates and incoming funds, helping SME owners like Kok make informed business decisions. With its user-friendly interface and real-time data, the app helps SMEs navigate the competitive F&B industry and streamline their operations.