Singapore – YouBiz, a finance platform for businesses by YouTrip, has recently announced a strategic collaboration with cloud and AI service firm CloudMile. This initiative was launched with the goal of providing businesses access to the tools they need for growth.
The partnership further aims to encourage Singapore businesses in their journey towards adopting AI and fintech solutions to enhance productivity and competitiveness in the current digital age.
Following the agreement, businesses can now leverage CloudMile’s cloud and AI services to streamline operations and increase productivity.
YouBiz will then be responsible for achieving their business goals as well as balancing costs and resources through its expertise in cross-border remittance and integrated expense management.
In addition, the duo will also offer USS$100 cashback on cloud subscriptions to Singapore businesses, in a move to support startups and MSMEs offset the initial costs of adopting cloud-based technologies and explore the benefits of cloud computing.
Meanwhile, companies that use a YouBiz corporate card for their CloudMile subscriptions will enjoy an extra discount of up to 5%, allowing businesses to save as much as 11% on their cloud expenses.
Kelvin Lam, chief operating officer at YouTrip and YouBiz, commented, “In the rush to adopt AI and automation, it’s easy to lose sight of the bigger picture. Businesses must prioritise strategic clarity. A clear vision and robust measurement framework are key to deciding which technologies to adopt and when to pivot. Technology is just a tool; it’s your strategic vision and effective implementation that will drive sustainable business growth.”
Jeremy Heng, Southeast Asia managing director at CloudMile, also added, “AI is here to stay; embrace the technology, but it’s not the solution to everything. Find a balance to its application beyond using them as chatbots, and always be convinced of the ‘Why’ we are adopting it.”
The partnership was launched at the recently concluded panel discussion hosted by the two.
