Business Daily Media

The Times

.

Counto Earns ASR+ Tier 3 Status, Redefining Accounting & Tax Services with AI Software

SINGAPORE - Media OutReach - 7 February 2023 - Counto, a Singapore-based finance back-office service platform, has achieved Tier 3 accreditation on IRAS’ Accounting Software Register Plus (ASR+) listing.

The integrated software offers a wide range of features, such as the ability to submit Corporate Income Tax Returns (Form C-S) and GST Returns (F5, F8).

One of the core benefits of Counto's Tier 3 status is the company’s ability to provide seamless tax filing services to IRAS. This gives businesses an option to outsource their tax filings to an integrated financial solution with ease and at a lower cost compared to traditional offerings.

Designed to be a one-stop finance solution providing accounting services for small businesses, Counto is one of the few accounting providers in Singapore that is invested in machine learning and artificial intelligence (AI) for accounting, bookkeeping, and tax services. It uses AI technology to automate certain accounting tasks, such as gathering and analysing data from clients’ businesses and allowing its accountants to focus on higher-value activities, thus saving time and resources.

Counto’s AI-powered platform has been designed to assist accountants with daily routines such as data entry, report creation, and bookkeeping tasks. It also enables clients to upload relevant invoices and data from their businesses to Counto’s platform. The system will immediately analyse the data, categorise them into folders, auto-create payment drafts to suppliers, and more.

Clients of Counto are also able to sync their bank accounts and link other platforms to the system without worrying about reporting inaccuracies or gaps. As a fintech startup, Counto uses a technology-first approach to offer accounting and bookkeeping services, corporate secretarial services, as well as business registration services — all of which aim to help companies maximise their output and focus on growing their business.

Counto is also exploring advanced technologies to provide clients with more accurate and speedy results. By embracing AI, Counto aims to further enhance the precision and efficiency of its corporate tax filing services. Future goals include expanding in Asia and the United Kingdom.

For more information on Counto, please visit https://mycounto.com/.
Hashtag: #Counto #Business #Technology #Finance

The issuer is solely responsible for the content of this announcement.

News from Asia

Arrow Electronics Addresses Rising Autonomous Mobile Robot Demand in Southeast Asia with System-Level Solutions

Showcases system‑level AMR innovations with technology partners in Singapore and Bangkok SINGAPORE and BANGKOK, THAILAND - Media OutReach Newswire - 19 May 2026 - Arrow Electronics, a global prov...

FPG Fortune Prime Global Marks 15th Anniversary

MELBOURNE, AUSTRALIA - Media OutReach Newswire – 19 May 2026 – FPG Fortune Prime Global marks its 15th anniversary as global trading platforms increasingly compete on infrastructure, execution qua...

HKUST 2nd AI Film Festival Concludes Successfully Showcasing Global Excellence in AI Creativity

Visionary Dialogues on AI Filmmaking Inspire Next Generation of Creative Talent HONG KONG SAR - Media OutReach Newswire - 19 May 2026 - The Hong Kong University of Science and Technology (HKUST) h...

Estuary by Vicky Cheng Brings Indulgent and Nourishing French Gastronomy to Galaxy Macau

A Pristine New Expression of Chef Vicky Cheng’s Culinary Excellence Arrives at the Award-Winning Luxury Resort MACAU SAR - Media OutReach Newswire - 19 May 2026 - Galaxy Macau upholds its status ...

Trump’s Beijing Welcome Banquet: Hisense Joins Top U.S. Tech Enterprises at Elite Table to Sustain Technological Leadership

BEIJING, CHINA - Media OutReach Newswire - 19 May 2026 - During Donald Trump's high-profile diplomatic visit to China, a state-level welcome banquet was hosted in Beijing, assembling global indust...

Aon Appoints Masahito Hirai as CEO for Japan

TOKYO, JAPAN - Media OutReach Newswire - 20 May 2026 - Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Masahito (Max) Hirai as CEO of J...

Six-Hands Set Inspired by Innovative Exotica Umami EX M Sauce Comes to Sagano & Flint

‘EX M Imperial Tastes of Umami & Kokumi’ highlights Kyoto-style flavours over 10 courses HONG KONG SAR - Media OutReach Newswire - 20 May 2026 - A culinary event like no other comes to Sagano...

Franklin Templeton and DigiFT Advance Institutional Tokenization Through Strategic BENJI Partnership

SINGAPORE - Media OutReach Newswire - 20 May 2026 - DigiFT, a regulated digital asset exchange for institutional-grade real-world assets, and Franklin Templeton, a global investment leader with US...

Phancy Reaches Strategic Partnership with Huanxi Media Pioneering the "AI + Entertainment" New Ecosystem

HONG KONG SAR - Media OutReach Newswire - 20 May 2026 - Phancy Group Co., Ltd. (Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced that it has entered i...

MSIG Malaysia Teams Up With MyKasih To Support Underprivileged Students

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire – 20 May 2026 - MSIG Insurance (Malaysia) Bhd ("MSIG Malaysia") has pledged RM100,800.00 to the MyKasih Foundation to support the 'Love My School' ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...

Bunji dog treats to hit Ritchies shelves

Cooee Native Superfoods’ Bunji range of dog kibble and treats is rolling out across Ritchies Supermarkets now, with stock already on shelves in se...

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...