Deskera Partners With Visa on SaaS

- Platform Will Assist SMBs to Reduce IT Expenses and Stay Competitive Through Expert Insights andAdvice

Deskera Holdings Ltd. - a global leader in Software as a Service ('Saas'), today announced its partnership with Visa, the world's largest digital payments network, to provide SaaS to Small and Medium Businesses ('SMBs') through the Visa Business Hub ('VHB') in Singapore.

     (Logo: http://mma.prnewswire.com/media/450678/PRNE__Deskera_png_Logo.jpg )
     (Logo: http://mma.prnewswire.com/media/450679/PRNE_Visa_Logo.jpg )

The VHB, launched earlier this year, is a one-stop portal that delivers tangible value to business customers in Asia. The Deskera and Visa collaboration is part of Visa's commitment to empower businesses to leverage on innovative technologies through cost effective SaaS platforms. The VHB portal also houses a Business Academy that will assist SMBs to stay competitive through expert insights and advice. The SaaS platform will be accessed by around 12-15 million SMBs commercial Visa cardholders in Asia, followed by Europe.

Mr Vikram Kshettry, Head of Small Business Products, Asia Pacific, Visa said: "We are happy to have Deskera on board. Modern businesses face increased demands from their stakeholders to be digitally enabled and this is often daunting. We look forward to serving the SMB sector with the Deskera business suite."

The partnership with Visa comes at a very strategic time as Deskera has experienced explosive growth with revenue increase of over 100% year-on-year since 2013 and plans to maintain the same pace in the years ahead. Moreover, SMB is a key segment for Singapore and SMBs contribute to almost 50 per cent of the country's Gross Domestic Product ('GDP') and 70 per cent of the workforce.

Shashank Dixit, Founder and Chief Executive Officer of Deskera, believes in the motto of 'Small is Powerful', which strengthens his belief in the SMB sector. He further adds, "I am encouraged that international brands like Visa are providing a platform to serve SMBs better and we look forward to working with them in Singapore and other countries in the region."

About Visa:  

Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. Visa operates one of the world's most advanced processing networks - VisaNet - that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead with prepaid or pay later with credit products. Visit the Visa website.

About Deskera:  

Founded in 2008, Deskera is a leading cloud-based integrated business management software provider across Asia. Headquartered in Singapore, Deskera has offices in Malaysia, Indonesia, India, Australia and USA. Deskera's simple and robust enterprise software has over 80,000 users, powers more 3,000 SMEs and businesses globally and its products serve a wide range of industries such as manufacturing, trading, distribution, engineering, and building and construction. Deskera was acknowledged for its Southeast Asia Market Leadership for Integrated Business Applications as a Service (BAaaS) Suite by Frost & Sullivan in 2015 and was recognised as one of the 20 Most Promising CRM Solution Providers in 2015 by CIO Review Magazine. Deskera's premium clients include Mitsubishi, Baker Tilly, Grant Thornton, Olympus, Trans-Cabs, Killiney Kopitiam, Sports Fashion, Sushi Tei and many others in the Asia-Pacific region and its key investors include Aris PrimePartners Asset Management, Tembusu Partners and Tikehau Capital.

To find out how cloud solutions can make it easier to run your business, please visit: http://www.deskera.com

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Ms Ambica Kuthiala
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Mr Gerald Woon
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SOURCE Deskera