Semiconductor Procurement Simplified

Decide

Together We Create Value

HelloSME’s mission is to help SMEs Go Digital, Go Regional by aggregating their digital needs. We aim to deliver Fast Trade and Procurement (FTP) Eco-system built on Blockchain technology in order to enhance procurement efficiency, scalability, security and trackability for businesses. Through the members-only platform, our strategic partners and customers can perform in-country and cross-border transactions with ease and confidence.

What is FTP?

FTP is SaaS (Software-as-a-Service) on Blockchain built to enhance procurement transactions between buyers and sellers in an efficient manner, rendering scalability, security and trackability to businesses. The objective is to help SMEs get onto the digital bandwagon in a seamless way and also transact with confidence with overseas buyers and sellers.

Community of Service Providers

FTP integrates with multiple Service Providers which enhances end-to-end transactions. Service Providers include Insurance, Logistics, Legal, Financing, Accounting.

RDS Contract

RDS is a Real Digital Smart Contract which has sophisticated algorithms to track any changes and/or modifying of the contract. Storing any transactional changes on Blockchain makes it secure, reliable and trackable than conventional contracts.

Payment Gateway

FTP Payment Gateway aims to connect to all payment gateways by offering choices to our buyers/sellers in settling payment through PayPal, Stripe, bank transfer. An added feature is digital Escrow that is robust enough to scale from 1,000 to 2M transactions a day.

Cost Savings

Based on Semiconductor industry insights, time spent by buyers & sellers on quotation, purchase order, invoice, delivery note and others such as packing list, human error, misplacement of documents is significant. For companies with ERP, the above processes will take about 70 minutes and without ERP about 440 minutes.

END-TO-END DIGITAL INTEGRATION

FTP Eco-system’s vision is to provide connectivity of the different Buyer/Seller ERP systems to ensure seamless transactional flow to cut down manual inputs and paper-based transactions.

BLOCKCHAIN

Based on Hyperledger Fabric Technology that supports permissioned blockchain network, smart contract, data privacy and unique transactional model.

CLOSED-LOOP TRANSACTION

From PR -> RFQ -> PO -> SO -> DO -> Invoice -> Payment, FTP automates and captures the entire process in its entirety. Once payment is acknowledged, the RDS contract between the buyer and seller is then considered closed given a 360-degree view of the entire transactional flow.

KYC

FTP provides basic KYC with KYC partners and 2-factor authentication to verify members’ identity to ensure transactions are legit and above board especially cross-border transactions – one of the key ask of SMEs.

Opportunities

The Semiconductor Industry forms a sizable bulk of worldwide B2B sales in excess of US$665 billion. In ASEAN alone, this industry is roughly US$167 billion with Singapore being the trade hub of action­ worth US$ 71 billion - the regional headquarters for major semiconductor entities and distributors.

Global Brands SMEs Trust

FTP Value-Added Services

HelloSME invites Strategic Service Providers to provide support services in the smart contracts for SMEs.

Last Mile Fulfilment

GOGOVAN is your solution to real-time logistics needs. GOGOVAN’s on-demand, same-day logistics platform connects businesses with over 20,000 registered driver partners: motorbikes, sedan, vans, and 10ft– 24ft trucks. GOGOVAN is present in over 300 cities in China, Hong Kong, India, Singapore, South Korea, Taiwan, and Vietnam.

Marine

Berkley Insurance Asia is an operating unit of the W. R. Berkley Corporation. As a group, we have been serving customers in Asia for over a decade and as part of our commitment to the region, our operations now include Berkley Insurance Asia with offices in Singapore and Hong Kong. Both these operations offer insurance and facultative reinsurance across the Asia region.

SME Financing

Develop, grow, sustain and strengthen your business cashflow minimizing challenges of acquiring loans from banks. HelloSME and Funding Societies bring next generation SME financing to small and medium-sized businesses in Singapore, which has never been made so easy and fast.

Discounting Solution

FTP Discounting is a digital trade service powered by JED connecting Buyers, Sellers and Lenders, making trade and working capital flow more efficiently for businesses. This service creates an inclusive trade and finance eco-system that benefits ALL SMEs – big and small.

The FTP Core Team

Leslie Wong
CEO / CTO (interim)
30+ years in Sales and Marketing at Hewlett Packard Asia Pacific, IQmind, Sembawang Media, Westin Hotels & Resorts, DFS Group
Garphy Chang
Chief Product Marketing Officer
23+ years in IT, Printing and Manufacturing Industries at Hewlett Packard APAC & Taiwan, Agfa-Gevaert Taiwan and KEE Decorative Tech. China
Tri Huu Le
Chief Technology Advisor
19+ years in Advisories, principal data scientist on MS Azure resource planning project, PSC Data Consulting, Origin Energy & AU Energy Market Operator (AEMO)
Kris Leong
Administration Manager
25+ years in IT Industry at Hewlett Packard APAC - Commercial System Unit, PC Division, Solution Partner Org.
Lucia Teng
Operations Manager
20+ years in IT Industry at Hewlett Packard APAC
Jaya Devi Stanley
Chief Compliance Officer
15+ years in Legal and Compliance at NTUC Income, MSIG Insurance and Chemoil International Pte Ltd.


The FTP Advisory Team

Wong Ching Wen
Blockchain Advisor
20+ years in Financial Services at ESG Reinsurance, CIGNA International, American Express
Jansen Lim
Technology Advisor
More than 15 years in the technology industry at IBM, Price water house Coopers, Nortel & IQmind.com
Harish Pillay
Technology Advisor
20+ years in Sembawang Media , IQmind.com & Red Hat as Global Head, Community Architecture and Leadership
Roy Lim
Business Advisor
20+ years in tax and business advisory in Arthur Andersen, Sembcorp, Lenovo, Avago and PKF-Cap
Julian Wong
Legal Advisor
21+ years of legal experience at Shook Lin & Bok, Johnson, Stokes & Masters, Mandel, Katz & Brosnan LLP, Sabharwal, Globus & Lim LLP
Goh Weihan
Blockchain Advisor
Asst Professor at SIT, research interest in blockchains and applied cryptography
Felix Tan
FinTech Advisor
20+ years at UOB Finlab, SilkRoute Holdings, ECNet, WFRIC, Evolusia, OCBC Bank, Bank of Singapore
Ryan Chew
Blockchain Advisor
Partner of TRIVE Ventures & Tribe Accelerator for blockchain investments & activities
Gary Chien
Procurement Consultant
25+ years in Manufacture Industry, Supply Chain Management at Trividia Health Taiwan Inc.

Contact Us

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Office Address

6A Shenton Way,OUE Downtown Gallery, #04-08, Singapore 068815

Contact Info

Phone: +65 6429 1044

Email: [email protected]

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