HomeBankingDBS: Automates procure-to-pay for construction industry

DBS: Automates procure-to-pay for construction industry

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  • DBS is a leading financial services group in Asia with a presence in 18 markets
  • DBS and Singaporean fintech Doxa launch construction industry’s first automated supplier payments solution
  • Doxa Connex hopes to help main contractors eliminate often manual administrative processes that plague the construction industry
  • Also developed with a view to improve productivity and remove inefficiencies in the sector’s procurement
  • According to data from Doxa, Doxa Connex digitalises and automates the majority of the manual procurement and payment processes
  • Solutions like Doxa Connex are a good step in the right direction and mirror our continuous efforts to promote the adoption of digital solutions
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