AXS has completed a company-wide digital transformation using SAP’s GROW with SAP platform, aiming to support its expansion across Southeast Asia and streamline its core operations.
The Singapore-based payments provider, which processes over S$20 billion in transactions annually, implemented the SAP solution in early 2025 to modernise its legacy systems.
The move marks a shift from the company’s two decades of consumer-focused growth in Singapore to a broader regional strategy with a focus on B2B services.
The new platform brings together previously disconnected systems across finance, sales, procurement, and asset management into a single ERP framework.
Implementation took three months, supported by SAP partner Nirvasoft, and was carried out in parallel with AXS’s legacy systems to ensure smooth continuity.
The company said the upgrade has reduced manual work, improved accuracy, and enhanced visibility into both operations and financials.
Teams now work from a single source of truth, enabling faster decisions and more efficient procurement and budgeting processes.
The increased efficiency has also freed up resources to explore advanced tools such as AI-driven finance solutions.
AXS is now preparing to implement InvoiceNow integration and document compliance reporting, while also exploring SAP Business AI tools.
The company is looking into how automation and intelligent insights can speed up processing, reduce manual workload, and improve forecasting.
As AXS looks to expand its B2B offerings across Southeast Asia, it said the SAP platform provides the scalability, flexibility, and resilience needed to support its next phase of growth.
Eileen Chua, Managing Director, SAP Singapore, said,
“AXS, a homegrown Singapore brand, is a clear example of how forward-thinking companies are embracing intelligent, cloud-based platforms to become more competitive.
With SAP, AXS can move fast, simplify complexity, and modernise effectively without losing focus on customers.”
“As we looked to expand beyond Singapore, we recognised the opportunity to modernise our legacy systems, which were instrumental in getting us to where we are, and to take us to our next phase of growth.
SAP’s GROW with SAP, we are not only gaining agility, scalability, and speed, but also streamlining our operations to enhance team productivity, allowing us the efficiency to build on the strong foundations we have laid over the past two decades.”
said Jeffrey Goh, Group CEO and Co-founder of AXS.
Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Freepik
