2024 Business Payments and SME Spend Barometer

Discover how small and medium enterprises (SMEs) in Australia, Singapore, and Malaysia are transforming their spending behaviours to navigate an evolving economic landscape. The 2024 SME Spend Barometer uncovers key trends in business payments and investments shaping their future.

Key insights

29%

Increase in IT and digital solutions spending as businesses prioritise tech and innovation.

16%

Rise in office expenses as SMEs ramp up investment in physical infrastructure.

7%

Increase in salaries across the region as businesses seek to balance growth with costs.

 

Yogesh Sangle
Global Head of Instarem

Yogesh Sangle

Global Head of Instarem

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