2024 Small and Medium Enterprise (SME) Spend Barometer
Explore how small and medium enterprises (SMEs) across Australia, Singapore, and Malaysia are adapting their spending behaviours in an evolving economic landscape. Our 2024 SME Spend Barometer reveals key investment shifts that are shaping the future of these businesses.
Key insights
29%
Jump in IT and digital solutions spending as businesses prioritise tech and innovation.
16%
Rise in office expenses as SMEs ramp up investment physical infrastructure.
7%
Increase in salaries across the region as businesses seek to balance growth with costs.
Read the full report


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Businesses are making smarter decisions, focusing on investments that promise long-term value while carefully managing resources to weather uncertainties. A key part of this strategy is adopting digital cross-border payment solutions to reduce inefficiencies and gain better control over cash flow. Ultimately, this will enable SMEs to navigate global markets with confidence.
Yogesh Sangle
Global Head of Instarem
Yogesh Sangle
Global Head of Instarem

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