SINGAPORE - MediaOutReach - 23 December 2020 - 3E Accounting is thefirst Asia-Pacific SME accounting firm to adopt robotics technology and disruptthe Accounting and Professional Services industry as the pioneer robotics accounting firm.

3EAccounting Founder and Chief Technology Officer Lawrence Chai formed the firm'sDigital Research and Development (R&D) team to spearhead development in newtechnological growth areas like robotic business automation (RPA), MachineLearning (ML) and Artificial Intelligence (AI). The Digital Master Plan set out 3E Accounting'sambition to become the first global SME robotics accounting firm by mapping outfuture industry trends and charting a roadmap for action.

WithDigital Transformation, 3E Accounting can digitally process companyincorporation, accounting, tax, human resource and corporate secretarial services for clients. Acompany incorporation process that requirestwo days has been shortened to within 1 hour with technology. 3E Accounting cango 100% digital and paperless through the deployment of cloud and automationsolutions, resulting in a 50% increase in productivity.

Digitaltransformation enabled the successful Virtual Opening of 3EAccounting Limitedin Hong Kong in July 2020 despite COVID-19 through digital tools like multiplevideo conferencing platforms, Cloud computing and Google Workspace. Investmentin technology has enabled 3E Accounting to transcend geographical barriers inits overseas expansion through systematic business continuity planning.

"COVID-19 is a game-changer for businesses. Theability to run full remote business operations has validated 3E Accounting'sdigital transformation efforts where there was previously little differencebetween firms who went by the conventional or digital routes, and gives greaterimpetus to become the world leading robotics accounting firm. The use ofintelligent automation technology will ensure 3E Accounting always remains farahead of competitors."

Lawrence Chai

Founder & Chief Technology Officer

3E Accounting Group

3EAccounting has invested over $2.0 million in research and development ofautomation robotics. Even without venture capitalist funding, 3E Accounting hasmade a giant leap in technology development. New technology initiativesincluding two robots, Financial Report Robot and a Robotic Process Automation(RPA) Robot save 90% of time spent on tasks, allowing 3E Accounting to supporta much bigger client base and providing 4x advantage over industry peers andbecome a robotics accounting firm that is fast-growing and future-ready in thecompetitive market.

Byadopting emerging robotic technology, 3E Accounting's ambition is to build afuture accounting and professional services firm where intelligent robots aredeployed to perform tasks and collaborate with human co-workers.

As3E Accounting celebrates its 10^th anniversary, the firm is exploringcapitalization options and does not preclude Pre-Series A funding via privateequity markets to exponentially expand its client base and product offerings inadvanced robotics, new markets business advisory, Virtual Chief FinancialOfficer (VCFO), and technology R&D.

About 3E Accounting Pte. Ltd.

3E Accounting Pte. Ltd. is aSingapore-based firm that provides professional incorporation, accounting, tax, immigration andcompliance services for start-ups and small- to medium-sized firms. 3EAccounting Pte Ltd is the global headquarters of 3E Accounting International,an InternationalAccounting Network with a global presence in more than 80 countries worldwide.Our mission is to offer the Three Es: efficiency, effectiveness and economy asa complete suite of services that address all aspects of set-up, start-up andongoing administration for every business entity. Our team at 3E Accountingconsists of highly experienced professionals with extensive experience infinancial, tax, corporate, and regulatory regimes. 3E customer engagement teamsare selected based on their industry expertise, experience and businessknowledge, and consistently add value to our customers. For more information,please visit 3E Accounting website: www.3ecpa.com.sg