Partner relationship: HSBC
HSBC VisionGo is a digital community platform that promotes connection and communication between SMEs in Hong Kong and is a strong pillar of Hong Kong’s economy. The platform is open to all SMEs, start-ups and prospective entrepreneurs, empowering them with timely business insights and enabling them to exchange ideas and discover new business opportunities.
ACCA has been a business member of HSBC VisionGo since it launched in March 2020. We’ve contributed to its database of resources with business and finance related topics, such as responses to the COVID-19 outbreak, tips on taxation as well as ACCA thought leadership regarding SME issues and development. The links below are two examples of ACCA insight articles shared on the HSBC VisionGo* platform last year.
As a close partner of businesses in Hong Kong, HSBC understands that the SME community needs more than just financial support. Being able to access a powerful knowledge database can help drive sustainable growth across the sector. With SMEs being a major employer of finance professionals around the world, ACCA works to cultivate partnerships such as this between the accountancy profession and business associations, government agencies and service providers best placed to promote capacity building among SMEs.
Sharing the Bank’s commitment to supporting the SME community, ACCA would leverage our 100 years of experience understanding small business, and together create a synergy to grow a truly valuable knowledge-led database.
Under this collaboration, as ACCA continues to add resources to the database, our insights and our members’ vital role in driving successful business planning and strategic decision-making are made more visible within the SME Community.
Small-medium practice (SMP) members can also gain insights from HSBC VisionGo regarding SMEs’ trends and key concerns in order to formulate their own strategy in serving their clients better. They can join the events, expand their network amongst the SME community and showcase their company profile through ACCA’s presence on the platform.
A further benefit of this is the joint events we’ve been able to run with HSBC, where we’ve offered CPD to our members through webinars on the challenges and financial solutions regarding Covid-19.
An integral part of our involvement with HSBC VisionGo is our ability to use the platform to raise awareness among entrepreneurs, SME owners and managers, of the importance of employing in-house finance professionals and the added value that establishing a professional finance function can bring to their business.