What RSM Stone Forest It does

RSM Stone Forest IT is a Singapore-headquartered professional services firm operating as the technology consulting and integrated business solutions arm of RSM Singapore, the largest professional services firm outside the Big Four in Singapore. Established over 35 years ago, the company delivers a comprehensive one-stop suite of services spanning company secretarial, accounting, tax, finance, HR, payroll, technology consulting, and China business advisory through six branded sub-units: CorpServe (secretarial and incorporation), AccountServe (accounting and tax), PayrollServe (HR and payroll outsourcing), AccountStaff (finance and accounting staffing), RSM Stone Forest IT (technology consulting and managed services), and China Business Advisory. Its client base spans SMEs, enterprises, corporates, and international businesses, with operational footprint across Singapore, Malaysia, China (six cities: Shanghai HQ, Beijing, Suzhou, Hangzhou, Shenzhen, Chengdu), and Hong Kong.

The firm's technology stack centres on CS8 by CorpServe, a proprietary cloud-based corporate secretarial platform with a pay-as-you-use model, supplemented by Xero-certified cloud accounting services and partner-led cybersecurity solutions through Sophos, Fortinet, Delinea, Acronis, and KnowBe4. Revenue is generated through a mix of project-based professional services engagements (incorporation, secretarial, advisory) and recurring managed services contracts (accounting outsourcing, payroll, HR digitalisation, technology managed services, cybersecurity). Pricing is bespoke and not publicly disclosed. Distribution is sales-led through direct engagement at regional offices, augmented by strategic partnerships with Singapore's IMDA (Digital Enterprise Blueprint programme targeting 50,000 SMEs by 2029) and technology vendors. The firm holds ISO 27001 (achieved 1997, reportedly first Singapore accounting firm), ISO 27701, CSA Cyber Trust Mark, Data Protection Trust Mark, MAS Payment Services Licence, ABS OSPAR attestation, and SSAE 18/ISAE 3402 compliance.

The competitive position is anchored on RSM International network affiliation, multi-jurisdictional Asia Pacific capability, bilingual (English/Chinese) cross-border advisory, and an embedded client base including Charles & Keith Group (over a decade of engagement), Nissin Foods Singapore, Booking.com Singapore, Falcon Energy, IP Global, Prohealth Medical Group, King Wan Corporation, Red House Seafood, Bynd Artisan, and Allkin Singapore (30+ service centers). Revenue figures are not publicly disclosed, and headcount is reported in the 51-100 range for the firmographics band, though regional affiliate headcount likely extends the effective delivery capacity materially.

Name

RSM Stone Forest It

Legal name

RSM Stone Forest

Website

https://stoneforest.com.sg

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

RSM Stone Forest IT is the Singapore-headquartered business solutions arm of RSM Singapore, providing integrated company secretarial, accounting, HR/payroll, finance staffing, technology consulting, and China advisory services to SMEs, enterprises, and international businesses across Asia Pacific.

Ownership category

akta.pro rank

Product category

Professional Services

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK)

Keywords

• Corporate secretarial services
• Outsourced accounting services
• Payroll outsourcing
• Business process outsourcing
• Company incorporation services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Professional Services - Incorporation & Secretarial: Company formation, corporate secretarial, compliance and governance, and internationalisation services billed as project-based or retainer engagements.
2. Accounting Services: Accounting managed services, CFO support, audit support, financial reporting, and tax services delivered as ongoing outsourcing engagements.
3. Finance & Accounting Staffing: Contract staffing, recruitment, work pass services, and total outsourcing solutions across full-time and contract arrangements.
4. Technology Consulting: Technology advisory, implementation support, and managed services including cybersecurity solutions through partnerships with Sophos and Fortinet.
5. China Business Advisory: Audit, tax advisory, business advisory, corporate secretarial, accounting, HR and payroll services for companies expanding into China.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

RSM Stone Forest IT is a Singapore-based professional services firm providing corporate secretarial, outsourced accounting and tax, HR and payroll, technology consulting, finance and accounting staffing, China business advisory, and company incorporation services. Its offerings target SMEs, mid-market enterprises, and international businesses operating in or expanding into Singapore, with dedicated vertical practices for F&B, not-for-profit, and fund services.

Product overview

RSM Stone Forest IT operates as a multi-brand business solutions provider offering integrated professional services across six core areas: Technology Consulting (advisory, implementation, managed services), CorpServe (company secretarial and incorporation), AccountServe (accounting and tax), PayrollServe (HR and payroll outsourcing), AccountStaff (finance staffing), and China Business Advisory. The portfolio includes CS8 by CorpServe as a cloud-based secretarial technology module and CFO Support Services as an add-on financial advisory offering. Services are delivered through distinct branded sub-units rather than a unified platform architecture, with technology consulting supporting digital transformation across all service lines.

Differentiator

Problem solved

Functional benefit

Products and services

• CorpServe (Company Secretarial Services) Corporate secretarial services for Singapore-incorporated entities, including statutory compliance, ACRA filings, and governance support, with access to the proprietary CS8 platform.
• CS8 by CorpServe Proprietary cloud-based corporate secretarial compliance platform offered on a pay-as-you-use basis to support company secretarial workflows and statutory filings.
• AccountServe (Accounting and Tax Services) Outsourced accounting, tax compliance, and CFO support services for businesses operating in Singapore.
• PayrollServe (HR and Payroll) HR and payroll outsourcing services including payroll processing, leave management, and statutory filings.
• AccountStaff (Finance and Accounting Staffing) Finance and accounting staffing solutions providing contract and permanent placement of finance professionals, including CFO support.
• China Business Advisory Advisory services for clients doing business with, in, or expanding to China, delivered via the firm's China Practice Group.
• Technology Consulting Technology advisory and consulting services, including cybersecurity offerings through partnerships with Sophos and Fortinet.

Quantifiable outcome

• F&B chain cut invoice processing time by 80% with cloud accounting and ICR automation
• +1 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• SophoscoreTechnology or Integration · 1 June 2026RSM Stone Forest IT facilitated Allkin Singapore's deployment of Sophos cybersecurity solutions including Managed Detection and Response, Endpoint Protection, and Firewall. Solutions enabled 24/7 real-time threat monitoring across 30+ service centers.
• IMDA (Infocomm Media Development Authority)coreStrategic or Co-development Partner · 1 May 2026Partnership with Singapore's IMDA under the Digital Enterprise Blueprint programme. RSM Stone Forest IT provides cybersecurity handbooks and workshops to help SMEs operationalise AI safely and strengthen cybersecurity resilience. The programme aims to reach 50,000 SMEs by 2029.
• GrabcoreStrategic or Co-development Partner · 1 May 2026Joint partnership with IMDA and Grab under the Digital Enterprise Blueprint. Grab launches AI Programme with training and masterclasses for e-commerce, retail, and food and beverage companies, while RSM provides cybersecurity handbooks and workshops. The programme targets 10,000+ SMEs.

Scale indicators5 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• BDO Singapore: BDO Singapore is a mid-tier international accounting and advisory firm offering audit, tax, advisory and outsourcing services in Singapore. Like RSM Stone Forest, it competes for SME and mid-market clients outside the Big Four and offers multi-disciplinary business solutions.
• Mazars Singapore: Mazars Singapore is a mid-tier international professional services firm providing audit, accounting, tax and advisory services. It is a direct competitor to RSM Stone Forest in the Singapore non-Big-Four segment with comparable service breadth and SME focus.
• Grant Thornton Singapore: Grant Thornton Singapore is a mid-tier global accounting network member offering assurance, tax, advisory and outsourcing services. It competes head-to-head with RSM Stone Forest for SME, family business and mid-market clients in Singapore.
• Crowe Singapore: Crowe Singapore is a mid-tier accounting and advisory firm providing audit, tax, risk and outsourcing services. It is part of the Crowe Global network and competes with RSM Stone Forest across the same SME and enterprise client base in Singapore.
• Baker Tilly Singapore: Baker Tilly Singapore is a mid-tier international accounting and advisory firm offering assurance, tax, advisory and business solutions. Like RSM Stone Forest, it targets SMEs and mid-market companies seeking integrated professional services at non-Big-Four pricing.
• Acclime: Acclime is a corporate services provider specialising in company incorporation, secretarial, accounting, tax and HR/payroll outsourcing across Asia. It competes directly with RSM Stone Forest's CorpServe, AccountServe and PayrollServe service lines for cross-border SME clients.
• Tricor Singapore: Tricor is a corporate services and business advisory firm in Singapore providing company incorporation, corporate secretarial, accounting, payroll and tax services. It directly overlaps with RSM Stone Forest's CorpServe, AccountServe and PayrollServe offerings.
• Vistra Singapore: Vistra is a global corporate services and fund administration firm offering incorporation, secretarial, accounting, payroll and tax services. It competes with RSM Stone Forest in Singapore for corporate outsourcing mandates from SMEs and multinational subsidiaries.
• Hawksford Singapore: Hawksford provides corporate services, accounting, tax and HR/payroll outsourcing across Asia. It directly competes with RSM Stone Forest's multi-brand outsourcing model, particularly for foreign SMEs setting up in Singapore.

Broad incumbents

• TMF Group Singapore: TMF Group is a large global provider of corporate secretarial, accounting, payroll and fund administration services with deep Asia-Pacific presence. It competes with RSM Stone Forest's CorpServe and PayrollServe brands but operates at significantly larger scale across more jurisdictions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/StoneForestIT

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RSM Stone Forest It