Brands/Products
IPI Solutions’ Crater 365 Makes Workflow Automation Easier
By Modupe Gbadeyanka
A leading software integration company in Nigeria known as IPI Solutions Nigeria Limited has developed a software to help automate the workflow of companies which have activated the remote working system.
The rise of automation, cloud computing, big data analytics, artificial intelligence, block chain and robotics have no doubt transformed the way organisations conduct their businesses.
This has also been very useful at this time the world is facing a health crisis caused by the outbreak of COVID-19 pandemic, resulting into prolonged restrictions of major economic activities as well as making firms to work from home.
To make employees work productively, IPI Solutions Nigeria, a certified Microsoft Gold Partner, has come up with a unique business automation software called Crater 365.
This application, designed by a team of young and brilliant technology experts, enables productivity from anywhere, helps workers work remotely with ease and convenience.
Crater 365 is a suite of solutions that brings collaboration into Process Automation and Electronic Documents Management System (EDMS).
It’s a workflow automation platform that orchestrates multiple integrated business processes and case management. In addition, it provides visibility into each step as its goal is to manage end-end workflows, support people and organisations as their work habits evolve from a communication focus to a collaboration focus.
The software allows users the integration of data and systems, tasks distribution and real time monitoring- now with mobile application capability for everyday work across to the platform, allowing employees to work in ways that work best for them.
In simpler terms, for businesses, Crater 365 unifies project delivery from kick-off to cash collection, automate project creation, send time and expense data and eliminate the need for double entry.
In addition, also enables users gain minute by minute control over their projects from anywhere, monitor how they’re racing against time, budget, and margins, aids them to see into the sales pipeline to accurately forecast resource needs anytime.
“An organisation’s workforce does not have to be in their physical office location to use Crater 365. You can always have your work done anywhere and anytime because its digital workflows and automation unified processes cut across departments and units are custom designed to make every-day work fast, easy, and productive.
“The key lays majorly on our team’s understanding of your work process and helping you develop a strategy that best fits your company’s need,” the company’s Head of Business Technology Development, Mr Isaac Oluwasegun, stated.
“The right use of Crater 365 automation solution ensures precision, transparency, reproducibility and total elimination of errors in processes; this does not only help your organisation save time and money, but the tool can also assist in collection of information (input), analysis (transformation) and returning of high-quality data (output).
“Because we understand that the more high-quality data and reliability of process your organisation have in its work processes, the greater chances they can make better decisions and this will in turn guarantee a quick return on their investment, and also help their business in a cost savings of up to 40 percent to 75 percent,” Mr Oluwasegun added.
IPI Solutions Nigeria is a company that has consistently provided high-end support to many renowned local and international corporations vis-à-vis enhancing their productivity concerns, by helping them to bridge the gaps around their businesses processes through its cloud, technological solutions, business consulting, software development and implementation services for Microsoft platforms.
The firm has a vision to become the most Valuable Business Solutions Technology Provider in Africa, through its team of young and brilliant technology experts.
The company said its Crater 365 software can be used to improve work flow processes in several industries like the banking, manufacturing, hospitals, insurance, HMO, human resources, training and recruitment, law firms, transport logistics, advertising agencies, cargo monitoring, shipping, pharmaceutical manufacturing, engineering, oil & gas, customer service, telecommunications, military, travel, healthcare, ICT, media, government parastatals and agencies.
By Aduragbemi Omiyale
An institutional investor, First Ally Capital, has strengthened a leading Nigerian financial technology company, Mathesis Analytics, to scale its proprietary credit decisioning infrastructure.
It made this possible by injecting fresh capital into the firm, which specialises in AI-powered credit decisioning infrastructure, an action that will directly support the growth and scaling of Mathesis’ core mission of providing the intelligence and infrastructure needed to bridge the credit gap for millions of unscored or underscored individuals across Nigeria.
With this investment, Mathesis will enable financial institutions to confidently assess and extend credit to borrowers who lack a formal credit history by leveraging an expanded pool of alternative behavioural and transactional data.
To date, Mathesis’ systems have supported more than 8 million loans for over 2 million unique borrowers in Nigeria, and the company is actively deploying its infrastructure to establish a growing pan-African footprint.
With the investment from First Ally Capital, Mathesis is well positioned to transform how the credit ecosystem operates, driving financial inclusion in partnership with lenders across the continent.
A significant barrier to credit access in Nigeria, which prides itself on being Africa’s largest economy, is data fragmentation. Borrowers frequently build positive financial behaviours across multiple digital platforms by repaying microfinance loans, saving through fintech wallets, or servicing Buy Now, Pay Later (BNPL) facilities.
However, under traditional credit infrastructure, these achievements remain invisible to new lenders.
Mathesis addresses this challenge through the concept of Personal Equity—the quantified expression of an individual’s financial behaviour aggregated across every institution with which they have transacted.
By translating these disparate signals into a precise, portable measure of creditworthiness, Mathesis creates a comprehensive credit identity that reflects the full breadth of a person’s financial life.
“True financial inclusion cannot be achieved in a vacuum; it requires structural collaboration in which lenders and fintech companies work as partners within the ecosystem.
“This investment from First Ally Capital validates our approach to reshaping credit infrastructure. By quantifying Personal Equity, we empower lenders to safely look beyond the constraints of formal credit histories and recognise a borrower’s true creditworthiness. This capital enables us to accelerate our pan-African expansion while maintaining the robust, institutional-grade infrastructure our partners rely on,” the chief executive of Mathesis Analytics, Winston Osuchukwu, stated.
On his part, the chief executive of First Ally Capital, Mr Ebenezer Olufowose, said, “At First Ally Capital, we pride ourselves on being a one-stop destination for financial solutions, offering a diverse portfolio of services ranging from investment banking and asset management to trusteeship, inclusive banking, and real estate.
“Our investment in Mathesis Analytics reflects our strong belief in the company’s vision and our commitment to supporting forward-thinking enterprises that deliver excellence.”
By Aduragbemi Omiyale
The chief executive of Canal+ Africa, Mr David Mignot, has disclosed that MultiChoice is now fully integrated into the media group.
Mr Mignot disclosed this via a statement issued on Thursday, noting that this development marks a new phase in the evolution of one of Africa’s leading pay television operators.
He noted that the integration positions MultiChoice within a global media organisation with an extensive international footprint.
“MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries. The group was founded in France, is listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries,” Mr Mignot said.
The statement underscores the scale of the combined business, highlighting Canal+’s global reach alongside its significant investments across Africa.
The completion of the transaction is expected to strengthen MultiChoice’s position in the African media and entertainment market by giving it access to the broader resources, expertise and international capabilities of the Canal+ Group, while reinforcing the group’s commitment to the continent.
MultiChoice operates across sub-Saharan Africa through platforms including DStv and GOtv, serving millions of subscribers with entertainment, sports and news content.
By Adedapo Adesanya
FoodCourt, a Nigerian cloud kitchen startup backed by Y Combinator, has suspended operations after months of unpaid salaries and mounting debts to vendors triggered a staff strike and forced the company to halt customer orders, according to a report by TechCabal.
The publication reported that customers first noticed on March 4 that they could no longer place orders through the FoodCourt app after the company disabled ordering as kitchen workers, delivery personnel and branch staff embarked on strike over unpaid wages. The company also owed outstanding payments to vendors.
By April 19, FoodCourt had temporarily shut its last operating branch after suspending activities across its Lagos and Abuja locations while seeking fresh funding and restructuring the business, according to the report.
The company’s chief executive, Mr Henry Nneji, said the decision to pause operations was not caused by a single issue but by a combination of operational, organisational and working-capital challenges.
“It’s important to clarify that the decision to pause operations wasn’t driven by one single issue. We reached a point where it became clear that continuing to patch those issues while operating wasn’t the right long-term decision,” he said.
“The objective is to build a stronger business than the one that existed before the suspension. We fully intend to bring FoodCourt back,” he added in an emailed response.
The company acknowledged outstanding obligations to employees, vendors, riders and service providers, but declined to disclose the number of affected workers or the total amount owed. It said efforts were underway to resolve the liabilities as part of its restructuring process.
It was also reported that the startup’s financial difficulties worsened after expansion into additional locations increased operating costs, while its cloud kitchen model came under pressure from rising labour, logistics, food and marketing expenses.
Despite the shutdown, Mr Nneji said FoodCourt intends to relaunch after completing its restructuring, adding that the company believes demand for its products remains strong.
Founded in 2021 by Henry Nneji and Paul Adokiye Iruene, FoodCourt operates cloud kitchens under multiple virtual restaurant brands through its consumer app. According to TechCabal, the startup had previously disclosed raising $1.7 million, delivering more than one million meals and reaching $4.3 million in annual recurring revenue by the end of 2024.
