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Sage One Payroll for Launch in Kenya, Nigeria

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Sage One Payroll for Launch in Kenya, Nigeria

Sage One Payroll for Launch in Kenya, Nigeria

**Unveils Next Generation of Cloud Solutions

By Modupe Gbadeyanka

The acclaimed market and technology leader for integrated accounting, payroll & HR, and payment systems, Sage, today announced new products and features that will take Africa and Middle East’s business builders and entrepreneurs closer to a world where admin is invisible.

It made the announcements at Sage Summit Tour in Johannesburg South Africa.

From industry-leading cloud and desktop accounting and payroll software for start-up companies to fully integrated business management solutions for large enterprises, the new product announcements from Sage enable organisations to streamline admin and make better business decisions.

Key product launches and developments announced included Sage Live, Sage One Payroll in Kenya and Nigeria, Sage X3 with Cloud deployment and Fast Start configuration options.

“Sage’s vision is to empower entrepreneurs and business owners to spend less time on admin and more time on what they love doing,” said Anton van Heerden, Managing Director and Executive Vice-President, Africa & Middle East at Sage. “We see our customers as the heroes that build the region’s economy and we are giving them the tools and technologies they need to be successful.”

Built on the Salesforce Lightning user interface, Sage Live is a powerful, customisable, and cost-effective cloud accounting solution for scale up businesses.

Customers can manage multiple locations and currencies all in the palm of their hand, while taking advantage of the add-on solutions available on the Sage market place and the Salesforce App exchange. Sage Live will be available to business builders in South Africa later this year.

Meanwhile, Sage plans to launch Sage One Payroll in Kenya by end-March and in Nigeria by end-June.

The cloud solution integrates smoothly with Sage One Accounting, offering a complete business solution for start-up and small businesses.

Easier than spreadsheets, Sage One is the essential online accounting and payroll solution for start-up businesses. It lets companies conveniently manage everything from sales and purchasing to cash flow and taxes.

It offers online invoicing and allows collaboration with the bookkeeping or accounting team from anywhere.

Sage One Invoicing

The new online entry level offering of Sage One Accounting, Sage One Invoicing, will be launched in sub-Saharan Africa by the end of April. It gives start-ups the ability to produce professional quotes and invoices from a mobile device or PC, at any time or place they have access to the internet. It also provides reports and dashboards to monitor the outcome of quotes, and track due and overdue invoices.

In addition, a Customer Zone provides customers with the ability to easily pay invoices by activating a secure Pay Now service through Sage Pay. Full reporting is available to monitor gross profits and identify popular and fast-selling items. Customers can upgrade to the full Sage One solution as their business needs change.

Sage X3 Version 11

The latest release of Sage X3 is an open and modular solution for companies who want to move away from maintaining their own data centres. There are no hidden costs as it is priced per user per month and includes upgrades and maintenance.

It gives enterprises even more control over and visibility into their businesses with features such as ecommerce management, manufacturing project management, automated bank statements and a Salesforce CRM connector.

Sage X3 Version 11 also introduces a rapid implementation methodology called Sage X3 Fast Start. This enables growing enterprises to deploy a preconfigured Sage X3 solution with the financial and distribution modules in a matter of weeks rather than months.

The solution is ideal for businesses that have less complex processes and that are open to adopting best practices from a business management solution—for example, companies in the services sector. It delivers a solid, integrated enterprise backbone, which gives organisations the freedom to plug in modules for extra functionality as and when they need them.

Sage 300c

The smart choice for growing services and distribution businesses, Sage 300c is a hybrid web-based business management solution suite that provides small and medium businesses with a highly adaptable solution for finance and operations.

New enhancements include any-device mobile access to business and transactional data, critical to supporting today’s increasingly mobile and geographically dispersed operations, as well as a new modernised interface, customisation options, and inventory management capabilities.

Independent Software Vendors can look forward to the new Sage 300c web APIs to help accelerate the products into the Cloud.

Sage Summit

During the Summit, customers and business partners will also see new technology in action, such as Pegg, the world’s first accounting chat bot from Sage that helps business owners to track and manage expenses through popular messaging apps.

Launched in 2016 in Beta, Pegg now has 20,000 users in 110 countries and is part of the company’s vision of leading business builders towards an “invisible accounting” environment so they can focus on building their business.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Technology

Starlink is Now Available in Nigeria—SpaceX Confirms

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Starlink is now available in Nigeria

By Modupe Gbadeyanka

Nigerians and tech startup owners can now heave a sigh of relief as Starlink is now available in Nigeria, according to SpaceX.

The internet service provider is owned by a billionaire businessman and owner of Twitter, Mr Elon Musk.

The federal government held meetings with the management of the company to introduce its services in Nigeria. The network was earlier expected to commence its operations in the country last month.

However, after the wait, SpaceX has confirmed the availability of the Starlink network in the country and would be expected to take a huge chunk of the broadband market with competitors like MTN, Glo, Airtel, 9mobile, Smile, Spectranet, and Swift.

Nigeria is the first African country to receive Starlink service.

“Starlink is now available in Nigeria, the first African country to receive the service,” a message posted on the Twitter handle of SpaceX on Monday night stated.

Starlink, according to its profile on Wikipedia, is a satellite internet constellation operated by SpaceX, providing satellite Internet access coverage to 47 countries. It also aims for global mobile phone service after 2023.

With Starlink, users can engage in activities that historically have not been possible with satellite internet, as its high-speed, low-latency service is made possible via the world’s largest constellation of highly advanced satellites operating in a low orbit around the Earth.

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Technology

CBN Gives Interswitch Payments Service Holding Company License

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Interswitch

By Aduragbemi Omiyale

A Payments Service Holding Company (PSHC) license has been granted to Interswitch Group by the Central Bank of Nigeria (CBN).

This followed an earlier announcement by the CBN regarding new licensing categories for participants in the Nigerian payments system.

The integrated payments solution provider is among the first to receive this authorisation from the country’s apex bank.

According to the regulator, the PSHC regulation requires companies with existing or prospective operations across multiple license categories to set up a PSHC. The activities of each of the PSHC subsidiaries operating within those respective licensing regimes are clearly delineated for clearer accountability, effective risk management and the enablement of better regulatory oversight by the CBN.

A statement from Interswitch, a leading financial technology in Africa, outlines that Interswitch’s Group Holding Company retains ownership of the PSHC in Nigeria as well as its other subsidiaries outside of Africa.

The issuance of the PSHC licence coincides with Interswitch’s 20th-anniversary commemoration, which has seen the company cement its position as a pioneering and integral enabler that has actively supported the growth and development of fintech and payments progressively across Africa over the last 20 years.

It also serves to reinforce Interswitch’s progressive outlook as a frontier-driving company which keeps pushing boundaries to facilitate the creation of new ecosystems that help businesses and individuals scale and thrive, in line with its purpose of inspiring Africa to greatness through innovation, value-creation and excellence.

“Twenty years ago, we placed a bet on the latent potential we saw in the introduction of e-payment channels at the time, particularly ATMs for the delivery of cash just-in-time, and today, we are gratified to see how far the financial technology and payment systems in Nigeria have grown.

“On the back of our receipt of this additional license, we remain strongly committed to a close partnership with the Central Bank of Nigeria to facilitate the delivery of the Payments Vision (2025) and, of course, the National Financial Inclusion Strategy,” the founder and Group CEO of Interswitch, Mr Mitchell Elegbe, remarked.

He further reiterates Interswitch’s resolute focus on its over-arching mission to continue championing technology solutions that connect and empower individuals, businesses, and communities across the continent.

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Technology

Mafab Rolls Out 5G Services in Nigeria

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Mafab 5G Network

By Aduragbemi Omiyale

Another player has joined the 5G network space in Nigeria, and it is Mafab Communications Limited, which won the licence with MTN Nigeria Plc in December 2021.

After it obtained the licence from the Nigerian Communications Commission (NCC) for $273.6 million, it delayed its rollout, while its competitor, MTN, started in August in a few cities.

Business Post reports that Mafab on Tuesday held a ceremony at the International Conference Centre (ICC), Abuja, to commence operations in the country, promising to deepen broadband penetration.

“We are fully committed to bringing the benefits of 5G services to Nigerians and deploying a network that will drive economic development with increased broadband capabilities nationwide.

“I have no doubt that the service will help deliver improvements in the fields of education, business, smart cities and entertainment,” the Chairman of Mafab, Mr Mushabu Bashir, said.

It was gathered that Mafab would largely use existing infrastructure from IHS towers and, if need be, ATC Nigeria Wireless Infrastructure Solutions as well for its operations.

Recall that last month, the NCC again auctioned the 3.5GHz spectrum, which was won by Airtel Nigeria, which intends to launch its operations very soon.

It is not certain how much the Mafab 5G network services would cost. When MTN rolled out its 5G services last year, it sold the device for N50,000 and asked interested customers to pre-order the 5G router.

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