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SAP Business One Solution Displayed at LEAP Africa CEOs Forum

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SAP West Africa in collaboration with one of its partners, Hartford Green Consulting showcased the SAP Business One Solution at the 10th Leap Africa CEOs Forum, which held in Lagos during the week.

A recognized annual event in the Small Medium Enterprise circle, the forum attracts over 800 guests annually including SME founders, captains of industries, CEOs and Managing Directors drawn from different sectors of the economy and public sector officials.  The theme of this year’s forum was Staying ahead: Maximizing Profits and Mitigating Risk.

The Forum initiated in 2005, brought together entrepreneurs, CEOs of top corporations and indigenous companies, risk management experts from different sectors as well as local and international speakers to share knowledge and insights that will equip entrepreneurs to build sustainable local businesses that continue to yield value for generations.

Explaining the rationale for participating, Kelechi Nwosu, channel director, SAP West Africa, said: “In this era of trade globalization, organizations are constantly seeking ways to improve performance and remain competitive.  SAP is a global leader in Enterprise solutions delivery and has over the years worked with organizations of different sizes to become more innovative, this has helped redefine the competitive landscape and also help them run better.”

“We recognize that SMEs play an important role in the growth and development of every economy and are committed to supporting the growth of this sector in Nigeria working with our partners.  SAP offers best in class solution for SMEs and Enterprises alike.  Our alliance with Leap Africa is a justification of our commitment to make a difference in the SME space.  The best run businesses run SAP,” he added.

The SAP Business One application is business management software that caters to small and mid-sized businesses.

A complete and customizable solution, the single, integrated solution provides clear visibility into the entire business and complete control over every aspect of business operations.

It captures all critical business information for immediate access and use company-wide.

Unlike accounting packages and spreadsheets, it delivers what is needed to manage key business areas such as accounting and finance, sales and customer management, purchasing and operations, inventory and distribution, reporting and administration.

SAP Business One is designed with flexibility in mind because every business is different.  Whether it is deployed in the office or in the cloud, it can be accessed from the road using SAP Business One mobile app. 

What’s more, employees can start using it from day one.  And as the business grows, you can customize and extend SAP Business One to meet your evolving needs.

Ade Adenuga, managing partner, Hartford Green Consulting said, “The SAP Business One application offers an affordable way to manage your entire business – from sales and customer relationships to financials and operations.  Designed specifically for small businesses and sold exclusively through SAP partners like Hartford Green Consulting, it helps you streamline processes, capture all of your business information in a single, scalable system, act on timely information and drive profitable growth.”

He added that the SAP Business One application is trusted by over 47,000 companies in 150 countries and can be deployed on premise or in the cloud in as little as 2 to 8 weeks.

The Forum provided CEOs of SMEs with practical tips for organizational growth and sustainability, foster sharing of best practices in entrepreneurship, enable SMEs identify and mitigate risks to promote business growth and provide networking opportunities for partners, sponsors, invited guests and participants – to interact and discover prospects and challenges for SME growth and development.

Earlier in his keynote address at the forum, Dharnesh Gordon, managing director, Nestle Nigeria PLC said Nigeria has very creative entrepreneurs with a passion to win, and warned that a crisis is a terrible thing to waste if the entrepreneur cannot learn from it, because business is about learning.

He urged entrepreneurs to continue to innovate as a new way of doing business lies in the innovation process.  “Crisis and risk is exactly what life is about. You have to continue to innovate and in the innovation process is a new way of doing business.  Embracing risks should be the DNA of every entrepreneur, so embrace it as an opportunity to learn.”

Abubakar Suleiman, executive director, Finance and Strategy, Sterling Bank in his presentation on managing financial and currency risks in the Nigerian and global business landscape, said, “The world is now a global village and there is a growing contagion of risk of international development on local or national businesses,’’ and charged entrepreneurs to always seek advice on issue of foreign exchange as recent currency devaluation and rising interest rates have grave implications for the business sector.

Speaking on importance of insurance and other formal risk mitigation strategies in protecting businesses, Oluwole Oshin, founder and managing director, Custodian and Allied Insurance Plc, explained that insurance transfer or shared risk could make the difference between a growing concern and bankruptcy, while emphasising, “ As SMEs, you cannot do much without transferring your risks’’.

Other renowned speakers such as Clare Omatseye, managing director/chief executive officer, JNC International and President, Healthcare Federation of Nigeria, Adepeju Adebajo, Managing Director at Lafarge Cement Wapco Nigeria, amongst others spoke at the event.

These presenters with key insights spoke on handling financial management and currency risks in the Nigerian and global business landscape, managing supply chain, operations and sales risks in Nigerian business landscape, importance of insurance and other formal risk mitigation strategies in protecting businesses as well as building a culture of risk management: thinking one step ahead.

Since its launch in 2005, the CEOs Forum is reputed as a platform for exposing business owners to the importance of succession planning, instituting effective systems, structures and ethical leadership within their organizations to ensure long term sustainability.

To date, the CEOs Forum which fosters the exchange of ideas and best practices, has attracted over 3400 business owners, chief executives, directors, managers, as well as leaders in the public and non-profit sectors.

SAP is the world leader in enterprise applications in terms of software and software-related service revenue.

With a 43-year history of innovation and growth as a true industry leader, we are the world’s third largest independent software manufacturer based on market capitalization.

Hartford Green Consulting, on the other hand, has been an acredited SAP Channel Partner since 2008, and has delivered SAP projects for organisations in virtually all sectors and industry verticals including Oil & Gas, Defence, Public Sector, and Financial Services.

Hartford has a specialist team delivering successful SAP Business One projects to the Nigerian SME sector to build value, manage risk and improve performance…

 


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E-Business

Paga Hits N14tri Transactions Value in 15 Years

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Paga, a payments and financial services provider for Africa has processed transactions value to the tune of N14trillion in the last 15 years of its existence.

Tayo Oviosu, chief executive officer, Pagatech, said at a media interaction to mark the company’s 15 anniversary that 80 percent of the amount was done in the last five years.

“When we celebrated 10 years of our business that was five years ago, we have grown our transactions values by 7 times, across the three business arms of our operation which includes; consumer payments, platform as-a-services and super App for retailers.

“This has translated into job creation as we have created over 1,000 direct jobs in Ethiopia and in Nigeria and indirect jobs through our agent network to about 100,000 jobs, this is economic empowerment of Nigerians.

“Our desire is giving people financial freedom and making life possible for them and impacting on our community. We are really proud of our economic achievements and we are making sure that our customers get the best experience.

“We are super excited about what the future holds for our business. Our vision is a world where cash does not exist anymore. We ensure that our customers’ money is safe by complying with the highest global security standards.

“Our focus is on helping both consumers and sellers pay, get paid, and access financial services. We do this directly; and through our Platform-as-a-Service, which enables other third parties to leverage the deep infrastructure we have built for endless possibilities.

Oviosu, further explained the three business lines Paga has transformed into from a mobile money operator from inception to a financial services provider includes; Consumer payment: where anyone can open a Paga account from any type of phone, by download Paga App from Apple or android store or dial *242# from any type of phone device.

“With Paga app, you can fund the account, make payments and also have a physical Visa card or a virtual Visa card on the account. This gives you significant convenience over other bank accounts we have in the market today.

You can send money into that account from any bank account or walk into any bank branch to fund the account. You can as well go to any agent and fund or make transactions from the account,” he said.

He added that when he started the business 15 years ago, there was no infrastructure, “we had to build the required infrastructure to support the business. Two years ago, we opened our infrastructure to allow other technology companies to use it for their own business. We called this Platform as a Service. With Platform as a service we are serving 150 businesses who are using our infrastructure to execute their own businesses.

“The third arm of our business is what we called Doroki this a different brand which is super App for retail business. If you are a supermarket you use it to manage your inventory among others. This is the youngest arm of our business” he noted.


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FG to Fnalise National Intellectual Property Policy  Soon– NCC Boss

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Dr John Asein, director-general, Nigerian Copyright Commission (NCC), has said that the federal government is taking steps to finalise its National Intellectual Property (IP) Policy and Strategy for the country.

FG to Fnalise National Intellectual Property Policy  Soon– NCC Boss

Asein disclosed this on Friday while commemorating the 2024 World Intellectual Property Day with the theme “IP and the SDGs: Building Our Common Future with Innovation and Creativity’’ in Abuja.

The that the Day is observed every April 26 to celebrate the importance of intellectual property (IP) rights to encourage innovation and creativity.

The director-general was represented by  Mr Emeka Ogbonna, director of Legal.

NCC boss said the policy would serve as a blueprint for a more efficient modern and responsive legal and administrative framework for the country to leverage on its creative and innovative potential.

He said that the day underscored the power of innovation and creativity in achieving the Sustainable Development Goals (SDGs) and shaping a sustainable and inclusive future for humanity.

According to him, the SDGs represent a universal call to action to end poverty, protect the planet, and ensure prosperity for all by the year 2030.

“IP rights play a pivotal role in fostering innovation, creativity, and technological advancements. They provide the framework that encourages men and women to develop new solutions that address global challenges.

“It is the lynchpin for incentivising the use of creative and innovative ideas to solve many of the challenges that confront humanity.

“This year’s World IP Day reminds us that intellectual property can be a powerful tool for social, economic, and environmental development.

“It encourages individuals, businesses, and governments to leverage IP rights to drive innovation, create jobs, and build resilient communities.

“By aligning our intellectual property policies and strategies with the objectives of the SDGs, we can accelerate their achievement,’’ NCC boss said.

He said in the spirit of the “Renewed Hope Agenda’’ of the present administration, government had also shown appreciable commitment to the creative industry as a major sector of the economy.

“As one of the agencies responsible for the wholesome development of the creative sector, the Nigerian Copyright Commission will continue to provide the needed institutional, legal and administrative support for the protection, promotion, regulation and enforcement of copyright.

“The commission will pay particular attention to using the copyright system to advance Goal 1 (No poverty); Goal 4 (Quality education); Goal 5 (Gender equality).

“And Goal 8 (Decent and economic growth); Goal 9 (Industry, innovation and infrastructure) and Goal 17 (Partnerships to achieve the goals).

“We are aware that the goals would have to be adapted to fit the peculiar needs of intellectual property which is an intangible asset.’ ’he added.

The director-general, who said that the commission focused on the 17 SDGs to address emerging challenges, called on authors, innovators, users, IP experts and other stakeholders to reflect on the vulnerability of the nation’s fragile knowledge and creative ecosystem.


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NITDA, ICF Train 100 Schoolgirls in ICT Skills

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The National Information Technology Development Agency (NITDA) and Illmi Children’s Fund (ICF) have trained 100 schoolgirls in digital and Information and Communication Technology skills training.

Mrs. Maryam Augie-Abdulmumin, ICF Executive Director, confirmed this in a statement on Thursday in Lagos.

The graduation followed the training of the schoolgirls in ICF and NITDA’s DIGITGALS 2.0 programme, a collaborative initiative aimed to equip adolescent girls in Abuja with critical digital and ICT skills.

Augie-Abdukmumin said the DIGITGALS 2.0 centred around essential digital literacy, programming fundamentals, digital marketing and communication skills, and cybersecurity awareness.

She added that the girls were equipped with the confidence to compete and excel in a globalised digital economy. The graduation was in commemoration of the 2024 International Girls in ICT Day celebration on April 25.

DIGITGALS 2.0 is in its second phase and empowered 100 senior secondary school girls selected from five government schools in the Federal Capital Territory.

The girls aged between 15 and 18 years were equipped with the knowledge and tools needed to thrive in the digital world and address the growing demand for ICT skills in the 21st century.

Augie-Abdulmumin reiterated the importance of bridging the digital gap in the country starting with the girl-child.

“This graduation ceremony on International Day of Girls in ICT is a powerful symbol of our commitment to closing the digital gender gap.

This programme made possible through our partnership with NITDA, and signifies a crucial step towards bridging the digital gender gap.

It also fostering a future where women are active leaders in the tech industry. This is also an opportunity for these girls to take charge of their own future,”.

Mr Kashifu  Abdullahi, the Director-General of NITDA, commended the collaborative efforts of ICF in making the DIGITGALS 2.0 a reality.

According to him, building a diverse and inclusive digital workforce is critical for Nigeria’s success.

“We are proud to collaborate with ICF on DIGITGALS 2.0 to empower these young women to become active participants in the tech industry. This programme showcases the importance of collaborative efforts in bridging the digital gender gap.

These girls have been equipped with essential digital skills, and ICF and NITDA are confident they will become active contributors to Nigeria’s thriving tech landscape,”.

ICF is a non-profit organisation dedicated to improving the lives of children, from underprivileged backgrounds, through education, healthcare, technology and entrepreneurship initiatives.

NITDA is a public service institution established in 2007. It functions as the ICT policy implementing arm of Nigeria’s Federal Ministry of Communication and Digital Economy.


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