Connect with us

E-Business

Sage Shares How Smart Bots Will Simplify Life as a Business Owner

Published

on

sage.jpg
Kindly share this post

Meet Pegg, the personal trainer for your business. Pegg will log your expenses and file your receipts for you, with no fuss at all. Pegg can tell you what you’ve spent or earned for the month and remind you instantly who owes you money.

The most remarkable thing about Pegg isn’t the financial skills and super-sharp memory, but the fact that it is a smart bot that lives on your smartphone or computer. The chat bot is the first in the accounting industry and allows you track expenses and manage finances through messaging apps such as Facebook Messenger and Slack.

“The arrival of bots like Pegg, machine learning and ever-more sophisticated forms of artificial intelligence is all about ways to make technology more approachable, fun and powerful for the entrepreneurs and business builders of today and tomorrow,” said Anton van Heerden Executive Vice-President, Africa & Middle East at Sage, speaking ahead of Africa’s first ever BotCon (www.BotConAfrica.com), to be held in Johannesburg on 18 November.

Pegg hides the complexities of accounting and lets entrepreneurs manage finances through conversation, making the process as simple as writing a text. By digitising information at the point of capture, it takes away the pain of filing receipts and expenses, eradicating the need for paper and data entry.

Van Heerden said: “Smart bots, alongside the affordability of cloud-based business applications, is one of the trends that we can expect to dramatically change how business builders work in the future. These bots are not about replacing human beings like accountants or bookkeepers, but rather about making it easier for them to get the most from technology.”

In South Africa and across the rest of the continent, we can expect to see bots pop up in applications such as education, healthcare, customer support and personal financial management, adds Van Heerden. For example, a mathematics tutor bot could provide schoolchildren with after-hours help when they’re struggling with their homework.

A South African support network for pregnant women, MomConnect, uses Facebook’s Messenger bot to answer specific questions relating to maternal healthcare.

Says Kriti Sharma, Sage’s 27-year-old VP of Bots and Artificial Intelligence, and the mastermind behind Pegg: “Users can say ‘spent R50 on post-it notes at Game’ to enter expenses and can ask questions like ‘how much money did I make last year in October?’ or ‘who is my best customer?’. Some of the most dull, unexciting administrative functions can be the best use cases for bots.”

Van Heerden concludes: “There are more than 50 million active Facebook users in Sub-Saharan Africa. This is an exciting time for entrepreneurs and their accountants. Smart technologies are simplifying business applications and they make it possible for organisations to focus on the things that truly add value to the business.”

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

E-Business

Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

Published

on

Kindly share this post

Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.

The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.

In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.

Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.


Kindly share this post
Continue Reading

E-Business

Microsoft Servers Hacked by Chinese Groups

Published

on

Kindly share this post

Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.

Microsoft Servers Hacked by Chinese Groups

 

China state-backed Linen Typhoon and Violet Typhoon as well as China-based Storm-2603 were said to have “exploited vulnerabilities” in on-premises SharePoint servers, the kind used by firms, but not in its cloud-based service.

The US tech giant has released security updates in response and has advised all on-premises SharePoint server customers to install them.

“Investigations into other actors also using these exploits are still ongoing,” Microsoft said in a statement.

The firm said it had “high confidence” the hackers would continue to target systems which have not installed its security updates.

It added that it would update its website blog with more information as its investigation continues.

Microsoft said it had observed attacks in which hackers had sent a request to a SharePoint server “enabling the theft of the key material by threat actors”.

Charles Carmakal, chief technology officer at Mandiant Consulting firm, a division of Google Cloud, told reporter, it was “aware of several victims in several different sectors across a number of global geographies”.

Carmakal said it appeared that governments and businesses that use SharePoint on their sites were the primary target.

A number of adversaries who stole material encoded by cryptography were then able to regain ongoing access to the victims’ SharePoint data, he said.

“This was exploited in a very broad way, very opportunistically before a patch was made available. That’s why this is significant,” Carmakal said.

Carmakal said the “China-nexus actor” was deploying techniques similar to previous campaigns associated with Beijing.

Microsoft said Linen Typhoon had “focused on stealing intellectual property, primarily targeting organizations related to government, defence, strategic planning, and human rights” for 13 years.

It added that Violet Typhoon had been “dedicated to espionage”, primarily targeting former government and military staff, non-governmental organizations, think tanks, higher education, the media, the financial sector and the health sector in the US, Europe, and East Asia.

Meanwhile, Storm-2603 was “assessed with medium confidence to be a China-based threat actor”.

 

 

 


Kindly share this post
Continue Reading

E-Business

NIMC Warns Nigerians of Fake NIN Website

Published

on

Kindly share this post

National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.

NIMC Warns Nigerians of Fake NIN Website

According to the commission, the website has been circulating online to offer services for Nigerians seeking National Identification Number (NIN) services.

NIMC, in a post on its official X account on Wednesday, said, “NINcard.com is not in anyway affiliated to NIMC. Stay vigilant!”

The warning was accompanied by screenshots of fake payment receipts and OTP request pages from the website, both of which were boldly stamped “FAKE” by NIMC to alert the public.


Kindly share this post
Continue Reading

Trending