Sage has unveiled two software solutions designed to give SMEs freedom to run their businesses anywhere, anytime in Nigeria. The two software solutions are Sage One Payroll and Sage One Invoicing
In a released statement, Sage explained that Sage One Payroll integrates seamlessly with the more popular Sage One Accounting.
Sage One Payroll is a cloud-based solution that can be accessed round the clock and caters for local tax and legal requirements. It allows unlimited earnings – owed to employees, and deductions – what the employee owes. SME owners can easily calculate their employees’ net salaries or wages, as well as deductions such as Pay-as-You-Earn (PAYE) and contributions to National Housing Fund (NHF), National Health Insurance Scheme (NHIS), pension and life insurance.
Sage One Accounting makes it easy for sole traders, self-employed consultants and other micro-business owners to produce professional quotes and invoices.
“We aim to make tasks such as admin and red tape invisible by 2020 so that businesses of all sizes can focus on their business strategy, their customers and following their dreams,” said Magnus Nmonwu, Regional Director for Sage West Africa. “This is why we place a huge emphasis on automating those tasks that business builders enjoy the least.”
Core features in Sage One Payroll include easy to use templates that allow employers to simply sign up, add employees and start processing within 5 minutes. Organisation can access data from the cloud which means that their data is available online, anywhere, anytime. Sage One Payroll also takes care of payroll legislation like Personal Income Tax Act.
Sage Invoicing on other hand provides real-time reports and dashboards so customers can monitor the outcome of quotes, track due and overdue invoices. They can also monitor gross profits and identify popular and fast-selling items.
“Business builders can save hours or paperwork each month, so they do not spend their weekends compiling invoices, issuing quotes or doing reconciliation,” Nmonwu said.