Firm Develops Business Accounting Software for   MSME 

Emma Okonji

ProbityBooks.com has developed a business accounting software that will further improve efficiency and drive growth within the micro, medium, and small enterprises (MSME) business in Nigeria.

The co-founder of ProbityBooks.com,  Mr. OlusholaOgunniyi, assured Nigerians that the company’s software would boost the business growth of MSMEs in Nigeria, since it a software as a service platform, ‘’SaaS’’, which a user can register for a 15-day trial account on ProbityBooks.com or  can request a complementary demo presentation to be done on their premises.

The software is an all-in-one accounting solution designed to manage book keeping, invoicing and inventory for business owners that cannot afford hiring full-time accountants or as a complement to the roles of accountants and book keepers.

In a recent interview with the media in Lagos, Ogunniyi said that the biggest users of Probitybooks were business owners, who want an easy-to-use tool to generate and send invoices, keep track of their business performance, update prices remotely and monitor their sales.

He assured Nigerians that business owners that use Probitybooks could enjoy a real-time, bird-eye view of their business metrics from a single dashboard as the software is a cloud-based solution. Ogunniyi noted that while ProbityBooks is designed as a cloud-based solution, the developers understand the possibilities of internet downtime at the locations of users.

To accommodate this peculiar challenge, ProbityBooks software is available as both cloud-based and self-hosted solutions, he said, while advising that accountants and book keepers that work as consultants to MSMEs should encourage their clients to adopt ProbityBooks instead of paper-based solutions. He noted that this will enable organisations to automate their accounting and book keeping processes, thereby saving the company on endless manual tasks.

Speaking on the features of ProbityBooks, the Chief Technology Officer of the company, AdimulaTayo noted that the accounting solution was best suited for the need of most Nigerian businesses as it is built 100 per cent in Nigeria to solve local challenges. One of such use cases is that business can run self-hosted and online versions of the software simultaneously and easily synchronise the data to the web real time as soon as internet access is restored.

 He also added that the software was customised such that accountants and auditors could easily work with the exportable data to automate their job functions. According to global trends, most businesses fail because of poor accounting or poor record keeping. Solutions like Probitybooks can be seen as a way for these businesses to overcome this challenge.

The business development manager of ProbityBooks, Ope Adelaja, said his experience with business accounting has helped to develop a truly innovative accounting solution for the market. He recommended the software as the best tool for financial institutions like Bank of Industry (BoI) or any organisations that give out loans to use to monitor performance of their loans.

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