SystemSpecs Limited, one of the nation’s leading IT solutions provider, has released its Remita SME Suite for Small and Medium Enterprises (SMEs) in the country.

The SME Suite enables them to manage their financial transactions, ranging from funds collection to payments and payroll in a more convenient, data-driven and more efficient manner.

The IT financial solution helps enterprises to their markets, get paid easily for goods and services through multiple channels, including bank branches, electronic banking, debit/credit cards and mobile wallets; boost profit margins; seamlessly manage employee affairs; keep organisational and transactional records; and ultimately access SME loans.

Speaking on the purpose of the service, the company’s Managing Director, John Obaro, said that the Remita SME Suite would assist SMEs to grow and innovate in a sustainable and profitable way, which would not only drastically turn around the user SME but also position them to add greater value to the Nigerian economy.

He explained: “With this service, more businesses would be able to scale to the next level and extend their frontiers of operation while also making profit. By so doing, they would be able to contribute even more to the advancement of our collective lot.”

According to him, the Suite is available for sign-up on the Remita website and with it SMEs in any part of the country will, after signing up, be able to receive funds from customers everywhere at any time of day, make payments from any bank account to vendors and suppliers without stress, and manage payroll end-to-end – all on the same platform, at an affordable cost.

Obaro explained that by adopting this service, forward-SMEs would be properly positioned to attract opportunities for business expansion.

Making further clarification on the technology that drives the service, SystemSpecs’ Executive Director and Chief Technology Officer, Dr. Emmanuel Eze, said: “Based on several years of excellence, Remita continues to facilitate the transformation of the finances of thousands of businesses across Africa, managing their payment, collection and payroll processes in an integrated manner.”

“Remita is intuitive, user-friendly and deliberately built to suit the expectations of small and medium-sized businesses. It is targeted at meeting their needs just the way they want it”, the IT expert added.