As your business grows and expands, it becomes harder to know your customers personally and keep up with what they are doing. But this does not in any way excuse not knowing your customers. Verifying your customers' identity is a principal part of protecting your business from fraud and liability. But it doesn’t end there.Read Story
Why? Because your customers have to pay you. The reason is quite plain and needs no padding. Payment has moved from what it used to be a few years ago, and the movement has not stopped. Plus people are responding to this move differently. While some are picking up fast, some are okay with the ancient ways.Read Story
You already know I’m not talking about keeping a random notebook safe, and this record does not even have to be a book. The idea of bookkeeping is that nothing goes out or comes in without it being on record. Regardless of the size of the business, bookkeeping is essential for tracking all financial transactions.Read Story
We have upgraded our platform to include the Airtime PIN generation feature. This feature allows you to generate airtime PINs which you can then print out as recharge cards. In this article, I will be taking you through the PIN generation process step by step.Read Story
Financial statements, also known as financial records, detail the financial activities of an organisation. The questions financial statements answer are What happened to the money? and Where is the money? Both sound like the same thing, right? Well, dealing with business money will show you they are very different.Read Story
In starting a business, it helps to be familiar with some basic concepts that you can apply to ascertain the financial health of your business. Of course, as time goes on and your business expands, you will not continue to manage your business finances.Read Story
We hear several reports of fraud cases against customers, but many companies also fall victim from time to time. And it remains a leading cause of business failure all over the world. Most businesses have been victims of fraud at some point. And SMEs are more vulnerable to fraud because they have to be open and flexible enough to ...Read Story
Money exchange remains at the core of every business. Even non-profit organisations still have to deal with cash flow - their inflow is just not profit-driven. In running a business, it is necessary to understand the concept of cash flow and its relevance in financial planning and management.Read Story
The popularity of the POS machine has been growing in recent years. This is because it is convenient for the user to get what they need without worrying about cash at hand. And it can be discouraging for them to come to your store and realise they don't have the option of paying with their card.Read Story
Nigeria is not prone to natural disasters, but the fire service is also not likely to respond when you call. Regardless of the location and size of the business, a BCP is necessary. No company is immune to attacks nor any region of potential disasters - natural and non-natural.Read Story
People have numerous Needs and Want. Sometimes they can afford to go all out and get these things. Other times despite the importance and the urgency of these things, they just cannot afford it. The irony is that they might be able to afford it over time, maybe by saving for it. But outright payment is just out of the question.Read Story
With recent innovations resulting in the ‘blending’ of two giant industries - Finance and Technology, a lot has improved in the way businesses are running. Consumers are gladly embracing it for the swiftness and effectiveness with which they can do things that would have taken them hours in the traditional banking system.Read Story
Your choice of colours speaks volumes about your business. With the right colours, customers can automatically connect with your business without yet going through your site. The right colours can engage people who stumble on your page long enough to decide to buy.Read Story
ATM cards seem like the perfect invention to deal with fraud, get your money whenever you need it, and even better, from wherever you need it. It was a timely invention you will agree with me. It holds what seems like an almost inexhaustible list of advantages. But is it that safe?Read Story
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