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5 Ways Businesses can Protect themselves from Payroll Fraud

The ghost workers that haunt the halls of government institutions in Nigeria are frequently in the news. Just recently, the Accountant General of the Federation announced the Federal Government has saved N274 billion over the past two years by using an integrated personnel and payroll system to exorcise ghost workers and leakages from its payroll. Yet public sector institutions and large businesses are not the only organisations that are vulnerable to payroll fraud. Small & Medium Businesses in West Africa are also vulnerable to a range of payroll scams and schemes; they need to take the necessary steps to safeguard their businesses. Some...

Sage 50 Accounting Overview, Pricing, and Features

Like many others that have found themselves here, you must have also stumbled on the Sage 50 Accounting Software (formerly known as Peachtree Accounting Software) and needed more convincing before you started putting your money on their plans. Quite frankly, I think that is a great idea. For a platform that offers to do so much that it looks unreal, how do they really keep up to their promises? Are they a scam or are they legit? Whichever it is, you will find out at the end of this Sage 50 Review. What is Sage 50? The Sage 50 Accounting Software is...

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Best Payroll Software for Small Business 2023

No matter how small your business is, you must have one or two people that you pay at the end of every month – or how else your payment structure is setup. It is these people that we say are on your payroll and as a businessman, you will want to track how your money goes out into such running costs. More than using traditional books, here are the best payroll software for small business you should get a taste of. 1. Sage One Payroll From the name, Sage One is one of those software that you can easily mistaken to be just...

Payroll Fraud: a Serious Threat to Business Sustainability

Payroll is one of the largest expenses for Small & Medium Businesses and larger enterprises in West Africa, yet many organisations are neglecting the importance of managing the risk of fraud in this area of the business. That’s according to Magnus Nmonwu, Regional Director for Sage in West Africa, who says that payroll fraud is one of the most common white-collar crimes in the business world. It is a threat – that if left unmanaged – can pose serious harm to the profitability and long-term sustainability of all businesses. "The Nigerian government was recently in the news for removing nearly 24,000...

Best Payroll Software System In Nigeria – PayDayNg

A Software for large, medium and small scale organisations/enterprise (A Payroll Software with a Difference) Living in the digital era and managing your business payroll manually is unnecessary and inefficient especially when you have salaries to process for a good number of staff, tax payable to compute, deductions and employee’s liabilities to calculate. Currently, there are numerous payroll software solutions available in Nigeria to assist business owners in this particular task. To help you address your specific payroll concerns, we will be reviewing PayDayNG payroll solutions. If you need information about your payroll maintenance services or you want Magnet Consulting to manage...

Tally ERP 9 Accounting and Business Software

Tally ERP 9 is a business and accounting software that provides accounting, inventory management, payroll management, and POS invoicing solutions. Tally 9 software is available for single and multiple users. Business software like Tally ERP 9 are now used in most forward looking businesses. It is very popular in India Tally ERP 9 Software Suites Tally ERP 9 Shoper 9 Tally Server 9 Tally Developer 9 Now, let us look at pricing Tally 9 Price Here are the pricing of the various Tally 9 Software Tally ERP 9 Price Tally ERP 9 is a compete business management software designed to give you insights that will...

Sage Pastel Accounting and Business Software

Sage offers a range of business, payroll, and accounting software solutions for small and medium enterprises. Sage (a.k.a. Sage Pastel) allows organisations from startups to large conglomerates to automate their business processes. Sage offers some of the Best Accounting Software in the market today with solutions targeted to different business sizes and needs from small to medium to large businesses. Sage Accounting Software Solution Sage One Accounting: This is a pay as you go cloud based solution, which means you always have the latest update. You can pay monthly or yearly depending on your needs. The online accounting software comes with...

Peachtree Accounting Software Price and Consultants

The tools set of a modern accountant has changed from pen, paper, and adding machine to robust computer based accounting software like Peachtree (now Sage 50). With accounting software like Peachtree, businesses can automate their accounting processes. Peachtree can also help companies detect and reduce accounting errors and save costs. To Learn more about Sage 50 and other Small Business solutions from Sage, Click Here. Peachtree 2010, the latest versions of Peachtree can handle: Inventory control Payroll Invoicing Account Payable Account Receivable Account Reconciliation Job costing General Journal Fixed Assets Crystal Report Unlimited Ledgers Time & Billing and so on Peachtree has...

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