Published On: Mon, May 30th, 2016

Regional enterprises must invest to match rivals

NmonwuLAGOS, (CAJ News) – ENTERPRISES in the West African region need to start investing in the right business management solutions that offer digitalisation, mobility and security, an expert has advised.

Magnus Nmonwu, the expert, noted according to a recent Gross Domestic Product report released by the Nigerian Bureau of Statistics Nigeria’s economy fell to a 25-year low of –0,36 percent GDP growth rate.

“Keeping this recent economic development in mind businesses need to start digitising their business processes in order to save costs and to increase their competitive advantage,” said Nmonwu.

Nmonwu, who is Regional Director for Sage in West Africa, said digital transformation means it is important for organisations to be able to extract meaningful information from data quickly and easily, to enable them to be responsive to the needs of their customers and business, ensuring that they make the right decisions at the right time, wherever they are.

“They do not want to waste valuable resources inputting data multiple times, when there are integrated systems that are there to ease this burden.”

Nmonwu said adapting to the digital business landscape will mean that these enterprises will be able to offer products and solutions targeted at stakeholders in a personalised manner by gathering insight from interactions with these stakeholders.

CAJ News

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