NASA has built a brand new $500 million mobile launch platform that will be used to send people to asteroids or Mars.
In Kenya, SME Accounting solutions are also heading skyward. Michael Pedersen has developed ‘Uhasibu’- an innovative SME accounting package that utilizes cloud computing.
According to Michael, “Uhasibu is developed specifically for the legislation and workflows present in Kenya. It improves financial management by generating KRA compliant VAT reports with ease, monitors your petty cash, keeps track of your incoming (partial) payments and generally stay on top for your financials”.
In today’s world, it is impossible to ignore the rise of technology, the impact it is having on the enterprise and the resultant implications for business.
Cloud computing is a technology that uses the internet and central remote servers to maintain data and applications. Using cloud computing consumers and businesses alike can use applications without installing them and can access their personal files at any computer with internet access.
In my view, SMEs should try out Uhasibu for the innovation, economy and convenience that come with it. The fact that the accounting package is cloud based takes away the need for large upfront software investments. Uhasibu runs online and charges only a small subscription fee.
Launched in September this year, this cloud-based package is equipped with mobile technology and email capabilities. At the click of a button, you can generate and send out invoices to customers via email. What is interesting is that you can do it from your mobile phone.
An example of the practical application of its innovation is that a entrepreneur can generate an invoice in real time when sitting across the table in a client’s office.
But at its most basic level, Uhasibu is all about meeting a more fundamental need - to bring simplicity into accounting for Small and Medium Enterprises (SMEs).
No comments:
Post a Comment