ABUJA — For many Nigerian entrepreneurs, the greatest threat to their business isn’t the competition—it’s the “scattered notebook.” To bridge the gap between informal trading and structured accounting, a new all-in-one management software, AR Pro365, has launched in the capital, promising to turn WhatsApp into a powerful financial command center.
The software arrives at a critical time for Small and Medium Enterprises (SMEs) struggling with stock discrepancies, delayed payments, and the perennial question: “Am I actually making a profit?”
The WhatsApp Breakthrough
The standout feature of AR Pro365 is its deliberate integration with WhatsApp. Recognizing that the messaging app is already the primary office for millions of Nigerian vendors, the founders designed the system to allow users to log sales and expenses via simple chat entries.
“Instead of forcing entrepreneurs to learn complex accounting systems, we designed AR Pro365 to work with a platform they already use daily,” explained Jennifer Ogbogu, the firm’s Compliance & Process Integrity Lead. These chat entries automatically sync with a main dashboard, updating inventory and cash flow reports in real-time.
Solving the “Missing Stock” Mystery
Beyond ease of use, the platform tackles the “leaky bucket” of inventory management. Co-founder Salamat Yinusa noted that stock losses and miscounts are silent killers of SME profit margins.
The AR Pro365 “Central Command” includes:
-
Automated Inventory: Stock is deducted the moment a sale is logged, with low-stock alerts sent to the owner.
-
Sales Analytics: Insights into which products are “fast-moving” versus those gathering dust.
-
Receivables Tracking: A centralized view of who owes the business money, helping to solve the issue of delayed payments.
-
Customer Databases: Building history for smarter engagement and long-term loyalty.
Built by Experts for “Real-World” Reality
The development of the software was a multi-disciplinary effort. Technology Lead Victor Ajayi emphasized that the tool was built by a coalition of finance, compliance, and tech experts to strengthen the Nigerian SME ecosystem.
“When entrepreneurs understand their numbers, they make better decisions,” Ajayi stated. Business Risk Strategist Uchechi Olanrewaju added that the goal is to provide clarity to those operating without traditional accounting departments, essentially giving every small business a “digital CFO.”
