Bunmi Adetoyinbo

In a move to increase its Business One Cloud solution implementations for Small and Medium Business Enterprises (SMEs) in Nigeria, SAP Africa has signed a private cloud licensing agreement with Oryx Computer Systems, a multiple award-winning SAP AG partner.

The agreement allows Oryx Computer Systems to offer managed cloud-based SAP services in the West African market at an affordable price point.

Since its inception in 2005, Oryx has distinguished itself as the largest SAP Business Management solutions and services company for SMEs across the region, using SAP solutions to drive businesses to seamless business process integration and increased productivity.

Speaking on the partnership, Managing Director, Oryx Computer Systems, Tayo Adegbola explained that “the licensing agreement is a natural extension of the company’s on-going positive relationship with SAP to meet its SME customers’ requirements for fixed-cost, scalable industry-specific solutions.

“With more than 300 000 thriving SMEs in Nigeria and the global trend for subscription-based cloud services accelerating, we are able to capitalise on this untapped market,” Adegbola said.

Adegbola stated that with the International Finance Reporting Standard (IFRS) coming into effect in Nigeria in 2014 which aims to strengthen accounting transparency of company financial statements, Oryx will have the opportunity to work hand-in-glove customers to meet country-specific compliance and regulatory payroll needs.

Managing Director, SAP West Africa, Richard Edet, noted that Nigeria has always been a strategic market for SAP solutions, while adding that with reliable Internet connectivity reaching critical mass in West Africa, SME cloud-based services are becoming a reliable and affordable alternative to on-premise solutions.

According to him, with dynamic partners like Oryx, SAP Business One Cloud will provide small businesses or subsidiaries of large companies with a dynamic software solution to manage all critical business processes in a cloud-based offering without the need for additional infrastructure and at a fixed cost.

He revealed that “Oryx is a multiple award winning SAP AG partner in Nigeria and with a solid track-record for implementing and supporting SAP solutions.”