blogs

    It is common knowledge that regulatory provisions are ever increasing, especially in a country like Nigeria where there are multiple sectors, sub-sectors, and industries. Presently, there are over 1000 regulatory provisions cutting across regulators such as Central Bank of Nigeria (CBN), Advertising ... Read More
The world has gone beyond manual ways of doing things; as technology evolves in the 21st century, only organizations and small businesses that are smart enough use it as a form of leverage against competitors. Leverage gives one ... Read More
  The Chief Compliance Officer (CCO) plays a very important role in the attempt to ensure that a company complies with regulations guiding the profession. Every company with a department for regulatory compliance has a CCO. Compliance means establishing adequate supervision and ... Read More
Cloud accounting software is hosted on remote servers, and provides accounting capabilities similar to the SaaS (Software as a Service) business model. Cloud accounting software is particularly more useful for ... Read More
The main reason for setting up any business is to make profit. Businesses can only make profit when they consistently meets the demands of their customers. Administration and compliance are essential parts of a business that attention should be paid ... Read More
Payroll is a company's records of its employee's wages, bonuses, and withholding's. Payroll is a major expense for businesses. How does payroll work? Employees keep a record of the number of hours, days, or weeks that they have worked, depending on the ... Read More
It is common knowledge that companies that do not take auditing records seriously are positioning themselves for ominous compliance implications. Truly, servicing clients and managing employees can be tasking, yet, good records management should not be taken for granted. With ... Read More
  The Federal Executive Council, the highest Executive decision making organ in Nigeria just approved a new National Tax Policy for the country. The policy will now be endorsed by the National Economic Council to recognize the Federal System of Government given ... Read More
With the current economic realities in Nigeria, it is evident that most organizations cannot withstand regulatory punches - yet, myriads are incessantly falling victims of such. In 2015/2016 alone, regulatory tides were against large corporations that were fined over N1billion due to ... Read More

Business Matters

When Zuri Foods, a small gourmet snack company in Abuja, started in 2020, it was just a side hustle for its founder, Aisha Azuri Danjuma. With a few friends helping out from her kitchen and weekend sales at farmers markets, it was simple enough to track sales and expenses using spreadsheets.

She kept on with using spreadsheet but by 2023, the business was different. She had gathered a lot of referrals from old customers and there was a big boom in the local supermarket business in Abuja which meant more orders coming in from here and there.

In no time, Zuri Foods had landed bulk supply contracts with local supermarkets, was exporting chin-chin and plantain chips to Ghana and had opened a production facility in Jabi. What used to be a weekend bookkeeping quickly turned into a weekly nightmare.

“I was spending hours trying to figure out why our profit margins were fluctuating,” Aisha recalls. “We had no real-time inventory tracking. We were losing products, and honestly, I had no idea how much it was costing us.”

On the advice of her accountant -Tunde, Aisha explored Sage ERP, a solution popular with growing businesses in Nigeria. With the help of PML Professional Services, a renowned Sage partner in Abuja, they implemented modules for inventory, sales, and financials.

A little secret, I guess I should spill this one. You see, Tunde has earlier been in acquaintance with PML where he finished his mandatory one-year service as a corper before joining Zuri foods in 2022. So now you know how he knew these Sage guys.

I wouldn’t want to bore you out, but I guess I should give you a little highlight of what Sage did for Zuri Foods within three months;

Inventory Management:
Before Sage, it took three staff a day of manual stock counts to prepare weekly reports using spreadsheets. With Sage ERP, inventory levels were updated in real-time across their Maraba warehouse and Nyanya distribution hub. They could see at a glance which products were moving, and which were sitting too long. Unlike when the business had to sell their products at a lower price to push out goods to avoid them from spoilage, Aisha was really happy because she could track the movement of her products and also see the value of her store with ease from the comfort of her office.

Sales and Order Processing:
Their sales reps armed with tablets and laptops, could now remotely enter customer orders on-site. Orders synced directly into the system, eliminating miscommunications and double entry ‘wahala’. I totally recall a case with Mallam Isah who had once called multiple staff of Zuri due to delay in supplies of his usual orders for Zuri’s special plantain chips to restock his kiosk. He was later supplied his orders but guess what, his order was duplicated, and he was supplied double the quantity he requested because the two supplying officers he had called were at that time using spreadsheets on their individual computers. It was cases like this that made Tunde refer PML to Aisha. Using Sage really eliminated this order processing ‘palava’ because every order number was unique and could not be duplicated.

Financial Reporting:
Aisha could generate profit & loss reports with one click. Sage’s multi-currency support also made it easier to track export sales in Ghanaian Cedis and convert them seamlessly to Naira as Zuri’s functional currency.

Scalability and Confidence.
Sage didn’t just organize our chaos,” says Aisha. “It gave us the confidence to expand. We opened our second branch in Wuse and started supplying schools and hotels—something I never would have attempted before”. This was the biggest win for Zuri Foods.

Zuri Foods was completely transformed by 2025, they had grown their revenue by 300%, expanded to having branches in Kano, Lagos, Ibadan and Port-Harcourt and was in talks with some South African distributors. Aisha now spends less time firefighting and more time planning new product lines.

Let me give you a little secret about small and medium scale businesses in Abuja. Listen when I tell you this, for many small and medium scale businesses in Abuja and beyond, the challenge isn’t passion or product, it’s ‘STRUCTURE’. Exactly what PML is willing to offer with core expertise in Sage ERP deployment for your businesses. Just like Zuri Foods, PML can help your business upscale and realise its full potential while maintaining your business culture and values with the utilization of its various sage ERP software.

Sage helps businesses move from hustle to enterprise, with the right tools for managing money, inventory, and growth.

And in Aisha’s words:
“Sage gave me more than software. It gave me visibility, accountability, and freedom.” Wow! I just learnt that PML provides services in the areas of Audit, Tax and Advisory as well.

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