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Solution launched to address Nigeria hotel challenges

02 March 2016, 21:35

Lagos – Local hotels are set to enjoy a reprieve from some of the major accounting and reconciliation challenges they face in their operations.

This follows the launch of a new technology solution by SlimTrader, Sub-Sahara Africa’s leading turn-key ecommerce solution provider for businesses, together with Interswitch, the integrated digital payments and commerce company.

The new innovation, Personal Computer-Point of Sale’ (PC-POS), features on SlimTrader’s ‘MoBiashara for Hotels’ (MFH) platform.

It is aimed at addressing the challenge of accurately consolidating payments made on their hotel Point of Sale (POS) terminals with hotel records and room inventory; resorting instead to manual reconciliation.

With SlimTrader’s new PC-POS solution, all POS terminals and PCs within a hotel can be networked.

Also read: Commercial sex worker found dead in Lagos hotel

The new feature allows hotels to link their hotel computers to POS terminals, such that hotel room payments are immediately reflected in the hotel’s computer and online records.

The Chief Executive Officer of SlimTrader, Femi Akinde, said PC-POS was part of its vision to facilitate effortless transactions for businesses across Sub-Sahara Africa.

“In working with hotels, we discovered that they face significant challenges in tying reservations to offline payments. SlimTrader gladly took on this challenge and we are pleased that today we can launch this much-needed solution for the hotel industry in Nigeria, tying multiple payment terminals to their physical and online reservations,” said Akinde.

SlimTrader for this solution, the Divisional CEO, Switching and Processing at Interswitch, Akeem Lawal, said their position as Africa's leading integrated payment and transaction processing company, they were always seeking new ways to help improve business efficiency with our funds monitoring, payments collection and fraud management solutions.

“This partnership with SlimTrader is one of the ways we are bringing our company vision to life,” Lawal said.



- CAJ News


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