Kenyan telecommunications company Safaricom has announced that it has officially launched online software services for medium and small businesses. The Company believes the move will help spur continued economic growth in the East African country and put technology in line with other sectors of growth.
The new software will allow SMEs access to a website, professional email, HR/payroll software and accounting software.
“The accounting software, Sage Pastel, will allow SMEs to generate professional financial reports which they can use to borrow loans from financial institutions,” said Safaricom in a statement.
The company added that the payroll solution, Cleanbill, “is designed to ease and professionalize payroll management by automatically tabulating all statutory deductions from the employees and keeping relevant records.”
To access the new service, businesses will pay a monthly fee of KES 870 for the on-line payroll processing software, KES 1,740 for the accounting software and KES 1,750 for professional email. Website hosting will cost KES 999 for a full year’s subscription.