Tuesday, December 19, 2017 10.00AM /
Recently the Edo State Government reported a
remarkable 500% increase in its Internally Generated Revenue(IGR) from the 18
Local Governments in the State.
One of the firms helping the State to achieve this is
SpacePointe an innovative payment solutions platform established in 2014, to
provide services to the Nigerian market, particularly the informal sector.
In a recent interview with Proshare WebTV, the CEO Mrs
Sayu Abend shared the value of the partnership with Edo State, and the impact
of the service delivery that has improved tax collection.
Looking at the tax landscape in the State, Mrs Abend
shared that SpacePointe was one of the 3 service providers selected by the Edo
State Government, to pilot the revenue automation project. She noted that at
the end of the pilot, SpacePointe made the final cut to service half of the
local governments in the State.
On the issue of challenges in the tax collection and
revenue automation process, the SpacePointe CEO shared that the service
provider surmounted the initial apprehension from the collectors, because of its innovative solutions. Considering the fact
that SpacePointe had designed its platform to suit the Informal sector
demography, adoption across all user types from smartphones to feature phones
was seamless and effective.
To ensure a robust service delivery, SpacePointe
according to the CEO Mrs Abend leveraged on the following strategies; effective
cash collection process for revenue, ensuring
collectors are not always online but are on the field in remote areas,
providing simple innovative solutions that will drive quick adoption, ensuring
real-time visibility to empower the leadership to make informed decisions and
thinking like a fraudster which enables the blockage of loopholes and leaks
from the platform design and listening to customers to gain more insight on
improving the platform.
The Edo State Government is the first public sector
client for SpacePointe, since it was founded in 2014 and has contributed
immensely in driving a robust tax collection and revenue automation process for
Space Pointe is an e-commerce marketplace which
focuses on the African retailer, providing innovative solutions simplifying
payments, enhancing tax collection processes with local solutions.
In 2014 Space Pointe was among the top 40 tech
startups for DEMO Africa, and has since then continued to create value in the
financial and payments, through tech solutions.
The company bagged the 2016 West Africa
Mobile Commerce and Retail Award for its “CommercePointe” innovation and also
bagged the 2016 CBN Cashless Expo best “Cashless Merchant”.