The Managing Director of Beta ComputersÂ Â Limited, has hinged the growth and the survival of the Micro,Â Small and Medium sized Enterprises (MSMEs) on their ability to deploy industry specific hard and software IT solutions in their operations.
Addressing members of the Small and Medium Enterprises/Distributive Group of the Lagos Chamber of Commerce and Industry, (LCCI),Â Mr. Willy Anyaegbunam, pointed outÂ that most financial institutions are reluctant to go the whole way with MSMEs due to lack of adequate and reliable record keeping, accounting and management information system (MIS).
In his presentation titled: â€˜An Imperative for the Implementation of Industry Specific IT Solutionsâ€™ he said: â€œIt is estimated that at least 70 per cent of businesses in Nigeria fall under the MSMEs.
MSMEs must discard the myth that IT solutions are very expensiveâ€ MSMEs must overcome the phobia of the thought of IT exposing details of their financial dealings to others and causing them to loose control of their companies.â€
According to him, the growth of the MSMEs sector and their transition into larger enterprises can be accelerated with their leveraging on IT technologies for effective management and control of their operations.
He, therefore, urged operators in the sector to engage reputable companies that will work them through a structured analysis of their operations to ascertain the solutions that best fit their industry and company.
Beta Computers, he stated,Â has robust Industry Specific Accounting and Management Information Solutions for MSMEs in varied industries including for Hotels, Schools, Hospitals and Clinics, Point of Sales for the Wholesale, retail and distributive trade, manufacturing, Restaurants, Bookshops, Boutiques, Rental, Pharmacies among others.
Any retail outlet without a Point of Sale, (POS), according to Anyaegbunam, is in the dark ages, while stressing the implementation of an industry specific Information Technology solution in their organizations as an imperative in the 21st century knowledge economy. Cost effective, simple and easy-to-use IT Solutions, will enable MSMEs to account, manage and control their business better such that operational effectiveness and efficiency can be achieved, sustained and growth attained.