Telecom
Zoho Unveils ‘Expense’ to Help Mid-Market Businesses Recover from Effects of Covid-19
Zoho Corporation, a leading global technology company has launched a new version of its expense reporting software, Zoho Expense, that includes advanced capabilities to help mid-market businesses bring about efficiency in its T&E process, and control costs while recovering from the effects of Covid-19.
The company in a statement on Wednesday said that with the new version of Zoho Expense, businesses can seamlessly manage their travel, gain more visibility and control of their company’s global spend from a single place.
According to the statement, Business travel has been significantly reduced due to Covid-19 while remote working has become a global norm.
“More than ever, companies require the right processes and tools to improve collaboration, ensure compliance of all regulations, and optimise company costs until revenue is normalised.
“The new version of Zoho Expense is specifically designed to provide complete visibility on all costs incurred by the company across offices.
“With a chat bar built into the system, teams can communicate in real-time during the T&E process.
“Zoho Expense also allows businesses to have the flexibility to quickly implement changes in their travel and expense policy with customisable approval workflows. This means that businesses can rest assured that their compliance obligations are fulfilled in the event of an audit.
Kevin Permenter, Research Manager of Enterprise Applications, IDC, said,”As businesses continue to combat the effects of the pandemic, there is an increasing need for a central tool that provides visibility of their overall business spend, simplifies travel management, streamlines approvals, prevents fraud, and maintains compliance.
“With all these capabilities, Zoho Expense is helping businesses enforce company policies for T&E according to their country’s regulatory requirements. The system’s integrated travel management, budgeting, low-code extensibility and expense auditing features make this solution primed for rapid adoption in the mid-market segment.”
“When it comes to travel and expense management, large organisations are typically stuck with legacy solutions. With these solutions, businesses are having to compromise on end-user experience, and on the features they need.
“The new version of Zoho Expense is built specifically to address this problem – a solution that is both feature-rich, and intuitive to use. With end-to-end travel management, artificial intelligence-based fraud prevention, automation, customisable policies, advanced budget management, and a lot more, the software helps organisations easily control costs and manage compliance.
“Powerful mobile app, collaboration-rich features combined with ease of use, make this solution indispensable for both administrators and employees making expense claims,” says Andrew Bourne, Regional Manager, Africa, Zoho Corp.
Key benefits of the new version of Zoho Expense:
Increased Control and Compliance
Businesses can create budgets and track them with the help of a dashboard. Customisable alerts can be set which will notify users when the budget limit is exceeded, the system can also automatically block further expense report submission and expense approval.
With the rule engine, businesses can set specific spend limits based on hierarchy and expense categories to ensure compliance. The fraud detection capability saves time and money for businesses by automatically identifying and flagging fake receipts, duplicate entries, fraudulent data modifications, and mismatches between receipts and claims.
Businesses can set a fully customisable approval flow, and can reject, or approve every purchase made within the organisation. This adds an extra layer of control on spend before it happens.
All your travel in one place
Businesses can book, organise and manage all their corporate travel end-to-end both offline and online from a single place. Zoho Expense integrates seamlessly with Sabre’s GetThere, a powerful travel management solution, allowing employees to book their own travel online based on the cost approval flows, and other rules that the organisation sets.
Effortless Collaboration for Remote Workforce
The new version of Zoho Expense makes collaboration and communication intrinsic to employees’ travel process. The built-in chat bar, a functionality unique in the T&E segment, allows users to collaborate with the relevant stakeholders contextually in real time.
AI-powered virtual assistant
Zoho’s AI-powered virtual assistant, Zia will automatically remind users about their pending tasks such as incomplete trip requests, unsubmitted reports, and expenses. It will also help the users adhere to the policy by notifying them about failed receipt scanning and non-compliant expense claims.
Advanced customisation capabilities
Businesses can customise the functions of Zoho Expense according to their needs, creating a system that is fully tailored to the organisation’s processes and scales as the business grows.
Pricing and Availability
The new version of Zoho Expense is available immediately. Zoho Expense offers three subscription plans: the Free plan, Premium (NGN1500 per active user, per month, billed annually), and Enterprise (NGN 2400 per active user, per month, billed annually)
Nigerian Communications Commission (NCC) has issued a 90-day compliance window to telecommunications operators to resolve the long-standing issue of unutilised and unclaimed subscribers’ recharges.
This announcement was made at a high-level virtual stakeholders’ engagement forum held on Tuesday, targeted at refining and enforcing new guidelines that protect consumer rights in Nigeria’s evolving telecom landscape.
Dr. Aminu Maida, executive vice chairman, NCC, whose speech was delivered at the forum by Rimini Makama, executive commissioner, Stakeholder Management, emphasised that the Commission was taking proactive steps to address unused prepaid credit on inactive lines, an issue that impacts millions of subscribers nationwide.
“With the rapid growth of mobile subscriptions and the dominance of prepaid plans, it has become critical to ensure that consumer interests are not eroded through forfeiture of unused credit,” the NCC Boss said.
He stressed the commitment of the Commission to creating a regulatory framework that is fair, enforceable, and aligned with international best practices.
The current Quality of Service Business Rules provide that prepaid lines with no revenue-generating activity for six months be deactivated, and may be recycled after another six months.
The proposed guidance reaffirms the right of subscribers to reclaim their unused credit within 12 months, provided they can verify ownership.
In her remarks, Mrs. Chizua Whyte, head of Legal and Regulatory Services, NCC, presented the Draft Guidance on Unutilised and Unclaimed Recharges, which outlines clear procedures for managing inactive subscriber accounts.
She stated that operators will be required to carry out comprehensive audits of all churned numbers, ensure unused airtime is offered back to subscribers through service alternatives, and strictly avoid monetising forfeited recharges.
Whyte explained that these guidelines are not only aimed at protecting consumers, but also offering regulatory clarity to operators.
She added that the Commission is mandating full compliance within 90 days of the issuance of the final guidance, with non-compliance attracting penalties, including regulatory audits.
The forum attracted wide participation from across the industry, with discussions centred on striking a balance between protecting consumer rights and maintaining operational feasibility.
Participants agreed on the need for greater transparency, stronger consumer education, and consistent notification practices.
The NCC reiterated its commitment to fostering a fair, transparent, and consumer-first regulatory environment.
The 90-day deadline signals a new era of accountability in how telecom operators manage subscriber credits and reinforces the Commission’s role as a guardian of consumer trust in the digital age.
Moniepoint Inc, Africa’s leading digital financial services provider, has taken a significant step in shaping the future of African tech talent with its DreamDevs initiative.
Designed to nurture the brightest minds on the continent, this transformative program aims to equip recent graduates with practical tech skills and invaluable real-world experience, addressing the persistent challenges in tech talent sourcing across Africa.
Targeting graduates from technology, computer science, engineering, and related fields with foundational programming knowledge in HTML, CSS, and JavaScript, DreamDevs offers a rigorous nine-week boot camp that immerses participants via hands-on training from leading software engineers and experience building impactful products for millions of people.
The DreamDevs initiative comes at a pivotal moment for Nigeria’s digital economy, which has seen remarkable growth over the past two decades. The Information and Communications Technology (ICT) sector contributed 18% to Nigeria’s GDP in 2024, underscoring its importance as a backbone for economic diversification. However, the global tech workforce faces a significant challenge, with 4.5 million unfilled tech jobs worldwide—a gap that is expected to widen as demand for skilled workers outpaces supply. Initiatives like DreamDevs aim to address this shortage by nurturing local talent capable of competing on both domestic and global stages.
The program officially launched following a competitive hackathon that identified 20 exceptional young talents who earned their place in the boot camp. Over the course of nine weeks, these participants will undergo intensive training in topics such as Java Refresher, Google Cloud Platform, Kafka Fundamentals, Google Cloud ML/AI, and Advanced Java, ensuring they develop the technical proficiency required to thrive in today’s digital economy.
At the end of the boot camp, standout participants will earn internship opportunities, opening doors to further professional development, while all participants have the potential to secure full-time positions with Moniepoint.
Felix Ike, Co-Founder and Chief Technology Officer of Moniepoint Inc, emphasized the company’s commitment to Africa’s future, stating that investing in young talent is crucial for driving technological advancement across the continent.
He highlighted that DreamDevs goes beyond just training; it is a strategic effort to create a pathway for ambitious graduates to become key players in Africa’s evolving tech landscape.
“We have always envisioned a transformative approach to technology, using it to power the dreams of millions and engineering financial happiness across the land,” Ike said.
“By providing practical experience, upskilling opportunities, startup incubation, and product development support, DreamDevs equips participants to become invaluable assets to the tech industry while contributing to the government’s vision for a thriving digital economy in Nigeria.”
Moniepoint’s program complements existing government efforts such as the 3 Million Technical Talent (3MTT) initiative under President Bola Tinubu’s “Renewed Hope” agenda, which aims to create two million digital jobs by 2025 and position Nigeria as a net exporter of tech talent.
Together, these programs are building Nigeria’s technical talent backbone—a foundational pillar in the Ministry of Communications, Innovation & Digital Economy’s strategic blueprint.
With a track record of investing in tech talent across Africa, with previous initiatives such as Moniepoint HatchDev, a specialized nine-month training program in partnership with NITHub Unilag, and its hugely popular Women in Tech initiative, Moniepoint has consistently demonstrated its commitment and dedication to leveraging digital technology for growth across all sectors while prioritizing infrastructure development and positioning itself as a driving force in the continent’s technological evolution.
MTN Foundation has opened applications for its 2025 scholarship programme, reaffirming its dedication to strengthening the development of Science, Technology, Engineering, and Mathematics (STEM), encouraging excellence in academic pursuit, deepening diversity and inclusion by empowering blind students in Nigeria.
The programme provides three categories of scholarships annually: the Science and Technology Scholarship (MTN STS), the MTN Scholarship for Blind Students (MTN SBS), and the Top 10 UTME Scholarship.
The STS is open to all 300-level Science and Technology students with a minimum Cumulative Grade Point Average (CGPA) of 3.5 (Second Class Upper or its equivalent); SBS caters to the educational needs of blind students in 200-level with a minimum CGPA of 2.5 or its equivalent.
The top 10 scoring candidates of the UTME, as announced by JAMB, automatically qualify for the MTN Foundation Top 10 UTME scholarship.
As part of its ongoing investment in education, the MTN Foundation has awarded 14,728 scholarships in the past 15 years, worth over NGN3 billion.
The scholars are provided platforms to acquire relevant skills and practical knowledge to thrive in today’s evolving job market.
Speaking on the impact of the scholarship program, Executive Director of the MTN Foundation, Odunayo Sanya, said: “Education is the backbone of national development, and at MTN Foundation, we are committed to ensuring that no bright mind is left behind due to financial constraints.
“This scholarship is not just about funding education; it is about investing in Nigeria’s future leaders, innovators, and problem-solvers.”
Since 2024, the MTN Foundation has increased the scholarship award amount from NGN200,000 to NGN300,000 annually for three years until graduation, provided the scholars maintain the minimum grade point requirement.
The scholarship program is richly embedded with Mentorship, Internship and digital certification opportunities.
The application process is straightforward and conducted online, making it accessible for students nationwide.
Eligible candidates are encouraged to visit mtn.ng/scholarships/ and apply before the application deadline on April 25, 2025.
For more information, visit mtn.ng/foundation.
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