" ITREALMS: Transcorp, 18 banks route for Remita

Wednesday, August 09, 2006

Transcorp, 18 banks route for Remita

Remmy Nweke

TRANSNATIONAL Corporation (Transcorp), the newly owners of the national carrier, Nigerian Telecommunications Limited (NITEL), and 18 consolidated and recapitalised compliant banks, are currently deploying Remita, for salaries and pensions remittances.

Remita is a salaries and pensions remittances service delivered by Nigeria’s leading software house, SystemSpecs Limited.

The latest to join this fray of Remita enthusiasts is Transcorp, according to Managing Director, SystemSpecs, Mr. John Obaro, who disclosed this in a chat with selected media practitioners at the Executive Overview Training session on HumanManager, a human resource, payroll and pension management solution.

According to him, these organisations were responding to the recent federal executive council (FEC) directive that public and private sector in the country, should strive to search for local software solution that meet global standards before venturing to deploying foreign software.

He stressed that his firm’s HumanManager is a proven solution for payment solution, saying “It’s the only Nigerian software to be properly customised and has the capacity to handle all issues related to pension fund management.”

He revealed that in the last one month, SystemSpecs has made some in roads into corporations in the country, and the latest being the Transcorp deal, which he said, “we’re delighted about.”

In addition, 18 out of the 25 recently recapitalised and consolidating banks are now deploying one of its specialised pension and salaries service application, Remita, as a one stop solution.

While the General Agency Services (GAS), new owners of the Nigerian Ports Authority (NBA) and the three out of the four licensed Pension Fund Administrators (PFAs), equally have chosen HumanManager.

He also said that SystemSpecs intends to market Remita aggressively, in the coming months, just as the firm’s customer relations portal, www.support.centa.com, has been concluded to avail customers the option of complaining where necessary whereas enabling the company to have some feed back, noting, it would be managed online.

He described Remita, as an electronic courier service that rides on secured electronic payment platforms to deliver funds to bank accounts and associated schedules to relevant bodies in pre-specified formats.


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