Managing Director of SystemSpecs, Mr. John Obaro
To consolidate its position as a fully indigenous brand, SystemSpecs, one of Africa’s leading financial technology firms, has announced the end of its role as Country Partner of the US-based enterprise software company, Infor.
SystemSpecs and Systems Union, erstwhile owners of SunSystems before its acquisition by Infor in 2006, had partnered to provide leading corporate organisations across Nigeria with software services that guarantee end-to-end accountability for success and improved returns on investment.
“Our business relationship with Infor was rewarding to both organisations, and the clients we served,” said Emmanuel Uzugbo, who headed SystemSpecs’ Infor implementation team in Nigeria.
“However, the decision to end our partnership was informed by our strategic direction as an organisation and to consolidate our position as a fully indigenous FinTech firm developing and implementing innovative home-grown solutions from Nigeria to Africa and the rest of the world.”
Until the partnership ended, the products of Infor, which SystemSpecs sold and supported included Infor SunSystems, Infor Enterprise Asset Management (EAM), and Infor Performance Management (PM).
“Over the past 12 months, Infor and SystemSpecs (had) been reviewing their current partnership agreement and their go-forward strategies for Infor Products,” said Keith Saunders, Vice President, Infor Subscription Services.
“We are encouraged by the success of our homegrown brands, Humanmanager and Remita, and have chosen to devote our efforts to consolidate these,” Uzugbo added.
The development follows growing challenges in the foreign exchange market, the recent Executive Order by Vice President Yemi Osinbajo, for the support of local content in the procurement of IT products and services, and in line with the position of the Institute of Software Practitioners of Nigeria (ISPON), to encourage the adoption of local software solutions.
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