aYo Holdings announcement

aYo partners with LinkedERP to power the future of microinsurance

 We are pleased to announce the successful go-live of the NetSuite ERP for aYo Holdings (aYo).

aYo is a company that provides easy-to-use hospital and life insurance cover to a user’s mobile phone. This is done through their partnership with MTN and other leading insurers. They enable financial inclusion in Africa by offering customers an easy way to get hospital cover and life cover protection. When registering using a mobile phone for aYo Recharge with Care, customers get a minimum of 30 days’ aYo cover every time they load MTN airtime.

aYo has more than 16 million customers using its microinsurance products across Uganda, Ghana, Zambia, Côte d’Ivoire, and counting. They have a vision of becoming the largest financial services technology platform in Africa, by providing a range of affordable and accessible micro-financial services and products.

In its effort to transform its company using technology, aYo has selected Oracle NetSuite ERP, the world’s no.1 cloud-based enterprise resource planning (ERP) system to support their growth plans across the continent. The implementation was rolled out by Linked ERP, a leading Oracle NetSuite solution provider in South Africa and India, which has an established track record of helping businesses migrate from legacy software to the NetSuite ERP platform. Linked implements NetSuite ERP to help businesses take advantage of a powerful cloud ERP platform to gain the visibility and control needed to drive growth and build business resiliency.

aYo is having its previous system replaced as it was unable to support the company’s continued growth. Adrian Kloke, Chief Financial Officer (CFO) of aYo has said that “having one unified cloud-based platform that is agile and flexible for our business needs today will improve our business operations across the entire organisation.” He went on to say that “NetSuite will also help us standardise operations, enhance business insights and serve our customers more efficiently from a scalability perspective, and ultimately enhance future saleability.”

As a Fintech company, it is essential to get the right system in place from the start, an ERP solution is required that will support rapid growth and be flexible enough to evolve as the business develops. NetSuite, a true cloud-based system, enables businesses to concentrate on growing without worrying if the system will scale enough to keep up – preventing a time consuming and unnecessary change years down the line.

NetSuite enables Fintech companies to maintain high levels of operational controls and manage global operations and multi-subsidiary locations with ease and efficiency. The cloud business management suite will meet precise unique needs with a single, powerful application. Contact Linked to learn how performance improvements and cost savings a leading ERP solution provides to Fintech companies, and to show you how you can capitalize on a system capable of unifying your entire organization