A dedicated business bank account is a GRA requirement and the formal settlement hub for Ghanaian businesses. In practice, a large share of customer payments arrive via Mobile Money — MTN MoMo, AirtelTigo Money or Vodafone Cash — rather than bank transfer. Both channels must be reconciled against open E-VAT-registered invoices to maintain a clean GRA audit trail and an accurate daily cash position.
MoMo receipts and bank credits arrive across two separate channels with different reference formats, both requiring manual matching to open E-VAT invoices at month-end — a process that takes hours and frequently leaves unresolved items.
Unified reconciliation that imports MoMo transaction reports and bank statements and matches receipts to outstanding invoices via payment reference codes — unmatched items drop to near zero and the E-VAT record is updated in real time.
Overdue invoice reminders depend on whoever remembers to send them, leading to inconsistent follow-up, stretched debtor days and unpredictable cash flow.
Automatic ageing and scheduled SMS and email reminders dispatched via the notification module at configurable intervals from the invoice due date.
Two payment channels, one reconciled ledger, automatic overdue follow-up.
