In today’s business world, having access to the right tools and resources is essential for success. For business owners in Nigeria, this includes having a reliable business account that can help you manage your finances efficiently. ALAT for business is an online business banking solution that provides business owners with most of the features they need to succeed.
Business owners in Nigeria can easily open up business accounts with ALAT and take advantage of their comprehensive suite of features designed to simplify business operations. With the ability to manage multiple staff access levels, business owners can control who has access to certain financial information.
In this article, we’ll discuss how business owners in Nigeria can use ALAT to help with their business operations.
What is ALAT By Wema?
ALAT is the first truly digital bank and ALAT for business a business banking solution designed to make business operations easier for business owners in Nigeria. This comprehensive suite of features allows business owners to manage their finances, process payments quickly and easily, and even borrow funds for business growth. With ALAT for business, business owners can perform all their business transactions with minimal effort and time.
Many businesses in Nigeria also take advantage of business loans offered through ALAT. However, if you need to access business loans to help with business expansion and provide additional capital for investments ALAT is a great choice.
How to Use ALAT for Business
Using ALAT for business is easy, as the platform provides a user-friendly interface that makes managing business operations simple. Business owners can create business accounts, manage staff access levels, process payments quickly and easily, and apply for business loans.
Here are some tips on how you can make the most of ALAT as a business owner in Nigeria.
1. Utilize Business Loans
Take advantage of the business loans that ALAT offers for business expansion and other investments. If you are just starting, business loans can be a great way to get the capital you need to start or grow your businesses.
2. Manage Staff Access Levels
There is no restriction on how many users you can add to a customer’s profile. And with a staff access level management feature, business owners can control which staff members have access to certain financial information and data. This is especially useful for business owners who need to ensure that their business operations are secure and confidential.
3. Process Payments Quickly and Easily
With ALAT’s convenient business account features, you can process business payments like salary, bills, etc quickly and easily. That way, you can stay on top of your business finances without having to waste time manually processing payments.
4. Keep Track of Expenses
ALAT’s business account features also allow you to track your business expenses in real time. This helps you to monitor your business’s financial health, cut off unnecessary expenses, and stay within budget.
5. Monitor Business Performance
ALAT’s business analytics feature allows business owners to monitor their business performance and make necessary changes to improve business operations. With these insights, business owners can quickly identify where they are falling short and take steps to rectify the situation early enough.
6. Stay Secure
ALAT also offers a secure log-in and if you’re inactive on the app for 5 minutes, ALAT will log you out automatically. ALAT also offers tokens for more security-sensitive transactions.
Benefits of Using ALAT for Business
What makes ALAT very interesting to use for business? Here are some of the benefits you can expect as a business owner when using ALAT for business:
- Convenience – With ALAT, business owners can manage their business operations with minimal effort and time. The platform’s user-friendly interface makes it easy to process payments quickly and easily.
- Enhanced Security – As a business banking solution, ALAT offers business owners a range of security measures to keep their accounts secure and safe from fraudsters.
- Improved Business Performance – With the business analytics feature, business owners can monitor their business performance in real time. With this, you can easily scale up your business to meet your business goals.
Are there Drawbacks to using ALAT?
Although ALAT is a great business banking solution for business owners in Nigeria, there are some drawbacks to using the platform. For example, you may find that some of ALAT’s security measures are too much compared to some other platform when you need to navigate to perform a transaction but in all honesty, no security measure is too much.
Additionally, business owners may find that the business analytics feature is somewhat limited and does not provide business owners with as much insight into their business performance as they need but we trust that there will upgrade in the nearest future.
To sum it up, ALAT is a great business banking solution for business owners in Nigeria. With its convenient business account features and enhanced security measures, business owners can manage their business operations with minimal effort and time, stay on top of their business finances and monitor business performance in real time.
If you are a business owner in Nigeria, then ALAT is the platform for you. Sign up today and take advantage of all the features ALAT has to offer to scale your business. You can also get started by following the steps below;
- Download the ALAT app from Google Play Store or Apple App Store and log into it
- Click on Create Account and select Account type
- Follow the prompts. Be ready to input and upload necessary information such as BVN, photograph, Signature, Valid ID card, etc.
- Once your application is successful, your account information will be sent to you.