TeamApt Launches Monnify Plugin to Simplify Payments for Zoho Books Users
TeamApt has launched its Monnify payment plugin on the Zoho Marketplace. This tool allows business owners in Nigeria to connect their invoicing with their payment collection for smoother cash flow tracking.
TeamApt Launches Monnify Plugin to Simplify Payments for Zoho Books Users
Managing business finances can often feel like a juggling act. Business owners have to create invoices, send them to clients, wait for payments, and then manually record them in their accounting systems. To make this process much easier for Nigerian businesses, TeamApt has made its Monnify payment gateway available as a plugin for Zoho Books.
What is Zoho Books?
Zoho Books is a popular cloud-based accounting platform that helps companies track their finances. With this new integration, available directly on the Zoho Marketplace, business owners can connect their invoicing and payment collection systems in one place.
The setup is straightforward. A business owner creates and sends an invoice in Zoho Books, selecting Monnify as the payment method. When customers receive the invoice, they are taken to a secure Monnify checkout page. From there, they can pay using standard options like Nigerian debit cards, credit cards, or direct bank transfers.
The main benefit for business owners happens after the customer pays. Instead of someone having to check bank statements and manually mark the invoice as paid, the Monnify plugin handles it. It updates the payment status inside Zoho Books in real time. This automated tracking gives business owners an immediate, accurate view of their daily cash flow. It also reduces the time spent on administrative tasks and cuts down on human error.
Leaders from both companies highlighted how this tool supports growing businesses. Representatives from Moniepoint Inc. (the parent company of Monnify) noted that the plugin removes friction from the payment process, allowing entrepreneurs to focus on running their operations with confidence that their records are correct. Zoho shared a similar view, stating that as Nigerian businesses scale up, they need their accounting and payment systems to work together smoothly.
By closing the gap between invoicing and collections, this new plugin offers a practical solution for local businesses looking to save time and organize their financial records.
