Chioma Ifeanyi-Eze founded AccountingHub.ng after she spent eleven years working as an Accountant in different organizations. She received several invitations from friends to help set-up accounting systems for businesses from ground up. Chioma finally decided to set-up shop to help startups get their numbers right. Her startup now provides professional and affordable accounting services to startups and small businesses.
She spoke with Faith History in this interview about her journey as an entrepreneur and her startup. The Founder considers herself an accountant and a techie. This dual personality (if you will) is what has culminated into AccountingHub.ng.
AccountingHub.ng: The Founder’s Entrepreneurial Journey
Chioma Ifeanyi-Eze recalls that she has always loved numbers from a young age. She fell in love with maths right from her primary school years. Her Dad was an Engineer who spent time teaching mathematics. Chioma later went on to get a Bachelor’s and Masters degree in Accounting.
After her education, she landed a job with PricewaterhouseCoopers one of the big four accounting firms. After some time, she moved around several industries including banking, investment, aviation, logistics, just to mention a few. She spent eleven years in the accounting functions of about nine different organizations. Chioma got her ‘aha moment’ during those years when she found out that accounting systems and processes were non-existent in many businesses. Passion meets opportunity? Yes please!
AccountingHub.ng: Passion Meets Opportunity On A Scale
The startup was founded out of her goal to scale her work of establishing accounting systems and functions in several organizations. Setting up AccountingHub.ng consequently enabled Chioma leap from helping eight businesses to working with hundreds of businesses. It essentially gave her more time to solve the accounting problems of several organizations.
The startup focuses on helping several businesses with book-keeping and accounting systems. It helps them get credible numbers without having to chase down an accountant. The startup also ensures proper accounting processes are in place in every business it engages. Many times wrong numbers or losses are a result of failed processes. Where they don’t exist, there is consequently bound to be confusion or like we say in Nigerian lingo, “mago-mago” or better still “wuru-wuru”.
Now Business Owners Can Take Their Accountant Everywhere They Go
No, we don’t mean an actual person. AccountingHub.ng provides cloud accounting services which implies that you can keep tabs on your numbers wherever you are. Startup founders and business owners can track inventory, sales etc. on the go without a need to call an accountant every second. The startup is a Certified Sage One Adviser. Sage One is an cloud accounting system which satisfies the book-keeping needs small businesses may have. AccountingHub.ng also works with other accounting systems, find a full list here.
Chioma and her team also automate accounting processes for startups so they always get their numbers right. Additionally, the startup provides training to in-house accountants. Furthermore, startups can get a free consultation from AccountingHub.ng. Organizations can also purchase services from its online shop. The startup also helps with financial projections, analysis and assumptions. Finally, AccountingHub.ng also assists businesses with filing their taxes.