Afri Invoice records surge as firms brace for FIRS tax reforms

Afri Invoice says Nigerian businesses are rapidly adopting digital invoicing as the Federal Inland Revenue Service (FIRS) prepares to roll out sweeping tax reforms.

Founder Mark Odenore said thousands of firms are accelerating digitalisation to align with anticipated changes in transaction reporting and taxation nationwide.

In statement on Monday in Lagos, Odenore said Afri Invoice is supporting the shift by offering incentives to early adopters.

“As the new tax laws take effect, many businesses must adjust their invoicing processes.

“At this critical moment, we are offering incentives to companies that begin their digital invoicing journey early,” he said.

Odenore said the company aims to ease challenges linked to manual invoicing and tax compliance.

“Our goal is to make the transition as seamless as possible for businesses of all sizes,” he said.

He described e-invoicing as a fundamental transformation of Nigeria’s business and tax ecosystem.

“Digital tools will improve transparency, efficiency and compliance across the economy,” Odenore said.

He said Afri Invoice is already delivering measurable impact for Nigerian businesses.

“Our incentives support firms taking their first steps towards digital transformation,” he said.

He explained that the platform helps automate invoicing, track payments in real time and ensure compliance with evolving tax regulations.

Odenore expressed confidence the platform would reduce errors, improve cash flow and minimise exposure to fines and penalties.

According to him, Afri Invoice operates on three core pillars tailored to Nigerian business realities.

He said the platform records a 99.7 per cent compliance rate with a 100 per cent penalty-free record.

“Every invoice is validated using QR-code authentication, audit trails and automatic data synchronisation,” Odenore said.

He added that the platform fully meets FIRS technical requirements, helping businesses avoid audit-related penalties.

Odenore said Afri Invoice is mobile-optimised, works in low-data environments and can operate offline during power outages.

“Once connectivity is restored, all data syncs automatically,” he said.

He said users also benefit from real-time dashboards, customer databases, multi-entity support and automated payment tracking.

“Professional branded invoices with QR codes and automatic VAT calculations can be generated in under five minutes.

“Payments integrate bank transfers, cards and mobile money through Flutterwave and Kuda, with invoices sent via email or WhatsApp,” he said.

Odenore said Afri Invoice remains committed to helping Nigerian businesses navigate tax reforms confidently through innovation and reliable digital solutions.