With the Federal Inland Revenue Service (FIRS) electronic invoicing compliance mandate expected to begin this month, Afri Invoice, a Nigerian-born fintech company, is providing businesses with robust solutions to navigate the evolving digital tax landscape.
The firm offers a comprehensive and intuitive e-invoicing solution specifically designed to address the unique challenges faced by Nigerian and African entrepreneurs, freelancers, and Small and Medium-sized Enterprises (SMEs).
Founded by Mr. Mark Odenore, Afri Invoice emerged from a firsthand understanding of the hurdles Nigerian businesses encounter daily: persistent payment delays, errors in record-keeping, and the increasing pressure to comply with complex regulatory demands.
“The market was saturated with solutions that were either too complicated for local businesses or developed for Western markets without considering African realities,” says Odenore. “Afri Invoice bridges this gap by offering an intuitive platform that speaks directly to Nigerian SMEs, making invoicing, payment tracking, and tax compliance both straightforward and affordable.”
As a fintech company, Afri Invoice combines cutting-edge technology with deep local market insights to empower businesses across the continent. Beyond its core platform, the company is committed to fostering financial literacy through educational initiatives that help entrepreneurs understand taxes, invoicing, compliance, and fundamental digital finance concepts.
According to Odenore, Afri Invoice was developed in full alignment with the FIRS e-invoicing framework, including the BIS 3.0 XML structure and Merchant Buyer Solution requirements. This ensures businesses using the platform will meet the July 2025 compliance deadline without additional technical implementation, he noted.
The platform incorporates all mandatory compliance elements, including real-time invoice validation, automated submission readiness, and complete audit trail maintenance.
The user journey is designed for simplicity. Businesses can set up their profile and branding, add customers and product/service catalogues, and create professional, tax-compliant invoices with unique QR codes. The system handles automatic Value Added Tax (VAT) calculation and FIRS formatting, offers real-time payment tracking through integrated local gateways, and provides automated reminders and monthly tax reporting, he stressed.
Shedding light on the benefits for Nigerian businesses, the firm’s Founder and CEO added: Afri Invoice’s rich feature set is built into a single platform, offering a multitude of benefits.
These include: Core Invoicing: Professional, FIRS-compliant invoices with QR code authentication, multi-currency support with live foreign exchange rates, and automated VAT calculation and tax alerts; Payment & Tracking: Real-time payment status monitoring, integration with local gateways (Flutterwave, Zenith Bank, etc.), and automated payment reminders; Business Management: Customer and inventory databases, monthly reporting and analytics, offline invoice draft mode, and mobile-responsive design.
These features, Odenore emphasised, collectively save businesses 15–20 hours per month on administrative tasks while ensuring 100 per cent compliance accuracy. Odenore highlights users typically report 40 per cent faster invoice processing and a 60 per cent improvement in payment collection timelines compared to manual methods.
Beyond efficiency, Afri Invoice delivers significant cost savings.
By replacing the need for external accountants, manual books, or multiple apps, users can reduce operational costs. Businesses also avoid costly tax penalties and late payment losses. For larger organizations with unique requirements, bespoke enterprise solutions are available.
To guard against errors, the robust platform employs built-in compliance logic that validates every invoice before transmission. Key error-prevention features include pre-validation of all required FIRS elements, QR authentication for traceability, smart tax application based on transaction type, and missing field alerts.
This systematic approach has resulted in a 99.7 per cent compliance rate among Afri Invoice users.
The platform’s engine is continuously updated to align with FIRS requirements.
Afri Invoice offers structured, hands-on support, including automated FIRS-compliant invoice generation, educational resources (step-by-step guides, video tutorials, webinars), and a Nigeria-based support team available via live chat, email, and WhatsApp. This multi-layer protection system, including pre-send validation, default rule application, deadline alerts, and a complete audit trail, has helped users maintain a 100 per cent penalty-free record to date, Odenore pointed out, while urging businesses to act now as the FIRS July 2025 deadline for e-invoicing approaches.
Afri Invoice is founded with a passion for supporting Africa’s entrepreneurs and was built to address the unique needs of the region’s businesses.
The firm understands the challenges that come with managing finances in diverse markets and provides a solution that’s easy to use, reliable, and secure. With a deep understanding of local business environments, Afri Invoice has also crafted tools that help businesses stay compliant, get paid faster, and keep their businesses running smoothly.