HomeBusinessRevealed: Why Access Bank launched AI-powered app for SMEs

Revealed: Why Access Bank launched AI-powered app for SMEs

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Access Bank unveiled the Access SME App at its maiden SME conference in Lagos over the weekendThe app allows small business owners to monitor sales, inventory and staff activities from a single platformExperts at the event warned that about 50% of small businesses fail within their first year of operation in Nigeria

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

Access Bank Plc has introduced a new artificial intelligence (AI)-powered application designed to help small and medium-sized enterprises (SMEs) manage their businesses more efficiently from anywhere.

The new Access SME App was unveiled at the bank’s maiden SME Conference held in Lagos over the weekend.

Access gives access to sales and inventory via AI-powered appRoosevelt Ogbonna-led Access Bank unveils AI-powered app to track sales, staff and inventory. Credit: Access Bank
Source: Facebook

The conference, themed “AI for SMEs: Scaling Through Digital Tools,” brought together government officials, technology experts, business leaders and entrepreneurs to

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