In sub-Saharan Africa, Mobile Money is the dominant settlement method for SMEs and small vendors. Yet almost every procurement software on the market ignores this channel: they handle SWIFT bank transfers and cheques, but leave Mobile Money payments outside the P2P cycle, in spreadsheets or separate apps. This creates audit trail gaps, accounting problems and fraud risks. Procura is designed for the African market. Mobile Money payment is not a bolt-on or optional module: it is a native payment method, integrated into the same approval workflow as bank transfers, with full traceability and automatic accounting posting.
MTN Mobile Money, Orange Money, Wave and Moov Money are available as disbursement modes in Procura. Your finance team selects the operator when creating the payment order, same interface, same audit trail as a bank transfer.
Signing policies apply equally to Mobile Money and bank transfers. A Mobile Money payment of FCFA 500,000 requires the same approval level as a bank transfer of the same amount. No bypass possible.
The Mobile Money payment initiator cannot be their own approver. SOD controls configured in your policy apply to all payment channels without exception. Result: no fraud risk from an unmonitored Mobile Money channel.
Every validated Mobile Money payment automatically generates its accounting entry: debit account 401 (vendor) / credit account 512 Mobile Money. The posting is dated, referenced to the payment, and available in Comptia journals for the accountant.
Mobile Money statements (MTN, Orange, Wave) are imported into Procura for automatic reconciliation against recorded payments. Discrepancies (pending payment, wrong amount) are immediately flagged to the finance team.
Procura manages operators active by country: MTN MoMo (Benin, Côte d'Ivoire, Ghana, Cameroon, Uganda, Nigeria), Orange Money (Senegal, Côte d'Ivoire, Cameroon, Guinea, Mali, Burkina), Wave (Senegal, Côte d'Ivoire, Mali, Burkina), Moov Money (Benin, Togo, CI). A group present in multiple countries accesses all operators from the same interface.
The BCEAO mandated Mobile Money interoperability in the UEMOA zone since 2020 via SIME (Interbank Electronic Money System). Under SYSCOHADA Revised 2018, Mobile Money balances are classified under account 512 (Banks, financial institutions and equivalents, electronic money). Procura integrates both realities: operator interoperability in the payment workflow, and SYSCOHADA-compliant chart of accounts for the resulting entries.
Yes. This is one of the most common use cases: your vendor has no bank account but has a Mobile Money account (MTN, Orange, Wave). Procura disburses directly to their Mobile Money number from the standard approval workflow.
Yes. Mobile Money payments are included in all Procura reports: vendor balance, spend analysis by category, overall cash, and CFO dashboard. No data is hidden by payment channel.
Mobile Money entries (512 / 401) generated by Procura are exported to Comptia and integrated into the trial balance, bank ledger and cash flow statement (TFT). No additional manual entry for the accountant.
Procura applies limits defined by your internal approval policy, not an arbitrary cap. Operator regulatory limits (e.g. BCEAO per-transaction caps) are managed at the Mobile Money operator level.
M-Pesa (Safaricom Kenya) deployment is on the anglophone expansion roadmap. Currently supported operators are MTN MoMo, Orange Money, Wave and Moov, covering the UEMOA/CEMAC zone and Ghana.
Yes. A Procura payment batch can simultaneously contain bank transfers and Mobile Money payments to different vendors. Each line is processed via its channel with its corresponding accounting entry.