Faraimose Kutadzaushe, M-KOPA: M-KOPA is a pan-African fintech that operates in five countries, in Kenya, Uganda, Ghana, Nigeria, and South Africa.
M-KOPA provides financial services to everyday earners. These are people who strive to make a living honestly, on the African continent, typically one day at a time.
Our journey with Anaplan has just begun, but we currently use it for forecasting and budgeting. Anaplan has helped with the automation of our budgeting process. This has ensured that our work is accurate, our work is timely, and it's done in a very well-coordinated fashion.
M-KOPA is a data-rich environment. We have 35,000 direct sales reps across the five countries that we operate in. We also receive approximately 40 million payments a week. That's a lot of data to handle. And practically, it's impossible to do with spreadsheets.
So Anaplan comes in with a capability to use machine learning and other forms of AI that just enable us to do our work in a much faster way. In some instances, work that used to take us seven days to turn around has now been broken down and shrunk into a turnaround time of less than five minutes.
I'm really drawn to Anaplan, particularly because of its ability to integrate directly into our databases. This ensures that we work with one single source of truth and minimizes the possibility of working with redundant information.
I am proud because I'm leading a team that is implementing a platform that I believe will be truly transformational to our financial processes at M-KOPA.
I am Faraimose Kutadzaushe, the group CFO of M-KOPA, and we plan with Anaplan