Precise Financial Systems

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A Celebration of 25 Years of Innovation

On May 14, 2019, Precise Financial Systems Ltd. threw a party to celebrate 25 years of breaking barriers in software development. From July 1992, when it got registered as PEE-AARR Consulting Limited to when it changed its corporate name in May 1998 to PFS .

About Us

PRECISE FINANCIAL SYSTEMS LTD. is an indigenous software development company. Prior to its change of corporate name in May, 1998, PFS commenced operation in July 1992 under the former name – PEE-AARR CONSULTING LIMITED.

Through gaining experiences in various economic periods, our team are able to identify the best opportunities whether we are in good times or bad times. Good times provide growth in our portfolio and bad times, despite the potential negative effects, can provide opportunities. 

Today; PFS’ innovative and world-class solutions are running thousands of computers, serving numerous clients both in Nigeria and in thirty-seven (37) countries in Africa and beyond. With these cutting edge environmentally friendly software technologies, PFS has over the years, successfully positioned herself as a foremost force in the financial software development space of Africa. The recent successful design, development and deployment of the current National Automated Clearing System (NACS) for the Nigerian Government in 2017 further strengthens this position.

PFS holds, to her credit, numerous product trademarks that serve many financial and non-financial organisations, some of which include the banks, federal and state government parastatals, insurance companies, oil and gas companies, Telecommunication and IT companies, stock broking firms, bureau de change firms, manufacturing companies, airlines, hotels, health management organisations, logistics firms, among others.

We work with many partners to deliver financial software services to our teaming clients. Our partners include Microsoft Corporation, IBM, SAP, Ernst Reiner Gmbh & Co. KG, Germany, Arit of Africa, and International Marketing Partners. Ostensibly, we have been severally recognised on various fronts in the software development and financial services space. The company is a member of the Presidential Initiative for developing the software industry in Nigeria and a member of the CBN working group on Automated Clearing House and Cheque Truncation.

It was celebrated recently by the prestigious Cfi.co Award in London as the Winner of the Best Banking Solutions Team in West Africa. The 4th IT Edge West Africa Convergence Forum also honoured the software house as the Innovative Leader in Financial Software Solution and as the 4th of the top 50 West African IT companies. PFS was also the winner of BoICT Award as the 2013 Indigenous Software Company of the Year; Africa Innovation Awards 2014 winner as the Financial Software Solution Provider of the Year; International Business Star, Accra, Quality Awards 2014 winner as Best Software Company in Africa 2013 for software development excellence and sterling support services.

Thus far we are still embarking on our mission to help our customers break barriers and change their status quo by providing simple solutions to their complex problems using proven technologies.

Our Mission

To help our customers break barriers and change their status quo by providing simple solutions to their complex problems using proven technologies.

Our Vision

Our Vision is to be the most admired and most preferred company in our domain of business operations.

Our Values

Our clients are our ultimate teachers and instructors, our goal is their satisfaction.

We work with utmost sincerity to our counter parties as well as ourselves.

Our work environment is conducive to germinating and nurturing brilliant ideas.

Individuals are allowed to express themselves in the manner they feel most natural. 

our clients