Vendor Management

Vendors.
Contractors.
Invoices.
All compliant.

Vendor payments with automatic withholding tax. Contractor management with correct tax treatment. NRS-compliant e-invoicing through an accredited Access Point. One platform, fully reconciled.

Book a Demo See pricing
NRS-licensed Access Point Provider WHT auto-computed & remitted NDPC-accredited data handling
app.ipay.ng / vendors

Vendor payments

November 2024 · 1 pending approval

+ New payment

Total payable

₦8,330,000

WHT

₦833,000

Active

3 vendors

WHT computed at 10% on all vendor invoices · NRS remittance scheduled

Ink Lingo Ltd

ZAV-0001 · WHT 10%

₦4,200,000 Pending

Sevn Carl

ZAV-0002 · WHT 10%

₦2,150,000 Paid

Emma Supplies

ZAV-0003 · WHT 10%

₦1,980,000 Paid

01 / Vendor Payments

Pay vendors on time.
WHT handled correctly.

Every vendor payment flows through iPay with withholding tax computed at the correct rate, withheld automatically, and remitted to NRS on schedule. No manual calculations. No missed filings.

  • WHT computed at the correct rate per payment category
  • Remittance to NRS on schedule
  • Full reconciliation inside the platform; no spreadsheets
  • Track what is owed, paid, and outstanding across all vendors

WHT Summary · November

Northwind Logistics

RSV-0061 · rate 10%

₦240,000 Withheld

TechVista Ltd

RSV-0062 · rate 10%

₦175,000 Withheld

Okonkwo Supplies

RSV-0063 · rate 10%

₦98,000 Withheld

FleetCore Nigeria

RSV-0064 · rate 10%

₦160,000 Withheld
Total WHT to NRS ₦673,000

Contractors · Active Engagements

Biodun Adesanya

Legal Consultant

₦250,000/mo

WHT 5%

Amaka Eze

UX Designer

₦180,000/mo

WHT 5%

Segun Martins

Audit Advisor

₦400,000/mo

WHT 10%

3 active · ₦830,000/mo total Tax treatment auto-applied

02 / Contractor Management

Manage contractors
with the same control.

Onboard contractors, define their rate and tax treatment, and process payments all from the same platform as your staff payroll. One audit trail, no gaps.

  • Contractor onboarding and profile management
  • Scheduled and ad-hoc contractor payments
  • Correct tax treatment applied per engagement type
  • Same platform as staff payroll, zero reconciliation overhead

03 / NRS E-Invoicing

NRS-compliant invoices.
Ahead of the deadline.

Create invoices in the NRS-required format, transmit them through our accredited Access Point, track their status, and receive payment directly into the platform. Already live before the mandate hits.

  • Invoice creation in the NRS-required format
  • Transmission via accredited NRS Access Point
  • Real-time status tracking: created → transmitted → acknowledged → paid
  • Payment receipt through bank integration

NRS E-Invoices · November

NRS-2024-0041

Lagos State IRS · via NRS Access Point

₦12,400,000 Transmitted

NRS-2024-0040

TechVista Ltd · via NRS Access Point

₦1,750,000 Acknowledged

NRS-2024-0039

Dangote Cement · via NRS Access Point

₦8,900,000 Paid

Accredited NRS System Integrator + Access Point Provider

One Platform. Zero Gaps.

When everything runs together,
everything reconciles.

100%

WHT compliance rate across all vendor payments

< 24h

from invoice creation to NRS transmission

3-in-1

vendors, contractors, and e-invoicing in one system

₦0

manual reconciliation overhead after go-live

See how iPay handles
your vendors and invoices.

Book a thirty-minute demo. We'll show you the vendor payment flow, the WHT automation, and the NRS e-invoicing and exactly how quickly you can be live.

Book a Demo See pricing

No commitment required. Average setup: 3 business days.