About Wafeq
Wafeq is an accounting and e-invoicing solution that bundles core finance tasks—sales documents, purchasing, inventory, payroll, and reporting—into one system. The product is marketed for business owners and accountants who want to send invoices or purchase orders, manage stock, handle payroll, and produce dozens of reports, including VAT-related reporting. Its positioning is practical day-to-day accounting with compliance-ready outputs and centralized reporting. Key capabilities: • Invoices, quotes, and purchase orders Inventory tracking and basic procurement workflows Payroll management (as marketed) 30+ / 40+ financial reports (as marketed) VAT reporting and returns support Best for: SMBs that need accounting plus e-invoicing and VAT reporting.
Wafeq Details
Wafeq's In-App Market Place
Does Wafeq have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
SAR (ر.س), USD ($), EUR (€)
Pros & Cons
- • User-friendly interface designed for beginners in accounting.
- • Multilingual support for Arabic and English languages.
- • E-invoicing and tax management features compliant with UAE regulations.
- • Cloud-based deployment for easy accessibility and scalability.
- • Bank reconciliation capabilities to save time on data entry
- • Limited functionalities compared to more comprehensive accounting software.
- • Project management, CRM, and sales & marketing features might be basic.
- • Limited information on integrations with other business tools.
- • Focus on the UAE and surrounding regions, with potential limitations for international support.
- • Pricing details not readily available (requires contacting sales}
Wafeq's Support Options
Documentation
https://www.wafeq.com/en/docs