Wafeq software simplifies financial management by offering invoicing, expense tracking, and reporting tools. While new users may need some initial training, its intuitive design streamlines accounting tasks, making it an ideal solution for businesses seeking effective and straightforward finance management in one platform.

Wafeq Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

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What Is Wafeq?

Overview

Wafeq is a cloud-based accounting software tailored for businesses across various industries. It offers a comprehensive suite of solutions designed to simplify financial operations, including expense management, and financial reporting. By automating and streamlining these processes, Wafeq addresses common issues such as manual data entry errors and time-consuming reconciliation tasks. Its user-friendly interface and robust functionality make it an accessible choice for businesses looking to improve their financial management without requiring extensive accounting expertise.

Wafeq Pricing

Wafeq offers four packages:

  • Starter: $19/month (designed for small businesses requiring only invoices)
  • Plus: $29/month (designed to aid companies control finances)
  • Premium: $69/month (provides a complete accounting solution)
  • Enterprise: Custom quote provided (for larger companies that need customization)
However, Wafeq cost will differ depending on your organization type and needs. Users can get pricing for the plan that best suits them.

Disclaimer: The pricing is subject to change.

Wafeq Integrations

The software seamlessly integrates with Stripe, Foodics and Salla. Watch a free Wafeq demo to learn more about its integrations.

Who Is Wafeq For?

Wafeq is designed for businesses of all sizes across various industries, including:

  • Accounting
  • Marketing and advertising
  • Media production
  • Retail
  • Professional services
  • Hospitality
  • Construction

Is Wafeq Right For You?

Wafeq excels in user-friendly, practical financial oversight. As an all-in-one solution, it's trusted by over 7,000 companies globally for its scalability and security. Notable clients include Proton, GBS Oil & Gas, Bryanston Logistics, and Tabby.

Still not sure if Wafeq is right for you? Get in touch with our customer support team at (661) 384-7070, and it will help you make the best decision.

Wafeq Features

Wafeq simplifies the management of supplier invoices and employee reimbursements. It streamlines the approval process and tracks expenses, ensuring accurate financial records and reducing administrative overhead for efficient expense management.

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This feature handles salary calculations, tax deductions, and benefits management. It automates payroll processing, ensuring timely and accurate payments while maintaining compliance with labor regulations.

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Wafeq monitors stock levels, manages orders, and tracks inventory movement. It helps businesses maintain optimal stock levels, reduce holding costs, and prevent stockouts or overstock situations, ensuring efficient inventory management.

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Users can automate the calculation and preparation of VAT returns, ensuring compliance with tax regulations. It simplifies the process of gathering necessary data, reducing the risk of errors, and facilitating timely submission of VAT reports.

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Wafeq generates detailed financial reports and analytics. It provides actionable insights into business performance, aiding in informed decision-making and financial planning by delivering clear, accurate, and comprehensive financial data.

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Wafeq Reviews

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Frequently Asked Questions

Yes, Wafeq offers an API.