01
Finance & Accounting
The backbone.
- Accounts Payable & Receivable (AP / AR)
- General Ledger & Fixed Assets (GL / FA)
- Bank reconciliation & Treasury
- Local tax (VAT filing, claims & disputes)
- Financial reporting & management accounts
Digital transformation · Finance · Saudi Arabia
Stop Managing
Your Finances.
Start Using Them.
We help Saudi startups, SMBs and family businesses modernize their finance function and run leaner — at a fraction of Big 10 prices.
★ Certified Xero Partner
ZATCA-ready
Saudi-registered
The Problem
If any of this sounds familiar, we should talk.
01
Books always 2 months behind
You're making decisions on stale data — or no data at all.
02
VAT filed late, claims missed, disputes unresolved
One missed deadline costs more than a year of fees.
03
No dashboard, no decisions
You have data. You just can't see it, trust it, or act on it fast enough.
04
Your systems don't talk to each other
Orders, invoices, inventory — all siloed, all manual, all slowing you down.
05
Big 4 quoted you 6 figures
For something that should cost a fraction.
What we do
Three pillars. One outcome: a finance function that works for you.
02
Digital Transformation
The growth engine.
- Power BI dashboards & financial analytics
- ERP implementation — Certified Xero Partner & Odoo
- Process automation (AP/AR, approvals)
- System integrations
03
Advisory
The strategic layer.
- Fractional CFO services
- Digital roadmap consulting
- Finance & systems health checks
- Internal controls design
- Investor-ready reporting
Industries we know
Built for the businesses that actually run the Saudi economy.
Entertainment & Events
Large-scale event operations. Project-based accounting, multi-event consolidation, cost control across complex productions.
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Restaurants & F&B
Single outlets to multi-branch chains. COGS tracking, daily revenue reconciliation, supplier AP management.
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Food Manufacturing
Factory-scale operations. Inventory costing, production variance, landed cost, and supply chain finance.
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Retail & E-commerce
Multi-channel revenue recognition, inventory accounting, marketplace reconciliation, and platform integrations.
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Ventures & Startups
Fund accounting, SaaS metrics dashboards, investor-ready reporting, and multi-entity consolidation.
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Deep dive
How we serve each industry — in detail.
Entertainment & Events
Live event P&L. Vendor chaos. Government receivables. Solved.
The Books We Keep Clean
- Project-based accounting per event
- Vendor advances & talent / artist payments
- Multi-event consolidation
- Milestone billing & deferred revenue
- Government client receivables management
The Dashboards We Build
- Live P&L per event in real time
- Vendor advance & milestone tracker
- Cash forecast across the next 3 event cycles
- Government receivables aging board
- Production cost vs budget heatmap
Pain → Outcome
5 events, 5 spreadsheets
One unified cockpit · P&L per event in 1 click
Government takes 90+ days to pay
Cash forecast built around it · never caught short
Vendors demand advances upfront
Every advance tracked against deliverables
Restaurants & F&B
Daily P&L. Food cost. Multi-branch. All in one place.
The Books We Keep Clean
- Daily revenue close per branch
- Supplier AP & purchase orders
- Food cost (COGS) tracking
- Staff payroll & GOSI
- Delivery platform reconciliation (HungerStation, Jahez, Toyou, Mrsool)
The Dashboards We Build
- Daily P&L per branch, refreshed nightly
- Food cost % vs target with variance alerts
- Delivery platform fee analysis
- Prime cost tracker (food + labor)
- Branch-level performance leaderboard
Pain → Outcome
Don't know which branch is profitable
Daily P&L per branch on your phone
Delivery platforms eat 30% of the margin
Per-platform fee + commission analysis
Food cost runs wild
Daily food cost % dashboard with variance alerts
Food Manufacturing
Standard costing. Production variance. Built for factories.
The Books We Keep Clean
- Standard costing & BOM accounting
- Raw material AP & production payables
- WIP & finished goods inventory
- Production variance (price / usage / yield)
- Supply chain financing
The Dashboards We Build
- Production cost dashboard per SKU
- Variance analysis (price, usage, yield)
- Raw material price tracking
- Batch profitability
- Demand forecasting & inventory planning
Pain → Outcome
Don't know real cost per SKU
Standard cost vs actual · per batch · per SKU
Raw material prices swing unpredictably
Live tracking + auto-alert on margin compression
Excess inventory ties up cash
Demand forecasting drives purchase planning
Retail & E-commerce
Multi-channel revenue. Marketplace fees. Returns. Reconciled automatically.
The Books We Keep Clean
- Multi-channel revenue recognition (Salla, Zid, Shopify, Amazon, Noon)
- Inventory accounting per channel
- Marketplace fee reconciliation
- COD (cash on delivery) management
- Returns & refund accounting
The Dashboards We Build
- Multi-channel P&L dashboard
- Real-time inventory across channels
- COGS per SKU
- Marketplace fee analysis
- Returns rate & margin impact
Pain → Outcome
5 platforms, 5 different reports
Unified channel P&L
COD ties up your cash for weeks
COD aging + collection tracker
Marketplaces take what?
Per-platform fee breakdown + margin alert
Ventures & Startups
MRR. Burn. Runway. Investor-ready, every month.
The Books We Keep Clean
- Fund accounting (capital calls, management fees, carry)
- Portfolio company consolidation
- MRR / ARR tracking for SaaS
- Burn rate & runway
- Multi-currency consolidation
The Dashboards We Build
- LP reporting dashboard (NAV, IRR, MOIC)
- Portfolio performance tracker
- MRR / ARR / CAC / LTV dashboard
- Runway & burn forecast
- Multi-entity consolidated P&L
Pain → Outcome
Investors want monthly updates
Auto-generated LP reports
Don't know real runway
Live runway forecast with scenarios
Multi-currency consolidation is painful
Daily FX-adjusted consolidation
Why AKID
Boutique. Bilingual. Built for the way Saudi businesses actually work.
Finance + Tech, one team
Most consultancies are one or the other. We do both — so your books, dashboards and automations actually talk to each other.
60–80% cheaper than Big 10
Same caliber of work. Senior people on the call. No army of analysts billing by the hour.
Weeks, not months
Your monthly close in 5 days. ERP go-live in 3 weeks. A live Power BI dashboard in one.
Founder-led delivery
You work directly with senior partners. No handoff to juniors. No revolving door of account managers.
Saudi-native
ZATCA, Saudi labor law, VAT — built into how we work, not bolted on after.
Bilingual by design
Reports, dashboards, and conversations in English or Arabic — whatever your team needs.
How we work
Four steps from a messy spreadsheet to a finance function you trust.
01
Discover
Free 30-minute Health Check. We listen, ask hard questions, and tell you straight if we can help — or if you need someone else.
02
Diagnose
We map your finance and tech stack. You get a written recommendation: what to fix, in what order, and what it'll cost.
03
Build
Clean books, ERP setup, dashboards, automation. Senior people only. Weekly progress. No surprises in the invoice.
04
Operate
Monthly close, reporting, continuous improvement. We become your finance backbone — on-call when you need us.
FAQ
The questions every founder asks us first.
How much does AKID cost?
It depends on your size, stack, and what you need. Typically 60–80% less than a Big 10 firm for the same scope of work. Book a free Health Check and we'll send you a written quote within 48 hours — no obligation.
How long does an engagement take?
Monthly close is live in 5 days. Power BI dashboards in a week. ERP implementation in 3 weeks. Full digital transformations in 8–12 weeks.
Do we need to switch our accounting software?
No. We work with what you have. If switching would actually help you, we'll tell you straight — and migrate you cleanly. We're a Certified Xero Partner and have implemented Odoo and Zoho Books at scale.
Can you work with our existing finance team?
Yes — and we usually do. Most engagements augment your team: we bring the missing skills (digital, automation, BI) and upskill your people. We replace teams only when you ask us to.
Are you ZATCA-compliant and Saudi-registered?
Yes. AKID is a Saudi-registered firm based in Riyadh. Every system we deploy is ZATCA Phase 2 compliant out of the box.
What if we only need bookkeeping, not full transformation?
That's fine. Our Finance & Accounting pillar stands on its own — clean books, monthly close, VAT filing, reporting. Start there. Grow into the rest if and when you want.
Let's talk numbers — yours.
Book a free 30-minute Finance Health Check. We'll review your current setup, flag risks, and give you a one-page plan. No pitch, no obligation.