Mindcat Accounts Description
Mindcat Accounts is a cloud-based accounting solution tailored for small and medium enterprises in the UAE and Saudi Arabia. This software integrates various functionalities, including sales and purchase invoicing, inventory management, expense tracking, bank reconciliation, tax documentation, and financial reporting, while also accommodating multiple companies. For businesses in Saudi Arabia, it facilitates e-invoicing that complies with ZATCA/Fatoora regulations, featuring invoice clearance capabilities. While UAE VAT accounting is included, the platform currently lacks a connector for the UAE e-invoicing service provider. Users can efficiently oversee their customers, suppliers, inventory, stock activities, and transactions directly through a web browser. Offering flexibility, Mindcat Accounts can be utilized as either a hosted SaaS solution or installed on a client’s servers. The interface and documentation are accessible in both Arabic and English, ensuring a user-friendly experience for SMEs and accounting professionals involved in regional tax compliance, invoicing, and bookkeeping. Additionally, the pricing structure includes per-user fees, hosting expenses, and setup charges, while a REST API allows for integration with other systems, enhancing its functionality and adaptability. Overall, Mindcat Accounts aims to streamline financial management for businesses navigating the complexities of accounting in the region.
Pricing
Band: AED | SAR | USD per month
1 to 5: 209 | 209 | 56.91
6 to 20: 179 | 179 | 48.74
21 to 50: 129 | 129 | 35.13
Above 50: 99 | 99 | 26.96
Worked example. A distributor with 12 users pays 5 × 209 + 7 × 179 = AED 2,298 a month (SAR 2,298, USD 625.73). With 20 users it is AED 3,730 (USD 1,015.66). With 50 it is AED 7,600 (USD 2,069.43). With 100 it is AED 12,550 (USD 3,417.29). The shared plan has a minimum of AED/SAR 1,045 a month (USD 284.55) on the quick start, which is 5 users: one to five users pay the same. When we set it up with you, the shared minimum is AED/SAR 2,298 (USD 625.73), the price of 12 users.
How you run it changes the multiplier.
Shared: your own site and database on our servers, in the UAE or Saudi Arabia: The user price above | AED/SAR 1,045 (USD 284.55) on the quick start, up to 5 users. AED/SAR 2,298 (USD 625.73) when we set it up with you.
Your own servers, hosted by us in the UAE or Saudi Arabia: User price × 2 | AED/SAR 5,750 (USD 1,565.69)
In your own cloud or data centre, run by us: User price × 1.5, and you pay your cloud bill directly | AED/SAR 5,150 (USD 1,402.31)
Two ways to start. One company with up to 5 users on the shared plan starts on a fixed quick-start package that we set up, with no scoping call. From 6 users, with more than one company, stock in several warehouses or branch tills, or on your own servers or cloud, we set it up with you.
Quick start (we set it up): One company on the shared plan, 1 to 5 users | AED/SAR 2,500 (USD 680.74), fixed | Your logo on the invoice, the UAE or Saudi chart of accounts with VAT, opening balances from your trial balance on our template, customers, suppliers and items from our CSV templates (up to 1,000 rows each), ZATCA onboarding of one invoicing unit with your Fatoora OTP, the Arabic and English invoice layout, standard roles, and recorded training in Arabic and English. Ticket support, no calls and no site visit. The go-live date counts from the day your filled templates and the OTP arrive. We send the payment link within 24 hours.
Managed: From 6 users, more than one company, stock in several warehouses, branch tills, and every size on your own servers or cloud | 1 to 20 users: AED/SAR 14,900 (USD 4,057.18). 21 to 50: AED/SAR 29,900 (USD 8,141.59). Above 50: from AED/SAR 49,900 (USD 13,587.47), scoped in writing. On your own servers or cloud, add AED/SAR 9,900 (USD 2,695.71) for the install. | One 30-minute call, then setup to a written plan: each company and branch, stock and warehouses with opening stock, POS profiles, approvals, custom print formats and reports in the plan, ZATCA onboarding per branch, data moved from your old program, and live training.
Extra work is AED/SAR 900 an hour (USD 245.06), or 10 hours for AED/SAR 8,100. Outside the user price: your UAE Accredited Service Provider’s fees from 2027 (on your own contract with them), SMS or WhatsApp messages, payment gateway fees and receipt printers. The vendor bills you, or we bill them at cost plus 10% if you ask us to hold the account. There is no annual prepay discount. Prices exclude 5% UAE VAT and 15% Saudi VAT.
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Mindcat Accounts Features and Options
Accounting Software
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