The signing of the contract between Sage and Wa’ed

Sage, the market and technology leader for integrated accounting, payroll and payment systems, together with Sage’s exclusive distributor in Saudi Arabia, Josor, today signed a contract for the implementation of the Business Management Solution for enterprise sized businesses Sage X3 with Saudi Aramco Entrepreneurship Centre (Wa’ed).

Wa’ed, the entrepreneurship arm of Saudi Aramco, was established to ignite the entrepreneurial landscape and develop local enterprises in Saudi Arabia. Wa’ed offers funding, incubation, coaching, and workshops, and other resources and expertise for entrepreneurs and business owners in Saudi Arabia. As Wa’ed’s popularity and reach has increased in the recent past so has its business requirements, of which a new business management software was one of them to help streamline processes. The benefit of a business management software such as Sage X3 would reduce redundancy and inefficiencies across the business functions at Wa’ed, leading to a more comprehensive overview of the business.

In consultation with Wa’ed on the best possible Sage solution to meet current and future requirements, it was agreed the full Sage X3 suite including Sage X3 Finance, Sage X3 People, and Sage X3 Distribution, would be implemented at Wa’ed by implementation partners GulfNet Solutions and Providian.

“To efficiently tackle our increasing clientele and staff we knew we had to invest in a state-of-the-art business management solution. After consulting with Josor and receiving briefings on the applicable Sage solutions, we knew that we had a quality product that would meet our current needs and can be scaled according to future requirements. We are excited to use the best Business Management Solution available on the cloud in the market and look forward to a coherent and easy to use system,’’ commented Mr.  Sami Al-Khursani, Wa’ed Managing Director.

“Providing the industry best to meet Wa’ed requirements has been a great opportunity to display the quality, efficiency, and thoroughness of Sage solutions. We are confident that the Sage X3 platform that Wa’ed has chosen will address the current issues the organisation was facing and be capable of handling organisational growth,” commented Mr. Abdulmohsen Albadr, Founder & CEO, Josor.

“At Sage, we are proud to support and serve Small & Medium Businesses (S&MBs) as business builders that fuel the world economy. We firmly believe that the S&MBs sector is the future for economic growth around the world. We salute the Saudi government for recognising this fact and we are proud to support the plans for the sector’s development in the economic policy Vision 2030. We are truly glad to be a part of the impetus to drive change and economic development in Saudi Arabia through Aramco’s entrepreneurship arm, Wa’ed.  It is an honour to be part of this project,” commented Mr. Keith Fenner, Vice President Sage Enterprise Africa and Middle East.

The signing of the contract between Sage and Wa’ed was held at Sunset Beach Resort, Marina & Spa on 14 December 2016. The event was attended by Mr. Keith Fenner, Vice President Sage Enterprise Africa and Middle East, Sami Al-Khursani, MD of wa’ed.