A Qoyod alternative with you in mind
Thinking about Wafeq vs Qoyod? Wafeq gives you more users, more automation, and more features per plan — at similar pricing. No per-user add-on fees, no feature caps on lower tiers.
Plans from SAR 99/month
Software that works for your business
Qoyod is a solid accounting tool for Saudi businesses. Wafeq goes further — with AI automation, more users included per plan, and features like payroll built in, not charged as add-ons. Simple, powerful, and no complexity you'll never use.
15,000+
Saudi businesses trust Wafeq
2 to 4 times
More users per plan vs. Qoyod
More than 40
Financial reports
More than 60
Granular permissions
More value per Riyal
2 to 4 times more users included
Wafeq includes 2–20 users depending on your plan. Qoyod includes 1–5 users and charges SAR 240/user/year for extras.
Unlimited branches on Premium
Wafeq Premium gives you unlimited branches. Qoyod caps at 5 branches on their top plan and charges SAR 480/location/year for more.
AI-powered Arabic OCR
Wafeq uses AI to scan and process Arabic bills automatically. Qoyod doesn't offer OCR at any tier.
Payroll included, not an add-on
Wafeq Premium includes payroll at no extra cost. Qoyod charges SAR 120/employee/year as add-on.
Where Wafeq leads
Wafeq wins on automation, users, reporting, and value. Here's what you get that Qoyod can't match.
Invoicing & compliance
Unlimited invoicing compliant with Zatca-Phase 2
- Unlimited invoices and credit notes
- ZATCA Phase 2 certified e-invoicing
- Quotes, estimates, and delivery notes
- WhatsApp invoice delivery
- 50+ customizable invoice templates
- Bulk e-invoicing API
- 6-year audit trail
Automation & intelligence
Automated AI-powered accounting
- AI-powered Arabic OCR
- WhatsApp bulk upload
- Sheet view for editing
- Bank integration (SAB, Al Rajhi)
- Keyboard shortcuts
- Auto exchange rates
Accounting & reporting
Advanced and accurate reporting
- 40+ financial reports on all plans
- P&L, Balance Sheet, Cash Flow on all plans
- Cost centers
- Project profitability
- Multi-company reports
- PDF export
Pricing
All the essential tools for accounting and compliance
Need more? Enterprise plans with unlimited users, consolidated reporting, and direct Saudi bank feeds are available. Contact sales
Start using Wafeq for free
Access all features for 14 days, then decide which plan best suits your business.