The partnership aims to transform how businesses across Saudi Arabia and Central Asia Operate
Riyadh, Saudi Arabia – February 9, 2025: FAI, a leading Saudi-based provider of cloud-based invoicing and tax management solutions, has partnered with kpi.com, an AI-powered business management platform. The partnership aims to transform how businesses across Saudi Arabia and Central Asia operate by offering streamlined, compliant, and efficient business management tools.
This landmark partnership was formalized at the prestigious LEAP 2025 tech conference in Riyadh, signaling a new era of innovation and growth in the region. Combining FAI’s in-depth understanding of local compliance requirements with kpi.com’s AI-driven solutions, the collaboration will empower businesses to navigate complex tax landscapes, automate workflows, and enhance operational efficiency.
Driving Compliance in Saudi Arabia’s Evolving Tax Landscape
Saudi Arabia has undergone significant tax reforms since the introduction of VAT in 2018, with rates increasing from 5% to 15% in 2020. As regulations become more stringent, businesses face mounting pressure to maintain digital records, file accurate tax returns, and meet tight reporting deadlines.
FAI’s expertise in compliance ensures seamless adherence to ZATCA (Zakat, Tax, and Customs Authority) and FATOORA (the national e-invoicing system) requirements, providing businesses with reliable tools for VAT filing, digital record-keeping, and e-invoicing.
“This partnership marks a pivotal moment in our mission to simplify business operations for our clients,” said Jassim Alharoon, CEO and founder or FAI. “By joining forces with kpi.com, we’re offering businesses an integrated solution that enhances efficiency while ensuring compliance with Saudi Arabia’s evolving tax regulations.”. he added.
kpi.com’s AI-powered platform delivers cutting-edge solutions for accounting, HR, CRM, and inventory management, making it an ideal partner for businesses seeking to streamline their operations.
“As the Founder and CEO of KPI.com, I’m proud to spotlight our strategic integration with Fai.sa, which is pivotal in supporting our expanding customer base in Saudi Arabia. While we continue to focus on leveraging AI to power advanced tools across our five core modules—particularly our advanced accounting module—Fai.sa acts as a trusted middleware partner, expertly managing the compliance landscape in KSA, specifically with ZATCA, FATOORA, and beyond”, kpi.com CEO, Muzaffar Karabaev.
What This Partnership Brings to Businesses:
- AI-Driven Efficiency: Automate workflows and gain actionable insights.
- Seamless Compliance: Align with Saudi tax regulations, including VAT and Zakat.
- Integrated Solutions: Manage accounting, HR, CRM, and more from a single platform.
- Data Security: Protect sensitive financial and operational data with robust safeguards.
**Ends**
About FAI
Fai is a financial automation platform designed for Saudi businesses, helping SMEs and enterprises streamline tax compliance, accounting, and financial management. Integrated with local regulations, Fai reduces manual work, ensures accuracy, and connects businesses to accounting systems, payment gateways, and tax authorities.
With 20+ platform partnerships and 6,000+ businesses using its services, Fai enables seamless compliance and financial operations. Leveraging automation and AI-powered insights, it simplifies VAT filings, transaction reconciliation, and financial reporting. As Saudi Arabia advances its digital transformation, Fai is empowering businesses to navigate financial compliance with confidence.
For more information, visit www.fai.sa
Website: https://fai.sa/
X: https://twitter.com/AhadNetwork
LinkedIn: https://www.linkedin.com/company/ahadnetwork
About kpi.com
kpi.com is a cloud-based, AI-powered business management tool that helps SMEs and large enterprises streamline their operations. Founded in 2008, kpi.com was created to address the growing need for an all-in-one platform that simplifies complex business processes. Over the years, it has evolved into a comprehensive suite covering accounting, HR, project management, CRM, and more.
With a mobile-first approach, and over 10,000 users across 50+ countries, kpi.com empowers businesses to manage their operations anytime, anywhere. Its intuitive interface, real-time data access, and automation tools enable companies to make smarter decisions, improve productivity, and drive growth. Designed for flexibility and scalability, kpi.com supports businesses at every stage of their journey, making it easier to adapt to changing needs in today’s dynamic market.
For more information, visit www.kpi.com
Website: https://www.kpi.com/
X: https://twitter.com/kpidotcom
LinkedIn: https://www.linkedin.com/company/kpi-com—finnet-limited
Media Contact:
Tawney Kruger
CGO
tawneyk@kpi.com
+998950868000
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