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What is Mindcat Accounts?

Mindcat Accounts serves as a cloud-driven accounting solution specifically designed for small and medium-sized enterprises in the UAE and Saudi Arabia. This software combines various features such as invoicing for sales and purchases, inventory oversight, expense tracking, bank reconciliation, tax documentation, and financial reporting, while also supporting multiple companies. In Saudi Arabia, it supports e-invoicing that adheres to ZATCA/Fatoora regulations and includes invoice clearance functionalities. Although it offers UAE VAT accounting, the current version does not provide a connector for the UAE e-invoicing service provider. Users can conveniently manage their customers, suppliers, inventory, stock activities, and transactions through any web browser. Mindcat Accounts can be deployed as either a hosted SaaS solution or installed directly on client servers, providing flexibility to users. The platform features an interface and documentation available in both Arabic and English, making it user-friendly for SMEs and accounting professionals focused on regional tax compliance, invoicing, and bookkeeping tasks. Furthermore, its pricing model encompasses per-user fees, hosting costs, and setup charges, coupled with a REST API that enables integration with other systems, thereby enhancing its overall functionality and adaptability. Overall, Mindcat Accounts is committed to simplifying financial management, helping businesses effectively navigate the intricacies of accounting within the region, while also ensuring compliance with local regulations and standards.

What is Accounts Draft?

Accounts Draft is an innovative online AI toolkit designed specifically for accountants, bookkeepers, and firms in the accounting sector. This platform boasts an array of features, such as converting PDF bank statements into Excel files, categorizing transactions into suitable accounting classifications, and efficiently generating trial balance data. Additionally, it allows users to extract information from invoices, compare draft accounts with prior year financials, and create audit working papers by selecting transactions and linking them to the corresponding supporting invoices. The platform also streamlines client operations by enabling the creation of onboarding packages that include KYC checklists, AML risk assessments, identification forms, engagement letters, and professional-clearance letters, all pre-filled with information sourced from Companies House. Beyond these functionalities, the toolkit offers capabilities for preparing fee quotes, generating company-secretarial documents, and filling out HMRC 64-8 authorization forms. Users can download their outputs in a variety of formats, including spreadsheets, Word documents, and PDFs, which facilitates smooth integration into their current accounting workflows. By leveraging Accounts Draft, financial professionals can significantly boost their efficiency and precision in handling their responsibilities, ultimately leading to improved client service and satisfaction. This comprehensive suite of tools ensures that users remain competitive and well-equipped to navigate the complexities of modern accounting tasks.

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Media

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

AED/SAR 209/user/month
Per user/month: AED/SAR 209 for users 1–5, 179 for 6–20, 129 for 21–50, and 99 above 50; each band applies only to users in that band. Shared hosting has monthly minimums of AED/SAR 1,045 for quick start or 2,298 with managed setup. Vendor-dedicated hosting costs 2× the user rate; customer cloud/data-centre installation costs 1.5× plus cloud charges. One-time setup is AED/SAR 2,500 for quick start; managed setup is 14,900 for 1–20 users, 29,900 for 21–50, or from 49,900 above 50. Own-server or cloud installation adds 9,900. Prices exclude VAT; UAE service-provider fees may apply from 2027.

Pricing Information

£0
Free plan: £0, with access to the tools. Professional: £65 per month for unlimited tool usage and all features; includes up to 20 Post Router uses monthly (1,000 letters) and can be cancelled anytime. Team pricing is custom for multiple user seats; volume discounts and dedicated support are available.
Free Version

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

Mindcat Technology Consultants FZE

Date Founded

2022

Company Location

United Arab Emirates

Company Website

mindcat.ai

Company Facts

Organization Name

Accounts Draft Limited

Date Founded

2025

Company Location

United Kingdom

Company Website

accountsdraft.com

Categories and Features

Accounting

Not specified

Categories and Features

Accounting

Not specified

AI Accounting

Not specified

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