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What is Paranova?

Paranova is an innovative mobile application tailored for bookkeeping and personal finance, specifically for independent professionals, small teams, and retail enterprises. It encompasses a variety of business management tools designed to assist users in efficiently organizing customer and supplier accounts, handling invoices and quotes, managing cash register totals, tracking inventory transactions, recording expenses, processing employee advances, and monitoring time. The app also supports the inclusion of VAT and withholding in invoices and quotes, allowing for easy access to outstanding balances for follow-up. To boost productivity, it enables team permissions for staff to submit expenses, which must then receive managerial approval, while all business records can be exported in CSV format for straightforward access by accountants. Furthermore, Paranova includes a personal ledger that helps users oversee their budgets, set savings goals, and track their spending. Users can choose to operate without creating an account; however, having one provides the benefit of cloud backup and synchronization across multiple devices. Currently, the business modules of Paranova are in beta testing, actively seeking feedback from early adopters to improve the service. This user-friendly app aims to streamline financial management, making it an essential asset for navigating today’s dynamic business landscape and empowering users to take control of their financial well-being.

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.

Media

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Media

No images available

Integrations Supported

WhatsApp

Integrations Supported

API Availability

API Availability

Has API

Pricing Information

$0
The core personal ledger is free. Business modules are free during the beta.
Free Version

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.

Supported Platforms

iPhone
iPad

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Not specified

Company Facts

Organization Name

Innovasoft

Date Founded

2026

Company Website

paranovaapp.com/en/

Company Facts

Organization Name

Mindcat Technology Consultants FZE

Date Founded

2022

Company Location

United Arab Emirates

Company Website

mindcat.ai

Categories and Features

Accounting

Not specified

Categories and Features

Accounting

Not specified

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