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What is Twinfield?

Effortlessly handle all your accounting requirements, from invoicing to detailed management accounting, all for a single, affordable monthly fee. Twinfield online accounting software simplifies every facet of the accounting process, making it suitable for firms from small startups to large multinational enterprises. With real-time updates that showcase the latest transactions and invoices, collaboration is enhanced, enabling advisors to easily access up-to-date financial information for informed decision-making on vital business issues. Start with basic bookkeeping functions, and enjoy the option to add advanced features like Fixed Assets, Project Accounting, Inter-company Postings, Group Consolidation, and Currency Revaluation as your company expands. Quickly evaluate your organization’s financial condition in your preferred currency, and produce international group reports in the designated reporting currency, guaranteeing clarity and accuracy in your financial statements. This level of flexibility not only boosts operational efficiency but also fosters strategic growth as your business continues to develop, ensuring that you remain competitive in a dynamic marketplace. By integrating these features, you can effectively navigate the complexities of modern accounting while focusing on your core business objectives.

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

Media

Integrations Supported

Blotout
Coachview
Crossuite
Declaree
Exact SRXP
GreenCommerce
Gripp
HotelConnect
LEX247
Loket.nl
Meltano
Mollie
Najar
Nango
Nmbrs
Propeller
RoomRaccoon
TriFact365
Vessel

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

AED 1045 per month (5 users)
You pay per user per month. A user is a named login that works in the books: an accountant, a salesperson, a purchaser, a storekeeper, a cashier or the owner. Your customers on the portal, your outside auditor’s read-only login and our support login are free. Companies, branches, warehouses, items and invoices are unlimited, and we charge no per-invoice fees. Each band’s price applies only to the users inside that band.

Band: AED | SAR | USD per month
1 to 5: 209 | 209 | 56.91
6 to 20: 179 | 179 | 48.74
21 to 50: 129 | 129 | 35.13
Above 50: 99 | 99 | 26.96
Worked example. A distributor with 12 users pays 5 × 209 + 7 × 179 = AED 2,298 a month (SAR 2,298, USD 625.73). With 20 users it is AED 3,730 (USD 1,015.66). With 50 it is AED 7,600 (USD 2,069.43). With 100 it is AED 12,550 (USD 3,417.29). The shared plan has a minimum of AED/SAR 1,045 a month (USD 284.55) on the quick start, which is 5 users: one to five users pay the same. When we set it up with you, the shared minimum is AED/SAR 2,298 (USD 625.73), the price of 12 users.

How you run it changes the multiplier.

Shared: your own site and database on our servers, in the UAE or Saudi Arabia: The user price above | AED/SAR 1,045 (USD 284.55) on the quick start, up to 5 users. AED/SAR 2,298 (USD 625.73) when we set it up with you.
Your own servers, hosted by us in the UAE or Saudi Arabia: User price × 2 | AED/SAR 5,750 (USD 1,565.69)
In your own cloud or data centre, run by us: User price × 1.5, and you pay your cloud bill directly | AED/SAR 5,150 (USD 1,402.31)
Two ways to start. One company with up to 5 users on the shared plan starts on a fixed quick-start package that we set up, with no scoping call. From 6 users, with more than one company, stock in several warehouses or branch tills, or on your own servers or cloud, we set it up with you.

Quick start (we set it up): One company on the shared plan, 1 to 5 users | AED/SAR 2,500 (USD 680.74), fixed | Your logo on the invoice, the UAE or Saudi chart of accounts with VAT, opening balances from your trial balance on our template, customers, suppliers and items from our CSV templates (up to 1,000 rows each), ZATCA onboarding of one invoicing unit with your Fatoora OTP, the Arabic and English invoice layout, standard roles, and recorded training in Arabic and English. Ticket support, no calls and no site visit. The go-live date counts from the day your filled templates and the OTP arrive. We send the payment link within 24 hours.
Managed: From 6 users, more than one company, stock in several warehouses, branch tills, and every size on your own servers or cloud | 1 to 20 users: AED/SAR 14,900 (USD 4,057.18). 21 to 50: AED/SAR 29,900 (USD 8,141.59). Above 50: from AED/SAR 49,900 (USD 13,587.47), scoped in writing. On your own servers or cloud, add AED/SAR 9,900 (USD 2,695.71) for the install. | One 30-minute call, then setup to a written plan: each company and branch, stock and warehouses with opening stock, POS profiles, approvals, custom print formats and reports in the plan, ZATCA onboarding per branch, data moved from your old program, and live training.
Extra work is AED/SAR 900 an hour (USD 245.06), or 10 hours for AED/SAR 8,100. Outside the user price: your UAE Accredited Service Provider’s fees from 2027 (on your own contract with them), SMS or WhatsApp messages, payment gateway fees and receipt printers. The vendor bills you, or we bill them at cost plus 10% if you ask us to hold the account. There is no annual prepay discount. Prices exclude 5% UAE VAT and 15% Saudi VAT.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Wolters Kluwer

Company Location

United Kingdom

Company Website

www.wolterskluwer.co.uk/software/twinfield-online-bookkeeping-software/

Company Facts

Organization Name

Mindcat Technology Consultants FZE

Date Founded

2022

Company Location

F-15, Warba Center, Deira, Dubai, United Arab Emirates

Company Website

mindcat.ai/apps/accounts

Categories and Features

Accounting

Not specified

Project Accounting

Not specified

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
General Ledger
Multi-Currency
Tax Management

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