Automate Bank Reconciliation in Your ERP
Raqeb securely retrieves your bank transactions through open‑banking connections and posts them directly into your ERP’s general ledger. This eliminates manual data entry, reduces delays and improves accuracy
Early Access Now Available – official Odoo partner in Saudi Arabia.
Still Managing Your Financials Manually?
You're Exposing Your Company to Risk.
Every day you delay automation is another day of wasted time, increased errors, and missed opportunities.
Hours of Manual Work
Your finance team spends hours every day downloading bank statements, matching transactions, and manually entering data into your ERP.
Human Errors Everywhere
Typos in amounts, wrong account codes, missed transactions. Every manual step is a chance for something to go wrong.
Delayed Financial Visibility
By the time your records are reconciled, the data is already outdated. Without real-time financial visibility, informed decision-making becomes difficult.
The Reality Is This: While you’re still reconciling your accounts manually, your competitors are already making faster, more confident decisions. Powered by real-time financial data.
It’s not just time you’re losing; it’s momentum, opportunities, and competitive edge.
Here's How Raqeb Fixes This
We built Raqeb to eliminate repetitive financial tasks and help Saudi businesses gain control over their data, faster. Here’s how it works:
Install Raqeb
Add Raqeb directly into your ERP system (starting with Odoo). No new software or external dashboards, just one seamless plugin built for finance automation.
Connect Your Bank Accounts
Securely link your business bank accounts using Open Banking. Raqeb supports multiple bank accounts.
Automate Your Ledger
Raqeb automatically imports all transactions, posting them directly into your general ledger. Accurate, timely, and fully traceable.
The Magic Happens Here
Every morning, Raqeb automatically pulls your bank transactions, matches them against your invoices and rules, and posts them directly to your ERP's general ledger. Your books are always current, always accurate.
Real-time Synchronization
Bank data flows into your ERP within minutes, not days
Smart Transaction Matching
AI-powered rules learn your patterns and improve over time
Bank-grade Security
Open Banking APIs with enterprise-level encryption
Multiple Bank Support
Connect all your business accounts in one place
Everything You Need to Automate Finance
Raqeb isn’t just about moving data around. It’s about giving you the tools to run a modern finance operation that scales with your business.
Automated Ledger Entries
Transactions from connected bank accounts are automatically categorized and recorded into your general ledger—saving hours of manual entry.
Reconciliation Check
Raqeb cross-checks recorded transactions against actual bank data, helping you catch mismatches before they become financial reporting issues.
Multi-Bank Connectivity
Connect all your company’s bank accounts through a single integration—ensuring complete financial visibility across institutions.
Real-Time Financial Data
View accurate, up-to-date financial data directly inside your ERP dashboards, helping you make better business decisions, faster.
Built-In Security
Your financial data is handled securely using industry-standard practices. Raqeb is built with privacy and safety in mind from day one.
Finance Team Alignment
Give your finance team a unified workspace. Everyone sees the same data, works from the same system, and stays coordinated—no silos, no confusion.
Built by Finance People, for Finance People
We understand the daily grind of ERP financial management because we've lived it. That's why Raqeb integrates seamlessly with your existing workflows instead of forcing you to change everything.
99.9%
Transaction Accuracy
5 min
Average Processing Time
80%
Time Savings on Reconciliation
The Impact on Your Business
Will Surprise You
When you stop wasting time on manual processes, amazing things happen. Here’s what our early adopters are seeing:
Save 20+ Hours Per Week
Free up your finance team to focus on analysis and strategy.
Reduce Errors by 95%
Automated transaction processing eliminates manual mistakes.
Scale Without Hiring
Handle 10× more transactions without hiring additional staff.
Improve Compliance
Audit trails and real‑time reconciliation support local regulatory requirements.
Quick ROI Calculator
Let's say your finance person spends 4 hours per day on manual reconciliation at 112.5 SAR/hour...
117,00 SAR
Annual labor cost
Less than 18,500 SAR/year
Raqeb’s Cost
98,500 SAR
Your annual savings
That’s a 532% ROI in year one. And we haven’t even counted the cost of errors, delayed insights, or the opportunity cost of not having real-time data.
Built for Modern
Finance Teams
Whether you’re running the numbers, managing the process, or implementing the solution, Raqeb fits into your world seamlessly.
CFOs & Finance Directors
Strategic Leaders
You need real-time financial insights to make decisions, but your team is buried in manual data entry. Raqeb gives you current, accurate data without adding headcount.
- Real-time cash flow visibility
- Faster month-end close
- More time for strategic analysis
Finance Teams & Bookkeepers
Day-to-Day Users
You’re tired of the same repetitive reconciliation work every day. Raqeb eliminates the tedium so you can focus on meaningful financial analysis and problem-solving.
- No more manual data entry
- Eliminate reconciliation errors
- Focus on value-add activities
ERP Consultants & Resellers
Implementation Partners
Your clients want modern financial automation but existing solutions are complex and expensive. Raqeb is the missing piece that makes ERP implementations truly valuable.
- Easy client onboarding
- Competitive differentiation
- Additional revenue opportunity
Sound Like You?
Join finance teams who are already saving hours every week and getting better
insights from their ERP systems.
Early access spots are limited – get yours before we open to the general public.
Early Access Special Pricing
We are preparing for formal approval by the Saudi Central Bank (SAMA). During our early‑access phase you can shape the product and secure founder pricing.
Pricing Plan
2 week free trial
Then starting below 5,000 SAR per year
- Unlimited bank connections and transactions
- Unlimited transactions
- Support for major ERP systems
- Priority support and direct input on feature requests
- Direct founder access
- Feature request input
- Lock-in this pricing forever
- Cancel anytime
- Early access is limited.
- Have a contact sales button
What Happens Next?
1
Reserve Your Spot
Join the early‑access list and lock in founder pricing.
2
Participate in beta testing
Help us refine the solution with your real data and feedback.
3
Launch
Once licensed and ready for general availability, go live with full automation and ongoing support.
No setup fees. No long‑term contracts. Cancel anytime.
Just automated financial workflows that actually work.
Works With Your Existing Systems
If you don’t see your ERP or bank listed, let us know—future integrations will be prioritised based on demand.
ERP Systems
Native integrations with popular ERP systems. More platforms added regularly based on demand.
Odoo
NetSuite
SAP Business One
Sage Intacct
QuickBooks Enterprise
Microsoft Dynamics
Don’t see your ERP? Let us know and we’ll prioritize it.
Bank Connections
Open Banking API connections to major financial institutions worldwide.
Gulf International Bank (GIB)
Alinma Bank
Bank AlBilad
Saudi National Bank (SNB)
Riyad Bank
Al Rajhi Bank
Banque Saudi Fransi
Bank AlJazira
Arab National Bank
Powered by Open Banking APIs with bank-grade security and compliance.
Installation
A simple plugin installation within your ERP—no separate server infrastructure required.
Security
SOC 2 Type II compliant with 256‑bit encryption and OAuth 2.0. Credentials are never stored on our servers.
Support
A dedicated implementation team in Saudi Arabia provides onboarding and ongoing technical support.
Questions? We've Got Answers
These are the most common questions we get from finance teams considering Raqeb. Don’t see yours? Just ask.
How secure is Raqeb with our banking data?
Raqeb uses Open Banking APIs, which are the same secure protocols your bank uses for their own mobile apps. We’re SOC 2 Type II compliant, use 256-bit encryption, and never store your banking credentials. Your data is encrypted in transit and at rest, and we follow all financial industry security standards.
Which ERP systems does Raqeb currently support?
We currently have native integrations for Odoo, NetSuite, and SAP Business One, with Sage Intacct and QuickBooks Enterprise in development. We’re adding new ERP platforms based on customer demand. If you don’t see your ERP listed, let us know and we’ll prioritize it.
How long does it take to get Raqeb up and running?
Most implementations take 1-2 weeks from start to finish. This includes installing the plugin in your ERP, connecting your bank accounts via Open Banking APIs, setting up your transaction rules, and testing the automation. Our team handles the technical setup while you focus on configuring the business rules.
What happens if Raqeb makes a mistake in transaction matching?
Raqeb includes built-in approval workflows and audit trails. You can set confidence thresholds so that uncertain matches get flagged for human review before posting. All transactions include complete audit logs, and you can always reverse or correct any automated entries just like manual ones.
Can we customize how transactions are categorized and posted?
Absolutely. Raqeb’s rule engine is fully customizable. You can set up rules based on transaction amounts, descriptions, counterparties, or any other criteria. The system learns from your patterns and gets smarter over time. You maintain full control over your chart of accounts and posting logic.
What's included in the early access program?
Early access members get 6 months free, then lock in our founder pricing of $200/month per ERP connection forever. You’ll also get direct access to our development team, priority support, input on new features, and help shaping the product roadmap. Plus unlimited bank connections and transactions.
Can we connect multiple bank accounts from different banks?
Yes! Raqeb supports unlimited bank connections from any bank that offers Open Banking APIs (which includes virtually all major business banks). You can connect checking accounts, savings accounts, credit cards, and more from multiple financial institutions through a single integration.
What if our bank doesn't support Open Banking APIs yet?
Most major business banks already support Open Banking, but if yours doesn’t, we can work with you on alternative secure connection methods like file imports or API integrations. We’re also seeing rapid adoption of Open Banking standards, so support is expanding quickly.
How secure is Raqeb?
Extremely. Security is built into everything we do. From the way we design our platform to how we handle your data. You can trust Raqeb to keep your information safe.
Which ERPs are supported?
Odoo is ready today. Integrations with NetSuite, SAP Business One and other systems are under development.
How long does it take to get started?
Most companies are up and running in days, not weeks. The process includes connecting your bank, installing the plugin and mapping your accounts.
What if a transaction is mis‑matched?
Raqeb provides audit trails and manual override capabilities so you can review and correct any discrepancies.
How easy is it to use Raqeb ?
Still Have Questions?
We’re here to help. Schedule a quick call with our team to discuss your specific needs and see how Raqeb can fit into your financial workflows.
Ready to Stop Wasting Time on
Manual Reconciliation?
Join the finance teams who are already saving 20+ hours per week and getting real-time insights from their ERP systems. Early access spots are filling up fast.
47
Spots Remaining
6 months
Free Access
$200/mo
Lock-in Price
No setup fees. No long-term contracts. Cancel anytime.
Questions? Email us at info@raqebfintech.com
A Note from the Founder
I built Raqeb because I was tired of watching brilliant finance professionals waste their time on work that computers should handle. If you're ready to automate the tedious stuff and focus on what really matters, I'd love to have you as an early user. Let's build the future of ERP finance together.
— Sarah, Founder & CEO