A Memorandum of Understanding (MoU) between Saudi Aramco and Odoo, an open-source ERP system, aims to accelerate the development of SMEs in Saudi Arabia. The long-term objectives of the two businesses are outlined in the strategic partnership between Odoo and Aramco in accordance with Saudi Arabia’s Vision 2030. The Saudi Vision 2030 places a large amount of emphasis on small and medium-sized firms (SMEs), which are among the most essential forces behind economic growth. SMEs foster innovation and employment creation.
Given the Saudi Government’s aim to enhance access to digital tools and financial funding for SMEs, Odoo has been selected as the technology partner that would bring affordable software to Aramco’s customers in line with the Taleed programme.
Full suite
Integrated software Odoo, which offers a full suite of business applications including CRM, accounting, inventory, and other software for more efficient work, will provide digital transformation services and support small and large companies’ growth.
Using Odoo will allow businesses to move from time and cost-consuming operations to more efficient ones. The workflows will become precisely set while communication channels get unified and clear.
Additionally, using one platform instead of individual applications from different software providers will allow organisations to simplify their data collection, generate accurate reporting, and produce targeted decisions. The solutions that Odoo offers to SMEs will allow them to increase revenue, cut costs, innovate and enhance their business as a whole.
“We will leverage our mutual strength and further accelerate the digital transformation of small and medium businesses in Saudi Arabia. Digital transformation is more important than ever and Odoo with its fully integrated and intuitive software is a perfect choice for every business that wants to benefit from it in the most effortless way possible,” said Pavitra Singh, Managing Director of Odoo Middle East DMCC.
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