logo
RemotePass and Wafeq partner to automate payroll and accounting for UAE & KSA businesses

RemotePass and Wafeq partner to automate payroll and accounting for UAE & KSA businesses

Zawya13-03-2025
Dubai – RemotePass, a UAE-based global payroll platform, and Wafeq, a UAE-based accounting software provider, have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This integration seamlessly syncs payroll and financial data from RemotePass to Wafeq's accounting system in real-time, eliminating manual entry, reducing errors, and ensuring compliance.
The two-way native integration eliminates manual entry ensuring accurate, efficient payroll reconciliation for businesses in the UAE and KSA on both platforms, resulting in an 80% reduction in payroll and expenses processing time.
"We're excited to partner with Wafeq; our integration enables businesses in the region to put payroll processing and financial data synchronization on autopilot, allowing them to focus on growing their business," said Kamal Reggad, CEO of RemotePass.
A Shared Vision for Scaling Businesses
RemotePass and Wafeq provide localized platforms tailored for businesses in the Middle East, serving many shared clients and addressing the unique challenges faced by companies in the UAE and KSA.
Key Benefits of the Integration:
Seamless integration – Payroll data from RemotePass is automatically reflected and categorized in Wafeq's accounting platform providing realtime financial visibility and improved accuracy
ErrorFree Financial Records – Manual reconciliation and categorization errors are eliminated, ensuring payroll accuracy in financial reports.
TimeSaving Automation – Finance teams no longer need to manually input payroll data, reducing administrative work.
Empowering Businesses with Financial Automation
By integrating two leading regional SaaS solutions, companies in the UAE and KSA can now better manage payroll and financial records with greater efficiency. This collaboration is a significant step toward simplifying payroll accounting and helping businesses scale with confidence.
" At Wafeq, we are committed to empowering businesses with seamless financial automation. Our partnership with RemotePass allows companies in the UAE and KSA to streamline payroll accounting effortlessly, reducing errors and saving valuable time. This integration is a game-changer for finance teams looking to enhance efficiency while staying fully compliant with local regulations." said Maher Aoun, VP of Sales and Business Development, Wafeq.
To learn more, visit remotepass.com
-Ends-
About RemotePass
RemotePass is a global payroll platform that enables companies to seamlessly onboard, manage, and pay contractors and EOR employees in 150+ countries while also providing local payroll processing in the UAE and KSA. By automating compliance, payroll, taxes, and benefits, RemotePass ensures regulatory compliance while simplifying both global and local workforce management.
For more information, visit remotepass.com
About Wafeq
Wafeq is a leading cloud-based accounting and financial management software designed for businesses in the Middle East. Built with compliance at its core, Wafeq enables companies to seamlessly manage invoicing, accounting, payroll, and tax filing while ensuring full alignment with local regulations, including ZATCA in Saudi Arabia and the FTA in the UAE. Trusted by thousands of businesses, Wafeq provides a scalable and intuitive platform that empowers accountants, finance teams, and business owners to streamline operations, improve accuracy, and drive growth.
For more information, visit wafeq.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth
How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth

Arabian Business

timean hour ago

  • Arabian Business

How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth

The UAE Ministry of Finance is turning public-private partnerships (PPPs) into a central driver of national development — using them to transform services, attract new investment, and support sustainable growth. Over the past two years, the Ministry has established a robust PPP framework backed by new legislation, governance tools, and training initiatives designed to strengthen cooperation between the government and private sector. These measures are aligned with the UAE's long-term ambitions under the 'We the UAE 2031' vision and the UAE Centennial 2071 strategy. UAE public-private partnerships Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, said: 'Developing a robust PPP framework is a top priority for the Ministry of Finance, recognising its role as an effective instrument for sustainable development and a significant player in fuelling the UAE's economic and social advancement as well as in achieving the UAE's strategic goals. 'Through these partnerships, we strive to make the most of available resources, strengthen government performance, and facilitate the exchange of financial, administrative, and technological expertise with the private sector. 'We are committed to improving the community's quality of life, reinforcing the resilience and sustainability of the national economy, and advancing the objectives of the 'We the UAE 2031' vision and the UAE Centennial 2071.' In 2023, the UAE enacted Federal Law No. (12) regulating PPP projects at the federal level. The law encourages private sector participation in strategic and developmental initiatives, boosts investment in projects with significant economic and social value, and helps the federal government deliver projects with greater efficiency. In June 2024, the Ministry released a PPP Project Manual, setting out detailed procedures and policies for federal entities and private partners across the full project lifecycle — from planning and design to execution and operations. To build implementation capacity, the Ministry has run workshops to familiarise stakeholders with PPP processes. In May 2025, it launched a specialised PPP training programme developed with an APMG International-accredited institute. Graduates receive the Certified PPP Professional (CP3P) – Foundation Level qualification, supported by leading international financial institutions. Following the success of the first phase, the Ministry is preparing to launch the second phase, designed to deepen national expertise in PPPs and ensure long-term sustainability in line with international best practice. The Ministry of Finance said these initiatives reinforce the United Arab Emirates' determination to integrate private sector innovation and global expertise into strategic projects — ensuring that PPPs play a pivotal role in delivering a more sustainable and prosperous future.

UAE: SCA warns investors against unlicensed individual, company in Dubai
UAE: SCA warns investors against unlicensed individual, company in Dubai

Khaleej Times

timean hour ago

  • Khaleej Times

UAE: SCA warns investors against unlicensed individual, company in Dubai

The Securities and Commodities Authority (SCA) has issued a fresh warning to investors against dealing with an individual and a Dubai-based company found to be operating without approval. In a notice published on its website, the regulator said Thoufeek Raja Abdul Majeeth is not licensed or authorised to carry out activities under its supervision. 'The SCA assumes no responsibility for any transactions or dealings with him in this regard,' the statement noted. The SCA also cautioned the public against FX GLOBE Marketing Management, a Dubai-based firm, stressing that it is not authorised to conduct regulated financial activities or provide related services. The authority urged investors to verify the licensing status of any entity before transferring funds or entering into agreements, warning that transactions with unlicensed operators could leave them vulnerable to fraud. The move is in line with SCA's mandate under Federal Law No. 4 of 2000 to protect investors and safeguard the integrity of financial markets. This is the latest in a series of advisories issued by the regulator. On July 17, the SCA cautioned the public against engaging with Sigma-One Capital, Sigma Wealth World Financial, and Sigma One Cap Marketing Services, none of which are licensed to operate in the UAE. The warnings come on the heels of a series of Khaleej Times investigative reports that uncovered how such entities operating through shell firms, fake offices, and offshore registrations lured UAE residents into transferring thousands of dirhams through aggressive cold calls and misleading trading dashboards.

Tokio Marine Insurance UAE simplifies claims with Kodak Alaris' AI-driven automation
Tokio Marine Insurance UAE simplifies claims with Kodak Alaris' AI-driven automation

Khaleej Times

time2 hours ago

  • Khaleej Times

Tokio Marine Insurance UAE simplifies claims with Kodak Alaris' AI-driven automation

Tokio Marine Insurance UAE, a leading provider of comprehensive insurance solutions in the region, has significantly accelerated its claims registration process through a new partnership with Kodak Alaris. By deploying AI-driven document automation technology, the insurer has reduced claims processing time by 90%, streamlined operations, and improved overall customer satisfaction. 'Insurance is more than just a policy, it's a promise,' said Tsuyoshi Yamasaki, General Manager at Tokio Marine Insurance Dubai. 'When our customers reach out, they're often in distress. It's our job to be there at the time of need.' Until recently, the claims team at Tokio Marine Insurance UAE manually processed hundreds of submissions a day, particularly for car insurance. Each case required multiple documents - police reports, Emirates ID, driver's license, vehicle registration - and involved extracting dozens of critical data points, all by hand. With up to 600 claims arriving daily via email, the workload placed immense pressure on staff and exposed the process to inevitable delays and errors. That pressure reached new heights during the unprecedented floods of 2024, which drove claim volumes to record levels across the country. The experience reinforced the need for a future-proof solution that could scale under pressure and maintain the company's high service standards. To address the challenge, Tokio Marine Insurance UAE turned to Kodak Alaris - a trusted technology partner with deep experience in document intelligence. Together, the two teams designed and implemented an AI-enhanced automation solution, anchored by Kodak's Info Input platform and powered by Microsoft Document AI. Rather than taking a one-size-fits-all approach, Kodak Alaris engaged in in-depth discovery sessions and ran a focused proof of concept that validated results from the outset. Since deployment, the time required to process each claim has dropped by 90%, enabling faster communication with customers - often within hours rather than days. The automation platform now handles three times the daily claims volume, while exception handling has decreased by 60% due to improved accuracy and automated validation. With a legacy dating back over 144 years, Tokio Marine Insurance has long been committed to its guiding principle: 'QUALITY, ALWAYS.' This latest digital transformation initiative reinforces that promise by simplifying a historically complex aspect of the insurance journey - claims processing. Staff who once focused on manual data entry are now redeployed to handle complex cases requiring human judgement, enhancing both job satisfaction and customer outcomes. 'It's not about replacing people; it's about empowering them. Our staff are now spending more time resolving edge cases and less time correcting typos. That's where human judgment really shines,' Yamasaki explained. Beyond operational efficiency, the volume of data captured per submission has increased significantly, enriching insights available for better decision-making, audit trails, and pricing models. 'Being able to automate data extraction means we can now add several more fields into our insurance systems per claim,' shared Mohamad Bader, Senior Manager – Information Technology at Tokio Marine Insurance UAE. 'It's helping with compliance, forecasting, and tailoring our offerings better than ever before. The biggest change however is the elevation in customer satisfaction. Faster response times mean fewer follow-ups, and greater trust. People feel cared for, and that's what sets us apart.' In an era where digital transformation often comes with hype, Tokio Marine Insurance UAE's partnership with Kodak Alaris stands out for its tangible, meaningful results. It's a case study in how thoughtful use of automation and AI can not only solve business problems - but also make life easier for the people behind each policy. 'Technology is most valuable when it improves lives. With Kodak Alaris, we've built a bridge between operational excellence and human empathy. The company's solution enhances our human effort, makes our operations smarter, and most importantly, helps us take care of our customers better,' concluded Bader.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store