---
title: "Wafeq Software Pricing, Alternatives & More 2026 | Capterra"
description: "With the help of Capterra, learn about Wafeq Software - reviews, pricing plans, popular comparisons to other Accounting products and more."
source_url: "https://www.capterra.com/p/275474/Wafeq/"
page_type: "product"
language: "en"
---

# 

 Wafeq Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on August 20, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support)[Reviews](#reviews)

Wafeq

## What is Wafeq?

Wafeq is accounting software that makes it easy for businesses to manage invoicing, VAT, purchasing, payroll, employee expense claims, fixed assets, and more. It’s used by companies of all sizes, from single-person companies to VC-funded startups and everything in between.

## What is Wafeq used for?

[Accounting](https://www.capterra.com/accounting-software/)[Billing and Invoicing](https://www.capterra.com/billing-and-invoicing-software/)[Financial Reporting](https://www.capterra.com/financial-reporting-software/)

Top alternative

Featured

Overall rating

Based on 4 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Contact vendor  
for pricing

Free trial  
available

Includes Free Version

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## Compare with a popular alternative

Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status.

### Wafeq

5.0 (4)

VS.

[4.4 (3,325)](https://www.capterra.com/p/120109/Xero/reviews/)

Starting Price

Contact vendor

Starting Price

$25

Flat Rate, Per Month

Free Trial

Free Version

Pricing Options

Free Trial

Free Version

Ease Of Use

5.0 (4)

Ease Of Use

4.4 (2,827)

Value For Money

5.0 (4)

Value For Money

4.2 (2,443)

Customer Service

5.0 (4)

Customer Service

4.0 (2,333)

## Wafeq alternatives

[4.2 (2,068)](https://www.capterra.com/p/135757/NetSuite/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

85%

of reviewers

rated it above 4 stars

[4.3 (716)](https://www.capterra.com/p/76/Intacct/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

86%

of reviewers

rated it above 4 stars

[4.2 (1,331)](https://www.capterra.com/p/135618/Odoo/reviews/)

Starting price

$31.10

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

83%

of reviewers

rated it above 4 stars

[4.4 (680)](https://www.capterra.com/p/163115/Zoho-Books/reviews/)

Starting price

$20.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

89%

of reviewers

rated it above 4 stars

## FAQs about Wafeq

Overview

### What company size and specific industries is Wafeq built for?

Wafeq is designed for businesses operating in the UAE, Saudi Arabia, Egypt, Kuwait, Bahrain, Qatar, and Oman. The vendor description does not specify a company size or industry focus, so it appears intended for organizations in those markets that need accounting software.

Features and Usability

### What are the key features of Wafeq?

Wafeq offers accounting, accounts payable, accounts receivable, and general ledger functions, plus invoicing, billing, and payment processing. It also includes bank reconciliation, financial reporting, tax calculation and compliance, expense tracking, inventory management, multi-currency support, access controls, and third-party integrations.

Integrations

### Which third-party tools and platforms does Wafeq integrate with?

Wafeq connects natively to Checkout, Foodics, Stripe, and Supy. These integrations cover payment processing and restaurant operations, giving Wafeq a focused set of connections for transaction handling and related business workflows.

Getting Started and Support

### What training and onboarding options does Wafeq offer?

Wafeq provides live online sessions, webinars, documentation, and videos to help teams get started. Live online sessions and webinars support guided learning, while documentation and videos offer self-paced reference and step-by-step material for reviewing features and setup details as needed.

Getting Started and Support

### What customer support options does Wafeq offer?

Wafeq provides email/help desk, FAQ/forum, knowledge base, phone support, 24/7 live rep, and chat. No reviewer feedback on support experience is available, so channel descriptions are the only basis for understanding its help options.

## Features

AI summary

Based on 11,413 Accounting reviews

Capterra data shows that buyers of accounting software rank the following features as their top priorities:

-   **Reporting/Analytics** (**58%** of reviewers rated this feature as critical)
-   **Income & Balance Sheet** (**58%**)
-   **Inventory Control** (**55%**)

Wafeq includes **Income & Balance Sheet**, which gives businesses a clear view of financial performance and position. However, it does not offer **Reporting/Analytics** or **Inventory Control**. Instead, it provides other features that reviewers also rate as important, including **Invoice Processing** (**57%**), **Invoice Management** (**61%**), and **Tax Compliance** (**59%**). These features help companies manage billing accurately, keep invoicing organized, and stay aligned with tax requirements, helping businesses maintain financial control and support day-to-day accounting work.

Accounts Payable

5.0 (3)

0.00% of 3 reviewers that rated this feature as important or highly important

Track money owed to a company's creditors/suppliers

Accounts Receivable

5.0 (3)

0.00% of 3 reviewers that rated this feature as important or highly important

Track outstanding invoices and the money owed from clients

Bank Reconciliation

5.0 (3)

0.00% of 3 reviewers that rated this feature as important or highly important

Compare and match accounting/financial records with corresponding bank statements

Financial Reporting

5.0 (3)

33.33% of 3 reviewers that rated this feature as important or highly important

Generate reports to assess the financial performance of an organization

General Ledger

5.0 (3)

33.33% of 3 reviewers that rated this feature as important or highly important

Centralized accounting record which tracks all financial transactions

Access Controls/Permissions

Define levels of authorization for access to specific files or systems

Wafeq 62 features

### All Features
- Access Controls/Permissions: Define levels of authorization for access to specific files or systems
- Accounting: Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
- Accounting Integration: Integrate with a third-party accounting system
- Accounts Payable: Track money owed to a company's creditors/suppliers
- Accounts Receivable: Track outstanding invoices and the money owed from clients
- Activity Dashboard: Dashboard to view the status of ongoing processes, identify current incidents and track past activities
- Activity Tracking: Track and document all activities across devices, networks, and other systems
- API: Application programming interface that allows for integration with other systems/databases
- Audit Management: Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws
- Automatic Billing: Setup and send recurring or automated bills
- Bank Reconciliation: Compare and match accounting/financial records with corresponding bank statements
- Billing & Invoicing: Create, manage, and send invoices or bills to customers
- Billing Portal: Gateway through which end users can view past bills and pay current invoices
- Cash Flow Management: Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period
- Cash Management: Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances
- Categorization/Grouping: Organize and group data or items based on various criteria
- Consolidation/Roll-Up: Combining loans, assets, liabilities, and other financial data from multiple subsidiary companies into one entity for reporting
- Contact Database: Centralized database of stakeholders and their contact information such as names, address, phone number etc.
- Corporate Card: Manage and track credit cards that are distributed to employees to use for authorized business expenses
- Customizable Branding: Add customized logos and colors to align with company branding
- Customizable Reports: Alter the layout and content of reports
- Customizable Templates: Pre-designed layouts that can be customized to match preferences and requirements
- Data Import/Export: Import and export data to and from software applications
- Employee Database: Electronic storage of staff/employee contact information and job status in a centralized repository
- Estimating: Estimate expected cost based on various factors before a project begins
- Expense Claims: Attaching relevant receipts or supporting documents to submit expenses for reimbursement
- Expense Tracking: Monitor and record expenses such as purchases or charges incurred
- Financial Reporting: Generate reports to assess the financial performance of an organization
- Fraud Detection: Identify and prevent suspicious activity
- General Ledger: Centralized accounting record which tracks all financial transactions
- Income & Balance Sheet: A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time
- Inventory Management: Track and manage inventory levels to maintain proper supply
- Invoice Creation: Create invoices from scratch or have recurring invoices
- Invoice History: Store and view prior invoices for each account/client
- Invoice Management: Captures invoice data and maintains comprehensive records for auditing and reporting purposes
- Invoice Processing: Creation, processing, verification, and execution of invoices till the payment is made
- Mobile Access: Access software remotely via mobile devices
- Multi-Company: Manage the accounting and financial aspects of multiple locations or companies in a single location
- Multi-Currency: Manage and handle various international currencies
- Multi-Location: Manage and support multiple locations
- Online Invoicing: Create, send, and view electronic invoices
- Order Management: Manage and track customer orders for goods, investments, or any other purchases
- Payment Processing: Accept, record, and reconcile financial transactions
- Payroll Management: Manage employee salary processes, data, taxes, and records administration efficiently
- Payroll Reporting: View and track payroll metrics including tax liabilities, pay rates, working hours, deductions and more
- Purchase Order Management: Create, send, and track purchase orders and their statuses
- Purchasing & Receiving: Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity
- Quotes/Estimates: Generate quotes or estimates for customers
- Real-Time Data: Receive data and information in real time
- Real-Time Reporting: Active reporting of data and metrics
- Recurring/Subscription Billing: Automated process of charging customers at regular intervals for repeated access or use of a product or service
- Reporting & Statistics: Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
- Sales Tax Management: Calculation of consumption tax imposed on the sale of goods/services
- Search/Filter: Search and filter data across systems to locate required information by entering keywords or certain criteria
- Spend Analysis: Review and uncover trends in spending activity
- Spend Management: Track the amount of money spent on a certain product or with a certain supplier
- Status Tracking: Track the status over time for a request, process, asset, or transaction
- Tax Calculation: Calculate tax and make deductions on gross income from sources like wages, investments or self-employment
- Tax Compliance: Track tax-related transactions, tax remittance and tax reporting for various groups of employees and contractors
- Tax Management: Implementation of various strategies to manage tax obligations via planning and maintaining compliance
- Third-Party Integrations: Set up connections to third-party platforms to improve business processes
- Vendor Management: Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc.

---

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Features

5.0 (4)

5.0

Based on 4 reviews

## Pricing

Value for money

5.0 (4)

Free Trial

Free Version

Starter

69 AED/SAR

Plus

99 AED/SAR

Premium

249 AED/SAR

Value for money

5.0 (4)

5.0

Based on 4 reviews

## Integrations

[

Stripe](https://www.capterra.com/p/123889/Stripe/)[

Foodics](https://www.capterra.com/p/157590/Foodics/)

Connect with a Capterra advisor for a free 15-minute consultation

Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs.

## Support, customer service and training options

Customer Service

5.0 (4)

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

Customer Service

5.0 (4)

5.0

Based on 4 reviews

## User reviews

Overall rating

5.0

Based on 4 reviews

Filter by rating

5(4)

4(0)

3(0)

2(0)

1(0)

Mentioned topic

Sorted by most recent

MM

Mohamed M.

Arabic Copywriter

Accounting

### "Wefaq"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 4, 2022

Pros

I had been using an excel spreadsheet to manage my businesses' finances, but as my business grew, I knew I needed something more sophisticated. A friend recommended Wafeq and I decided to give it a try. I'm so glad I did! It's easy to use, fast, and very sophisticated. I can easily generate e-invoices and manage my taxes. It's been a huge help and has saved me a lot of time and headache. I would highly recommend Wafeq to any small business owner.

Cons

No cons so far I realy like it, would share the cons if there is any.

Review source

Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you.

AL

Anna L.

Content Producer

Marketing and Advertising

### "Excellent accounting software"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 3, 2022

Pros

I have been using Wafeq for almost a year now, and I absolutely love it! It's excellent accounting software for e-invoice and tax purposes. And it's so easy to use. Fast and sophisticated. I highly recommend it!It freed a lot of my time to focus on my work and avoid excel sheet problems

Cons

there are no cons for me so far, it's simple and easy to use

Switched from

[Microsoft Excel](https://www.capterra.com/p/176574/Excel/)

Review source

Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you.

RM

Ramy M.

Executive producer

Media Production

### "Amazing software"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 3, 2022

A very good experience

Pros

I had been using another accounting software for my e-invoicing and tax purposes, but it was really slow and difficult to use. A friend recommended Wafeq, and I'm so glad she did! It's an excellent accounting software that is much faster and easier to use. Plus, it's really affordable. I would highly recommend Wafeq to anyone who needs a good accounting software.

Cons

no cons for me it's simple, easy and a great overall experience

Review source

Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you.

SE

Sameh E.

CEO

Marketing and Advertising

### "highly recommend Wafeq!"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 3, 2022

Pros

I had the pleasure of using Wafeq for my e-invoicing and tax returns for my Company in the UAE and I was extremely impressed. The software is easy to use and very user-friendly. I would highly recommend Wafeq to any small business owner looking for excellent accounting software.

Cons

No Cons it's smile and fast, keep it up :)

Review source

Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you.

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