Scope Solutions, a prominent provider of cloud accounting solutions, has announced a strategic partnership with Dext, a leader in bookkeeping automation. This collaboration aims to enhance financial management and compliance for businesses in the UAE, Cyprus, and Malta by introducing advanced automation tools.
Key Takeaways
- Partnership Announcement: Scope Solutions partners with Dext to expand bookkeeping automation.
- Target Regions: The initiative focuses on the UAE, Cyprus, and Malta.
- Enhanced Features: Dext’s platform includes Supplier Statements Reconciliation, Approvals, and Mileage Tracking.
- Market Demand: There is a significant demand for bookkeeping automation in the UAE, with a 367% increase in transactions from Emirati firms.
- Local Expertise: The partnership combines local knowledge with advanced technology to meet regional needs.
Driving Innovation In Financial Management
The partnership between Scope Solutions and Dext is set to transform the bookkeeping landscape in the targeted regions. By leveraging Dext’s innovative automation tools, businesses can streamline their financial processes, improve data accuracy, and ensure compliance with evolving tax regulations. This is particularly crucial in the UAE, where the financial environment is rapidly changing due to new businesses and regulatory requirements.
Features of Dext’s Automation Tools
Dext offers a suite of features designed to simplify bookkeeping tasks:
- Supplier Statements Reconciliation: Automates the reconciliation process, reducing manual errors.
- Approvals: Streamlines the approval workflow for financial transactions.
- Mileage Tracking: Helps businesses accurately track and report mileage for tax purposes.
These features not only save time but also empower businesses to make informed financial decisions.
Meeting Growing Demand
The demand for bookkeeping automation solutions has surged in the UAE, with Dext reporting a remarkable 367% increase in transactions from local firms over the past year. This partnership is a direct response to that demand, providing tailored solutions that address the unique challenges faced by businesses in the region.
Building on Existing Success
This collaboration builds on Dext’s recent integration with Zoho Books, a widely used accounting solution in the Middle East. By combining these tools, Scope Solutions can offer a comprehensive system that enhances data accuracy and streamlines workflows. This positions them as a recognized Zoho Finance Partner, further solidifying their commitment to providing effective financial solutions.
A Vision for the Future
Ayman Kaouri, Co-founder and Regional Director of Scope Solutions, expressed enthusiasm about the partnership, stating that it enhances their existing capabilities and allows them to deliver greater value to clients. Sabby Gill, CEO of Dext, echoed this sentiment, emphasizing the importance of local expertise in meeting the growing demand for digital bookkeeping solutions.
Conclusion
The partnership between Scope Solutions and Dext marks a significant step forward in the evolution of bookkeeping automation in the UAE, Cyprus, and Malta. By combining advanced technology with local expertise, this collaboration aims to empower businesses to thrive in a competitive financial landscape, ensuring they remain compliant while focusing on growth.
