A subscription is a contract, not an invoice
An automatic billing schedule with a renewal date and an advance alert, so no month passes with service delivered for free.
Telecoms & IT · recurring subscriptions and project profitability
An unrenewed subscription is a silent loss — stop it with an alert
Tech companies lose money on two fronts: subscriptions that end without renewal, and support hours given outside the contract with no invoice. Furat makes every subscription a contract with an automatic billing schedule and a renewal alert, and works out each project's profit after team hours and vendor licences — so you know which client uses more than they pay for.
Quick answer
What's the best accounting software for IT companies in Saudi Arabia?
The right software for a tech company must give you five things: recurring subscription billing with automatic renewal, tiered service contracts with expiry alerts, project profitability that counts team hours and vendor licences, quotations that turn into a contract and an invoice in one click, and ZATCA-compliant invoices. Furat brings them together in Arabic; the package starts at SAR 169 a month before VAT, live in one to two days.
Last updated: 21 September 2026
SAR 169the tech package a month — before VAT
Automatic billingfor monthly and yearly subscriptions
1–2 daysto be fully live
Profit per projectafter hours and licences
Why doesn't general accounting work for a tech company?
Because your revenue isn't a one-off sale but an ongoing commitment. A subscription falls due monthly, a licence is bought yearly, support is measured by the hour, and a project is delivered in phases. A general system records an invoice only when cash arrives, so it never sees a missed renewal or an unbilled hour. The right system manages the ongoing commitment, so recurring revenue becomes predictable.
Every hour tied to the contract
Every logged hour is billed, or marked out of scope by a documented decision — never an uncounted favour.
Profit after vendor costs
Cloud licences and third-party tools are charged to the project, so you see the net margin, not the gross.
What Furat adds in telecoms and IT
Six capabilities built around the recurring-revenue model and the way tech projects run.
Subscription billing with automatic renewal
Monthly, quarterly and yearly, with invoices issued on time and a notice to the client as long before renewal as you choose.
Tiered service contracts
Support packages with a set number of hours or tickets, and the used balance visible to the client and your team at the same time.
Project and client profitability
Revenue against team hours, vendor licences and delivery costs, for every project and client separately.
A quotation that becomes a contract and an invoice
In one click, with no re-entering of line items, and an e-signed copy in the archive.
Forecast recurring revenue
A report of active subscriptions and their due dates, so you know the coming months' revenue before they start.
Receivables ageing and collection follow-up
Late clients ranked by amount and age, with a documented claims log for each one.
How does Furat protect you from losses and risks?
Five losses that keep recurring at tech companies, and where the system stops each one with a control, not personal judgement.
| Risk | How it happens in practice | The control in Furat |
|---|---|---|
| A subscription that lapsed unrenewed | Nobody owns the date and no alert comes before expiry | A renewal alert and a task for an owner as long before the expiry date as you choose |
| Free support hours | An out-of-contract request done as a favour | The contract's hours balance shows on every ticket, and anything beyond it needs approval |
| Service delivered with no invoice | Work starts before the contract is issued | No service is activated before a signed contract with a billing schedule linked to it |
| A licence paid for and never charged on | A vendor cost left in general expenses | The licence is charged to a project or client, so its net margin shows |
| Late collection that dries up cash | Follow-up that depends on people's memory | Receivables ageing and automatic reminders on a fixed schedule |
With recurring revenue, every month that passes without an invoice is revenue that never comes back. The difference between a company that grows and one that runs in place is how well it manages renewals.
Stop the lost revenueSix points that settle the decision for a tech company
Written in advance, so you can compare them with any provider before you sign.
E-signature for contracts
Service contracts and work orders are signed from a phone with an audit trail and a timestamp, so they close the same day.
Multi-currency for work abroad
Billing in riyals and dollars at up-to-date exchange rates, with currency differences reflected in the financial statements.
Ready-made integrations
Connections to payment gateways and ticketing systems through documented APIs, with no manual export and import.
Tax compliance is our job
Every invoice is issued ZATCA-compliant and connected to the FATOORA platform, and every regulatory update reaches your account with no upgrade fee.
Your data stays in the Kingdom, and it is yours
Hosting inside Saudi Arabia, daily backups, and a full export available any time at no charge — your data is never held as leverage over you.
Migration and training at no cost
We move your balances, items and customers from Excel or your current system for free, and train your team remotely in Arabic until your first successful month-end close.
The tech package starts at SAR 169 a month before VAT and includes accounting, contracts, recurring billing and CRM; add e-signature when you need it.
Compare plansThe start plan: from your client list to your first automatic billing run
- Day 1Chart of accounts and servicesA chart of accounts, your list of services, support packages, VAT rates and permissions.
- Days 1–2Migrate contracts and subscriptionsWe enter your clients and their current contracts, with renewal dates and balances, from Excel for free.
- Day 2Training sales and financeA remote session in Arabic: a quotation, a contract, a billing schedule, and reading a project's profitability.
- Week 1Your first automatic billing runWe run the first subscription cycle and review your forecast recurring revenue with your account specialist.
Questions tech companies ask
How does Furat handle recurring subscriptions and renewals?
Every subscription is a contract with a value, a billing cycle and an end date. The system issues the invoice on time automatically and sends it to the client, alerts the owner as long before renewal as you choose, and reports subscriptions that have ended or are about to — so no renewal passes without a decision.
Does the system work out each tech project's profitability?
Yes. The project is a cost centre that carries its revenue, its team's hours, vendor licences and delivery costs. The system compares spend with the approved budget and gives you the net margin, so before delivery you know which project uses more than its client pays.
Can I bill clients abroad in other currencies?
Yes. Furat bills in riyals and other currencies at up-to-date exchange rates and records currency differences in the financial statements automatically. Invoices for the Saudi market are issued ZATCA-compliant and connected to the FATOORA platform.
How long does it take to get Furat running at a tech company?
One to two days. We set up the chart of accounts, your services and support packages, migrate your clients and their current contracts with renewal dates from Excel for free, train your sales and finance team remotely in Arabic, then run your first automatic billing cycle with you.
Read also: Contracts & e-signature · CRM · Tax invoicing · All industries · Pricing & plans
Enter one client's subscriptions, and see them running yourself
Try it on some of your own contracts and run a sample billing cycle — 14 days free, no bank card.