Odoo and Aramco sign Memorandum of Understanding (MoU) to accelerate the digital transformation of small and medium-sized enterprises (SMEs) in Saudi Arabia

Odoo, an open-source ERP system, signed a Memorandum of Understanding with Saudi Arabian Oil Company (“Aramco”) aiming to drive growth for small and medium-sized businesses in Saudi Arabia

DUBAI, UAE – EQS Newswire – November 7, 2022 – The strategic partnership between Odoo (https://www.Odoo.com/) and Aramco outlines the long-term goals between the two companies in line with Saudi Arabia’s 2030 vision. Klein and medium-sized enterprises (SMEs) are among the key drivers of economic growth and a key focus area of ​​the Saudi Vision 2030; they create jobs and stimulate innovation. Given the goal of the Saudi government to improve access to digital tools and financial financing for SMEs, Odoo has been selected as the technology partner that would bring affordable software to Aramco’s customers in accordance with the Taleed program.

Integrated software Offering a full suite of business applications, including CRM, accounting, inventory and other software for more efficient work, Odoo will deliver digital transformation services and support the growth of small and large businesses.

By using Odoo, companies can move from time-consuming and cost-consuming activities to more efficient ones. Workflows are fine-tuned while communication channels become uniform and clear. In addition, using a single platform instead of separate applications from different software vendors enables organizations to simplify their data collection, generate accurate reporting and make targeted decisions. The solutions Odoo offers to SMEs will enable them to increase their revenues, cut costs, innovate and improve their business as a whole.

“We are excited to start our fruitful partnership with Aramco to leverage our mutual strength and further accelerate the digital transformation of small and medium-sized 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 any business that wants to take advantage of it in the most effortless way,” said Pavitra Singh, Managing Director of Odoo Middle East DMCC.

Hashtag: #Odoo

About Odoo:

Odoo is a leading provider of open-source end-to-end business software for businesses worldwide, from single-user startups to large enterprises with more than 7 million users. Founded in 2005, Odoo thrives in a unique and fully open ecosystem that combines the resources of its community and partners to deliver a full suite of easy-to-use, integrated, and scalable business applications. Odoo’s flexibility is such that apps can be added in line with business growth, adding one app at a time as needs evolve and customer base grows. The cloud-based online edition of Odoo ERP provides a tailor-made solution specifically designed to meet the needs of SMBs. Fluency and full integration cover the needs of even the most complex companies.

About Saudi Aramco SME Support Center Taleed:
Saudi Aramco is a globally integrated energy and chemical company. Aramco is driven by the core belief that energy is opportunities. From producing about one in eight barrels of the global oil supply to developing new energy technologies, the global team is committed to creating impact in everything it does. Aramco focuses on making its resources more reliable, sustainable and useful. This helps promote long-term stability and growth around the world. The Taleed program focuses on sustainable multi-sector SME growth through a portfolio of 20 initiatives and provides a wide range of support from capacity building and strategy development to training, market access, advisory services and business planning.

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