What Modern Data Systems does

Modern Data Systems (MDS) is a Jeddah-headquartered Independent Software Vendor established in 1995 by Eng. Khalid Abdullah Bashmail. The company develops, promotes, and supports enterprise software under the AccuWare brand and additionally delivers value-added IT, software, and professional services. Its primary market is small and medium businesses in Saudi Arabia with growing reach across the broader GCC and Arab world, addressing a localization gap that global ERP vendors have historically under-served for Arabic-language, regionally compliant business operations.

MDS's product architecture is built on Oracle and SQL Server databases and centers on AccuWare ERP, a modular suite comprising 8 core modules (General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Financial Reporting, Inventory Management, Sales & Distribution, Purchase Management) and 7 advanced/vertical modules (Manufacturing, Budgeting & Control, Payroll & HR, Vehicle Sales, Service Center, Spare Parts, Point-of-Sale). The platform offers native Arabic/bilingual UI, Hijri and Gregorian calendar support, 24x7 mission-critical availability, VAT compliance via GAZT approval, and a ZATCA-listed e-Invoice (Fatoora) module. Two sub-brands tier the offering down-market: AccuWare Express Premium (SQL Server-backed, larger SMBs) and AccuWare Express Lite (entry-level micro-businesses, formerly Al-Mutqin).

MDS operates a hybrid revenue model combining one-time perpetual software licenses, recurring Annual Maintenance Contracts (AMCs), project-based professional services (implementation, customization, data migration, training, technical support), and managed IT services (DBA, networking/IP-VPN, financial accounting outsourcing, software licensing consulting for Microsoft/Oracle/Symantec). The go-to-market is sales-led with direct pre-sales consulting and demonstrations, augmented by a multi-tier channel partner program (Preferred, Certified, Authorized Resellers) and self-serve trial downloads for Express editions. With a team of 11-50 employees and customers concentrated in FMCG/Food Distribution, Automotive, Distribution, Manufacturing, and Wholesale/Retail, MDS sells localization and regulatory compliance as its core differentiators in a market where Saudi Vision 2030 digitalization and ZATCA e-invoicing mandates are driving ERP demand.

Name

Modern Data Systems

Legal name

Modern Data Systems

Website

https://accuware.com.sa

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Modern Data Systems is a Jeddah-based Independent Software Vendor founded in 1995 that develops and supports the AccuWare ERP suite, targeting small and medium businesses across Saudi Arabia and the GCC with native Arabic support, ZATCA-compliant e-invoicing, and modular industry verticals.

Ownership category

akta.pro rank

Product category

Enterprise Resource Planning (ERP) Software

NAICS

Software Publishers (513210), Computer Systems Design Services (541512), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industries

ERP Implementation & Systems Integration Services (BPAEAGAA), Distribution & Wholesale ERP (Inventory, Order, Warehouse) (HDAEAEAC), Retail ERP (Merchandising, POS Back Office) (HDAEAEAD)

Keywords

• ERP software solutions
• Business accounting software
• Arabic ERP systems
• VAT compliance software
• SMB enterprise software

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licenses: One-time perpetual license fees for AccuWare ERP and AccuWare Express products. The company sells different editions targeting different business sizes with tiered pricing.
2. Professional Services: Implementation, consulting, training, data migration, and customization services delivered by MDS team of analysts, consultants, and engineers.
3. Annual Maintenance Contracts: Annual Maintenance Contracts (AMC) entitling customers to product updates, enhancements, bug fixes, preventive maintenance, and ongoing technical and application support. One year of free maintenance provided after installation.
4. IT Infrastructure Services: DBA services, networking/IP-VPN connectivity, managed IT services, financial accounting services, and IT hardware sales including servers, desktops, laptops, printers, and networking equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Modern Data Systems develops, promotes, and supports ERP software under the AccuWare brand, targeting small and medium businesses in Saudi Arabia and the GCC region. The portfolio includes AccuWare ERP, AccuWare Express Premium, and AccuWare Express Lite, with native Arabic and bilingual capabilities built on Oracle and SQL Server databases. The company also delivers value-added IT, software, and professional services including implementation, customization, training, DBA services, managed IT, networking, disaster recovery, and software licensing consulting.

Product overview

Modern Data Systems (MDS) offers a platform-plus-modules ERP architecture under the AccuWare brand. The core product is AccuWare ERP for Small and Medium Businesses, which is supplemented by two sub-brands: AccuWare Express Premium (larger SMBs with SQL Server support) and AccuWare Express Lite (entry-level for very small businesses). AccuWare ERP includes 8 Core Modules (General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Financial Reporting, Inventory Management, Sales & Distribution, Purchase Management) and 7 Advanced Modules (Manufacturing, Budgeting & Control, Payroll & HR, Vehicle Sales, Service Center, Spare Parts, Point-of-Sale). The portfolio also includes an e-Invoice (Fatoora) module for ZATCA compliance. Beyond software products, MDS provides comprehensive professional services including Implementation Services, Customization, Data Migration, Training, Technical Support, Maintenance Contracts, DBA Services, Managed IT Services, Networking/Branch Connectivity, Financial Accounting Services, Software Licensing Consulting, Integration Services, and Disaster Recovery Services. The company was established in 1995 and maintains native Arabic and bilingual capabilities with Oracle and SQL Server database support.

Differentiator

Problem solved

Functional benefit

Brands

• AccuWare ERP: The ERP for Small and Medium Businesses - a core Business Management Solution that caters to enterprise-wide operational and strategic needs of SMBs with vertical industry modules.
• AccuWare Express
• AccuWare Express Lite
• AccuWare Express Premium
• PartsWare
• Old Products

Products and services

• AccuWare ERP The ERP for Small and Medium Businesses, catering to enterprise-wide operational and strategic needs of SMBs with vertical industry modules. Provides 24x7 availability, native Arabic support, and is built on Oracle and SQL Server databases.
• AccuWare Express Premium A larger version of AccuWare Express Lite, complete business accounting solution with SQL Server database support, enhanced features, and single-user and multi-user editions for small businesses.
• AccuWare Express Lite Entry-level inventory and accounting software for very small businesses; the most affordable entry-level accounting/inventory package in Saudi Arabia, GCC, and other Arab countries with thousands of users.
• e-Invoice (Fatoora) Electronic invoicing solution compliant with ZATCA requirements in Saudi Arabia, supporting XML and PDF/A-3 formats with cryptographic stamps, QR codes, and government platform integration.
• AccuWare Professional Services

Quantifiable outcome

• Quick and maximum returns on investments
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• AccuWare Partner NetworkcoreChannel Partner/ Reseller/ DistributorMulti-tier partner program including Preferred Partners (SR 10,000 yearly), Certified Partners (SR 5,000 yearly), and Authorized Resellers (free). Partners receive sales leads, joint sales support, marketing materials, technical training, certification, and discount pricing on AccuWare licenses.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Sage: Sage 50/100/Intacct serves the same SMB accounting and operations segment as AccuWare Express and AccuWare ERP, with established reseller networks in MENA.
• Odoo: Open-source modular ERP with strong SMB appeal in MENA; competes with AccuWare's modular ERP+add-ons approach, particularly for Arabic-language deployments and growing mid-market accounts.
• SAP Business One / SAP S/4HANA Cloud: SAP's mid-market ERP suite targets the same SMB and mid-market customer base in Saudi Arabia/GCC with financials, procurement, and vertical modules; SAP Business One Cloud directly competes with AccuWare ERP for Saudi SMB digital-transformation deals.
• Tally Solutions: Tally.erp 9 / TallyPrime is widely adopted among Arab/South Asian SMBs for accounting and inventory; competes directly with AccuWare Express Lite and Express Premium in entry-level Saudi and GCC SMB accounting.
• Microsoft Dynamics 365 Business Central: Microsoft's SMB ERP offering with financials, inventory, and project modules; directly competes with AccuWare ERP for Saudi SMB and mid-market wins, often bundled with Microsoft 365 and Azure.
• Intuit QuickBooks: QuickBooks Online and Desktop compete with AccuWare Express Lite for very small business accounting and inventory needs in Saudi Arabia and the broader GCC SMB segment.
• Focus Softnet: Riyadh-headquartered MENA ERP/financial software vendor with deep regional coverage; directly comparable to Modern Data Systems as a home-grown Saudi/MENA ERP serving SMBs and verticals with Arabic-native capability.
• Oracle NetSuite: Cloud ERP for SMB/mid-market with financials, inventory, and CRM; competes with AccuWare for cloud-ready Saudi customers and benefits from Oracle database alignment that MDS also leverages.
• Exact Software: SMB-focused accounting and ERP suite (Exact Globe+, Exact Online) comparable to AccuWare Express and AccuWare ERP in target customer, with growing presence in MENA through partners.

Broad incumbents

• Epicor: Mid-market ERP with manufacturing, distribution, and retail modules; broad incumbent competing with AccuWare's mid-market modules (Manufacturing, Service Center, Spare Parts) but at a larger scale and with global product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/AccuWare
• Facebookfacebook.com/AccuWare.ERP
• LinkedInlinkedin.com/company/modern-data-systems

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modern Data Systems