Erad - Accounting Consulting

What Erad - Accounting Consulting does

Erad is a Saudi Arabia-based accounting, tax, and financial services consulting firm founded in 2017. It provides regulatory compliance and advisory services covering VAT, Zakat, Corporate Tax, FATOORA e-invoicing, and general accounting, serving 430+ clients across Saudi Arabia from offices in Dammam (Eastern Province) and Riyadh. Its target market is small and medium-sized businesses requiring Saudi-specific tax and regulatory support rather than enterprise clients or multinationals.

The firm operates a professional services model rather than a software platform, with engagement-based, quote-based pricing across tax compliance, accounting outsourcing, and specialized advisory work including VAT refund consulting for non-profits and real estate developers. Its technology stack consists of third-party cloud accounting platforms — Zoho Books, QuickBooks, Xero, and Dext — used to support client engagements; Erad does not disclose proprietary technology, AI/ML capabilities, or research output. The firm's competitive positioning rests on localized regulatory expertise and certified Saudi accounting talent rather than differentiated technology.

Erad is privately held with no external investors, no disclosed funding history, and no M&A activity in the public record. Its growth appears to be organic and operational, evidenced by the establishment of a second office in Riyadh, sustained client accumulation to 430+, and ongoing content publication through 2025. Revenue, headcount composition beyond an approximate 23-person team, and financial performance are not publicly disclosed.

Name

Erad - Accounting Consulting

Legal name

Erad

Website

https://eradapp.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Erad is a Saudi Arabia-based accounting, tax, and financial services consulting firm serving 430+ SMB clients from Dammam and Riyadh offices, specializing in VAT, Zakat, Corporate Tax, and FATOORA e-invoicing compliance using third-party cloud accounting platforms.

Ownership category

akta.pro rank

Headquarters

HQ city

Dammam

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Accounting and Bookkeeping Services: Professional accounting services including cloud-based bookkeeping, remote accounting support, and financial record management
2. Tax Services: VAT registration and filing, Zakat calculations, corporate tax compliance, tax planning, and tax consulting services
3. Financial Services: Financial reporting, cost accounting, internal statements preparation, and financial management advisory
4. Saudi Regulatory Framework Compliance: E-invoicing compliance (FATOORA), ZATCA submissions, and regulatory compliance services

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Erad is a Saudi professional services firm that delivers specialized accounting, tax, and financial consulting services to businesses across the Kingdom. Its core offerings include VAT registration and filing, Zakat and corporate tax compliance, ZATCA FATOORA e-invoicing, bookkeeping, cost accounting, financial reporting under Saudi GAAP/IFRS, and Saudi regulatory framework advisory, delivered by a certified local team using cloud platforms such as Zoho Books, QuickBooks, and Xero.

Product overview

Erad is a professional accounting, tax, and financial services firm based in Saudi Arabia. Its portfolio is organized as a services-led offering rather than a software product, comprising four core service lines — Tax Services, Accounting Services, Financial Services, and Saudi Regulatory Framework Services — supported by several specialized sub-service modules. Key sub-products include Value Added Tax (VAT) services (covering registration, filing, and FATOORA e-invoicing compliance), Zakat and Corporate Tax services, Bookkeeping, Cost Accounting, Financial Reporting, Internal Statements Preparation, Tax and Accounting Consultations, and Remote Accounting. These services are delivered by a certified Saudi team through cloud-based platforms and remote engagement, integrating with third-party accounting tools such as Zoho Books, QuickBooks, and Xero. Erad's service model is designed for businesses of all sizes in Saudi Arabia seeking ZATCA compliance, VAT management, and financial clarity.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Services Comprehensive tax advisory and compliance services covering VAT registration, filing, and ZATCA submissions, e-invoicing (FATOORA) compliance, corporate tax, withholding tax, and transfer pricing for businesses operating in Saudi Arabia.
• Accounting Services Full-suite bookkeeping and accounting services including cloud-based bookkeeping, financial statement preparation, cost accounting, and internal statement preparation, delivered by certified Saudi professionals.
• Financial Services Financial management and advisory services including financial analysis, cash flow management, KPI tracking, budgeting, forecasting, and financial planning tailored to business objectives.
• Saudi Regulatory Framework Services Advisory services helping businesses navigate Saudi-specific regulatory requirements including ZATCA compliance, Monsha'at programs, Kafalah schemes, and other government regulatory frameworks.
• Value Added Tax (VAT) Services End-to-end VAT management including registration, input/output VAT calculation, return filing, VAT refund recovery, and ZATCA-compliant e-invoicing (FATOORA Phase 2) support.
• Bookkeeping Services Accurate and timely bookkeeping using cloud-based and remote bookkeeping services with secure software integration, supporting VAT reconciliation, financial record maintenance, and ZATCA audit readiness.
• Cost Accounting Services Cost accounting analysis to understand cost structures, allocate expenses properly, and provide insights for smarter pricing, budgeting decisions, and profitability improvement for businesses in Saudi Arabia.
• Financial Reporting Services Preparation and structuring of financial statements in accordance with Saudi GAAP and IFRS, aligned with local regulatory frameworks for internal use, investor relations, and audit readiness.
• Remote Accounting Services Flexible full-service accounting support delivered remotely without the overhead of in-house teams, offering real-time updates, easy communication, and seamless integration with client finance systems.

Quantifiable outcome

• Served over 430 clients across various industries in Saudi Arabia

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature9 records

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Deloitte Saudi Arabia: Deloitte operates one of the largest professional services practices in Saudi Arabia, with full audit, tax (including ZATCA compliance), and consulting capabilities; it competes with Erad especially for multinational and large Saudi clients.
• Grant Thornton Saudi Arabia: Grant Thornton has a presence in Saudi Arabia delivering assurance, tax, and advisory services to mid-sized businesses; comparable to Erad in target market and service mix, with significantly larger scale and global brand.
• BDO Saudi Arabia: BDO is a global mid-tier accounting and advisory network with a Saudi Arabia practice offering audit, tax, and advisory services; it competes for the same SME/mid-market Saudi clients that Erad serves, but with a much broader international footprint.
• PKF Al-Bassam & Co (Saudi Arabia): PKF Al-Bassam is a long-established Saudi audit, accounting, and tax firm with deep local credentials; it is one of Erad's closest comparable competitors for Saudi SME and mid-market accounting, tax, and Zakat compliance work.
• RSM Saudi Arabia: RSM operates a Saudi practice providing audit, tax, and consulting services to mid-market companies, directly overlapping with Erad's SME compliance and tax-advisory offering while leveraging a global network.
• Moore Saudi Arabia: Moore Stephens' Saudi member firm provides accounting, audit, and tax services to mid-market companies in the Kingdom; it overlaps with Erad's core compliance and advisory offering and competes for similar Saudi SME clients.
• KPMG Saudi Arabia: KPMG's Saudi practice serves large enterprises and government entities with audit, tax, and advisory services; it represents a tier above Erad but competes for the same pool of Saudi-based businesses needing ZATCA, VAT, and Zakat expertise.
• Mazars Saudi Arabia: Mazars has a Saudi presence delivering audit, accounting, tax, and advisory services, primarily to mid-market and international clients; comparable to Erad in service scope and target customer, with international network reach.
• Crowe Saudi Arabia: Crowe maintains a Middle East presence including Saudi Arabia, providing audit, tax, and advisory services; it competes with Erad for mid-market Saudi clients and brings an established international brand.
• Baker Tilly Saudi Arabia: Baker Tilly's Saudi practice provides audit, tax, and advisory services to mid-market clients in the Kingdom; closely comparable to Erad in customer segment and service portfolio, with the backing of an international network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/eradappsa
• LinkedInlinkedin.com/company/eradappsa
• Instagraminstagram.com/eradappsa

Compliance3 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 Erad - Accounting Consulting