IRIS Business Services Limited’s Post

Imagine handling all your financial processes in one place—with AI-powered insights helping you make smarter decisions every step of the way, all in Arabic! That’s exactly what’s possible now, thanks to Wafeq’s partnership with Kudwa, designed specifically for businesses in Saudi Arabia and the GCC. 🇸🇦 📍 With this new integration, you can: - Automate financial reports, KPI tracking, and customized dashboards - Forecast future scenarios in just a few clicks - Consolidate all your financial data for crystal-clear insights - Analyze with tools like variance reports, and get AI-driven recommendations (Beta) Less manual work, more time for what really matters—growing your business. Ready to streamline your finance game? Let’s get started! 🚀

Introducing our latest innovation in RiskMonitor: Multilanguage PRIIPs KIDs for EU and UK markets! https://okt.to/pzb2Xa You can now set up specific languages for portfolios and share classes, upload your own translated narratives, or request translations automatically from our translation partner. Contact us for a demo of how our new multi-language PRIIPs offering helps us meet your increasing regulatory reporting needs. #Fintech #Compliance #FinancialServices #PRIIP #ClarusRisk #RiskMonitor

TallyPrime 5.0 brings you the easiest way to stay compliant from e-invoicing to real-time reporting in English or Arabic with government approved formats. #TallyPrime #BusinessManagement #TallyPrime 5.0#businessowners #BusinessSoftware

📢 📝 July 26, 2024. #DORA #outsourcing. Three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published a final report on draft RTS specifying elements that a financial entity must determine and assess when subcontracting ICT services supporting critical or important functions under DORA. The RTS: ▶️ Focus on ICT services provided by ICT subcontractors that support critical or important functions, or material parts of them. ▶️ Specify the requirements throughout the lifecycle of contractual arrangements between financial entities and ICT third-party service providers. ▶️ Require financial entities to assess the risks associated with subcontracting during the pre-contractual phase, including the due diligence process. ▶️ Defines requirements for the implementation and management of contractual arrangements on subcontracting conditions. ▶️ Sets requirements to monitor the subcontractors effectively underpinning the ICT services that support critical or important functions and remain in control of their risks. 🤷♂️ The So What? ✅ The ESAs will submit the draft RTS to the European Commission for adoption. ✅ The final draft technical standards have been submitted to the European Commission, which will now start working on their review. ✅ Financial entities should start preparing for the implementation of the RTS within their processes.   📩 Do you have any questions? Feel free to ask in DMs :) #AdamanoConsulting   #DORA | #compliance | #regulations | #financialentity

Manage all your corporate processes and your documents, which are the inputs and outputs of your processes, effectively and efficiently on the digital platform with eBA. Learn More; https://lnkd.in/dHyyF6N9 #CatchTheDigitalFutureWithUs #documentmanagement #workflowmanagement #recordmanagement #digitization #digitilization #digitaltransformation #digital #eBA #doha #qatar

🚨 ATTENTION - Correct Your Saudi CR Status, ASAP! Saudi Arabia Approves New Commercial Registration and Trade Names System The new systems contribute to facilitating business practices and reducing burdens on companies. This is achieved by using a single commercial registeration for establishments and companies organizing procedures for reserving names to protect and enhance their value. The new system aligns with the economic and technical developments and the unprecedented transformation under Vision 2030. New Commercial Registry System The Commercial Registry System consists of 29 articles aimed at facilitating business practices by organizing registration procedures in the commercial register, ensuring the accuracy of registered data, and updating it periodically. Key Provisions of the New Commercial Registration (CR) System 🗃️ Central Database: Establishing a central database to record the names and data of companies and traders. 📋 Single Commercial Register: Facilitating businesses by canceling the commercial registration (CR) for branches of Establishment and Companies, using a single commercial registeration (CR) for all activities. ⏳ Grace Period: Granting a 5-year grace period to correct existing branch commercial registratons (CR) by relinquishing them, transferring them to a new company, or deleting the branch Commercial Registration (CR) and transferring assets to the main Commercial Registration (CR). 💳 Bank Accounts: Requiring "Establishments" to open bank accounts linked to the Establishment to enhance reliability and ensure transaction integrity. 🔄 Annual Confirmation: Cancelling the requirement to renew the commercial registeration (CR), replacing it with annual electronic confirmation of commercial registeration data. ⚖️ Alternative Penalties: Creating a path for alternative procedures to penalties, such as warnings and obligating businesses to correct violations. New Trade Names System The Trade Names System consists of 23 articles aimed at regulating the process of reserving and registering names in the commercial registeration, enhancing their value, and ensuring their protection and associated rights. Key Provisions of the New Trade Names System 📝 Reservation Period: Allowing the reservation of a trade name before registering it for a specific period, which can be extended, and specifying conditions for trade names to be registered or reserved. 🔤 Naming Flexibility: Allowing naming with Arabic, non-Arabic, or Arabized words, or consisting of letters or numbers. 🌐 Linguistic Platform: Creating a platform to increase the linguistic stock of Arabic names. 🔄 Independent Use: Allowing the trade name to be used independently from the commercial establishment and transferring its ownership. 🌍 Protection: Prohibiting the use of a reserved or registered trade name in the commercial registeration without the owner’s consent, ensuring the trade name is appropriate and not misleading. A new era starts.

💳 Effortless Billing & Invoicing with Moli Simplify your payment processes with Moli's integrated invoicing system! ✅ Track services in real time ✅ Automatically generate invoices ✅ Easily manage your finances Say goodbye to manual errors and hello to streamlined operations. #EfficiencyRedefined #BillingSolutions #Moli #InterpreterManagement #ClientPortals #EfficientWorkflows #InterpreterManagement #StreamlineOperations #CentralizedDatabase #MoliSoftware #Moli #Language #Communication #Interpretation #GlobalReach #InterpreterSoftware #SchedulingSolutions #InterpreterManagement #MoliInterpreter #LanguageServices #LegalTech #Innovation #TACA #CourtAdministration #JuvvalTech #Innovation #LegalTech #MediaTech #Productivity #AI #Interpreters #moli #interpreterscheduling #AOC #NOTIS #ATA #NAJIT #Interpretation #AIInterpreter #LanguageSolutions #MoliApp #ProfessionalServices #Technology

Required Call Center OTS data in the below languages: 1. Norwegian (300 hours) 2. Malaysian (300 hours) 3. Dutch (300 hours)

Multi-Language Invoice Extractor One of the biggest operational challenges is handling invoices in different languages and formats. That's where a multi-language invoice extractor comes in.

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