Dubai – Mubasher: Odoo, an open-source ERP system, signed a memorandum of understanding (MoU) with the Saudi Arabian Oil Company (Aramco) to supercharge growth for Small and Medium-sized Enterprises (SMEs) in Saudi Arabia.

This strategic collaboration outlines the long-term goals between Odoo and Aramco in tandem with Saudi Arabia’s Vision 2030, according to a press release on Monday.

SMEs are among the key drivers of economic growth and an important area of focus of the Saudi Vision 2030; they create jobs and encourage innovation. Given the Saudi Government's aim to enhance access to digital tools and financial funding for SMEs, Odoo has been selected as the technology partner that would bring affordable software to Aramco’s customers in line with the Taleed programme.

Integrated software Odoo offers a full suite of business applications, including CRM, accounting, inventory, and other software for more efficient work.

“We are delighted to start our fruitful collaboration with Aramco to leverage our mutual strength and further accelerate the digital transformation of small and medium 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 every business that wants to benefit from it in the most effortless way possible,” said Pavitra Singh, Managing Director of Odoo Middle East DMCC.