About IBEA – IBEA

Modernizing Accounts Payable

IBEA was founded with a mission to transform the future of Accounts Payable (AP) by empowering businesses to modernize and convert their Accounts Payable departments from outdated cost centers with manual processes into strategic automated revenue generators.

Our cutting-edge AP Automation software seamlessly integrates with any ERP system, while enabling businesses to optimize payment workflows, streamline payment processes, accelerate supplier payments, and create substantial financial benefits for our clients.

Our fully integrated payment platform enables companies to leverage self-funded dynamic discounting to capture early payment discounts from suppliers. This approach not only enhances working capital management but also generates substantial ROI on payables annually while solving one of the biggest supply chain finance issues in Saudia Arabia and the wider GCC.

We recognize the negative effect outdated AP processes have on suppliers. So, we designed our solution from the ground up to deliver a unified experience for both buyers and suppliers in mind, driving operational efficiency, improving cash flow, and strengthening supplier relationships.

Why IBEA is Important?

Modernized AP departments through full automation.
Fraud prevention and operational efficiency with secure workflows.
Enhanced ROI by turning payables into a strategic financial tool.
Enhance supplier relationships with immediate fund access.

Mission

We aim to help companies optimize payment cycles, unlocking new revenue opportunities and to refine AP management. Enabling scalability, boosting profitability, and driving long-term growth, IBEA is shaping the future of AP management.

Vision

We envision to foster a robust and diverse private sector by transforming Accounts Payables into revenue generators by offering world-class innovative financial solutions.