As a data integration platform, we aim to provide the most comprehensive range of integrations so you can build connected products. Today, we're thrilled to announce the latest integration to our Unified Accounting API: Qoyod Accounting.

What is Qoyod?

Qoyod is a cloud-based accounting software designed primarily for small and medium-sized enterprises (SMEs). Founded in 2016, with headquarters in Riyadh, Saudi Arabia, Qoyod helps businesses manage their financial transactions, invoices, expenses, and other accounting needs without requiring extensive accounting knowledge.

The dashboard and app view of Qoyod, a cloud-based accounting software designed for SMEs
Qoyod is a cloud-based accounting software designed for SMEs

Capabilities of the Qoyod Integration

RootFi's Qoyod integration provides a variety of features to help you make the most of your customers' accounting data:

  1. Unified API Access: Integrate with a single API and access the Qoyod integration and 16+ integrations to major accounting platforms. Our Unified API simplifies data exchange by allowing your engineering team to avoid the intricacies of learning individual API documentation and the hassle of building and maintaining multiple in-house integrations.
  2. Seamless Onboarding: Onboarding your customers is a seamless experience, with a simple and secure URL provided by RootFi. They can use this URL to enter their Qoyod credentials. Alternatively, you can use our SDK to provide a white-labelled in-app onboarding experience that matches your branding.
  3. Bidirectional Data Exchange: You're not limited to simply reading data with our Unified API. Write data into Qoyod and ensure a bidirectional sync between your product and your customers’ accounting books via our Write APIs.
  4. Real-time Data Synchronization: Keep your accounts aligned with real-time data synchronization between your product and Qoyod. Decide what critical data needs to be synced in real-time, and have less critical, static data update daily, weekly, monthly, or at your desired frequency, all on RootFi’s dashboard.
  5. Premium Security Standards: We prioritize data security and the protection of your customer's credentials. Your data is encrypted at all times, whether it is at rest or in transit. In addition, RootFi has obtained ISO 27001:2013 certification, adheres to SOC2 Type 2 standards, and complies with GDPR regulations, ensuring that your customers can trust us with their data.

Once you connect your customers’ Qoyod accounting platform to RootFi, you can build a range of end-to-end solutions. This includes AP/AR automation, expense management solutions, business insight generation, credit underwriting and more. The Qoyod integration allows you to serve a wider range of customers in Saudi Arabia and the greater MENA region.

How do I access the Qoyod API Integration?

If you're a RootFi user, our Qoyod integration is immediately available to use. Here’s how you access RootFi’s Qoyod integration:

  1. Log in to your RootFi account.
  2. Head to the ‘Companies’ section and select ‘Connect a Company’.
  3. Name your customer’s company, and an invite link (URL) will be auto-generated.
  4. Share the generated URL with your customer.

If you’re not yet a RootFi user but would like to become one, you can start for free today. Sign up to set up 5 active connections with your customers’ accounting platforms.

Build your product with accounting data from Qoyod and 16+ accounting platforms

RootFi's integration with Qoyod demonstrates our commitment to transforming B2B integrations. By connecting your product with popular accounting platforms like Qoyod, we aim to create a future where business operations are streamlined, and decisions are based on comprehensive data.

Whether you're already familiar with APIs or just starting to explore the world of B2B integrations and Accounting APIs, RootFi is here to support you. Start for free today or schedule a call with our team to discover how RootFi can benefit you today.

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