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Al Rajhi Endowment

50000

Al Rajhi Endowment now operates with greater efficiency, improved financial oversight, and enhanced real estate management.

Al Rajhi Endowment, a major real estate and philanthropic organization in Saudi Arabia, required an advanced business management solution to efficiently oversee its diverse portfolio, ensure seamless financial transactions, and enhance operational control. Facing inefficiencies in manual processes, fragmented systems, and a growing need for real-time data insights, Al Rajhi Endowment sought a comprehensive and scalable ERP solution.

Real Estate & Philanthropy

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Project Summary

Type

Description

Industry

Real Estate & Philanthropy

Company Name

Al Rajhi Endowment

Number of Employees

50000

Previous Software

-

Number Of Admin

300

ITSYS Solution

Odoo ERP - Enterprise Resource Planning

Scope Of Business

As an Odoo Gold Partner, ITSYS as a partner with DIS provided a fully customized Odoo ERP system that integrated real estate management, financial automation, and business intelligence, enabling Al Rajhi Endowment to achieve greater transparency, operational efficiency, and improved decision-making.

Client: Al Rajhi Endowment
Region: Saudi Arabia
Partner: ITSYS as a partner with DIS | Odoo Gold Partner

One of the most important factors that faced to change in the nature of the ERP system are

  1. Complex Real Estate Management: Managing multiple properties, leases, and maintenance schedules manually resulted in delays and errors.
  2. Financial Inefficiencies: Disconnected accounting and donation management systems led to inaccurate financial reporting and delays in fund allocations.
  3. Limited Data Visibility: Lack of real-time insights hindered strategic planning and investment decisions.
  4. Compliance & Governance Requirements: Ensuring compliance with Islamic endowment (Waqf) regulations required an advanced reporting framework.

Odoo Implementation Journey with ITSYS:

Client: Al Rajhi Endowment
Region: Saudi Arabia
Partner: ITSYS as a partner with DIS | Odoo Gold Partner

Solution Provided

To address these challenges, ITSYS as a partner with DIS  deployed a tailored Odoo ERP solution that transformed Al Rajhi Endowment’s operational workflow. The implementation included:

1. Real Estate & Lease Management

  • Property Portfolio Tracking (Odoo Real Estate): Digitized lease agreements, automated rent collection, and streamlined tenant management.
  • Maintenance & Service Requests: Integrated ticketing system for property maintenance, reducing downtime and costs.
  • Asset Lifecycle Management: Automated depreciation tracking and asset optimization strategies.

2. Financial & Fund Management

  • Automated Accounting (Odoo Accounting): Real-time reconciliation, automated invoicing, and tax compliance.
  • Donation & Fund Tracking (Odoo Nonprofit Management): Transparent fund allocation with AI-powered analytics for Waqf financial planning.
  • Budgeting & Expense Control: Improved forecasting and expenditure tracking for sustainable philanthropy.

3. Business Intelligence & Compliance

  • Advanced Reporting Dashboards (Odoo BI): Custom reports for endowment performance, lease revenues, and donation impact.
  • Regulatory Compliance Automation: Ensured adherence to Islamic finance principles and Saudi legal frameworks.
  • Real-Time Data Insights: Empowered leadership with actionable data for strategic decision-making.

Odoo Modules:

Results & Benefits

30% Increase in Operational Efficiency – Automated workflows significantly reduced manual intervention and administrative overhead.
Enhanced Financial Transparency – Real-time tracking of funds and financial reports improved decision-making and compliance.
Optimized Real Estate Portfolio – Digital property management enabled better lease tracking and maintenance planning.
Scalable & Future-Ready Infrastructure – The Odoo ERP solution ensured seamless growth and adaptability to new challenges.
Improved Philanthropic Impact – Enhanced visibility into donation allocations and project effectiveness.

Why ITSYS?

As a trusted Odoo Gold Partner, ITSYS specializes in delivering ERP solutions tailored to the unique challenges of real estate and nonprofit organizations. Our expertise in digital transformation ensures seamless integration, enhanced automation, and strategic insights for long-term success.

Conclusion

With the successful deployment of the Odoo ERP system, Al Rajhi Endowment now operates with greater efficiency, improved financial oversight, and enhanced real estate management. ITSYS continues to drive innovation, empowering organizations to achieve operational excellence through tailored digital solutions.

Al Rajhi Endowment now operates with greater efficiency, improved financial oversight, and enhanced real estate management.

Read Another Case?

Pan Gulf Case Study

The Success Journey Of Shifting From SAP To Odoo ERP

Learn More

Related Services

Odoo ERP - Enterprise Resource Planning

Investing in Odoo ERP means investing in the future success of your business. It empowers you with a robust, customizable, and cost-effective ERP solution that optimizes your operations, drives growth, and enhances your competitive advantage. Don't miss out on the opportunity to transform your business. Start investing in Odoo ERP today and unlock a world of possibilities.

Learn More

Let's take your goals to the next level.

Contact us today for a consultation.

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