Saudi first launch

Business spending, finally organized.

Scan receipts, track expenses, manage VAT, and organize business spending in one platform.

Rassid gives owners and teams a cleaner way to handle receipts, employee spending, purchase records and financial visibility.

Live dashboard

SAR 48,920

VAT ready

Expense analytics

1,284

Receipts scanned

12 teams

Employee budgets

PDF + Excel

Reports exported

Receipt scan

Coffee supplier invoice

VAT & reporting

VAT records organized
Company spend separated
Accountant report ready

Problem

Expense workflows are still scattered.

Many businesses rely on WhatsApp, paper receipts, Excel sheets and manual accounting workflows. Receipts get lost, VAT records become messy, employee spending is hard to track, and owners lack visibility.

WhatsApp threads

Receipts and approvals get buried in chats.

Paper receipts

Records go missing before accounting starts.

Excel tracking

Manual sheets become slow, messy and outdated.

VAT pressure

Tax records are harder to trust when files are scattered.

Solution

Rassid turns receipts into clean business records.

Rassid digitizes receipts, organizes expenses, tracks VAT records, manages employee spending, and gives owners a cleaner view of business finances.

01

Upload receipt

Capture or upload receipts in seconds.

02

OCR reads it

Merchant, date, totals and VAT details are extracted.

03

Expense is categorized

Spending is organized by person, team and type.

04

Owner sees reports

Dashboards turn activity into financial visibility.

Features

Focused tools for daily business spending.

Receipt scanning

Capture receipts quickly.

OCR receipt reading

Extract key details automatically.

VAT tracking

Keep records accountant-ready.

Analytics Hub

See spend clearly.

Employee budgets

Track team spending limits.

Purchase orders

Organize requests and approvals.

Subscription tracking

Monitor recurring costs.

Vehicle expense tracking

Connect spend to vehicles.

Multi-currency support

Work across markets.

Excel/PDF export

Share clean reports.

Role-based access

Control who sees what.

Cloud document storage

Keep files in one place.

Why Saudi Businesses Need Rassid

Built around practical business needs.

Saudi businesses are growing fast, but expense operations often remain manual. Rassid helps owners keep records cleaner and reports easier to access.

Growing SME and startup ecosystem
VAT compliance needs
Manual receipt tracking is still common
Employee spending needs better visibility
Businesses need cleaner financial records
Owners need faster access to reports

Vision 2030 Alignment

Supporting a more digital, efficient business ecosystem.

Rassid supports paperless operations, better financial organization, SME efficiency and modern infrastructure for startup growth.

Digital transformation

SME efficiency

Paperless operations

Better financial organization

Startup growth

Modern business infrastructure

Roadmap

A clear path from MVP to financial intelligence.

1

Phase 1

Current MVP

Receipt uploads
Expense tracking
Dashboard
Early access
Business testing
2

Phase 2

Product Expansion

AI receipt classification
Duplicate receipt detection
Advanced analytics
Accountant dashboard
Arabic-first experience
3

Phase 3

Long-Term Vision

Bank/payment integrations
Mobile app expansion
Predictive spending insights
International expansion

About Us

Built by students. Designed for businesses.

Muhammad Khan

Co-Founder

DeGroote School of Business, McMaster University

Commerce — Finance and Data Analytics

Focus: business strategy, finance, operations, and understanding expense-management problems faced by businesses.

Muhammad Rayyan Huda

Co-Founder

Western University

Bachelor of Management and Organizational Studies — Consumer Behaviour

Focus: product direction, user experience, customer behaviour, and building a simple platform for businesses and everyday users.

Built by two students connected to Canada and Saudi Arabia, Rassid is focused on making expense tracking simpler for modern businesses.

Early Access

Help shape Rassid before launch.

Join the early group of Saudi businesses and operators testing cleaner expense tracking.