Integration of Mudad platform services for Menaitech KSA clients

A leader in payroll and human resource management, Menaitech signed a memorandum of understanding for the integration of the Muddad platform in the Kingdom of Saudi Arabia within its system. The agreement complies with the Saudi wage protection system and simplifies the management and transfer of salaries in a fully automated process.

The cooperation memorandum for the provision of automated, integrated services was signed by the founder and CEO of Menaitech, Dr. Bashar Hawamdeh, and the CEO of the Muddad platform, Eng. Bandar Al-Ghufais.

With Mudad’s direct link with Saudi banks and financial institutions, the integration within Menaitech’s human resource system allows companies that include 1,000 or fewer employees to manage and transfer employee payrolls while automatically uploading wage protection files through multiple channels. It also allows for status follow up, withdrawal of salaries, and upload of wage protection files directly on the Mudad platform’s wage protection system, all within Menaitech’s MenaPay module.

Dr. Bashar Hawamdeh highlighted the importance of the partnership with the Mudad platform in serving establishments and contributing to achieving the goals of the Saudi Vision 2030. He added, “We are keen to ensure that the Menaitech system includes everything that serves organizations to prosper and achieve their goals, and we are pleased to partner with a prestigious platform such as the Mudad platform.”

CEO of Mudad, Eng. Bandar Al-Ghufais, stated that Mudad aims to facilitate compliance by companies in the Kingdom of Saudi Arabia with the wage protection program, which contributes to transparency and stability in the labor market. Mudad also expressed confidence partnering with Menaitech which is known and well established in the field of HR management.