WHY IS IBEA ALIVE?
Purpose of IBEA
IBEA was established with the aim of addressing the chronic issue of delayed B2B supplier payments in KSA and the wider Middle East region, in order to modernize the AP departments in the area. The structural challenges in this region lead to significant cashflow problems across various industries, stemming from manual procedures, persistently delayed payments, and a deficiency of adaptable solutions.
Mission
Transforming AP departments from cost centers to revenue Centers.
Vision
To create a stronger, healthier, and more efficient buyer x supplier relationship in the Middle east