diff --git a/erpnext/setup/utils.py b/erpnext/setup/utils.py
index 439e6a5..13269a8 100644
--- a/erpnext/setup/utils.py
+++ b/erpnext/setup/utils.py
@@ -142,6 +142,6 @@
 				raise
 
 def welcome_email():
-	site_name = get_default_company()
+	site_name = get_default_company() or "ERPNext"
 	title = _("Welcome to {0}").format(site_name)
 	return title