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SCSK Corporation and Loglass Inc. have signed a partnership agreement in the field of management accounting. By linking SCSK’s ERP “PROACTIVE” with Loglass’ cloud-based business management system “Loglass,” it will be possible to centralize actual data and planning data, helping companies make quick and accurate management decisions.
Many companies still rely on spreadsheet software for budgeting and budget/actual management, which requires a lot of time for data collection, compilation, and processing, and has issues such as dependency on individual staff, input errors, and cumbersome confirmation work (Figure 3). In addition, the management information required for budgeting is distributed across various departments and systems, and data collection, decision-making, and multifaceted analysis by department or service take time, which leads to issues such as information staleness and an inability to respond quickly to changes in the market environment. In fact, 77.2% of corporate planning staff who handle budgeting and budget/actual management are dissatisfied with the current corporate planning work, and 30% of these companies require more than 10 business days for monthly budget/actual management (Figures 1 and 2).
To address these issues, SCSK entered into a partnership agreement with Logrus, a company with strengths in management accounting.
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By linking “PROACTIVE” and “Loglass,” it will be possible to visualize management information using AI, especially in the area of management accounting. It will help customers make quick decisions, move away from cumbersome Excel management by importing budget data in any format, and support advanced cross-departmental forecast and actual analysis.
SOURCE: PRTimes
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