Sansan Inc., which provides digital transformation services that change the way people work, announces that it has signed a partnership agreement with the government-affiliated financial institution The Shoko Chukin Bank for the invoice management service “Bill One.” This will enable Shoko Chukin Bank to introduce Bill One to approximately 70,000 business partners, mainly small and medium-sized enterprises. By starting to provide Bill One in March 2025 and supporting accounting digital transformation, Sansan will contribute to solving issues common to small and medium-sized enterprises, such as labor shortages.
As the population decline and aging of the population continues throughout Japan, the competition to acquire talent is intensifying, and labor shortages are becoming more serious, especially in small and medium-sized enterprises. According to the Small and Medium Enterprise Agency, the labor shortage in companies is becoming more serious at the same time as the economy recovers since fiscal 2020, when the COVID-19 pandemic began. It is important to actively promote digital transformation in order to improve the productivity of each individual and increase the competitiveness of companies. However, in reality, digital transformation is not as advanced as in small and medium-sized enterprises. In a survey on invoice operations conducted by our company in January 2024, 35.7% of companies with 1,001 or more employees responded that they “mainly receive invoices on paper,” while 78.0% of companies with 100 or fewer employees responded that they “mainly receive invoices on paper,” indicating that analog operations remain in many small and medium-sized enterprises.
Sansan’s invoice management service, “Bill One,” allows you to receive all types of invoices online, including paper invoices received by mail and PDF invoices attached to emails. In addition, by receiving invoices on your behalf and digitizing them with 99.9% accuracy, it also supports cases where clients wish to issue paper invoices, and has supported the accounting digital transformation of a wide range of companies.
As a government-affiliated financial institution, Shoko Chukin Bank provides financial services primarily to small and medium-sized enterprises. In recent years, in response to the diversification of management issues faced by small and medium-sized enterprises, such as labor shortages and business succession issues, the Bank has strengthened its comprehensive corporate support that goes beyond traditional lending operations, and is helping its client companies achieve sustainable growth.
Sansan has now reached an agreement with Shoko Chukin Bank, believing that by providing the knowledge it has cultivated about promoting digital transformation and promoting the introduction of Bill One to Shoko Chukin Bank’s extensive customer base, it will be able to promote digital transformation in accounting for small and medium-sized enterprises and contribute to solving their issues.
SOURCE: PRTimes
