Money Forward Inc. announced on the 6th that it will officially add “Money Forward Accounting” to its service lineup, an accounting BPO service for small and medium-sized enterprises. The service will be provided by Cashmo Inc., which is scheduled to join the group on June 30th. Cashmo has been a company that has provided accounting BPO services for small and medium-sized enterprises as a full package, and Money Forward will combine its own technology with Cashmo’s accounting BPO know-how to provide a service that takes advantage of the synergy between the two companies.
Among these, the newly offered “Money Forward Accounting” is an accounting BPO service for small and medium-sized enterprises that allows you to leave all of your accounting work to professionals. Utilizing Money Forward Cloud, a cloud-based business service developed by Money Forward, the service will handle practical tasks such as bookkeeping, transfers, invoice issuance, payment settlement, payment management, and payroll calculations, as well as organize and redesign the entire accounting work flow, support the introduction of Money Forward Cloud, and provide comprehensive support for compliance with legal regulations.
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In addition, by utilizing AI and other technologies for some operations and optimizing the human resources of operators, the company will provide a service that is easy for small and medium-sized enterprises to use in terms of cost and service content. Money Forward decided to acquire 75% of Cashmo’s shares on May 30th, and plans to acquire the shares on June 30th.
SOURCE: Yahoo