First Accounting Co., Ltd., which is realizing the accounting singularity, has announced that its AI-OCR service “Robota,” developed and provided by NTT DATA With Corporation, has adopted the company’s AI-OCR service “Robota” as the core of the check logic in “InspectData,” an automation solution for accounting and expense reimbursement operations launched by NTT DATA With.
Against the backdrop of labor shortages due to a declining birthrate and aging population, accelerating digitalization, and legal reforms, improving the efficiency and sophistication of accounting operations has become an urgent issue for Japanese companies. In particular, the checking and approval of expense claims is an area that places a heavy human burden and is prone to being personalized, and is an important process that requires reliability.
To address these issues, NTT DATA With has launched “InspectData,” which uses the power of technology to automate these tasks and help improve the productivity and quality of accounting departments.
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InspectData is a solution that combines technologies such as generative AI and AI-OCR with check logic designed from an accounting perspective. This automates and streamlines verification and reconciliation, aiming to eliminate the need for accounting staff to check and approve applications.
By implementing InspectData, accounting and expense reimbursement processes will become more efficient, reducing the time and burden of reconciliation and reconciliation work. This will help promote accounting digital transformation, avoid busy periods at the end and beginning of each month, optimize resources, prevent deficiencies and fraud, and expedite financial closing.
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