日本語 
OBC to support the deployment of Aichi Bank’s corporate settlement platform service, “Arch Bridge,” which handles everything from invoice receipt to payment/settlement. Furthermore, by concluding this business alliance, both companies will build a system to expand sales of their services and promote DX (Digital Transformation) for small and medium-sized enterprises in the region.
In recent years, companies have faced critical management challenges in complying with the invoice system and the Electronic Bookkeeping Law, addressing labor shortages, and digitizing back-office operations to improve productivity. However, in many companies, the process from receiving and approving invoices to payment and storage is scattered across paper and multiple systems, leading to challenges such as the burden of manual data entry and verification, payment errors and duplicate payments, and operational risks related to legal compliance.
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Aichi Bank’s “Arch Bridge” is a service that supports the digital transformation (DX) of accounting operations for local companies. It aims to improve the efficiency and quality of accounting operations by linking invoice receipt, accounts payable management, payment management, and internet banking. Addressing challenges that companies face, such as “not knowing where to start with DX” and “high workload due to paper invoices and manual processes,” Arch Bridge provides support for DX promotion through collaborative assistance unique to a financial institution.
Source: PRTimes
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