Establishment of the Expense MIRAI Council
In a significant move towards improving corporate expense management, Money Forward, in collaboration with leading companies like Concur, BizReach, and Rakus, has established the Expense MIRAI Council. This voluntary organization is designed to share practical challenges surrounding expense settlement operations within companies while aiming for better operational efficiency and adherence to evolving regulations.
Background and Purpose of Establishment
Recent years have seen critical changes in legislation, such as the introduction of the invoicing system, diversification of work styles, and ongoing labor shortages. These factors necessitate essential reforms in expense settlement operations that go beyond simple digitization. Given that almost every employee engages with expense settlements, adapting to changes can potentially lead to temporary dips in convenience and productivity. Many businesses are therefore compelled to face complex, multidimensional challenges daily, often navigating the gap between regulations and on-the-ground practices.
Through the Expense MIRAI Council, we plan to collaborate with other cloud-based expense settlement service providers sharing similar aspirations. This collaboration will involve conducting surveys, engaging in dialogues with experts, and proposing policy changes aimed at bridging the information gap between regulatory frameworks and practical operations. Ultimately, our mission is to advance digital transformation within Japanese companies, enhance overall productivity, and help alleviate labor shortages in the broader society.
Structure of the Expense MIRAI Council
- - Organization Type: Voluntary Association
- - Chairman: Yoshio Hashimoto, President of Concur Japan Inc.
Participating Companies (in alphabetical order)
- - Concur Inc.
- - BizReach Inc.
- - Money Forward Inc.
- - Rakus Inc.
Statements from Participating Company Representatives
Yoshio Hashimoto, President of Concur Inc.
We're honored to establish the Expense MIRAI Council to support reform in corporate expense settlement. This area is heavily influenced by legal and work style shifts, even as it remains integral to daily operations. We aim to enhance Japan's competitive edge through practical recommendations and information dissemination rooted in frontline insights. Our hope is that this council serves as a platform for constructive dialogue, allowing us to build a better relationship between regulations and practical applications in expense management.
Tsutomu Koide, Director, HRMOS Business Division, BizReach Inc.
We’re proud to be a part of the Expense MIRAI Council. Our HRMOS series facilitates comprehensive management from hiring to employee support. Through HRMOS Expense, we aim to enhance operational efficiency in expense management, contributing to the transformation of working styles for all stakeholders involved. By addressing the fundamental challenges in expense settlement through this collaboration, we aspire to improve productivity across organizations.
Toshi Takai, Executive Officer, Chief of Public Affairs at Money Forward Inc.
Our mission is to advance business and enhance the experience of working individuals. For over a decade, we've provided services like Money Forward Cloud Expenses, utilizing automation and a paperless environment to improve efficiency in expense settlement processes. As regulations continue to evolve, we are committed to this initiative to create a world where many businesses can focus on their core operations.
Koji Yoshioka, Senior Executive Officer, Director of Rakus' Rakuraku Cloud Division
Rakus' offerings, including Rakuraku Seisan, are rooted in our brand theme of 'better, closer.' We’ve dedicated ourselves to addressing backend operational challenges and supporting ongoing business improvements. With the rise of digitalization, backend tasks still face numerous challenges. Through the Expense MIRAI Council, we aim to tackle the gap between regulations and practicalities while fostering better futures for our customers and their operations.
Contact Information for the Expense MIRAI Council
Expense MIRAI Council Secretariat
1-2-1 Otemachi, Chiyoda-ku, Tokyo 100-0004
Email: keihi_mirai@sap.com
About Money Forward Inc.
- - Name: Money Forward, Inc.
- - Location: 21F, Tamachi Station Tower S, 3-1-21 Shibaura, Minato-ku, Tokyo
- - CEO: Yosuke Tsuji
- - Founded: May 2012
- - Business Description: Platform service industry
- - Website: Money Forward Inc.
*Note: The company names and product/service names mentioned are trademarks or registered trademarks belonging to their respective rights holders.