Ishii Foods Corporation Embraces Innovation with Money Forward Cloud
Ishii Foods Corporation, a distinguished name in Japan's food sector recognized for its additive-free cooking methods, has taken a significant step toward modernizing its operations by adopting three services from Money Forward: "Money Forward Cloud Accounting Plus," "Money Forward Cloud Expenses," and "Money Forward Cloud Payables." This move aims to enhance efficiency in its finance and accounting departments, thereby paving the way for sustainable growth in the future.
Background of the Implementation
Previously, Ishii Foods grappled with substantial challenges in its accounting processes, primarily due to the overwhelming volume of paper documents, which led to manual work and reliance on personnel for system updates and maintenance. To address these issues, the company initiated a project to replace its accounting and finance system. After thorough evaluation and comparison, they chose to implement "Money Forward Cloud," valuing its capabilities for automatic data integration, flexible internal management and maintenance, high tracking capabilities of ledger entries, and real-time information sharing.
Additionally, the seamless connectivity of the accounting system with other systems, the ERP design philosophy allowing for individualized selections, and rapid development speeds were critical factors in this decision.
Insights from Ishii Foods' Executive
According to Mr. Tamayasu Ishii, Executive Officer at Ishii Foods, the company dedicates itself to sustaining Japan's food culture with a focus on safety and quality. However, back-office processes, especially accounting operations, had hindered their ability to react swiftly to the dynamic external business environment. Recognizing that accounting essentially serves as management oversight, Ishii Foods desires to eliminate manual processes and personnel-dependency to promote efficiency and cultivate a self-sustaining organizational structure for future strategic management.
"Money Forward Cloud" offers seamless integration starting from accounting, eliminating operational blind spots through automatic data linkage and exceptional tracking capabilities. The development team's attentiveness to practical functionality and speed during the implementation process has also profoundly impressed Ishii Foods. They look forward to continued support and collaborative success with Money Forward.
Overview of Money Forward Cloud Services
Money Forward Cloud Accounting Plus
This service acts as a robust accounting suite targeted at mid-sized and publicly listed companies. It features an approval system for journal entries and update history capabilities, assisting firms in optimizing their internal controls to boost reliability.
Learn More: Money Forward Cloud Accounting Plus
Money Forward Cloud Expenses
This cloud-based expense management system is widely adopted by businesses undergoing growth and transformation. It eliminates manual data entry by automating the reading of card statements and transit IC cards, thus significantly enhancing operational efficiency. Expense entries, requests, and approvals can also be completed via mobile devices.
Learn More: Money Forward Cloud Expenses
Money Forward Cloud Payables
Designed to streamline tasks related to invoice and workflow management, this cloud-based payables system enables companies to conduct procurement approvals and manage invoices entirely online, eradicating the need for paper-based processes. The flexibility to manage approvals remotely also facilitates effective operation during telecommuting.
Learn More: Money Forward Cloud Payables
Company Profiles
Ishii Foods Corporation
- - Location: 2-7-17 Honcho, Funabashi, Chiba Prefecture
- - CEO: Tomoyasu Ishii, President
- - Founded: May 1945
- - Business: Manufacturing and sales of meat and meat products
- - Website: Ishii Foods Website
Money Forward, Inc.
- - Location: 3-1-21 msb Tamachi, Shibaura, Minato-ku, Tokyo
- - CEO: Yosuke Tsuji, Group CEO
- - Founded: May 2012
- - Business: Platform service solutions
- - Website: Money Forward Corporate