#Japan #Tokyo #Waste Management #Money Forward #JEMS

Enhancing Waste Management Through Strategic Partnerships

In a significant move towards digital transformation in the waste management and resource recycling industry, Money Forward Kessai Inc., a subsidiary of Money Forward Inc., has announced a partnership with JEMS to enhance operational efficiency. This collaboration aims to integrate JEMS’ specialized waste management system, “Kankyo Shogun R,” with Money Forward’s corporate after-payment and invoicing service, creating a seamless flow of information and processes between the two systems.

Bridging Gaps in Waste Management

The waste management sector plays a crucial role in ensuring the health of our society by overseeing waste collection, transportation, disposal, and recycling. However, it faces significant challenges, such as stringent legal regulations related to waste disposal and the overwhelming burden of compliance that comes with them. Moreover, the requirement for specific documentation, including manifests and governmental reports, creates a complex administrative workload that can impede efficiency. Traditional practices, such as the use of paper slips and handwritten invoices, further complicate the adoption of digital solutions, acting as barriers to meaningful transformation.

With the industry currently grappling with severe labor shortages and the urgent need to adapt to changing work styles, a shift from traditional waste disposal methods to a more advanced ‘circular economy’ model is essential. This partnership between Money Forward and JEMS aims to address these pressing issues by fully automating both regulatory compliance tasks and invoicing processes, thus allowing companies to focus on high-value activities like resource recycling.

Key Objectives of the Collaboration

1. API Integration: The initiative will enable a seamless API connection between the “Kankyo Shogun R” system and Money Forward’s after-payment service. This integration will connect waste collection records directly to invoicing and payment reconciliation, reducing manual data entry errors and automating credit management.
2. Utilizing Customer Bases for Synergy: JEMS enjoys a robust customer portfolio of over 1,300 entities, ranging from private businesses to public institutions. By leveraging each company’s strengths, they plan to propose optimal digital transformation solutions and accelerate the overall digital evolution of the waste management sector.
3. Evaluation of BPO Services: JEMS is looking into releasing BPO services tailored specifically for the waste management industry. By combining the BPO knowledge both companies possess, a new service framework will be formulated that supports operational practices, allowing businesses more time to focus on core functions.

About “Kankyo Shogun R”

The “Kankyo Shogun R” system is designed specifically for the waste processing and resource recycling industry, allowing users to manage various operations ranging from collection and transportation to disposal, including measures for estimation, contracting, registration of collections, weight management, inventory, manifest management, invoicing, and payments all within a unified system.
Explore Kankyo Shogun R

About Money Forward’s After-Payment Service

“Money Forward Kakebarai” is a comprehensive corporate after-payment solution that manages customer credit checks, invoice issuance, and payment collection, relieving businesses of cumbersome invoicing tasks while shortening the payment collection cycle and minimizing risks associated with revenue management.
Learn more about Money Forward Kakebarai

Corporate Information

JEMS Co., Ltd. is located in Tsukuba, Ibaraki, with a focus on developing software, providing business process outsourcing, and offering environmental consulting services.

Money Forward Kessai Inc. is based in Minato, Tokyo, specializing in finance service development and offering a range of business tools aimed at increasing efficiency in corporate payments.

Together, through targeted innovation and API integration, Money Forward and JEMS are poised to revolutionize the waste management sector, paving the way for a more sustainable and efficient future.