BlueBank and Tsuzuki & Hongo Group's New Partnership
BlueBank Corp, renowned for its owner-exclusive business application, has announced a significant strategic partnership with the leading accounting firm Tsuzuki & Hongo Group. The partnership aims to leverage technology in order to enhance the operational efficiency of both firms and better serve their clients.
Objective of the Strategic Partnership
BlueBank specializes in developing the BlueBank app, designed specifically for business owners. This platform seeks to facilitate self-actualization and prosperity for its users by providing essential tools and resources tailored to their unique challenges. Business owners often find themselves overwhelmed by productivity demands linked to their management responsibilities, neglecting their personal asset management and overall well-being. BlueBank intends to change that narrative by creating technology-driven solutions that allow them to reclaim their time and pursue a richer, more fulfilling life.
The app also accumulates comprehensive data related to personal assets and business operations, establishing a foundation for next-generation financial services, thereby fostering an ecosystem that addresses the unique needs of business owners.
On the other side, Tsuzuki & Hongo Group, recognized as a major player in Japan's accounting industry, is committed to improving productivity across the sector by embracing digital transformation (DX). As challenges like labor shortages loom over the accounting landscape, maintaining ongoing productivity enhancements is crucial for delivering high-quality services.
One primary focus within this collaboration is to foster tech-driven communication between clients, especially business managers and their points of contact. By utilizing BlueBank's expertise in digitizing business operations, the two firms will enhance tech-driven interactions within the accounting framework, ultimately leading to reduced operational burdens and improved client satisfaction.
Key Points of the Partnership
This strategic collaboration includes the introduction of BlueBank’s services to approximately 19,000 advisor clients of Tsuzuki & Hongo Group. Additionally, they will jointly develop new features for the app to tackle the labor shortage faced by small to medium-sized businesses and within the accounting sector.
Furthermore, the partnership plans to create a corporate credit card designed to facilitate efficient business transactions and accounting processes, helping business owners automate payment tasks like invoices and payroll through an advanced AI transfer feature. Another innovation, an AI agent, will automate document retrieval from clients, ensuring a seamless flow of information.
Lastly, the development of an AI chatbot based on financial statements will allow for real-time suggestions regarding cash flow, financial status, grants, and loans, enhancing decision-making capabilities for business owners.
Company Overview
Location: 7-24-5 Nishi-Gotanda, Shinagawa-ku, Tokyo
CEO: Kazuki Sugimori
Capital: 1,179 million yen (including capital reserves)
Founded: September 1, 2016
Website: bluebank.app
Location: 1-25-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo
Chairman: Koyou Hongo
Founded: April 1, 2002
Website: ht-tax.or.jp
In summary, the alliance between BlueBank and Tsuzuki & Hongo Group highlights a significant move towards integrating tech-savvy solutions in the business management and accounting sectors, promising enhanced productivity and client satisfaction.