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Tokyo Seika Adopts Money Forward Cloud Solutions

Tokyo Seika Co., a leading company in fresh produce wholesale in Japan, has recently integrated Money Forward Cloud Expense and Money Forward Cloud Payable into its operations. This strategic move is supported by comprehensive consulting services provided by Money Forward Consulting, aiming to significantly revamp operational processes from the initial setup to daily operations.

Implementation Background

With numerous business trips to various production areas across Japan, employees of Tokyo Seika were managing around 1,300 monthly expense and payable claims using a paper-based internal system. This approach led to significant issues, including prolonged internal processing times for sales personnel, delayed approval workflows particularly for managers on extended trips, and increased workloads in the finance department due to manual checks for transportation costs and consumption tax rates. Given the recent proliferation of expense management systems, Tokyo Seika recognized the need to adopt a contemporary system that aligns with the evolving business environment.

In selecting the new systems, the ability for smooth integration with existing core and accounting systems was paramount. After extensive consideration, Tokyo Seika chose to implement Money Forward Cloud Expense and Money Forward Cloud Payable due to their flexibility and high versatility. The company also leveraged business design consulting services to navigate the complexities of multi-vendor system integration effectively.

Comments from Tokyo Seika

Hiroaki Hiro, Head of Accounting at Tokyo Seika, shared, "We are witnessing a consistent move towards digitalization of our accounting department's core tasks with the introduction of Money Forward Cloud. For our sales team, the time spent on paper-based requests has been reduced from 15-30 minutes to just about 5 minutes, significantly lightening the operational load on-site. We aim to cut down paper handling in expense claims and payables by 70-80% to further enhance our operational efficiency."

Hiro also highlighted the valuable support provided by the business design consulting services, which facilitated a smooth implementation of the new systems. "We are grateful that we could successfully release and operate this new solution,” he added.

About Money Forward Cloud Expense

Money Forward Cloud Expense is a cloud-based expense management system that is widely utilized by growing and transforming enterprises. By automating the reading of card statements and transit IC cards, it eliminates manual input, thereby enhancing operational efficiency. The system allows expense registration, filing, and approval via smartphones, making the process even more user-friendly. For more details, visit Money Forward Cloud Expense.

About Money Forward Cloud Payable

Money Forward Cloud Payable is a cloud-based accounts payable management system that enhances the efficiency of processes related to invoice and workflow management. The system centralizes requests, approvals, and payment decisions on a cloud platform, eliminating the need for paper-based invoices and approvals. This paperless, seal-free operation allows submissions and approvals to be handled remotely, making it ideal for telecommuting settings. Learn more at Money Forward Cloud Payable.

About Business Design Consulting

Business Design Consulting, provided by Money Forward Consulting, focuses on addressing inefficiencies and personnel dependencies in back-office functions. By reassessing projects driven by frontline operations, this consulting service enables organizations to redesign their entire operational framework toward a sustainable system. It goes beyond mere system upgrades to support everything from intricate process organization to establishing optimal structures for operational efficiency. Read more at Business Design Consulting.

About Tokyo Seika Co.

• - Name: Tokyo Seika Co., Ltd.
• - Location: 3-2-1 Higashikai, Ota-ku, Tokyo
• - CEO: Kota Kawada
• - Established: May 1947
• - Business: Wholesale and purchasing of fresh produce and processed goods
• - Website: Tokyo Seika

About Money Forward Co.

• - Name: Money Forward Co., Ltd.
• - Location: 21F Tamachi Station Tower S, 3-1-21 Shibaura, Minato-ku, Tokyo
• - CEO: Yosuke Tsuji
• - Established: May 2012
• - Business: Platform services business
• - Website: Money Forward Corp

About Money Forward Consulting Co.

• - Name: Money Forward Consulting Co., Ltd.
• - Location: 21F Tamachi Station Tower S, 3-1-21 Shibaura, Minato-ku, Tokyo
• - CEO: Hiroshi Shimauchi
• - Established: November 2024
• - Business: SaaS solutions for management and consulting to support corporate growth
• - Website: Money Forward Consulting

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