#Japan #Aomori #Kokopelli #Aomori Bank #BM Portal

Aomori Michinoku Bank Embraces 'BM Portal'

In a significant advancement for financial institutions, Aomori Michinoku Bank has officially announced the adoption of the 'BM Portal', which is a business matching management service developed by Kokopelli, based in Chiyoda City, Tokyo. This platform is designed specifically for managing business matching operations online, streamlining processes to better serve their clients, including those within the financial sector.

Background of the Implementation

Financial institutions play a crucial role in supporting their partner companies through digital transformation (DX) initiatives. They often engage in business matching to address specific challenges faced by these companies by introducing relevant services or products from their partner enterprises. However, this traditional operation has some key issues, notably a dependence on individual staff members for management, leading to inadequate sharing of client information and know-how, which decreases efficiency.

To overcome these challenges and improve the quality of proposals geared toward client needs, Aomori Michinoku Bank has chosen to implement the BM Portal. This decision is expected to enhance operational efficiency while ensuring that the proposals offered to partner companies are more targeted and effective.

Features and Functions of the BM Portal

The BM Portal brings various functionalities that can significantly enhance the business matching process:

• - Integrated Business Matching System: Financial entities can now search for services from multiple partner companies that correspond to the challenges faced by their clients, ensuring that the best-suited solutions are offered without unnecessary delays.

• - Digital Consent Forms: One of the key features is the ability to handle consent forms digitally. Instead of filling out and mailing physical documents, staff can now manage this entirely online, which not only speeds up the process but also reduces operational burdens.

• - Progress Tracking: The platform allows for monitoring of ongoing projects to prevent duplication and oversee everything at a glance, significantly bolstering communication and efficiency in the matching process.

• - Systematized Knowledge Sharing: Traditionally, the know-how regarding business matching was locked in specific individuals. BM Portal enables data capturing of this knowledge, ensuring that all employees can access and apply best practices, thus creating a more robust business environment.

• - Flexible Workflow Capabilities: The system includes a workflow for managerial approvals, which helps in making quick business decisions while mitigating the risks of delays and oversights.

• - Unified Invoice Management: A critical component includes managing invoice processes from contract signing to issuance, streamlining accounting procedures and ensuring smooth transactions.

Future Prospects

The introduction of BM Portal marks a pivotal enhancement for business matching within financial institutions. In the future, Kokopelli aims to introduce more advanced features, including AI-driven recommendation systems, further enriching the service.

Notably, there are plans for the implementation to expand to other financial institutions, enhancing the capabilities of these entities across the board.

For nearly eight years, Kokopelli has been a leader in developing and operating the ‘Big Advance’ platform, which assists small and medium-sized enterprises (SMEs) and has facilitated over 200,000 transactions. As a leader in business matching, Kokopelli plans to leverage its expertise and continue forging partnerships with financial institutions to assist SMEs in addressing challenges and discovering new opportunities, ultimately contributing to the revitalization of the local economy.

About Kokopelli, Inc.

• - Company Name: Kokopelli, Inc.
• - Location: 3-12 Kioicho, Chiyoda-ku, Tokyo, 11th Floor, Kioicho Building
• - CEO: Shigeru Kondo
• - Established: June 2007
• - Business Activities: Business platform services
• - Website: Kokopelli Inc.
• - Key Services: Business support platform for SMEs 'Big Advance' and international business matching platform 'BIG ADVANCE GLOBAL'.