#Japan #Tokyo #AI Agent #Money Forward #Lease Accounting

Money Forward Introduces 'Lease Identification Agent'

Company Overview
Money Forward, a leading fintech company based in Japan, has announced the launch of its latest product, the 'Lease Identification Agent,' designed to assist businesses in adhering to new lease accounting standards. As companies navigate these changes, the introduction of this AI agent aims to streamline the identification of applicable lease contracts from executed agreements, simplifying what has traditionally been a complex process.

The 'Lease Identification Agent' is part of Money Forward's comprehensive cloud-based contract management service, called 'Money Forward Cloud Contracts.' This AI-driven solution analyzes electronic contracts, making initial determinations regarding lease transactions and extracting essential elements required for accounting entries. By integrating this tool with 'Money Forward Cloud Lease Accounting,' businesses can seamlessly transition from lease identification to subsequent accounting operations, enhancing overall efficiency.

Collaborating for Practical Applications

Developed through extensive collaboration between Money Forward's accounting and development teams, the agent reflects real-world feedback gained through early adoption projects. This practical experience ensures the tool fits seamlessly into the daily tasks of accounting professionals and provides high utility in the workplace.

Toshikazu Matsuoka, Chief Accounting Officer at Money Forward, commented on the challenge of identifying contracts under the new standards. He stated that the process of sifting through potential lease contracts had been labor-intensive, often taking months. However, the Lease Identification Agent can perform this task effortlessly, from automating data extraction to presenting the basis for lease applicability. This not only improves thoroughness but also reduces workload, allowing accounting professionals to focus on more strategic tasks.

Background of the Agent

As artificial intelligence continues to advance, back-office operations within organizations are moving from digital transformation (DX) to AI transformation (AX). The autonomous nature of AI enables companies to delegate mundane tasks, leading to dramatic efficiency improvements in operations. Beginning from the fiscal year starting April 1, 2027, public companies and large enterprises will be required to comply with the new lease accounting standards. This agent is designed specifically to streamline the process of identifying, classifying, and organizing lease contracts, which has historically posed a significant burden on company personnel.
By leveraging the capabilities of this AI agent, users can navigate seamlessly to subsequent accounting tasks, thereby optimizing their operational workflows. Additionally, when used in conjunction with 'Money Forward Cloud Lease Accounting'—launched in November 2025—businesses can significantly enhance their compliance efforts under the new standards.

Future Developments

Money Forward Cloud is committed to continuing the rollout of AI agents across various back-office functions. This evolution into products that autonomously manage operations will contribute to users' business growth through enhanced automation and efficiency.

About 'Money Forward Cloud Contracts'

'Money Forward Cloud Contracts' is an electronic contract and document management service that allows companies to manage legal consultations, contract creation, applications, approvals, contract execution, storage, and administration entirely online. This service not only reduces time and costs associated with traditional paper contracts—such as printing, binding, stamping, and mailing—but also facilitates centralized management of contracts signed through various electronic contract services and paper documents. By integrating contract data with debt and personnel management, it streamlines operations, significantly boosting overall productivity in back-office functions.

About 'Money Forward Cloud Lease Accounting'

'Money Forward Cloud Lease Accounting' is designed to ensure the fastest compliance with the new lease accounting standards set to take effect on April 1, 2027. It includes necessary features for lease assessments, calculation of right-of-use assets and lease liabilities, impact metrics, and journal entry functions. This allows businesses to adapt to the new standards without overhauling their existing systems, focusing solely on streamlining compliance processes.

Company Profile

Name: Money Forward, Inc.
Location: 21F, Tamachi Station Tower S, 3-1-21 Shibaura, Minato-ku, Tokyo, Japan
CEO: Yosuke Tsuji
Established: May 2012
Business Focus: Platform services
Website: Money Forward

All company names, products, services, and logos mentioned are trademarks or registered trademarks of their respective companies.