#Japan #Tokyo #JCB #NP Post-Payment #OSC Home Facility

Introduction

Network Protections, based in Chiyoda, Tokyo, has announced its initial offering of the post-payment service "NP Post-Payment Air" to OSC Home Facility, located in Kokubunji, Tokyo. This innovative service aims to streamline financial transactions related to renovation and gardening operations, reducing dependency on cash, simplifying payment procedures for additional work, and facilitating efficient sales management across different stores.

Background

OSC Home Facility has faced significant challenges associated with cash transactions, which include managing revenues, change, and storage, as well as the cumbersome process of cash collection for additional work. Moreover, effectively managing and reconciling store revenues and payments at the head office proved to be labor-intensive. Increasing the workload for billing and collection within the organization also posed substantial compliance and internal control risks, further complicating operations.

Selection Rationale and Expected Benefits

In response to these challenges, OSC Home Facility chose "NP Post-Payment Air" for its seamless service from credit checks to invoice issuance and payment collection. Network Protections assumes the risk of uncollected debts, allowing OSC to reduce the risks involved with cash management and administrative burdens. Furthermore, it standardizes settlement operations for additional projects, enhancing the visibility and central management of store-specific revenue and recovery status from the head office. The correct structuring of billing and collection processes will not only improve compliance and internal control but also promote efficiency for both the field operations and the head office.

This partnership draws from a previously established capital alliance with JCB, who has actively collaborated with Network Protections to promote their services to JCB member shops, thus facilitating the implementation of this new service.

About 'NP Post-Payment Air'

The "NP Post-Payment Air" service caters especially to home service providers involved in activities like plumbing, gas repairs, house cleaning, and the installation of home equipment, allowing customers to pay only after receiving these services. This advantage eliminates the necessity for cash on hand at the time of service and alleviates concerns about insufficient funds during additional billing. Additionally, there is no need for membership registration or providing credit card information, making it user-friendly. Moreover, businesses that adopt "NP Post-Payment Air" can outsource the entire process from credit evaluation to invoicing and payment collection to Network Protections. This ensures that they are protected against the risk of uncollected amounts while reducing the burden associated with collection tasks and cash discrepancies, allowing them to focus on their core operations.

For more information about this service, please visit the NP Post-Payment Air Official Page.

Company Overview of Network Protections

• - Corporate Name: Network Protections, Inc.
• - Representative: President Shin Shibata
• - Website: Network Protections
• - Business Description: Various post-payment services
• - Established: January 2000
• - Capital: 100 million yen
• - Head Office Location: 4-2-6 Kojimachi, Chiyoda, Tokyo, 5th Floor Sumitomo Real Estate Kojimachi First Building

Company Overview of OSC Home Facility

• - Corporate Name: OSC Home Facility, Inc.
• - Representative: President Shinichi Sakata
• - Website: OSC Home Facility
• - Business Description: Sales and installation of housing equipment and appliances, home support, and various construction works
• - Established: December 14, 2022
• - Capital: 20 million yen (part of Olympic Group)
• - Head Office Location: 2-18-7 Higashitokura, Kokubunji, Tokyo