#Japan #Tokyo #freee #BOXIL #MoneyForward

Insights from BOXIL's Year-End Adjustment Software Survey

In Japan, smart camp Co., Ltd., the operator of the SaaS comparison site BOXIL, conducted a survey among 888 representatives responsible for year-end adjustments, particularly focusing on year-end adjustment systems and labor management systems. The objective of this survey was to clarify the market share of year-end adjustment software, the key factors companies consider when selecting a software, and the effects observed from its implementation.

Key Findings of the Survey

The survey revealed that the most chosen software for year-end adjustments was MoneyForward Cloud Year-End Adjustment, followed closely by freee HR & Labor and Office Station Year-End Adjustment.

Software Popularity Rankings:
1. MoneyForward Cloud Year-End Adjustment - 15.4%
2. freee HR & Labor - 9.5%
3. Office Station Year-End Adjustment - 8.4%
4. Jobkan Labor HR - 8.2%
5. SmartHR Labor Management - 7.1%

Selection Criteria for Year-End Adjustment Software

When companies selected their year-end adjustment software, several key factors emerged as significant. The most critical factor was the cost of implementation and operation, which garnered 37.4% of the responses. Other important considerations included:

• - Usability: 32.2%
• - Ease of integration with payroll and HR systems: 32.0%
• - Security: 30.8%
• - Proven track record: 29.1%

Impact of Implementation on Business Efficiency

An overwhelming 69.8% of companies realized a time reduction of over 30% in their operations post-implementation. Among them, 51.9% reported a reduction of approximately 30%, while 17.9% observed more than a 50% decrease. This efficiency gain was especially noticeable in larger companies, where the elimination of document distribution, collection, and data entry resulted in a significant operational improvement.

Benefits Reported by Implementing Companies

When discussing the advantages of using year-end adjustment software, respondents highlighted numerous benefits:

• - Paperless Environment: 46.5% of respondents indicated the ability to achieve a paperless environment.
• - Reduction in Errors: 45.9% appreciated the decrease in data entry and transcription errors.
• - Easier Document Management: 36.8% noted that document collection and verification became much simpler.
• - Adaptive to Legal Changes: 31.6% valued the software’s ability to automatically comply with legal amendments.
• - Less Inquiries: 29.6% experienced fewer inquiries related to document issues.

Conclusion

The survey underscores the growing reliance on digital solutions in managing year-end adjustments among companies in Japan. With many firms experiencing significant time savings and reductions in errors, the adoption of year-end adjustment software appears to be on the rise.

To explore detailed findings of this survey, visit the following link: BOXIL Year-End Adjustment Software Survey. Additionally, those interested in further enhancing their understanding of year-end adjustment software can access related articles on BOXIL’s website, including recommendations for free-to-use software options and comprehensive explanations of year-end adjustments.

For more insights, visit BOXIL to explore various SaaS solutions tailored to meet specific business requirements.