#Japan #Tokyo #Money Forward #Akashi #Sony Biz Networks

Sony Biz Networks' Cloud Attendance System Joins Money Forward

In a significant move for the corporate software landscape, Money Forward has announced that it will absorb the cloud-based attendance management system, AKASHI, from Sony Biz Networks. This decision, reached via a corporate division absorption strategy, will see the consolidation completed by March 31, 2026.

The Strategic Aim of the Merger

The collaboration aims to enhance the product offerings aimed at medium and enterprise-level companies, rebranding AKASHI to 'Money Forward Cloud Attendance Plus' beginning in April 2026. This initiative represents a pivotal change in how both companies serve their client bases while solidifying their positions within the HR-tech sector. Both firms plan to capitalize on their strengths—SBN's IT infrastructure prowess and Money Forward's back-office SaaS capabilities—to create integrated solutions that are adaptable to the diverse needs of businesses.

As companies face increasing demands for sophisticated operational compliance and management capabilities, AKASHI stands out for its versatility and high-level features. This attendance management system is designed to adapt to various working styles and complex employment regulations, making it particularly suitable for medium and enterprise organizations. The robust nature of AKASHI has already garnered praise for its user-friendly features and comprehensive management functions, ensuring it meets evolving employer needs effectively.

Looking Ahead: Integration and Synergy

With the planned rebranding to Money Forward Cloud Attendance Plus, significant steps will be taken to ensure maximum usability. Enhancements including integration with the Money Forward ID, along with a unified marketing and development strategy, are expected to yield a better experience for users.

This partnership is more than a merger; it is about creating a comprehensive support ecosystem for businesses ranging from startups to large enterprises. It combines the strengths of both firms: SBN excels in services targeting information systems while Money Forward delivers robust solutions for accounting, finance, and HR management.

The aim is not only to improve attendance tracking and management but also to provide a system that evolves as business needs change, allowing for metrics and data to be analyzed and adjusted as required. Utilizing advanced features such as customizable alert settings, advanced reporting dashboards, and comprehensive audit logs, AKASHI can readily support varying corporate policies and compliance requirements.

Conclusion: A New Chapter in HR Technology

As more organizations embark on digital transformation journeys, the importance of adaptable and efficient tools becomes ever more apparent. The merger of Money Forward and Sony Biz Networks, along with the strategic growth of the AKASHI system, promotes a holistic approach to enhancing corporate operational performance.

About AKASHI: A Revolutionary Attendance Management Tool

The AKASHI system’s design is intuitive, yet it is capable of accommodating the complex operational rules and compliance demands that accompany growth in corporate structures. Its ability to create customized data aggregation points, maintain productivity records, and provide multifaceted analytical options positions it as an essential tool for many firms navigating the complexities of modern workforce management.

For more information about AKASHI, visit AKASHI Official Site.

About Sony Biz Networks Inc.

• - Founding Date: July 20, 2012
• - Location: Shibuya, Tokyo
• - Business: Telecom and network integration services
• - Sony Biz Networks Official Site

About Money Forward, Inc.

• - Founding Date: May 2012
• - Location: Minato, Tokyo
• - Business: Platform service solutions
• - Money Forward Official Site

This partnership represents not just a merger but a comprehensive economic strategy aimed at making HR functions seamless, precise, and fitted for both current and future workforce demands.