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SCSK and Loglass Collaboration

In a significant move for the world of management accounting, SCSK Corporation and Loglass Inc. have announced a partnership that promises to modernize corporate decision-making through the integration of their respective solutions, SCSK's AI-native ERP PROACTIVE and Loglass's cloud-based management system, Loglass. This collaboration aims to unify actual data with planning data, enabling companies to make rapid and accurate management decisions.

1. Background

Despite advancements in technology, many enterprises still rely heavily on spreadsheet software for budgeting and performance management. This dependence has resulted in substantial inefficiencies caused by labor-intensive data gathering, individual reliance, input errors, and convoluted verification tasks. A survey indicated that 77.2% of management planning professionals express dissatisfaction with their current processes, with 30% of companies taking over 10 business days monthly for performance management. The need for a streamlined solution is undeniable.

To tackle these challenges, SCSK formed this strategic partnership with Loglass, a company specializing in management accounting. The integration of PROACTIVE and Loglass facilitates the visibility of critical business information through AI, allowing businesses to expedite decision-making and move away from cumbersome Excel management.

2. Value Offered by SCSK and Loglass

Seamless Data Integration for Enhanced Decision Making

By consolidating budget data from different departments with the accounting data stored in PROACTIVE, the integration with Loglass allows for a fluid exchange of information. This will foster improved management decision-making capabilities.

• - Real-time Visibility into Business Conditions: With centralized data, diverse analyses on variances by department, service, or project can be conducted swiftly. For instance, if sales fall below projections, the cause can be identified immediately, allowing for timely interventions and actions.

• - Efficiency and Accuracy through Integrated Data: The connection between the ERP's actual data and planning data within Loglass eliminates redundant data entry and ensures decision-makers always have access to the latest information. This consolidation enhances the efficiency and precision of budgeting and performance management tasks.

• - Industry Best Practices Sharing: Insights gained from the collaboration can be leveraged to provide tailored recommendations for the IT and cloud sectors. By referencing successful case studies from other companies, organizations can optimize their management practices.

3. Future Developments

Looking ahead, SCSK and Loglass are committed to enhancing corporate decision-making. Opportunities for incorporating sales and HR performance data are being explored, which would enable businesses to perform unrestricted analysis based on both accounting and non-accounting data. Upcoming plans include offering knowledge that caters to industry-specific budgeting, forecasting, analysis, and reporting processes. Collaborative marketing activities, such as webinars and events, are also in the pipeline to strengthen partnerships.

Ryuta Sakamoto, a board member at Loglass, expressed excitement over the partnership, highlighting the growing need for advanced management capabilities in today's complex business environment. By joining forces with SCSK's PROACTIVE and the Loglass system, companies will be able to make more timely and accurate management decisions.

Masayuki Kikuchi, Executive Officer of PROACTIVE at SCSK, emphasized the dire necessity of management accounting in today's fast-paced world, advocating for its role as a strategic asset in supporting effective decision-making.

About PROACTIVE

PROACTIVE is a comprehensive digital offering service built by SCSK Group, featuring an AI-native ERP at its core. It encompasses various domains including accounting, HR payroll, and sales-production management to provide targeted solutions for diverse industry challenges. With over 7,300 companies benefitting from its implementation, PROACTIVE aims to achieve efficient operations and high-level decision-making.

About SCSK Corporation

SCSK Corporation offers a full range of IT services essential for business, from consulting and system development to IT infrastructure construction and business process outsourcing, while continuously pursuing collaborative solutions to tackle various industry challenges.

About Loglass Inc.

With the mission of 'Creating a Good Economy,' Loglass aims to pioneer a new approach to data-driven management through its digital transformation services, which include management control and investment management among others.

For inquiries regarding services or partnerships, SCSK Corporation can be contacted via telephone or email, as can Loglass for potential collaborative opportunities.