Infomart Launches New Features for Construction Industry Efficiency

Infomart's New Features:

Infomart, a Tokyo-based company dedicated to enhancing business operations through digital solutions, has announced the launch of two pivotal features—‘Performance Assessment’ and ‘Accounting Data Mapping’—on its popular BtoB platform, TRADE. These features aim to streamline processes within the construction industry, ultimately reducing the administrative burden related to invoicing and data management.

Enhancing Efficiency with Performance Assessment

With the ‘Performance Assessment’ feature, client companies can evaluate the quantity and monetary value of performance reports submitted by their contracted firms through an intuitive interface. This doesn't only facilitate verification but simplifies the invoicing process as well. Once the report is approved, the receiving party can automatically generate invoices without any additional input, significantly conserving time and resources.

Also, contractors benefit from this streamlined process; the capability to adjust withheld amounts beforehand ensures that the invoicing reflects the accurate payment sums—eliminating the need for subsequent notifications regarding payment amounts.

Seamless Integration with Accounting Data Mapping

The ‘Accounting Data Mapping’ function addresses a long-standing challenge in the construction sector regarding the compatibility of various accounting and cost management systems. With this new feature, users can easily import mapping information based on their accounting systems. By choosing a designated system or uploading a customized CSV file, users can map the TRADE platform's data fields to their specific accounting structures. Consequently, this integration allows seamless transitions of billing data between systems, negating the need for manual entry or file adjustments—a common pain point in the industry.

Response to Industry Needs

The introduction of these features is a direct response to the unique challenges faced by businesses in the construction sector. Historically, users encountered discrepancies in performance reports that necessitated time-consuming verifications via phone or email. This inefficiency has often been a significant barrier to operational effectiveness.

By addressing these issues head-on, Infomart reaffirms its commitment to digital enhancement within the industry, hoping to significantly lessen the load of administrative tasks associated with invoicing and boost overall efficiency.

Background of BtoB Platform TRADE

Infomart's TRADE platform digitizes essential inter-business transactions and operations, such as estimating, ordering, receiving, delivery, acceptance, and inspection, all managed conveniently in the cloud. With a strong presence in the construction sector, the platform continues evolving to meet customer needs. The anticipated release of an invoicing feature in April 2025 marks a significant milestone in offering tailored solutions for contractors.

With the ongoing development of these tools, Infomart strives to further enhance the ease and efficiency of back-office operations for construction businesses. The ‘Performance Assessment’ and ‘Accounting Data Mapping’ functionalities not only streamline processes but also promote broader digital transformation within the industry.

Future Plans

Infomart remains dedicated to innovating its services based on client needs. The launch of these new features represents just the beginning of their efforts to digitize and optimize business processes in various sectors. As they continue to refine their platform, the overarching goal remains clear: to empower their clients through enhanced productivity and reduced operational overhead.

For further information on these innovations and how they can benefit your business, visit the BtoB Platform TRADE website.

About Infomart

Founded in 1998, Infomart has since revolutionized how inter-business transactions, including invoicing and purchasing processes, are conducted. With its flagship BtoB platform utilized by over 1.2 million companies and an annual transaction total exceeding 62 trillion yen, Infomart continues to pave the way for collaborative business solutions. For more details about Infomart, visit Infomart's corporate site.