Persol Business Process Design and Rakus Join Forces to Address Workforce Shortages in Accounting

Strategic Partnership to Tackle Workforce Shortages

Persol Business Process Design, a key player under the Persol Group, has recently announced a strategic collaboration with Rakus, aimed at addressing the persistent issue of workforce shortages in the accounting sector. As Japan faces a decaying labor population due to its aging society and declining birth rates, it is predicted that by 2035, there will be a significant 17.75 million hours of labor deficit daily. This information, derived from studies by the Persol Research Institute and Chuo University, emphasizes the dire need for innovative solutions to counterbalance these demographic challenges.

The Need for Digital Transformation in Accounting

Given these societal constraints, companies in Japan are more than ever obliged to adopt digital transformation (DX) solutions to increase productivity within their operations. Particularly in administrative functions like accounting and HR, businesses are confronting difficulties such as a shortage of personnel and the maintenance of outdated, paper-based processes. In rural areas of Japan specifically, the phenomena of population outflow and recruitment difficulties are exacerbating the workforce shortages that directly affect corporate success.

Adopting SaaS tools has been indicated as an effective approach for resolving these shortcomings; however, implementation can fall short if the complexities of existing operations and staffing frameworks are not also addressed. Companies need not only to introduce SaaS tools but also to reassess their operational processes to gain holistic support and improvement in productivity.

Leveraging Expertise for Improved Productivity

Persol Business Process Design has a strong pedigree in providing Business Process Outsourcing (BPO) services, mainly aimed at larger companies. On the other hand, Rakus specializes in SOLUTIONS for small and medium-sized enterprises (SMEs) and has made strides in encouraging DX through its innovative services like the