News

Business Engineering Corporation (Chiyoda-ku, Tokyo, CEO: Masakazu Haneda, hereinafter "B-EN-G") is pleased to announce that FreakOut Holdings, Inc. (hereinafter "FreakOut") has implemented the cloud-based international accounting and ERP service "GLASIAOUS" to standardize accounting operations at 10 locations in the Asia-Pacific region. By implementing this system, FreakOut was able to unify the accounting systems that were different at each location, improving the accuracy of financial statements and accelerating monthly settlement. An implementation case study article has been published on the following website.
An implementation case study article has been published on the following website.
https://www.glasiaous.com/cases/detail/895/

■ Background of introduction
FreakOut's core business is the advertising sector, but the company also develops a wide range of products to promote corporate marketing activities and business both domestically and overseas, with multiple bases in the Asia-Pacific region, particularly in Singapore, Thailand, Indonesia, and Taiwan. However, each base operates a different accounting system, and the accuracy of the financial statements submitted to the head office varies, increasing the workload of monthly accounting. In addition, because the back office staff at each base is small, there is a risk that operations will be delayed when the person in charge is absent. To solve these problems, standardization of business processes was urgently needed.

■Reasons for choosing GLASIAOUS

FreakOut aimed to standardize operations by unifying accounting systems across the Asia-Pacific region, and after comparing multiple products, selected GLASIAOUS for the following reasons:

• Unified international accounting with multilingual, multicurrency and multistandard support

• Chat function automatically translates into multiple languages for smooth global communication

• Feasibility of standardizing and consolidating operations based on track record in the Asian region

In particular, the function that automatically translates from Japanese to multiple languages was recognized as making a significant contribution to the standardization of global operations.

■Introduction effects

By introducing GLASIAOUS to 10 locations and standardizing accounting operations, the following benefits were achieved:

• [Improved accuracy] The accuracy of financial statements from each location has improved, laying the foundation for strengthening management accounting

• [Accelerated settlement of accounts] The monthly closing period has been shortened from approximately 10 business days to 6 business days. Achieving efficient and accelerated settlement processing

• [Strengthening the system] Successfully eliminated dependency on individuals at small bases and established a backup system

• [Cost reduction] Reduce outsourcing costs at small bases by consolidating operations at Malaysian base

■Customer comments
The introduction of GLASIAOUS was a major turning point in our project to standardize accounting operations in the Asia-Pacific region. We were extremely encouraged by the support of B-EN-G, who worked closely with our local staff to advance the project, from informing them of the underlying concepts behind why standardization of operations was necessary. Currently, even bases with few staff handling back-office operations no longer need to outsource to accounting firms, and we aim to further consolidate operations and achieve speedier management in the future.

About GLASIAOUS
GLASIAOUS is a cloud-based international accounting and ERP service based on Microsoft Azure. It is based on "mcframe GA" and has been introduced to over 1,600 companies in 33 countries and regions. It supports multiple languages, currencies, and standards, and can be used for a wide range of purposes from bookkeeping to group management. In addition, we have formed the "GLASIAOUS Consortium" (Secretariat: Business Engineering), which brings together accounting firms and IT companies from all over the world, to provide support for local issues that cannot be solved by the system alone.
https://www.glasiaous.com Please see.
* Microsoft and Azure are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.

■About Business Engineering Corporation
Business Engineering uses IT to support the digital transformation of customers, mainly in the manufacturing industry. We have a strong track record in consulting and support services ranging from IT planning to system construction, implementation, and operation, as well as the sale and implementation of our in-house developed package software "mcframe." We also use data accumulated in core business systems (ERP), supply chains (SCM), IoT, etc. to help with system sophistication and kaizen activities. We have five overseas subsidiaries in China (Shanghai), Thailand (Bangkok), Singapore, Indonesia (Jakarta), and the United States (Chicago), and we provide products and services to companies expanding overseas while supporting them both in Japan and locally, helping them solve their management issues.
For more information about Business Engineering Corporation https://www.b-en-g.co.jp/ Please see.

*Company names, product names, etc. mentioned in this press release are registered trademarks or trademarks of the respective companies.