News

The GLASIAOUS Consortium, whose secretariat is Business Engineering Corporation (Chiyoda-ku, Tokyo, President and CEO: Masakazu Haneda, hereinafter referred to as "B-EN-G"), announced today that Money Forward, Inc. (Minato-ku, Tokyo, President and CEO: Yosuke Tsuji, hereinafter referred to as "Money Forward") has joined the consortium in order to strengthen accounting collaboration between its domestic headquarters and overseas bases.
Money Forward offers a wide range of services to streamline corporate back-office operations, including cloud accounting, payroll, expense reimbursement, and invoice management. By joining the consortium, the consortium will leverage Money Forward's ability to connect with third-party services to provide integrated business management support through system integration between domestic headquarters and overseas bases, in addition to accounting and tax support.

■Background
For Japanese companies expanding globally, integrating and managing management information between domestic headquarters and overseas subsidiaries is important for improving management transparency and speeding up decision-making. To achieve this, it would be ideal to use a unified system both domestically and internationally, but many companies use different accounting systems between their Japanese headquarters and overseas bases, and smooth data integration between these systems is required.
To solve this problem, the GLASIAOUS Consortium has welcomed Money Forward into the consortium and aims to strengthen collaboration with the cloud-based consolidated accounting system. This will enable the use of data from the daily business data of each branch managed by GLASIAOUS to the consolidated financial statements of the entire group conducted by Money Forward Cloud Consolidated Accounting, enabling effective and efficient global business management.

■About Money Forward, Inc.
Money Forward offers a wide range of cloud services for businesses under its mission of "Moving your money forward. Moving your life forward." In particular, Money Forward Cloud is an integrated cloud service that covers all back-office operations, including accounting, payroll, expenses, invoices, attendance, and My Number, and is widely used by businesses from small and medium-sized enterprises to large corporations. Joining the consortium will enable integrated support that combines GLASIAOUS's overseas accounting infrastructure with Money Forward's domestic accounting solutions.

■ Future developments
Through collaboration with Money Forward, the GLASIAOUS Consortium will strengthen its comprehensive support system for accounting and finance personnel of globally expanding companies through joint seminars and marketing activities related to overseas expansion.
In addition, we will promote functional integration between Money Forward Cloud series products, including Money Forward Cloud Consolidated Accounting, and GLASIAOUS, to seamlessly integrate management information from our domestic headquarters and overseas subsidiaries, thereby realizing more efficient business management across the entire group.

About GLASIAOUS
GLASIAOUS is a cloud-based international accounting and ERP service that meets the requirements of each country. It has been implemented by 1,700 companies in 36 countries and regions, and supports multiple languages, currencies, and standards, and is equipped with advanced AI to improve business efficiency. The GLASIAOUS Consortium (Secretariat: Business Engineering), which brings together accounting firms and IT companies from around the world, provides support for local issues that cannot be resolved by the system alone.
For more information about GLASIAOUS, please visit https://www.glasiaous.com​

■About Business Engineering Co., Ltd.
Business Engineering Corporation supports the digital transformation of customers, particularly in the manufacturing industry, through comprehensive IT services ranging from planning and implementation to operations. B-EN-G also develops and implements its proprietary package software "mcframe," and has a strong track record in ERP, supply chain management (SCM), and IoT-based solutions.With overseas subsidiaries in Shanghai (China), Bangkok (Thailand), Singapore, Jakarta (Indonesia), and Chicago (USA), B-EN-G provides localized support to Japanese companies expanding abroad, addressing their management challenges both in Japan and overseas.
For more information, please visit:https://www.b-en-g.co.jp/​

*Company names, product names, etc. mentioned in this news release are registered trademarks or trademarks of each company.