Developed with careful consideration of the functions necessary for consolidated financial statements! Flexibly responding to changes in regulations.
We would like to introduce a case study of the implementation of "BizForecast" at Harmonic Drive Systems, Inc. The company had already implemented a consolidated accounting system from another vendor, but it was difficult for the system to respond appropriately and in a timely manner to various environmental changes such as regulatory reforms and the establishment of subsidiaries, leading to challenges in the consolidated financial closing process. After the implementation, the process of preparing the consolidated cash flow statement became very efficient, achieving a reduction of two days in labor hours. [Challenges] - Difficulty in the system responding appropriately and in a timely manner - The consolidated statement of comprehensive income and the consolidated cash flow statement required a lot of manual work, resulting in more labor hours than anticipated *For more details, please download the PDF or feel free to contact us.
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【Implementation Effects】 ■ The preparation of the consolidated cash flow statement has become very efficient. ■ Significant efficiency improvements in the consolidated closing process and elimination of reliance on specific individuals. ■ The system can flexibly respond to regulatory changes. *For more details, please download the PDF or feel free to contact us.
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For more details, please download the PDF or feel free to contact us.
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In the field of "management control," traditional systems designed with the assumption of standardized operations often do not fit well due to reasons such as the susceptibility of operations and metrics to changes in the external environment and management policies, and the significant involvement of human judgment in business processes. Since its founding, Primal has aimed to provide management control systems, which are often perceived as high-threshold, as easy-to-use tools similar to calculators or Excel, while being secure, robust, and highly flexible to adapt to changes. We have continued our efforts to make these tools more accessible for many companies. Moving forward, we will strive to improve the accuracy of performance forecasting through the use of AI (artificial intelligence), provide development platform services specialized in the development and construction of business applications for management control purposes, and accelerate our overseas operations.