Fast Accounting(5588 TSE Growth)
+English Summary on This Page
Supporting accounting operations automation and efficiency by utilizing AI technology to process receipts and invoices
Utilizing AI Technology to Support Automation and Efficiency in Accounting Operations
Fast Accounting specializes in the AI solutions business of automating and streamlining corporate accounting operations. Fast Accounting processes receipts and invoices using AI technologies such as character recognition (AI-OCR) and natural language processing.
Its main customers are accounting software vendors and large companies with net sales of over 50 billion yen, and it provides AI solutions for accounting operations in the form of SaaS. Fast Accounting’s net sales consist of a monthly fee based on system usage and pay-as-you-go charges based on the amount of receipts and invoices processed. The net sales composition ratio for fiscal year ended December 2022 was 93.1% from monthly fees and 5.6% from pay-as-you-go charges, with stock-type sales accounting for the majority.
In the first half of fiscal year ending December 2023, 66% of its net sales were to large companies and 34% to accounting software vendors.
The company offers three services, 1) the Robota series, which is comprised of modular AI functions for reading receipts and invoices, reconciliation and accounting journal entries, 2) Remota, a platform for efficient and remote invoice processing and 3) Peppol access points for sending and receiving data for digital invoices.
Sales Channels
Sales channels include direct sales, where the company’s sales personnel engage in sales to large corporate customers, and partner sales are conducted through OEM partners and sales partners. OEM partners are accounting software vendors and RAKUS, which operates an expense management system, is one of the main partners. Sales partners include consulting firms and system integrators that have concluded resale agreements with the company to sell its systems to large companies. In fiscal year ended December 2022, net sales through partner sales, which is the sum of sales through OEM partners and sales through sales partners, accounted for approximately two-thirds of its overall sales.
Utilizing AI Technology to Support Automation and Efficiency in Accounting Operations
Fast Accounting specializes in the AI solutions business of automating and streamlining corporate accounting operations. Fast Accounting processes receipts and invoices using AI technologies such as character recognition (AI-OCR) and natural language processing.
Its main customers are accounting software vendors and large companies with net sales of over 50 billion yen, and it provides AI solutions for accounting operations in the form of SaaS. Fast Accounting’s net sales consist of a monthly fee based on system usage and pay-as-you-go charges based on the amount of receipts and invoices processed. The net sales composition ratio for fiscal year ended December 2022 was 93.1% from monthly fees and 5.6% from pay-as-you-go charges, with stock-type sales accounting for the majority.
In the first half of fiscal year ending December 2023, 66% of its net sales were to large companies and 34% to accounting software vendors.
The company offers three services, 1) the Robota series, which is comprised of modular AI functions for reading receipts and invoices, reconciliation and accounting journal entries, 2) Remota, a platform for efficient and remote invoice processing and 3) Peppol access points for sending and receiving data for digital invoices.
Sales Channels
Sales channels include direct sales, where the company’s sales personnel engage in sales to large corporate customers, and partner sales are conducted through OEM partners and sales partners. OEM partners are accounting software vendors and RAKUS, which operates an expense management system, is one of the main partners. Sales partners include consulting firms and system integrators that have concluded resale agreements with the company to sell its systems to large companies. In fiscal year ended December 2022, net sales through partner sales, which is the sum of sales through OEM partners and sales through sales partners, accounted for approximately two-thirds of its overall sales.
概要(レポートから抜粋)
ファーストアカウンティングは、AI-OCRによる文字読み取りや自然言語処理等のAI技術を活用して領収書や請求書の処理を行い、企業の経理業務を自動化、効率化する、AIソリューション事業(経理AI事業)を展開している。
主要顧客は会計ソフトウェアベンダーと売上高500億円以上の大企業であり、経理業務のAIソリューションをSaaS形態で提供している。
売上高はシステム利用の月額課金と領収書や請求書の処理量に応じた従量課金からなる。
22/12期の売上高構成比は、月額課金が93.1%、従量課金が5.6%で、ストック型売上が太宗を占めている。
23/12期第2四半期累計期間の売上高では、大企業向けが66%、会計ソフトウェアベンダー向けが34%を占めた。
ファーストアカウンティングはAIソリューション事業(経理AI事業)の単一セグメントであるが、
①領収書や請求書の読み取りや、照合、勘定仕訳等の機能別AIモジュールであるRobota(ロボタ)シリーズ
②請求書処理業務の効率化・リモート化を実現するプラットフォームのRemota(リモタ)
③デジタルインボイスの送受信を行うPeppol(ペポル)アクセスポイント
以上の3つのサービスを提供している。
主要顧客は会計ソフトウェアベンダーと売上高500億円以上の大企業であり、経理業務のAIソリューションをSaaS形態で提供している。
売上高はシステム利用の月額課金と領収書や請求書の処理量に応じた従量課金からなる。
22/12期の売上高構成比は、月額課金が93.1%、従量課金が5.6%で、ストック型売上が太宗を占めている。
23/12期第2四半期累計期間の売上高では、大企業向けが66%、会計ソフトウェアベンダー向けが34%を占めた。
ファーストアカウンティングはAIソリューション事業(経理AI事業)の単一セグメントであるが、
①領収書や請求書の読み取りや、照合、勘定仕訳等の機能別AIモジュールであるRobota(ロボタ)シリーズ
②請求書処理業務の効率化・リモート化を実現するプラットフォームのRemota(リモタ)
③デジタルインボイスの送受信を行うPeppol(ペポル)アクセスポイント
以上の3つのサービスを提供している。