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23 companies in the Seibu group introduced invoiceAgent TransPrint for the electronic receipt of invoices

Reform of accounting operations to deliver digital management

WingArc1st Inc.

WingArc1st is pleased to announce that Seibu group, which is working on achieving digital management, has introduced invoiceAgent TransPrint for the electronic receipt of invoices. invoiceAgent TransPrint is a cloud service that digitizes documents and facilitates the digitization of transactions. Currently, 23 companies in the Seibu group have started using the service to improve productivity through paperless accounting operations and optimization of business processes.



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Background
The Seibu Group outlined its vision for post-Coronavirus society in its medium-term management plan in May 2021, and is working to deliver digital management. Receiving invoices in paper form involved lead time from issuance and mailing to receiving them in hand, as well as the time and effort of storage. During the renewal of its accounting system (ERP), Seibu was considering a solution that would promote the digitization of invoices without placing a burden on its business partners as well as promote a paperless environment. Therefore, Seibu decided to introduce "invoiceAgent TransPrint" and started using it in its group companies in December 2021.

The key capabilities underpinning Seibu group's decision were:
・Digitizing, delivering and receiving invoices online without any modification to existing systems.
・Electronic transaction service that is compliant with the Electronic Book Preservation Act.
・Smooth integration with the Biz∫ ERP package

Effects of introduction
Following the introduction of invoiceAgent TransPrint, suppliers can easily issue and upload invoices as PDFs, reducing the time and effort required to print, enclose, and mail conventional invoices. In addition, invoices sent by suppliers can be tied as attachments to accounting slips generated by NTT DATA BizIntegral Corporation's Biz∫, making it possible to manage them, thereby promoting paperless operations and improving business productivity. As of April 2022, there are 23 group companies that can use invoiceAgent TransPrint, and Seibu is planning to expand it to 40 companies. To further promote digitization, in February 2022, Seibu also began operating a system for exchanging invoices among group companies using invoiceAgent Documents.

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■ Use case
https://www.wingarc.com/product/usecase/596.html (Japanese)

This use case will be introduced at updata DX 2022 as below:

Date/time: 14 October 14:00 to 14:30 JST

Registration: visit our site at https://www.wingarc.com/updata/2022 (Japanese)

■ SEIBU HOLDINGS INC.
Established: February 2006
Location: Toshima-ku, Tokyo, Japan
Business overview: The Seibu group operates a variety of businesses to support customers in every aspect of their lives, including an urban transportation and rail line business centered on Seibu Railway, which operates 12 lines in northwestern Tokyo and southwestern Saitama Prefecture; a hotel and leisure business, which operates one of the largest hotel chains in Japan under the Prince brand; and a real estate business, which operates commercial facilities and rental offices along Seibu Railway lines and in other areas. Seibu group also operates commercial facilities and rental offices along Seibu Railway lines and in other areas. In addition, the company owns an abundant real estate portfolio of more than 136 million m2 nationwide, including 460,000 m2 in the 23 wards of Tokyo, and is realizing the earnings potential of its assets, including Tokyo Garden Terrace Kioicho, which opened in July 2016, DIAGATE Ikebukuro, which opened in April 2019, and development around Tokorozawa Station.

https://www.seibuholdings.co.jp/ (Japanese)

Contact on Products and Services:
WingArc1st Inc.
Roppongi Grand Tower, 3-2-1 Roppongi, Minato-ku, Tokyo106-0032, Japan
TEL : 81-3-5962-7300
FAX : 81-3-5962-7301
E-mail :

*Company names and products names enlisted in this Press Release are trademarks or registered trademarks of each company.