Trabox Launches 'Finto Invoice Management': Streamlining Invoicing and Reconciliation

Trabox, Inc. (hereinafter 'Trabox') has begun offering 'Finto Invoice Management,' a service that utilizes the 'BaaS byGMO Aozora' and virtual accounts provided by GMO Aozora Net Bank, Ltd. to centralize the issuance of invoices, payment reconciliation, and integration with accounting software.

Following the implementation of Japan's Invoice System and the Electronic Book Preservation Act, the demand for digitized invoicing has surged. However, for growing companies with limited resources, accounting tasks like payment reconciliation often act as a bottleneck. To address these challenges, Finto Invoice Management is available with zero initial and monthly subscription fees.

Key Features: 1. End-to-End Accounting: Manages invoice creation, approval workflows, email/postal distribution, and CSV export for accounting software within a single system. 2. Automatic Reconciliation: Assigns virtual accounts to each business partner to automatically reconcile payments, even with variations in transfer names, reducing month-end manual tasks by up to 94%. 3. Real-time Status Tracking: Tracks payment status in real-time, providing automatic alerts for overdue invoices to support agile cash flow management.

Usage of this feature requires a separate application for a 'Finto Branch' account at GMO Aozora Net Bank.