Bank and Credit Data Import Function for Client Companies
First written in FY2016-Q3. 3 of 5 entries say "Advanced", first in FY2016. Latest entry: FY2018-Q1.
No other company in this theme has enough history to compare yet.
- FY2018-Q1RestatedAnnual report
「The “Bank and Credit Data Import Function” is an FX Series function that automatically receives transaction data from the internet banking services and other platforms of more than 99% of financial institutions for corporate accounts (*) and statements from major credit cards, enabling users to post accurate journal entries easily based on preset journal-entry rules.」
The Company has continued to promote the function's automatic receipt of transaction data from more than 99% of financial institutions and related entities, as well as the reduction of effort required for journal entries. - FY2017-Q2AdvancedAnnual report
「As a result of these activities, the number of companies using this function reached approximately 12,000 as of 31 March 2017. In addition, to further improve the convenience of the function, the Company is working toward API connectivity with The Bank of Tokyo-Mitsubishi UFJ and Joyo Bank.」
The number of user companies increased from approximately 11,000 at the previous update to approximately 12,000, and the Company is also working on API connectivity with banks. - FY2017-Q1AdvancedAnnual report
「As a result of these activities, the number of companies using this function reached approximately 11,000 as of 31 December 2016.」
The number of companies using the Bank and Credit Data Import Function increased from approximately 6,000 at the previous update to approximately 11,000. Coverage remained above 99% of financial institutions. - FY2016AdvancedAnnual report
「The service receives transaction data from more than 99% of financial institutions nationwide for corporate accounts and from major credit companies, enabling users to post journal entries easily and accurately based on preset journal-entry rules.」
The service was said to cover more than 99% of financial institutions, and the number of user companies reached approximately 6,000 as of 30 September 2016. - FY2016-Q3First statedAnnual report
「As part of enhancements to the FX Series, the Company began offering the FinTech service “Bank and Credit Data Import Function” to client companies of TKC members from 1 June. The service receives transaction data from 97% of banks nationwide for corporate accounts and from major credit companies, enabling users to post journal entries easily and accurately based on preset journal-entry rules.」
The Company cited its finding that bank transactions account for approximately 40% of journal entries and positioned the service as a means of streamlining accounting work and promoting self-accounting.