OBC announced that it is working with Aichi Bank to support the rollout of Arch Bridge, a corporate payments platform that centrally manages the process from invoice receipt through payment.
OBIC BUSINESS CONSULTANTS CO.,LTD. (OBC) announced a collaboration with Aichi Bank to promote DX among local small and medium-sized businesses. Through the collaboration, the two companies will jointly support the rollout of Arch Bridge.
Arch Bridge is a corporate payments platform that centrally manages the process from invoice receipt through payment and settlement. It links invoice receipt, accounts payable management, payment management and internet banking functions to promote the digitalisation of accounting operations.
Through ongoing support drawing on their respective strengths as financial institutions, the two companies will assist with compliance with the qualified invoice system and the Electronic Book Preservation Act, as well as challenges such as labour shortages, strengthening support for DX initiatives. The introduction of Arch Bridge is expected to facilitate the automatic generation and integration of invoice data, reducing the operational burden.