VERIPATH Corporation Introduces 'Seikyu Kanri Robo', Achieving Full Automation from Invoice Issuance to Reminder Notifications

ROBOT PAYMENT Inc. (Headquarters: Shibuya-ku, Tokyo; Representative Director, President & CEO: Kenya Kiyohisa; Stock Code: 4374; hereinafter referred to as 'Our Company'), which facilitates smooth cash flow and promotes the creation of new value, is pleased to announce that its billing and accounts receivable management system, 'Seikyu Kanri Robo' (Billing Management Robot), has been adopted by VERIPATH Inc. (hereinafter referred to as 'VERIPATH'), which provides the facial recognition-based pick-up automation system 'KIDSCALL' for childcare facilities.

Billing and Accounts Receivable Management System 'Seikyu Kanri Robo'

'Seikyu Kanri Robo' is a service that reduces billing operational load by approximately 80% by adding payment and accounts receivable management to invoice issuance. It automates all billing operations and accounts receivable management, such as billing, collection, reconciliation, and reminders, which were previously done manually, thereby reducing the workload and credit risk for accounting departments. It offers a wide range of payment methods with low fees, including credit card payments, bank transfers, and direct debits, enhancing corporate competitiveness by supporting rapid increases in customer numbers and billing volumes.

Seikyu Kanri Robo: https://www.robotpayment.co.jp/service/mikata/

Seikyu Kanri Robo for Salesforce: https://www.robotpayment.co.jp/lan/keiri_main/appexchange_mov/

Background and Objectives for Adopting 'Seikyu Kanri Robo'

VERIPATH offers solutions for childcare facilities that simultaneously achieve 'child safety (crime prevention)' and 'reduction of administrative burden on childcare staff (work reduction)'. Currently, the company operates with a small, elite team, and there were concerns that the 'growing pains' of the back office due to rapid business expansion could become a bottleneck for business growth.

• Occurrence of duplicate management: Time and effort involved in data linkage between accounting software and Excel.

• Complication of uncollected account management: Due to the increase in cases, the psychological and time burdens of missing payment reconciliations and re-billing operations.

To prevent these issues and establish a system that allows them to concentrate on their core business, they decided to implement 'Seikyu Kanri Robo'.

In particular, they appreciated the system's ability to automate the entire billing management process.

1. One-stop automation from 'invoice creation to payment reconciliation': Not only invoice creation and sending, but also payment, and payment reconciliation are completed within a single system.

2. Flexible allocation of payment methods: 'Bank transfer' for initial installation fees and 'direct debit' for monthly fees can be centrally managed within the same system, allowing for the grasp of the situation on a single management screen even if the payment routes differ.

3. Data linkage and elimination of duplicate management: Reduces the effort required for integration with external systems, and de...