{"id":1616,"date":"2015-10-08T18:40:06","date_gmt":"2015-10-08T09:40:06","guid":{"rendered":"http:\/\/116.80.15.199\/app-def\/S-102\/?page_id=1616"},"modified":"2022-01-28T16:01:59","modified_gmt":"2022-01-28T07:01:59","slug":"soverseas_markets","status":"publish","type":"page","link":"http:\/\/116.80.15.199\/app-def\/S-102\/en\/plaza-i\/soverseas_markets\/","title":{"rendered":"Japanese companies expanding your business overseas"},"content":{"rendered":"


\nPlaza-i is highly valued by Japanese companies expanding their businesses overseas, supporting bilingual and local currency functions in accounting as well as in sales-related operations.<\/strong><\/p>\n

Even when the Japan side does actual operations, Plaza-i will output English reports and financial statements in local currency.
\nIf you are thinking of overseas expansion, it is essential for your system to support bilingual and base\/foreign\/multi-currency functions.<\/p>\n

Characteristics of challenges among companies expanding their businesses overseas<\/h3>\n

When you choose a system, you will face the following challenges:<\/p>\n

Common challenges<\/h5>\n
    \n
      \n
        \n
      • It is difficult to carry out and manage a unified process among foreign offices and affiliated companies.<\/strong><\/li>\n
      • Non-Japanese-speaking local staff cannot use the current system in a Japan office since it supports Japanese only.<\/strong><\/li>\n
      • The Japan side keeps accounts since only sales personnel is assigned overseas.<\/strong>
        \nEach office uses its own currency and they must keep accounts in English. Having no suitable software, they use Excel files, but it is very time-consuming and easy to make mistakes.
        \nIt is troublesome when staff take over the duties of others.<\/li>\n<\/ul>\n<\/ul>\n<\/ul>\n
        In case of locally-made accounting system<\/h5>\n
          \n
            \n
          • Consolidation process is not supported.<\/strong>
            \nlocally-made system is good enough for the purpose of processing individual accounting processes; however, the consolidation process is necessary for a consolidation object company and the Japan side must dedicate their time to perform consolidation adjustments for financial statements reported by the local accounting standard.<\/li>\n
          • Prompt and accurate analysis is not possible by Japanese staff since only the local language is supported in most cases.<\/strong><\/li>\n<\/ul>\n<\/ul>\n
            If your overseas location uses a system that is used at headquarters:<\/h5>\n
              \n
            • Accounting process for subsidiaries is not supported<\/strong>
              \nSince the system is not equipped with bilingual or multi-currency functions, it cannot support accounting processes required for overseas subsidiaries.<\/li>\n<\/ul>\n

              What is possible with Plaza-i?<\/h3>\n
              \n
              Supporting bilingualism and multi-currency as standard functions, Plaza-i performs consolidating processes and is a good match for foreign subsidiaries.In addition to simple use in foreign countries, remote access is possible from overseas locations to the server in Japan.<\/h5>\n
              \"cht_overseas_eng\"<\/div>\n
                \n
                  \n
                • Plaza-i secures a system where headquarters in Japan is able to check processes in foreign subsidiaries and affiliated companies in details.<\/li>\n
                • Providing the functions of Excel acceptance and Ledger style entry, Plaza-i makes operations efficient; the Japan side handles bookkeeping by accepting an Excel file of cash and bank account books of local locations.<\/li>\n<\/ul>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

                  Plaza-i is highly valued by Japanese companies expanding their businesses overseas, supporting bilingual and l […]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":1595,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"page-en_product.php","meta":{"protect_children":false},"_links":{"self":[{"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/pages\/1616"}],"collection":[{"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/comments?post=1616"}],"version-history":[{"count":4,"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/pages\/1616\/revisions"}],"predecessor-version":[{"id":1743,"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/pages\/1616\/revisions\/1743"}],"up":[{"embeddable":true,"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/pages\/1595"}],"wp:attachment":[{"href":"http:\/\/116.80.15.199\/app-def\/S-102\/wp-json\/wp\/v2\/media?parent=1616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}