Bridge International Asia Sdn. Bhd. (based in Malaysia, President and CEO: Shingo Abe, hereinafter referred to as "Bridge International Asia"), which operates marketing support and IT services for Japanese companies expanding into ASEAN, has signed a sales agency agreement with Multibook Co., Ltd. (located in Shinagawa-ku, Tokyo, CEO: Manabu Watabe, hereinafter referred to as "our company"), which provides cloud-based accounting and ERP services called "multibook" for global companies, as well as BPO services known as "Overseas Cloud Accounting Department." We are pleased to announce that Bridge International Asia will adopt multibook as its accounting system.
In addition, we would like to announce the addition of "Overseas Cloud Accounting Department" as an accounting BPO service to the "Malaysia Expansion One-Stop Service" provided by Bridge International Asia, which offers comprehensive support from company establishment to sales expansion and back-office operations.
Bridge International Asia was established in 2014 as a local subsidiary in Malaysia. It is a comprehensive marketing company of MD Status (formerly known as MSC Status), providing overseas business consulting and various IT solutions. Leveraging specialized knowledge, experience, and the power of digital technology, Bridge International Asia provides support in a companion-style manner for the success of Japanese companies' overseas businesses, from overseas expansion to business development. Its business includes business consulting, digital marketing, business process outsourcing (BPO), cloud service sales, IoT solutions, software development, and more. URL: https://bridge-i.asia/
There are over 1,200 Japanese companies, including those in the manufacturing industry, that have established bases in Malaysia. In recent years, there has been an increase in the entry of service industries, with companies aiming to expand their sales channels. However, there is also a problem of a shortage of local talent at these local bases. Employees dispatched from the headquarters are burdened with various tasks, from sales promotion activities to subsidiary management, leaving little time for accounting tasks. Even when hiring accounting personnel locally, there are challenges in managing them effectively due to differences in employment practices.
In this regard, Bridge International Asia has adopted multibook as its in-house accounting system, which complies with Malaysian regulations. This system streamlines accounting bookkeeping and reporting tasks, enabling visualized management and faster processes. Additionally, Bridge International Asia will provide related services such as sales, implementation, and operation of multibook to Japanese-Malaysian companies. Furthermore, they will add the outsourcing service of accounting operations utilizing multibook, called "Overseas Cloud Accounting Department," to the lineup of "Malaysia Expansion One-Stop Service" provided by Bridge International Asia. This enables the provision of a full range of necessary services, from sales and marketing to back-office functions like accounting, all in one place for companies expanding into Malaysia.
Bridge International Asia, the operator of the community site "Malaysia Business CONNECTION," with over 1,900 registered business professionals in Malaysia, collaborates with experts possessing specialized knowledge and experience in various fields, as well as local Malaysian companies and organizations.
Utilizing this network, we offer one-stop back-office services necessary for the business expansion of Japanese companies venturing into Malaysia. We consolidate the contact points for back-office tasks such as Malaysian company registration, license acquisition, employment pass application, accounting services, payroll calculation, and attendance management. This allows companies to focus on their core operations.
Bridge International Asia will add the outsourcing service for accounting operations, utilizing multibook, called "Overseas Cloud Accounting Department," to the lineup of Malaysia Expansion One-Stop Service. Especially for companies that have just ventured into Malaysia, we offer a BPO Starter Plan to support the quick and cost-effective setup of accounting operations.
Service Name: "Overseas Cloud Accounting Department" BPO Starter Plan
Initial Setup Fee: RM3,400
Usage Fee: Monthly fee starting from RM1,500
Function Limitations: The BPO Starter Plan comes with limitations on the number of monthly journal entries and available functions.
multibook is a cloud-based accounting and ERP service that is ideal for managing overseas branches. It supports 12 languages* and multiple books, allowing for accounting tasks and currency conversions in different languages and currencies. It enables centralized management of multiple branches from the head office.
With implementation records in 31 countries and serving 400 companies across various industries such as manufacturing, trading, food and beverage, and construction, multibook caters to both listed and non-listed companies.
Service Name: multibook URL: https://www.multibook.jp/ Key Features: 12 language support*, accounting in various languages and currencies, fixed asset management, inventory management, expense settlement, consolidation accounting integration, etc.
*12 Supported Languages: Japanese, English, Thai, Vietnamese, Korean, Burmese, German, French, Spanish, Chinese (Traditional and Simplified), Indonesian
Company Name: Multibook Co., Ltd. Representative: Manabu Watabe, CEO Established: September 2000 Headquarters: 5th Floor, NMF Gotanda Ekimae Building, 1-1-8 Nishi-Gotanda, Shinagawa-ku, Tokyo, Japan Overseas Locations: Singapore, Thailand, Hong Kong, Netherlands Business: Planning, development, and provision of cloud-based accounting and ERP service "multibook," etc. URL: https://www.multibook.jp/