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　(Head Office: Chiyoda-ku, Tokyo; CEO: Osamu Hata; hereafter "WAP") announced today that it will establish a new Digital Nippon Promotion Div. on March 1 as part of its new digitalization promotion efforts. WAP aims to promote the digitization of all business-to-business transactions and to create more surprises, excitement, and excitement than ever before with its technology, Products / Services, and services for all stakeholders, including major corporate clients and their customers.

Background of the Establishment of the Digital Society Promotion Division

　Driven by the Corona disaster, the spread of telework, the revision of the Electronic Bookkeeping Law, and the introduction of the invoice system, it is predicted that the penetration rate of cloud invoice receipt will exceed 11% by 2024, and by 2027, the penetration rate will approach nearly 50%.

　In order to promote the digitalization of Japanese companies, it is essential to review the business process itself on the premise of digitalization, and WAP, as the executive committee of the Digital Invoice Promotion Council, will support the promotion of digital invoicing by working on the utilization and spread of Peppol-based standard specification digital invoicing. The spread of Digital Invoice will help to promote the use and spread of Peppol-based standardized digital invoice. The spread of digital invoicing is not only expected to complete billing and payment in a digitalized process, but also to promote the digitalization of contracts and order placement and receipt, which are processes that precede the digitalization of invoicing and payment, thereby promoting the "digitalization of all business transactions.

Role of the Digital Society Promotion Division

　Through the newly established Digital Society Promotion Division, WAP will promote the digitization of business-to-business transactions and, by extension, the digitization of society by making maximum use of its knowledge and network cultivated through the provision of packaged software Products / Services to major corporations, and by proposing solutions that contribute to business improvement through digitization for our customers. HUE will promote the digitization of business-to-business transactions and, by extension, the digitization of society. Specifically, we aim to contribute to the expansion of the market and accelerate our business by promoting business process reengineering, including HUE Digital Invoice and related billing and receiving agency services.

About HUE Digital Invoice

　HUE Digital Invoice enables not only sending and receiving digital invoices, but also easily converting paper invoices and PDF files received by mail or e-mail into data through the receiving agent service. This allows you to digitize invoices, regardless of the form of receipt, and achieve a paperless environment without placing a burden on your business partners.
　In addition, a payment request workflow function is also built in, allowing the paper-based approval process to be carried out in the cloud. Received invoice data is automatically posted to the payment request application form, and can also be copied from past payment request data. The input form displays the invoice image and information input screen on a single screen, facilitating smooth operation.
　In addition, users can upload their own invoices to the system and digitize them to accommodate clients who are unable to change the invoice recipient or delivery method. This allows for both flexible and paperless handling of invoices, thereby improving operational efficiency.

HUE Digital Invoice Product Page

About Works Applications

Works Applications was founded in 1996 as an ERP package vendor in Japan. With innovative solutions such as no-customization and free version upgrades, we have supported the growth of our customers, mainly major Japanese companies. Believing in the potential of each individual, we aim to be a "growth engine" that maximizes the value of companies and individuals, and we will continue our pursuit of turning "work" into "creation" and making "work" fun.

*Company names, product names and service names are trademarks or registered trademarks of their respective companies.
*The information in this release is current as of the date of publication, and is subject to change or withdrawal without notice. Please be aware that the forecasts and other forward-looking information in this release are based on uncertainties and may differ from actual results.