Castor signs basic agreement with Money Forward for capital and business alliance
*View in browser* *Caster*
Press release: April 1, 2024
**
Castor signs basic agreement with Money Forward for capital and business alliance
Caster Co., Ltd. (Head office: Nishi City, Miyazaki Prefecture, Representative Director)
As of April 1, 2024, Shota Nakagawa (hereinafter referred to as “Caster”) will be appointed as Money Forward Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director, President and CEO). We have decided to enter into a basic agreement for a capital and business alliance with Yosuke Tsuji (hereinafter referred to as “Money Forward”).
■ * Purpose of capital and business alliance*
Caster was founded in 2014 with the mission of “making remote work the norm.” In a society where the working population is decreasing, we believe that our mission is to eliminate the various “labor biases” associated with labor that have traditionally been perceived as “this is how work should be.”
By operating an organization with full remote work, Caster’s strength lies in its ability to recruit people with diverse skills not only from Japan but from all over the world, and directly employs over 800 remote workers at Tokyo-level wages. doing.
Money Forward is a SaaS service platform for businesses that links various back-office data and streamlines cumbersome tasks in accounting and human resources.
We continue to support DX by improving the efficiency of many companies’ back office operations.
By combining the strengths of both companies, we will conclude a basic agreement to address the shortage of human resources in the back office field due to the decline in the working population, which is expected to accelerate in the future. We have come to the decision.
■ * Details of capital and business alliance *
In preparation for the start of the business alliance, we will proceed with discussions on the following matters.
* 1. Expansion of business base by demonstrating the value of diverse human resources from around the world *
CASTER, the remote assistant service with the largest number of companies using it (*)
We will promote collaboration between Caster, which operates human resources businesses such as the “BIZ” series, and Money Forward, which supports DX promotion by developing various cloud services related to back offices.
In the various projects conducted by Money Forward, we aim to create synergy effects by expanding the business base of both companies by demonstrating the value of Caster, who can gather diverse human resources from all over the world without restrictions on time and place. Masu.
* 2. Expand customer base by strengthening DX support*
Caster and Money Forward will leverage their mutual customer base and build a collaborative relationship between the two companies to reach more client companies.
We will provide DX support services.
■ *Comments from both companies*
*Money Forward President and CEO Yosuke Tsuji*
Our company is “Money Forward”
Through the provision of “Cloud,” Castor is promoting the efficiency of back office operations using DX, and is working to promote diverse work styles and support companies facing a shortage of human resources, with a focus on remote work. .
We are confident that the services of both companies will play a major role in addressing the issue of labor shortage that Japanese society is facing.
By combining the various BPO services provided by Castor with the back-office cloud service provided by our company, we will further advance DX for small and medium-sized enterprises and accounting firms across Japan, leading to improved productivity and profitability. becomes possible. Through the efforts of both companies, we will continue to deliver services to more users and support all working people to move forward in their lives.
*Caster Representative Director Shota Nakagawa*
In order to realize our mission of making remote work the norm, we have been promoting DX of corporate back office operations.
We are very pleased to have begun discussions regarding a capital and business alliance with Money Forward.
We feel that the value that Money Forward has provided in promoting remote work and transforming companies into DX is tremendous. By combining remote workers with diverse skills who participate in Caster with the back office cloud service provided by Money Forward, we will provide a new solution to the human resource shortage that companies will increasingly face in the future and improve
productivity. We will continue to contribute to solving social issues related to “people” and “work styles” in Japan and around the world.
■ *About Money Forward*
Company name: Money Forward Co., Ltd.
Head office location: 3-1-21 Shibaura, Minato-ku, Tokyo msb Tamachi Tamachi Station Tower S 21F
Representative: Yosuke Tsuji, Representative Director, President and CEO Established: May 2012
Business content: Development and provision of PFM services and cloud services URL: https://corp.moneyforward.com/
■ *About casters*
Company name: Caster Co., Ltd.
Head office location: 11365-1 Shikanoda, Saito City, Miyazaki Prefecture, Kagura Sake Brewery, Agri-kan 2nd floor
Representative: Representative Director Shota Nakagawa
Established: September 2014
Business content: Human resources business management including remote assistants
URL: https://caster.co.jp
*In-house research comparing the number of companies introducing major domestic remote assistant services and online assistant services (February 2024)
*About details about this release*
https://prtimes.jp/main/html/rd/p/000000206.000012003.html
*Download press release materials*
https://prtimes.jp/im/action.php?run=html&page=releaseimage&company_id=12003&release_id=206