2024.11.25

Events and Seminars

[Report from a presentation in Wakayama Prefecture] Accounting firms' vision for the future of generative AI. [Seminar co-hosted with Nishioka Accounting Office, an adopter company]

Hello. I am Chaen, CEO of Digirise Co., Ltd. Recently, with the cooperation of Nishioka Accounting Office, the largest accounting firm in Wakayama, we held a seminar on the use of generative AI at the Hotel Granvia Wakayama in Wakayama City. Many local companies gathered at the venue, and we had a lively discussion about the potential for business innovation brought about by generative AI.

Initiative with Nishioka Accounting Office

This seminar was held in collaboration with Nishioka CPA Office, which is actively working on the use of AI. Nishioka CPA Office is already using AI in a variety of situations:

  • Analysis and explanation of tax reform materials for clients
  • Building a chatbot to automate tax-related questions and answers
  • Improving the efficiency of creating meeting minutes
  • Analysis and visualization of accounting data

Particularly impressive was their initiative to use AI to organize complex information such as tax reforms and explain it to clients in an easy-to-understand way. They have put into practice flexible use of AI, such as having it explain specialized content in a way that even elementary school students can understand.

Business transformation brought about by generative AI revolution

Why Generative AI Now?

ChatGPT gained 100 million users in just two months after its release, and is now a global service used by over 200 million people. Its corporate value is approximately 15 trillion yen, comparable in size to Toyota and SoftBank.

https://newspicks.com/news/8104418/body/

Of particular note are:

  • 92% of Fortune 500 companies are already using AI
  • On the other hand, the adoption rate of listed companies in Japan is only 10%
  • The adoption rate of TP3T among small and medium-sized enterprises is about 1-21

Specific use cases and results

The results from real-world implementations are astounding:

1. Numerical results of business efficiency improvement

  • Approximately 27 hours reduction in work hours per person per month
  • Reduced labor hours by 1.07 million hours across the group
  • More efficient meeting-related tasks than 90%

2. Practical use cases

  • Automate email creation (created in seconds from templates)
  • Full automation of meeting minutes creation (in conjunction with voice recognition)
  • Automatic generation of financial analysis reports
  • Contract review and amendment suggestions
  • Automated creation and optimization of Excel functions

3.Business benefits

  • Advantages in recruiting (80% of young talent want to work for companies that utilize AI)
  • Improve employee job satisfaction
  • Time shift to strategic work

Implementation steps for success

Here are some key points for success that we have learned from supporting many businesses:

1. Organization-wide initiative

  • Management Commitment
  • Clear vision and goal setting
  • Cross-departmental promotion system

2. Step-by-step human resource development

Employee AI literacy consists of the following components:

  • Ability to understand and use AI tools
  • Ability to analyze and improve existing business processes
  • Prompt Engineering Skills

3. Ongoing support system

  • Regular sharing of case studies
  • Establishment of AI utilization promotion team
  • Linkage with the evaluation system

After the seminar: Thoughts from CEO Chaen

Through this seminar, we were able to see the challenges and possibilities of using AI that are unique to regional cities.

Current issues

  • AI use at the individual level will remain at around 10-30%
  • When it comes to company-wide implementation, the level is even lower at just %.
  • Especially in rural areas, there is a lack of information about AI and specific know-how on how to use it.

Possibilities only possible in rural areas

What was particularly striking was the fact that the need for AI is greater in areas outside of Tokyo. The reasons for this are:

  • Serious labor shortage
  • The need for increased productivity
  • Urgent need for local businesses to strengthen their competitiveness

Companies in rural areas face even more challenges than those in urban areas when it comes to securing human resources. For this reason, using AI to improve business efficiency is not just a trend, but is seen as an important strategy for business continuity.

Future outlook

It was heartening to see a core company in the region like Nishioka Accounting Office proactively promoting the use of AI. What is needed is:

  • Providing appropriate services tailored to local characteristics
  • A curriculum to support gradual implementation
  • Ongoing support system

We at Digirise would like to continue supporting the use of AI while paying close attention to the needs of each region. Improving productivity is an important element of regional revitalization. Through this seminar, I was once again convinced that AI can be a major force in this regard.

Digirise provides full support for business transformation using AI

Digirise offers a comprehensive AI talent development program called "Corporate Reskilling™" and a ChatGPT-based "AI Works" specialized for businesses. In just a few months since the service began, it has been used by over 150 companies and over 15,000 people nationwide, including listed companies such as GMO Internet Group, DENSO, and KOKUYO.

The features of our service are:

  • A practical training program that combines video learning and workshops
  • Providing "AI Works" to meet the security needs of companies
  • Support for introduction of IT using subsidies and grants
  • We also handle contract development of AI systems

In particular, the implementation support that utilizes subsidies and grants has been well received by many companies. This makes it possible to incorporate the latest AI technology into your business while keeping initial investments down.

We also undertake contract development of AI systems, and provide comprehensive support for companies' use of AI, from training to implementation. We provide one-stop support, from developing AI talent to using it in actual business operations.

Please feel free to contact us first regarding the use of AI. We will propose the optimal solution tailored to your company's challenges and needs.

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