MonotaRO adopts the accounting system SAP S/4 HANA®
in response to increased transaction processing from growing sales on EC sites
Aiming for in-house operation, we are proceeding with introduction by a co-creation team system of JBS and MonotaRO
2021.11.16
PressreleaseJapan Business Systems, Inc. (Headquarters: Minato Ward, Tokyo; President: Yukihiro Makita; hereinafter, “JBS”) has announced that MonotaRO, Co., Ltd. (Headquarters: Amagasaki City, Hyogo Prefecture; President & CEO: Masaya Suzuki; hereinafter, “MonotaRO”) will use the next-generation cloud ERP “SAP S/4 HANA®,” which is provided by SAP Japan Co., Ltd. (Headquarters: Chiyoda Ward, Tokyo; President and Representative Director: Hirofumi Suzuki; hereinafter, “SAP Japan”), as the foundation of MonotaRO’s next accounting system, and that JBS will be in charge of construction.
With a view to continuing to grow this new system while quickly responding to changes in the market and business, we aim to enable MonotaRO to conduct in-house operation of the new system after its introduction. Therefore, the introduction project will be advanced through a co-creation system of MonotaRO and JBS, and JBS will provide knowledge and know-how about SAP S/4 HANA® for the project.
Background of selecting SAP S/4HANA®
Since its founding in 2000, MonotaRO has been steadily expanding its business centered on EC website sales of industrial indirect materials for businesses. The company has achieved significant growth, particularly in the last ten years.
Under such circumstances, it is essential that MonotaRO’s accounting system, which can be said to be the foundation supporting the growth of the company, can handle the increasing transaction volume without stress. At the same time, the accounting system must be able to respond to future work-style changes such as remote work. Therefore, MonotaRO decided to review a new system. During the review, MonotaRO set the following four conditions for upgrading the in-house system in anticipation of future business growth.
- Stress-free response to a large number of transactions
- Realization of fast settlement processing through a single system
- Mechanism for digitizing paper documents and linking them with accounting invoices
- Creation of a system that gives a bird’s-eye view of the entire business, and makes it possible to check flexible and accurate management indicators at any time
As a result, MonotaRO decided to adopt the latest ERP systems SAP S/4 HANA and SAP HANA® Enterprise Cloud, which are based on an in-memory database. MonotaRO also decided to partner with JBS, which possesses introduction know-how. To achieve these goals, MonotaRO and JBS will co-create this project with the support of SAP Japan.
About MonotaRO Co., Ltd.
MonotaRO sells about 18 million items required at worksites and factories.
These items range from industrial materials such as cutting tools and abrasives to automobile-related products, construction supplies, and office supplies.
Based on the corporate philosophy of “transforming the material procurement network,” MonotaRO aims to use data science to provide high-level services that are individually optimized, thus becoming an even more essential partner for the work of customers.
The number of registered users as of June 30, 2021 is 6.15 million. Listed on the Mothers Index of the Tokyo Stock Exchange in December 2006.
Listed on the First Section of the Tokyo Stock Exchange in December 2009. Net sales for the fiscal year ended December 31, 2020 were 157.3 billion yen.
Forecasted net sales for the fiscal year ended December 31, 2021 are 194.2 billion yen.
About SAP Japan Co., Ltd.
SAP Japan was established in 1992 as the Japanese subsidiary of SAP SE. SAP’s strategy is to assist every company in becoming a sustainable intelligent enterprise. 87% of global commercial sales pass through some type of SAP system. In this way, as a leader in the enterprise application software market, SAP contributes to the success of companies of various industries and sizes. By utilizing SAP’s machine learning, IoT, and advanced analytics technologies, SAP’s strategy is to support all companies to transform into sustainable intelligent enterprises which enable their employees to focus on higher-value results and which are able to achieve sustainable growth. Additionally, SAP assists people and organizations in gaining insights to make accurate business decisions, and promotes collaboration to achieve a strong competitive advantage.
Now that SAP technology has been simplified, corporations maximize their software for its intended purpose without worrying about bottlenecks. SAP’s end-to-end application suites and services are used in business by corporations and public projects in 25 industries around the world for support in obtaining profits, adapting to constant changes, and differentiating themselves in the market. Through a global network of customers, partners, employees, and thought leaders, SAP is helping to create a better world and enrich people’s lives.
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About Japan Business Systems, Inc. (JBS)
As an IT professional, JBS is a cloud integrator that contributes to the success of our customers and the creation of a prosperous society. JBS supports the promotion of digital transformation using the latest technology in order to improve the corporate value of our customers.
Inquiries regarding this press release
MonotaRO Co., Ltd.
IR/Public Relations Group : Hirao
E-mail:pr@monotaro.com
TEL:06-4869-7190
SAP Japan Co., Ltd.
Public Relations : Kaori Suzuki
E-mail:kaori.suzuki@sap.com
TEL:080-1007-5933(Direct)
About Japan Business Systems, Inc. (JBS)
Corporate Communications Office : Kato
E-mail:pr@jbs.com
TEL:03-6772-4000
Inquiries from customers
About SAP Japan Co., Ltd.
TEL : 0120-786-727
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