Fast Accounting
Fast Accounting is a Tokyo-listed AI software company that builds accounting-specialized large language models and SaaS platforms (Robota, Remota, Steward) to automate invoice processing, journal entry, and compliance workflows for large Japanese enterprises and their BPO providers.
- Company typePublic
- Founded2016
- HeadquartersTokyo, Japan
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Fast Accounting does
Fast Accounting Co., Ltd. is a Tokyo-headquartered, publicly listed (TSE Growth Market, ticker 5588) AI software company founded in June 2016 that builds accounting-domain artificial intelligence for Japanese enterprises. The company's product portfolio centers on Robota, an API-accessible AI accounting engine offering invoice and receipt OCR, document classification, deskew/cropping pre-processing, journal-entry suggestion, and verification/fraud-detection modules; Remota, a cloud-based web platform that packages these engines into an end-to-end invoice processing workflow with SAP Concur and ERP integrations; Steward, an AI agent layer (including a new-lease-accounting-standard module addressing the April 2027 mandatory effective date); and a certified Peppol Access Point service designated by Japan's Digital Agency. Underlying these products is Deep Dean, a proprietary accounting-specialized large language model developed by the company's FA Research division that achieved 99.8% accuracy on Japanese Bookkeeping Level 1 certification exams and demonstrated 93.3% accuracy in real-world accounting judgment tasks.
The company monetizes primarily through quote-based annual SaaS subscriptions to its cloud platforms and APIs, sold via direct enterprise sales targeting CFOs and accounting department heads at large Japanese listed companies, supplemented by a 20+ partner channel network of certified resellers (BIPROGY, SB C&S, TIS), Big Four and global consulting firms (KPMG, Deloitte, PwC, Accenture, IBM Japan, Capgemini, NTT Data, NRI, JSOL), and alliance partners (SAP, UiPath, Blue Prism, Automation Anywhere, Saison Technology). Customer segments include large listed enterprises with high-volume invoice/receipt processing needs, accounting BPO providers, and system integrators embedding the AI into enterprise ERP landscapes. Documented enterprise customers include Kuraray (75% accounting approval time reduction), Nissin Foods (90,000 sheets/year paper reduction, 24,000 hours/year saved), BIPROGY (60% matching operations reduction), Ajinomoto Financial Solutions (production AI agent deployment), Asahi Kasei, Omron, Kyocera, H2O Retailing, and Kyushu Railway, among 60+ named logos spanning food manufacturing, chemicals, electronics, retail, pharmaceutical, railway, and IT services.
Fast Accounting completed an IPO on the Tokyo Stock Exchange Growth Market and holds ISO 27001, ISO 27017, SOC 2 Type II, and Japan's IPA Security Action two-star certifications, positioning it for both domestic enterprise procurement and limited international expansion via its SAP Store listing. The company's strategic positioning is built on Japan's structural shortage of accounting personnel (Bookkeeping Level 1 examinee numbers down ~40% since 2010, with bookkeeping removed from university entrance exams in 2024), multiple mandatory regulatory compliance deadlines (invoice system, electronic invoice storage law, new lease accounting standards), and the shift from manual accounting operations toward AI-driven strategic finance functions.
Fast Accounting firmographics
Firmographics- Name
- Fast Accounting
- Legal name
- ファーストアカウンティング株式会社 (Fast Accounting Co., Ltd.)
- Website
- https://fastaccounting.jp
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Fast Accounting is a Tokyo-listed AI software company that builds accounting-specialized large language models and SaaS platforms (Robota, Remota, Steward) to automate invoice processing, journal entry, and compliance workflows for large Japanese enterprises and their BPO providers.
- Ownership category
- akta.pro rank
Fast Accounting industry classification
Industry- Product category
- AI Accounting Automation Software
- NAICS
- Software Publishers (513210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Accounts Payable Automation & Supplier Payments (FSAGAJAD)
- akta.pro secondary industries
- Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where Fast Accounting is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices2 records
Markets served
Fast Accounting business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Subscription (Robota API / Remota / Steward): Fast Accounting's primary revenue comes from subscription-based SaaS licensing of its AI accounting platforms. Robota is offered as an API-accessible AI engine, while Remota is a cloud-based invoice processing platform. Pricing is typically quote-based per transaction volume, number of users, or monthly/annual subscription tiers. The company also generates revenue from implementation, customization, and support services associated with these platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription with quote-based pricing |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
Fast Accounting product offering
Product offeringCore offering
Fast Accounting provides AI-powered accounting automation software for Japanese enterprises. Its platform automates invoice and receipt OCR reading, journal entry classification, verification, electronic invoice transmission via Peppol, and new lease accounting compliance through modular AI engines (Robota), a web-based invoice processing platform (Remota), and an AI agent layer (Steward) underpinned by a proprietary accounting-specialized LLM (Deep Dean).
Product overview
Fast Accounting offers a multi-product portfolio centered on AI-powered accounting automation. The core platform consists of Robota (customizable AI accounting engine via API) and Remota (web-browser-based invoice processing platform), both leveraging AI-OCR, natural language processing, and generative AI for invoice/receipt reading, verification, journal entry, and compliance checking. Steward serves as the strategic AI agent layer, with 新リース会計基準 automating lease accounting and the AI agent framework handling autonomous accounting judgments. The Peppolアクセスポイントサービス provides standardized electronic invoice exchange. Deep Dean is the proprietary accounting-specialized LLM underpinning the AI capabilities, achieving professional簿記 qualifications. Products are designed to work independently or as an integrated suite, with APIs enabling connectivity to ERP systems (SAP Concur, SAP S/4HANA, various accounting systems), workflow platforms, and cloud storage (box, HULFT Square).
Differentiator
Problem solved
Functional benefit
Brands
- Robota: Customizable AI accounting engine - API-based service for invoice/receipt OCR reading, pre-processing, journal entries, and accounting verification
- Remota
- Steward
- Peppol Access Point Service
Products and services
- Robota A customizable AI accounting engine delivered via API, comprising modular AI engines for invoice OCR, receipt OCR, document classification, deskew/crop, journal entry suggestions, and verification/fraud detection. Sold to enterprises and system integrators to embed AI-OCR and accounting workflow automation into their systems.
- Remota A cloud-based accounting platform accessed via web browser that uses AI-OCR to read invoice data, identifies optimal account codes, and integrates with ERP and workflow systems for end-to-end invoice automation. Designed for enterprise accounting departments and BPO providers processing high volumes of invoices.
- Steward An AI-powered accounting assistant for strategic accounting tasks. Automates lease identification, classification, and on-balance-sheet determination from contract documents for the new lease accounting standards (effective fiscal years from April 2027). It also serves as an AI agent framework that autonomously handles approval workflows in production.
- Peppol Access Point Service (Peppolアクセスポイントサービス) A Peppol-compliant electronic invoice transmission and reception service. Fast Accounting operates as a certified Peppol Access Point provider accredited by Japan's Digital Agency, enabling standardized digital invoice exchange with domestic and international trading partners via the Peppol eDelivery Network.
- Deep Dean Fast Accounting's proprietary accounting-specialized large language model (LLM) developed by FA Research. Processes accounting domain text for judgment tasks, achieving 99.8% accuracy on Japanese Bookkeeping Certification Level 1 exams and passing the CPA exam threshold. Underlies the AI agent's accounting reasoning capabilities.
Quantifiable outcome
- Accounting approval work time reduced by 75% (Kuraray)
- +5 more outcomes
Companies that use Fast Accounting
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles2 records
Fast Accounting technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability10 records
Feature7 records
Fast Accounting partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and major.
- SAP Japan CorporationcoreFast Accounting's Steward for New Lease Accounting Standards is listed on the global SAP Store, enabling SAP ecosystem customers to discover and adopt the solution. Fast Accounting's AI solutions integrate with SAP ERP, SAP Concur Invoice, and SAP Contract and Lease Management systems.
- Ajinomoto Financial Solutions Co., Ltd.coreJoint development and production deployment of an accounting AI agent that autonomously handles expense reimbursement approval workflows. Combined Fast Accounting's proprietary accounting LLM (Deep Dean) with Ajinomoto Group's business rules and know-how, achieving 93.3% accuracy in accounting judgments and ~10,000 hours/year workload reduction.
- BIPROGY CorporationcoreCertified reseller of Fast Accounting's solutions. BIPROGY, a major Japanese system integrator, resells Robota and Remota while also using them internally for its own accounting operations.
- SB C&S CorporationmajorCertified reseller partner. SB C&S is a SoftBank Group IT distributor that resells Fast Accounting solutions alongside other technology products.
- KPMG Consulting Co., Ltd.majorImplementation partner. KPMG leverages RPA and AI technologies to help clients implement end-to-end process automation, integrating Fast Accounting's AI-OCR solutions as part of consulting engagements.
- TIS Inc.majorImplementation partner. TIS, a major Japanese IT services company, integrates Fast Accounting solutions with ERP and accounting systems as part of its DX consulting practice.
- IBM Japan, Ltd.coreImplementation partner with full-service capabilities from strategy/requirement definition through system integration (SAP Concur, SAP ERP, and various accounting systems), development/maintenance using regional DX centers, OCR-based fraud detection, and BPO services.
- Deloitte Tohmatsu Consulting LLCmajorImplementation partner. Deloitte provides consulting services for accounting automation, integrating Fast Accounting AI solutions with client systems and processes.
- Accenture Japan Ltd.majorImplementation partner. Accenture provides digital transformation consulting that combines AI-OCR and RPA technologies to build new business processes integrating human and digital work.
- Capgemini Japan K.K.majorImplementation partner. Capgemini has implemented RPA for over 80 clients and developed over 500 automation workflows, combining OCR products with Robota and Remota to connect accounting systems.
- NTT DATA CorporationmajorImplementation partner. NTT Data integrates Fast Accounting solutions with its IT services for enterprise clients.
- NRI (Nomura Research Institute)majorImplementation partner. NRI, one of Japan's largest consulting and system integration firms with 13,000+ employees globally, integrates Fast Accounting AI solutions as part of its consulting and system development services.
- JSOL CorporationmajorPartner specializing in ERP implementation for process manufacturing industries. JSOL integrates Fast Accounting AI solutions with ERP systems and provides ICT consulting services.
- Saison Technology Co., Ltd.majorTechnology partner. Saison Technology develops the iPaaS platform 'HULFT Square' for cloud-based data integration. Fast Accounting integrates with HULFT Square to enable seamless data flow between Remota and enterprise accounting systems.
- Proship Inc.majorCo-hosting seminars on new lease accounting standards. Proship provides lease management systems while Fast Accounting provides AI-powered lease identification and accounting solutions, offering complementary solutions for new lease accounting compliance.
- Digital Agency (Japan Peppol Authority)coreDigital Agency designated Fast Accounting as an accredited Peppol service provider in Japan (August 2022). Fast Accounting is a certified Peppol Access Point Provider enabling digital invoice exchange via the international Peppol eDelivery Network.
- EY Japan (Ernst & Young)majorCo-hosted webinars on overcoming accounting personnel shortages through SSC and accounting AI agent strategies. EY provides GBS (Global Business Services) and BOT (Build-Operate-Transfer) consulting while Fast Accounting provides accounting AI solutions.
Scale indicators5 records
Recent moves8 records
Expansion highlights6 records
Fast Accounting competitors and assessment
Company assessmentDirect peers
- Money Forward: Japanese cloud accounting/fintech SaaS provider serving both SMEs and enterprises with bookkeeping, invoice, expense, and HR/payroll modules. Directly competes with Fast Accounting's Remota/Robota in Japanese AI-driven invoice automation, and overlaps on the broader enterprise finance DX narrative.
- freee: Japanese cloud accounting SaaS leader (freee会計) with strong SME distribution and growing enterprise/HR offerings. A direct competitor in Japanese AI-enabled bookkeeping and invoice workflows, though more SME-skewed than Fast Accounting's listed-enterprise focus.
- RPA Holdings (RPA Technologies): Japanese RPA vendor (BizRobo!) that automates back-office workflows including invoice/receipt processing. Competes with Fast Accounting's Robota-style OCR-plus-RPA solution and is a co-developer/partner of choice for accounting automation projects.
- ABBYY: Document AI/OCR vendor with Vantage and FlexiCapture products widely used in finance/accounting automation globally. Closest pure-play comparable to Fast Accounting's AI-OCR capabilities, though lacks an accounting-specialized LLM like Deep Dean.
- Proship: Japanese vendor of lease management and contract lifecycle software (ProPlus family). Co-markets with Fast Accounting on the new lease accounting standard but also competes for the lease-accounting budget via its own IFRS 16/ASC 842 compliance tooling.
Broad incumbents
- SAP Concur: Global enterprise travel, expense, and invoice management suite owned by SAP. Fast Accounting integrates with Concur Invoice/Expense but also competes for the same Japanese enterprise AP/expense automation budget through its broader ERP ecosystem.
- UiPath: Global RPA/intelligent automation platform with document understanding and invoice processing capabilities. Listed alliance partner of Fast Accounting but a competitive alternative when enterprises buy platform-level automation rather than accounting-specific AI.
Emerging players
- Ramp: US-based corporate card and AP automation platform with AI-driven receipt capture and bill pay. Comparable in automating corporate invoice/expense workflows via AI, though focused on US SMEs/mid-market versus Fast Accounting's Japanese enterprise focus.
- Brex: US-based corporate card and AI-powered expense/bill pay platform. Competes in AI-driven AP and spend management, providing a US benchmark for the SaaS economics of Fast Accounting's subscription-based Robota/Remota product.
Regional players
- Yayoi (now Yayoi Holdings / TKC): Long-standing Japanese accounting software vendor (Yayoi 会計) with deep SME distribution. While primarily SME-focused rather than listed-enterprise, it is a structural Japanese competitor shaping the AI-driven accounting automation landscape Fast Accounting targets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Fast Accounting social profiles
Digital presenceFast Accounting compliance and trust
Trust signalCompliance4 records
Fast Accounting financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fast Accounting leadership team
Management profileNumber of profiles
Profiles4 records
Fast Accounting funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fast Accounting M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fast Accounting
What does Fast Accounting do?
Fast Accounting provides AI-powered accounting automation software for Japanese enterprises. Its platform automates invoice and receipt OCR reading, journal entry classification, verification, electronic invoice transmission via Peppol, and new lease accounting compliance through modular AI engines (Robota), a web-based invoice processing platform (Remota), and an AI agent layer (Steward) underpinned by a proprietary accounting-specialized LLM (Deep Dean).
Is Fast Accounting a public or private company?
Fast Accounting is a public company. It is classified as public and is currently operating.
When was Fast Accounting founded?
Fast Accounting was founded in 2016. It employs 101 to 250 people.
Where is Fast Accounting based?
Fast Accounting is headquartered in Tokyo, Japan, in the Asia region.
How does Fast Accounting make money?
One revenue line is on record: saaS Subscription (Robota API / Remota / Steward).
Who are Fast Accounting's main competitors?
Direct peers on record are Money Forward, freee, RPA Holdings (RPA Technologies), ABBYY and Proship. Broad incumbents are SAP Concur and UiPath. Emerging players are Ramp and Brex. Yayoi (now Yayoi Holdings / TKC) is listed as a regional player.
Does Fast Accounting have an API?
Yes. Robota is a customizable AI accounting engine provided via API. The Robota API offers various AI engines including: invoice reading (請求書Robota), receipt reading (領収書Robota), document sorting (振分Robota), deskew/cropping (台紙切取・回転補正), journal entry suggestions (仕訳Robota), and verification/confirmation (確認AI). It enables developers to integrate AI-OCR, document processing, and accounting workflow automation into their own systems.
What industry is Fast Accounting in?
Fast Accounting's product category is AI Accounting Automation Software. Its primary akta.pro industry code is FSAGAJAD, Accounts Payable Automation & Supplier Payments, with a secondary code of BPAAAGAB, Accounts Receivable (Invoicing, Cash Application, Deductions). Its NAICS code is 513210 and its SIC code is 6199.