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Digital Garage and GACCI Launch the B2B Payment Service “DGFT Invoice Card Payment” for the Construction Industry
Supporting Cash Flow and Operational Efficiency of Construction Companies by Using Credit Card Payments to Extend Payment Deadlines
– DG and GACCI, a construction tech company, launch “DGFT Invoice Card Payment*1,” the B2B payment service for the construction industry.
GACCI is a startup supported by the accelerator program “Open Network Lab” operated by Digital Garage, Inc. (TSE Prime section: 4819; HQ: Tokyo; Representative Director, President Executive Officer and Group CEO: Kaoru Hayashi; DG), and this collaboration is one of the results of the efforts to create next-generation businesses through business development and innovation with startups. Together with GACCI, ltd. (HQ: Tottori; Representative Director: Kenji Wakamoto), DG will promote DX of the construction industry and support to solve management issues*2.
“DGFT Invoice Card Payment” is a B2B payment service that enables back-office operations to improve productivity and extend payment due dates by switching invoice payments from bank transfers to credit card payments.
In the construction industry, overtime caps will be applied from April 2024, and employees must reform their work styles by improving operational efficiency. In addition, the industry’s unique business practices, such as promissory notes and the long construction period that makes payment in advance, have been pointed out as cash-flow issues.
Amid the trend toward greater operational efficiency and healthier cash flow, DG and GACCI will support the development of the construction industry and reform work styles by offering “DGFT Invoice Card Payment.”
DG will continue to create next-generation businesses not only for the construction industry but also for other industries through business alliances and other means, including collaboration with startups and industry-leading Onlab Open Innovation partners and the utilization of the DG Group’s business resources, such as the payment business.
【About “DGFT Invoice Card Payment”】
https://lp.dginvoice.jp/
This service postpones the payment due date by up to 60 days when paying by bank transfer invoice is switched to payment by JCB/Visa/Mastercard®/Diners Club cards (excluding prepaid cards issued under the JCB brand). This is available even if your business partner does not support card payments, and it supports the cash management of small and medium-sized businesses, including regular and unexpected funding shortages due to various factors.
【About Digital Garage】
https://www.garage.co.jp/en/
Digital Garage’s corporate purpose is “Designing ‘New Context’ for a sustainable society with technology.” Digital Garage operates a payment business that provides one of the largest comprehensive payment platforms in Japan, a marketing business that leverages data to deliver solutions that integrate real and cyberspace, and an investment and development business that discovers and supports promising startups from around the world.
【About GACCI】
https://gacci.co.jp/
With a vision of “revolutionizing the preconstruction of the construction industry,” GACCI is developing its business as a company that provides an environment in which in-house resources can be focused on creative work such as design and construction by reducing the increasing burden on those who are involved in the field. GACCI has been providing the SasS service “GACCI.” GACCI participated in the “Open Network Lab,” a pioneering Japanese accelerator program of DG, and won the grand prize at the “Open Network Lab’s 25th Batch Demo Day” in 2022.
*1 Related Press Release: “Digital Garage and JCB Launches B2B Payment Service” (November 10, 2022)
*2: “SaaS Optimizes Estimating Work in the Construction Industry. GACCI” breaks through wasteful practices and updates the way the entire industry works ｜Meet with Onlab Grads Vol.35” (November 18, 2022)