JuanTax and Jaz Philippines Merge to Launch AI-Powered Accounting Solution for Filipino SMBs

JuanTax and Jaz Philippines have announced a transformative merger to launch Juan Accounting Software, a pioneering AI-powered platform tailored specifically for Filipino small and medium businesses (SMBs). This innovative solution aims to address long-standing challenges in accounting and tax compliance by offering an integrated, localized approach to financial management.

The new platform combines JuanTax’s established reputation as the Philippines’ first fully accredited electronic tax software provider with Jaz’s advanced accounting technology infrastructure. By integrating accounting, payments, financial reporting, and tax compliance into a single solution, Juan seeks to eliminate the inefficiencies traditionally associated with fragmented business management tools.

Marvin Galang, Co-founder and CEO of JuanTax, emphasized the platform’s mission to empower Filipino businesses. ‘Our goal is to simplify bookkeeping, compliance, and reporting, so businesses can focus on growing their profits,’ Galang stated. The software is uniquely positioned to address local business needs by incorporating specific features that adhere to Bureau of Internal Revenue (BIR) regulations.

Unlike generic international accounting software, Juan distinguishes itself through its localized design and user-friendly interface. The platform leverages advanced AI technology, including a patented multi-agent system that specializes in local accounting and tax standards. This innovation is particularly significant in addressing the Philippines’ accounting labor shortage by enabling firms to scale operations efficiently while maintaining compliance and quality.

Ajay Gopal, Founder and CEO of Jaz, highlighted the strategic importance of the merger, noting that Southeast Asia is at a critical point in accounting innovation. ‘We are confident about what we’ll be able to achieve together,’ Gopal remarked, underscoring the potential for technological transformation in the region’s financial technology landscape.

The launch campaign, ‘We Are Juan,’ reflects the platform’s broader vision of modernizing the Philippines’ accounting industry and fostering unity among professionals and businesses. By providing a comprehensive solution that reduces manual processes and potential errors, Juan aims to help SMBs streamline their financial operations and focus on growth and innovation.

With its deep understanding of local business practices and advanced technological capabilities, Juan represents a significant step forward in accounting software development for the Philippine market. The platform is now available to accountants, bookkeepers, and small and medium businesses across the country, promising to revolutionize how financial management is approached in the Philippines.

Blockchain Registration, Verification & Enhancement provided by NewsRamp™

This news story relied on a press release distributed by 24-7 Press Release. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is JuanTax and Jaz Philippines Merge to Launch AI-Powered Accounting Solution for Filipino SMBs.