/Edited by
of Every Moment Technology/Xiaodie
Proofreading/Tina
Planning/Eason
"Real-time accounting is achieved so that financial personnel do not work overtime."
This was not long ago when Wei Meizhong, the founder and CEO of Every Moment Technology, was accepting questions from the media, " What’s the one thing you most want to change in the world?”
This seemingly down-to-earth answer reflects Wei Meizhong’s years of continuous exploration and innovation in the digital financial field. As a senior financial expert, the best CFO in the Asia-Pacific region, and a leader in the digital finance industry, he has been deeply involved in the financial industry for more than 30 years. He has personally experienced the transformation of China's finance from manual accounting, computerized and to digitalization.
It was this experience that established Wei Meizhong’s determination to improve financial efficiency and innovate traditional finance. In 2015, he founded Mike Technology, aiming to be a company where senior financial people build financial SaaS software for financial colleagues. From the founder to the company's core team, most of them have financial backgrounds, which has created the strong financial genes of Every Moment Technology. Their professional knowledge and experience have allowed the company's development to avoid many "detours", which is also the core reason why every moment's product solutions have always been in a leading position in the industry.
html Over the past 37 years, technological products have been iteratively updated every moment. From a single financial management and expense control SaaS product, it has developed to create a new generation of crowd intelligence financial cloud sharing platform to help customers open up the industry finance and tax ecological data chain, comprehensively improve the organizational efficiency and competitiveness of enterprises, and achieve true industry and finance integration. , fulfilling the corporate mission of unleashing financial creativity.
In the increasingly competitive digital financial field, Momo Technology has grown into an industry leader. At present, Meike Technology has served 3,000+ medium and large enterprises, 350+ listed companies, and has more than 2 million users, covering more than 180 countries and regions around the world. It has grown into the preferred brand for medium and large enterprises to realize financial digitalization. At the same time, every moment technology has also won the favor of capital. The six rounds of financing have escorted the continuous growth of every moment technology...
html In the past 37 years, on the digital financial track, the key to the "acceleration" of every moment technology is What?
01 Integrated cloud financial solution: 200% growth for six consecutive years
2015 is the first year of serving domestic enterprises, and every moment was established at this time. The original intention of
is to become a financial and taxation SaaS platform that provides resource sharing, helping enterprises to achieve all-round data sharing from data collection, data processing, data recording, data storage, data analysis, data reporting, and ultimately create real-time Digital accounting realizes all-round collaboration and integration of business and financial data, and settles accounts on a daily basis. Let finance not work overtime become a reality!
For this reason, the first industry star product "Make Reimbursement" launched by Every moment Technology is launched. This cloud platform starts from the enterprise expense reimbursement scenario and provides expense reimbursement management, travel booking, full-process expense control, etc. for medium and large enterprises. The service realizes the interaction of public procurement, private expenses, tax, customers, suppliers, banks and other data.
In view of the pain points of enterprises in the reimbursement business, every moment expense management SaaS platform is divided into two parts:
The first part is the external ecological platform , which mainly deals with external food, housing and transportation consumption, credit payment , and the invoice base of the State Administration of Taxation Account database and other data links, and provides AI bill identification and authenticity checking functions, which can be connected to the traditional locally deployed reimbursement platform, open up external data links for it, and achieve value-added empowerment and efficiency improvement, and this efficiency improvement is not only It is aimed at enterprises and the financial side. For individual corporate employees, they can also be "liberated" from the Moment ecology, such as the use of Moment wallets. When corporate employees enter, organize and reimburse invoices, Every Moment Ticket Folder provides corporate employees with a tool to process invoices anytime and anywhere. Its intelligent ticket recognition function can save 80% of employee expense filling time.If there is a need to connect with the enterprise reimbursement system, it can also be embedded into the existing system through various forms such as OCR interface.
The second part is the expense management platform , which internally connects ERP, CRM, HR, DingTalk, WeChat, OA, capital platform and other application systems to achieve automatic accounting, update logs, basic master data synchronization, and convenient login. Batch payment and other functions. The core reimbursement module provides automated functions such as expense application, budget control, approval and review flow, expense standards and compliance control, and automatic calculation of subsidies. In this way, the expense management SaaS platform includes the entire company's comprehensive expense management and control process, as well as reimbursement standards, subsidy calculations, financial compliance, etc., which can increase the efficiency of all participants by 50%-90%. After
, every iteration of technology is accompanied by traces of changes in digital finance. With the acceleration of the process of electronic invoices and the introduction of electronic policies for accounting files, the digital transformation of corporate finance is imminent.
In May 2019, "Every Moment File" was officially launched. Help corporate customers solve the problems of automatic acquisition and matching, electronic storage and management query of financial original vouchers , truly realize the non-printing of electronic tickets and the electronicization of paper tickets, and open a new era of electronic files as the mainstay and paper files as the supplement. pattern. In 2021, Meike Technology also passed the pilot acceptance of electronic invoices, electronic reimbursements, and archiving jointly carried out by four departments including the Office of the State Archives Administration.
With the issuance of the country's first value-added tax electronic special invoice in Ningbo in September 2020, the era of electronic special invoices has arrived. Under this industry trend, in order to solve the labor-intensive reconciliation and settlement of enterprises, the trouble of matching three orders (purchase orders, statements, and invoices), the difficulty of tracking output invoices, the complicated write-off of receivables, and the difficulty of matching, etc., many traditional receivables and payables To solve the pain points in the business process, Muke Technology’s new product line Muke Cloud Ticket has also been officially released, covering four major business modules: receivable sharing, payable sharing, value-added tax invoice management and electronic invoice service platform. By efficiently connecting upstream suppliers and downstream customers, and building an ecological data network for enterprise procurement and sales business, greatly improves the efficiency of internal and external collaboration and data collection, and provides a more scientific basis for business decisions. Behind the continuous iterative updates of
products is a team with strong scientific and technological strength. It is understood that within the organization, product R&D personnel account for more than 50%, and 80% of the members of the management team (product designers) have a strong financial background; outside the company organization, Meike Technology has established a CFO Digital Intelligence Think Tank Alliance, consisting of It is composed of more than 50 CFO elites from listed companies. They use their industry's top digital practical experience and management concepts to provide powerful "nutrients" for the polishing and iteration of every moment's technology products and solutions.
Thanks to the hard work of a professional and enterprising team, has become the only integrated cloud financial solution SaaS vendor in the industry that has expanded the boundaries of ERP accounting and made up for the lack of ERP external collaboration. In terms of product system construction, has completed the layout from every moment reimbursement to every moment file, to every moment cloud ticket, business travel ecological cloud platform, every moment intelligent financial shared cloud platform, etc., and can build products together with customers. Quickly respond to iterations, and at the same time understand the principle of "doing something and not doing something", and choose an open ecosystem to achieve win-win results with partners. And based on the existing products of every moment combined with the ERP on the market, it has launched a new generation of data financial sharing solutions, which lowers the threshold of financial sharing and truly realizes the civilianization, productization, platformization and cloudization of financial sharing. In the market, Every moment technology has grown into the preferred brand of medium and large enterprises, providing enterprises with comprehensive digital intelligent financial products and solutions. It is this spirit of adhering to customer success that has made every moment of technology deliver an excellent report card—maintaining a twofold increase in market share for six consecutive years.
02 Crowd Intelligence Ecology 3.0 & Financial Metaverse: Release the Creativity of Financial People
In addition to improving its own product layout and strong genes, every moment technology also has a greater dream - to create an ecosystem and realize crowd intelligence and symbiosis.
Wei Meizhong explained: "Crowd intelligence is the gathering of collective wisdom in the financial field; symbiosis is the deep integration of each other with ecological partners."
For enterprises, we can understand it this way: we can realize ecology through an open ecological platform every moment. Link + intelligent management allows enterprises to connect to third-party ecological platforms externally according to their needs, obtain higher-quality data at the levels of consumption, finance, management, etc., and achieve unexpected results at a lower cost and faster speed. Increase efficiency and reduce cost management effects; internally open up ERP, CRM, OA, capital platform and other application systems to realize the interoperability of internal ecological data chains.
On the road to building an ecological platform, every moment technology has continued to explore and experienced the development process from Ecology 1.0 to Ecology 3.0.
In the ecology 1.0 era, multiple enterprise consumption platforms such as TMC could only passively access the every moment reimbursement platform to provide customers with closed-loop value; in the ecological 2.0 period, enterprise consumption platforms can actively access the every moment ecological platform through a unified integration interface. , at the same time, the other end of the Mikake ecological platform can be connected to the enterprise's internal OA, Mikako reimbursement and other integrated systems, and can independently provide ecological platform services to our customers. In today's Ecological 3.0 era, enterprises can achieve data-driven and industry-financial data integration through the every-moment data ecological engine.
If we say that building an ecological platform is a cornerstone of Momo Technology’s overtaking on the road of digital finance, then proposing the financial metaverse can be said to be the ultimate imagination of the future of digital finance. As the discussion of the financial metaverse increases, Every Moment Technology predicts that the requirements for financial personnel will change. In addition to a solid professional foundation, financial personnel also need to have systematic digital thinking and process thinking based on a full understanding of the organization's business, and be good at using various IT means and digital tools to control the financial metaverse and solve manual problems. Problems that smart cannot solve.
In the era of the financial metaverse, it may be possible to realize real-time finance and no more overtime work or additional people in finance. At that time, financial personnel will be able to obtain data quickly enough (low latency), with high efficiency and at very low cost. In the past, a large amount of manpower was required to transport, process, check, refine and summarize various types of data, which has transformed into the interconnection of all things, intelligent inspection and review of data, intelligent modeling and analysis of data with the help of AI, and ultimately objective decision support. .
Whether it is the creation of an ecological platform of group intelligence and symbiosis, or the first to discover the secrets of the financial metaverse, it seems to confirm this sentence - "I hope to use another ten years to help 2 million companies realize financial digital transformation and release financial personnel creativity, allowing financial personnel to achieve greater value creation."
This is a message from Wei Meizhong on the official website of Every Moment Technology. He said "Let China enter the world's accounting innovation stage and provide a true sample of China's financial digitization. Realize the dream of not having to work overtime in finance”! At the same time, this is also a microcosm of the rapid development of Moji Technology on the digital financial track in the past seven years.
