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Keyfun helps Damin build a digital consolidated report management platform
2023.06.28

Recently, Keyfun and Damin reached a cooperation agreement to create a digital consolidated report management platform for Damin, helping enterprises achieve complex environments and simple mergers, helping them accurately, compliantly, and automatically complete consolidated report business, and improving account closing efficiency.


Damin was founded in 1995 and is one of the core brand enterprises under Jiang's Holdings. Up to now, Da Min has globally advanced plant extraction, marine biological processing production lines, and diversified automated production lines for healthy food. Through independent research and development, it has obtained nearly 80 patents, including more than 40 invention patents, and has been selected as the fifth of China's top 100 food contract manufacturing enterprises.


Damin focuses on three major fields: natural plants (such as tea, coffee, herbs, etc.), marine organisms (such as microalgae, marine plants, marine microorganisms, etc.), and natural minerals (such as organic calcium, selenium, etc.), connecting the upstream and downstream industrial chains, and providing raw materials, products, and one-stop solutions to many well-known food enterprises worldwide. Damin was selected as the fifth of China's top 100 food contract manufacturing enterprises.


With the continuous deepening of the Damin industry chain, the traditional model of relying on Excel to manually prepare consolidated reports has brought huge workload to the finance department, making it more difficult to avoid data errors caused by human factors, which affects the efficiency of enterprise account closing. To this end, Damin hopes to introduce digital power, create an intelligent consolidated report management platform, achieve automation and intelligence of consolidated business, reduce the workload of the finance department, and improve the efficiency of account closing. After multiple investigations, Keyfun ultimately stood out with its strong product data integration capabilities, voucher level reconciliation platform, transparent and traceable compliance management capabilities, and reached a cooperation agreement with Damin.


Dr. Wang Hualin, CEO and founder of Keyfun, said, "Keyfunc will inject digital power into Damin to help Damin build an automated, transparent, compliant, and easy-to-use consolidated management reporting platform, reduce 90% of repetitive low value core logarithmic work in finance, improve accounting efficiency, and release financial energy to focus on value creation, achieving financial strategic transformation."


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