JuanTax and Jaz Philippines merge to create AI-powered Juan Accounting Software

The platform integrates accounting and tax processes, eliminating the need for multiple tools.

JuanTax, the Philippines’ leading electronic tax software provider, and Jaz Philippines—the local business unit of Singapore-based Jaz, have joined forces to introduce Juan Accounting Software (Juan), an integrated AI-driven accounting platform for small and medium businesses (SMBs) in the Philippines. Juan combines accounting, payments, financial reporting, and tax compliance into a single solution.

“Our mission is to empower Filipino businesses to focus on growth and innovation, while we take care of the complexities of accounting and tax compliance,” said Marvin Galang, Co-founder and CEO of JuanTax. “With this merger, we’ve combined local expertise and Jaz’s advanced accounting technology infrastructure to create Juan–a solution that’s built by Filipinos, for the Philippines.”

Filipino SMBs often rely on spreadsheets and multiple tools to manage their accounting and tax needs, leading to inefficiencies, errors, and wasted time. Juan aims to address these challenges by offering a fully integrated solution that understands local business practices, tax regulations, and accounting standards. By adhering to Bureau of Internal Revenue (BIR) regulations, Juan ensures businesses remain compliant while streamlining operations, increasing productivity, and reducing costs.

Juan also offers unique benefits for accountants and bookkeepers. Its AI utilizes a multi-agentic system with agents specializing in local accounting and tax standards, which can help address the shortage of accounting professionals in the Philippines. The platform integrates accounting and tax processes, eliminating the need for multiple tools.

“Thrilled to back Marvin and the Juan team in their vision for the Philippines. Being deeply experienced at building accounting partnerships, communities, and ecosystems, we are confident about what we’ll be able to achieve together,” said Ajay Gopal, Founder and CEO of Jaz. “The Philippines is at a tipping point in accounting innovation, and we expect the country to be one of the leaders in Southeast Asia’s finance tech ecosystem.”

In May 2024, JuanTax was acquired by Beppo, a fintech startup that raised funds during its pre-seed round. This funding round, led by Wavemaker Partners and angel investors, enabled Beppo to acquire JuanTax and five other bookkeeping firms, expanding its customer base and strengthening its position in the Philippine fintech market. Subsequently, Beppo sold its JuanTax asset to Jaz Philippines and now operates as a separate entity, focusing on its core software and services.

JuanTax, founded in 2017, is the Philippines’ first fully accredited electronic tax software provider (eTSP) recognized by the BIR. The company has grown to thousands of users and a community of JuanTax-certified professionals.

The merger with Jaz marks Juan’s expansion into a comprehensive accounting and tax solution. The terms of the merger were not disclosed.

“Juan is more than just a software; it’s a movement to help Filipino SMBs thrive,” added Galang. “Our goal is to simplify bookkeeping, compliance, and reporting, so businesses can focus on growing their profits. We’re excited to see how this technology transforms the future of accounting in the Philippines.”

Juan is now available to accountants, bookkeepers, and SMBs across the Philippines. Visit: https://www.juan.ac/

Ron Castro

START A DISCUSSION

Do you have any questions or insights regarding this article?
The most frequently mentioned topics will be placed in our discussion board.

Registration isn't required

Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments