Rakus Co., Ltd. has acquired a minority interest in PT CPS, the developer of Accurate Software, to enhance its footprint in Indonesia's burgeoning software market.

Information on the Target

Rakus Co., Ltd. is a distinguished Japanese software firm that focuses on providing cloud-based business solutions. The company's recent investment involves acquiring a minority interest in PT CPS, which is renowned for developing Accurate Software, a prominent accounting solution in Indonesia.

Accurate Software stands out as a leading accounting solution tailored for small and medium-sized enterprises (SMEs) in Indonesia, offering a comprehensive suite of features that cater to the unique operational needs of these businesses.

Industry Overview in Indonesia

The Indonesian software industry has witnessed significant growth, fueled by the increasing adoption of digital solutions among businesses, particularly SMEs. As companies strive for ef