Seven Eleven Partners with Startups to Launch 'Franchise Tax Mobile Service'

Tax Accounting Platform Startup 'Sechingu' Signs MOU with 'Seonggonghaneun Saramdeul'
Simplifying Tax and Accounting Tasks Needed for Store Management... Handling Tasks via Mobile
"Expecting Annual Tax Cost Reduction and Increased Convenience for Store Owners"

[Asia Economy Reporter Yuri Kim] Convenience store 7-Eleven announced on the 9th that it has signed a business agreement with tax accounting platform startups 'Sechingu' and 'Seonggonghaneun Saramdeul' to introduce the industry's first 'tax mobile service.'

The business agreement ceremony held the day before at the 7-Eleven headquarters in Jung-gu, Seoul was attended by key officials including Choi Kyung-ho, CEO of 7-Eleven, Han Se-ok, CEO of Sechingu, and Lee Hyang-jong, CEO of Seonggonghaneun Saramdeul. The companies 'Sechingu' and 'Seonggonghaneun Saramdeul,' which signed the agreement, are excellent startups selected as suppliers for the 'K-Non-face-to-face Service Voucher Project' implemented by the Ministry of SMEs and Startups. Store owners can compare the benefits of each company and choose their preferred partner.

7-Eleven signed the '2021 Franchise Win-Win Agreement' last month and has been actively investing to create a sustainable store operation environment. This service was prepared as part of the win-win agreement to simplify and streamline tax and accounting tasks necessary for franchise store operations.

7-Eleven store owners using this service will be able to quickly and accurately manage various tax services such as tax filing, sales and purchase management, estimated tax calculation, and evidence management through mobile devices. Previously, tax tasks handled by mail or face-to-face can now be easily processed using mobile and PC. This is expected to reduce annual tax costs and greatly improve store operation convenience.

Gu In-hoe, Head of Digital Innovation Division at 7-Eleven, said, "Through the introduction of this tax mobile service, we expect to enhance store owners' operational efficiency and improve store profits by reducing tax costs," adding, "We will continue to develop various systems to support smooth store operations and enhance competitiveness for store owners."

Meanwhile, 7-Eleven is actively strengthening franchise service competitiveness by linking with excellent startups. A representative service is the discount sales at closing time called 'Last Order.' 'Last Order' is a service first introduced in the industry in February last year through a partnership with the startup 'Miro.' Currently, more than 8,600 stores nationwide have subscribed to the service, and actual sales are taking place in about 5,000 of those stores. The cumulative sales volume has reached 950,000 units. The total waste reduction amount through operating the Last Order service reached approximately 2.4 billion KRW based on sales. An analysis of sales at the top 100 stores operating 7-Eleven's Last Order service showed that total orders for the service target product categories increased by 24.8% year-on-year, and sales increased by 26.6%, while waste decreased by 8.4%.