iQuest, Achieves Nonprofit Solution Quality Certification Grade 1

[Asia Economy Reporter Ji-hwan Park] iQuest announced on the 7th that it has obtained the Good Software Quality Certification (GS Certification) Grade 1 for the non-profit solution of 'Eolmaeyo' from the Korea Testing Laboratory (KTL).

GS Certification, conducted by the Korea Testing Laboratory under the Ministry of Science and ICT, is a system that certifies software quality by evaluating the functionality, reliability, efficiency, usability, and maintainability of domestic software based on the International Organization for Standardization (ISO). Obtaining GS Certification designates the software as a priority purchase target when public institutions place orders. It also provides various benefits such as being prioritized for adoption in administrative and public informatization projects.

The 'Eolmaeyo-Nonprofit' solution, which received the GS Certification Grade 1, is a budget and accounting management solution designed for various non-profit corporations and organizations such as associations, public sectors, NGOs, and civic groups. It features patented artificial intelligence automatic accounting processing technology, allowing even accounting beginners to use it easily.

The 'Eolmaeyo-Nonprofit' solution applies the simple input method of 'Eolmaeyo' and offers features that allow selection of dedicated account titles tailored to the nature of each organization, as accounting account titles vary by organization. It also provides nonprofit-specific financial statements and reports such as operating performance statements and income and expenditure statements based on the nonprofit organization accounting standards announced by the Korea Accounting Standards Board. Nonprofit organizations can check budget status through various reports to plan and execute fund management systematically, and easily and efficiently manage membership including various subsidies and dues.

An iQuest official stated, "With the acquisition of GS Certification Grade 1, which is an essential condition for selection as a public software business operator, we will expand our business area into the public market, led by Eolmaeyo-Nonprofit." He added, "We will provide customized services to nonprofit organizations struggling with accounting management through the Eolmaeyo-Nonprofit solution and dedicated consultation support."

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