Following the success of the first webinar, Bizzi and Webketoan continued to organize webinar #2: Automating enterprise cost management processes: faster – more accurate on 13.11 last.
Under the coordination of the host and two speakers, Ms. Tra Huong - an expert with 15 years of experience in Business Accounting and Mr. Do Phi Long has a lot of experience in successfully implementing automation for the accounting department of F88 companies. , HSVG, Bamboo Capital, The Coffee House, Homefarm, etc. attracted many attendees who are personnel, accounting managers of many businesses.
Secrets of enterprise cost management: Faster – More accurate
Through Ms. Huong's sharing, all attendees understood what cost transparency is, and methods to support risk reduction in the process of operating the organization's accounting activities related to cost transparency. Tax. Besides, speaker Tra Huong also pointed out 8 common wastes in the office, including:
- Waste due to wrong doing: This is a condition that arises when employees perform work improperly, resulting in the use of time and resources to repair, adjust, or redo completed work.
- Waste due to overdoing: This typically occurs when production or service delivery exceeds actual needs or requirements, resulting in wastage of resources such as raw materials, time, and labor.
- Wasted by waiting: When the work process is interrupted or delayed due to having to wait for information, decisions or approval from others, this leads to waste of time and resources.
- Waste due to work without creating VAT (added value): This is performing work that does not create added value for the business or customers, leading to a waste of resources without bringing commensurate benefits.
- Waste due to fluctuations: When work processes encounter unforeseen fluctuations, this can lead to the dispersion of resources and time, causing unnecessary waste.
- Waste due to storage: This is the consumption of storage space for documents, goods or data that are not used or needed, resulting in waste of physical resources and space.
- Waste due to movement: When there is a need to move assets, materials or manpower from one place to another without necessity, this can lead to wasted time, energy and transportation costs.
- Waste due to not using capacity properly: When employees or resources are not used properly or are not used optimally, this leads to wasting the potential of their capabilities and skills.
In order to limit waste affecting the budget and operating costs of the business, Ms. Huong said that we need to streamline the cost management processes in the organization. To do that, the accounting department from today needs to automate the working processes, a streamlined process will help Shorten document processing time however, it must always be fully in accordance with the Law on Accounting and the Law on Tax Administration.
Agreeing with Ms. Huong's share, Mr. Long explained that many businesses are currently facing difficulties in cost management with a very manual process: many paperwork, many processing steps, control. check and approve.
In order to automate processes effectively, we need to consider cost management solutions – solutions that any HR, accountant or manager can use.
Besides, the guests had the opportunity to interact and ask questions directly with the speakers of the program. After the troubleshooting session, answering questions with two experts, the guests partly found their answers to improve their accounting activities in the future.
Download the documents included in the program:
Webinar #2 brought specific knowledge and solutions for businesses to automate cost management processes, helping them be faster and more accurate in their daily work. This is an important step in improving the performance and efficiency of businesses.
As the organizer, Bizzi would like to thank the two speakers who participated in the program and all the guests who attended and contributed to the success of the event. Webinar String: Enterprises accelerate to break through the financial reporting season 2022 will continue with the 3rd issue through the topic: Measuring business health through financial indicators with the participation of Mr. Nguyen Hai Tam - Founder & CEO - Webketoan also holds many positions as chief accountant, tax consultant and management accountant for many businesses with more than 25 years of experience.
📌 Time: Sunday | November 20, 2022 19:00 - 20:30
>> Register now here: https://signup.bizzi.vn/baocaotaichinh2022?utm_source=blogrecapwbn2
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