Bizzi Vietnam announced a partnership with YBA to provide a digital cost management solution for the business community

On the morning of August 26, at the Vietnam Startup Day 2022 event, Bizzi has just announced the cooperation with YBA - Ho Chi Minh City Young Entrepreneurs Association through the cooperation signing ceremony within the framework of the event. 

Under the framework of the cooperation agreement, Bizzi will assist in providing a digitized solution for lean cost management, simplifying and automating the process of creating and approving payment requests, refunds and advances to the community. YBA's business. 

Vu Trong Nghia, co-founder, CEO of Bizzi said, this signing event is a strong testament to the development of Bizzi - a typical young startup in technology, co-founder and CEO of Bizzi. This time marks an important milestone in the development of its digital solutions.

This signing ceremony is also a very important premise for the parties to cooperate closely and long-term on the basis of mutual support in implementing the Bizzi platform project to businesses. To 'kickstart' for the cooperation of the two sides, at the signing ceremony, the Bizzi platform project funding package worth 20 million VND for businesses under YBA was announced. 

The cooperation of the two sides is not only for helping businesses with digital transformation, but also for promoting the sustainable development of this organization's startup ecosystem. Thereby, the finance - accounting team of each business can easily and effectively manage and automate the company's financial processes such as checking, reconciliation, invoice payment, creating and approve expenses, payment proposals. 

Mr. Vu Trong Nghia shared, “Through this cooperation, the two units will work together to accelerate the speed of digital transformation, Bizzi will organize activities and programs to bring Bizzi's solutions closer to businesses, promoting the startup ecosystem..”

The actual assessment shows that, Bizzi is a pioneer in Vietnam to provide automated invoice processing and lean cost management solutions for businesses through the application of AI technology and process automation by RPA robots. Thereby, Bizzi helps organizations reduce 80% processing time and 50% invoice processing costs, while increasing transparency and tax compliance for businesses. Currently, Bizzi has been trusted and used by +1200 large enterprises and corporations such as Tiki, GS25, Circle K, PNJ, P&G, VNG, Grab, Ikea, Sabeco, Pharmacity, etc.

 

YBA is Ho Chi Minh City Young Entrepreneurs Association (YBA) is a professional organization of young Vietnamese Entrepreneurs in Ho Chi Minh City.

Bizzi is one of the typical young technology startups that are developing strongly, providing technology solutions for automating accounting and financial operations. Bizzi has successfully raised US$3 million in a Pre-Series A funding round led by Japan's leading FinTech/SaaS company Money Forward, with the participation of domestic venture capital fund Do Ventures and Do Ventures. previous round investor Qualgro from Singapore. Currently, Bizzi has been trusted and used by +1200 large enterprises and corporations such as Tiki, GS25, Circle K, PNJ, P&G, VNG, Grab, Ikea, Sabeco, Pharmacity, etc.

Learn more at: https://bizzi.vn 

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