Imexpharm Pharmaceutical Joint Stock Company, Vietnam's leading generic drug manufacturer, and Bizzi Vietnam Co., Ltd. have officially launched the project of Automating input invoice processing and integrating the solution with the SAP ERP system. . This is an important step marking Imexpharm's digital transformation journey, aiming to improve operational efficiency and affirm its leading position in the pharmaceutical industry.
Imexpharm – 47 years of pioneering for public health
After more than 47 years of establishment and development, Imexpharm has affirmed its position as the leading manufacturer of high-quality generic drugs in Vietnam. Famous for its antibiotic lines trusted by professionals, Imexpharm always strives to provide patients with quality, safe and effective products, contributing to improving community health.
With the business philosophy "1,000 years later, the lotus will still bloom..." and the mindset "business goes hand in hand with serving society", Imexpharm is committed to constantly developing and innovating to meet the increasing needs of the market. school and bring good values to society.
Digital transformation: Improve operational efficiency with automatic invoice processing
In order to improve operational efficiency and keep up with digital transformation trends in the pharmaceutical industry, Imexpharm has chosen to cooperate with Bizzi, Vietnam's leading accounts payable automation solution provider. Bizzi solution will help Imexpharm:
- 100% automates the invoice processing process: Identify, extract data and classify invoices automatically, minimizing errors and saving time for the accounting department.
- Integration with SAP ERP system: Seamless connection with Imexpharm's current business management system, helping data to be stored and managed centrally and synchronously.
- Improve the efficiency of the accounting and finance team: Minimize the burden of manual work, allowing the accounting department to focus on higher-value work.
- Cost optimization: Save operating costs, minimize the risk of loss due to errors in invoice processing.
- Improve data retrieval capabilities: Easily look up, control and analyze invoice data, supporting management in making wise decisions.
An important step in the digital transformation journey
The cooperation project with Bizzi marks an important step in Imexpharm's digital transformation journey. Applying Bizzi automation solution will help Imexpharm:
- Improve operational efficiency, save time and costs.
- Increase transparency and accuracy of financial data.
- Improve the management and decision-making ability of the board of directors.
- Strengthening the leading position in Vietnam's pharmaceutical industry.
Imexpharm representative, Mr. Ho Thach Hau shared: "Imexpharm is always a pioneer in applying new technology to improve operational efficiency. We believe that the cooperation with Bizzi will help Imexpharm optimize the invoice processing process, improve financial management efficiency and contribute to increasing competitive advantage in the potential pharmaceutical market."
Ms. Chan Tran, representative of the Bizzi team, said "Bizzi is very honored to accompany Imexpharm in the digital transformation journey. We are committed to providing optimal solutions, helping Imexpharm automate the invoice processing process effectively, contributing to Imexpharm's success.”
With this cooperation, Imexpharm and Bizzi believe they will create positive values together, contributing to the development of Vietnam's pharmaceutical industry.
Bizzi – Comprehensive invoice processing solution that solves the "pain" of the accounting and finance industry
Automatically receive and store electronic invoices
- Give each business a unique email address.
- Bizzi bot automatically collects invoices and puts them into a platform for processing.
- Electronic invoices are stored in a single place with an intuitive display list for easy management and access.
Automate invoice processing with robots
- Bizzi bot checks the reasonableness and validity of invoices
- Criteria checked: electronic signature, tax code, supplier information and many other factors
- Automatically return results and report errors when invoices are invalid or have incorrect information
Automatically intelligent 3-way comparison: Invoices - Orders - Warehouse receipts
- Smart 3-way collation with more accuracy than 99%.
- Handle all reconciliation cases on the system: 1PO – 1INV – 1GR; 1PO – nINV – nGR; nPO – 1INV – nGR; nPO – nINV – nGR
- Detect deviations quickly and improve data accuracy.
- Automatically get PO number from invoice/email from supplier/invoice file.
Extract data to transfer to accounting software
Automatically processing electronic invoices and extracting data to Excel files is completely compatible with the accounting software the company is using to support the data entry process.
Easy integration with ERP systems: SAP, Oracle Netsuite, Odoo, Microsoft Dynamics 365,...
Bizzi's Invoice Processing solution is flexible and easily configurable to fit your existing ERP system and accounting processes.
Contact our team today to sign up for a free trial and discover how Bizzi can help you optimize your accounts payable invoice management process.
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