On the morning of November 1, a go-live session with the participation of representatives of N KID Group parties, Bizzi and Yokogawa Votiva Solutions took place successfully. Bizzi announces the completion of the implementation and operation of the accounts payable invoice automation solution for NKID.
Since its establishment in 2009, N KID Group has constantly strived to become a pioneer and leading corporation in developing the only chain of centers - stores following the Education - Tri model for children in Vietnam. With a multi-field business model, N KID Group currently owns famous brands such as:
- tiNiWorld – The leading chain of educational playground systems for children in Vietnam
- tiNiStore – Retail chain of toys & supplies for all children
- tiNiToy – Toy brand of Vietnamese childhood
- tiNiPark – High-tech sports playground for older children from 12-14 years old
Exclusive distribution of famous global brands such as: Carter's – Number 1 children's fashion brand in the US and Gymboree Play & Music – The world's leading early education program, N KID Group affirms its position Leading position in Vietnam in shaping children's lifestyle.
Together with Microsoft Dynamics 365 and Bizzi, N KID Group marks a big step forward in the digital transformation process
In preparation for the development of its operating scale, N KID Group has invested strategically in the technology platform with the goal of streamlined, effective management based on data. BThe Microsoft Dynamics 365 Finance & Operation solution, integrated with Bizzi's Automatic Input Invoice Processing solution, has helped optimize the accounts payable invoice management process for the accounting and purchasing departments.
Invoices for purchasing goods and services are automatically checked for validity by the Bizzi software bot. Invoice risks from suppliers subject to warnings are automatically checked with orders and warehoused. Hence, Processing time is reduced to 80% time, data is updated quickly, reducing risks and errors due to data entry.
Mr. Thomas Joseph Vu Ngo, Chairman of the Board of Directors of N KID Group, said: “We are very excited to officially go-live the automation solution for the accounting and finance department. This solution will help us improve operational efficiency, save costs and minimize risks. We believe Bizzi and Microsoft Dynamics 365 will provide good support and improve N KID's operational efficiency.”
Mr. Nguyen Bao Nguyen, CTO & Co-founder of Bizzi said: "Thank N KID for trusting and cooperating with Bizzi on the digital transformation journey. In the project combined with Microsoft Dynamics 365, Bizzi brings AI to help N KID's financial accounting department automate the manual processing of each invoice and document. Through its accounts payable invoice automation solution, Bizzi will bring important value to N KID in general and the financial accounting department in particular.”
This project also marks the successful cooperation between Bizzi and Yokogawa Votiva Solutions - an important partner of Microsoft in the ASEAN region, demonstrating the flexible integration of Bizzi's solution with large ERP systems.
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