The reality of cost management is always an issue that every business, large or small, is concerned about and placed on top priority. However, not all businesses do this well. So does the business have effective cost management?
Or what kind of solution does a business need to manage costs in the most optimal way? Maybe the Bizzi Expense application can help businesses solve this problem!
Let's follow Bizzi's following article!
1. Current status of cost management in businesses
Cost management is always an issue that every business, large or small, is concerned about and placed on top priority. However, not all businesses do this well.
Specifically, startup businesses have limited human resources and do not have a specialized accounting department. Controlling expenses is extremely important but often receives little attention. Expenditure bills are not collected for systematic processing.
For large enterprises, although they have potential in terms of resources and human resources, The boss lives far away from the employee Unable to strictly control revenue and expenditure activities, process and approve invoices.
Communicate with the person making the request for costs It's easy to get lost or missing invoices, and waste time making payment requests or there will be cases The seller "forgot" to send the invoice lAt this point, the person making the proposal cannot synthesize it as evidence.
For accounting It takes time to check invoices and enter data manually. Cases that give accountants headaches include: Invalid invoices, wrong supplier information, duplicate invoices In particular, managing a business's spending activities is extremely time-consuming when necessary Processed entirely manually.
2. Manage expenses effectively with the Bizzi Expense application
Bizzi - Vietnam's leading comprehensive and comprehensive invoice processing software officially launched Bizzi Expense application. With a solution to digitize the cost management process suitable for all businesses of all sizes, Bizzi Expense meets the needs of effective cost management for the whole business.
- The boss or employee who goes to receive guests or business wants to manage bills
- Request for advance/refund/payment when expenses arise
- Employees need to approve expenses to pay for goods and services
- Need quick approval but boss is not at the company
With just a few simple clicks, with Bizzi Expense all the complex processes of managing, controlling costs and creating a payment offer have become easier thanks to outstanding benefits:
- MANAGE COSTS IN ONE PLACE: Automatically remind if the invoice has not been received, not afraid of forgetting or missing expenses.
- AUTOMATICALLY READING ELECTRONIC BILLS: No need to enter boring manual data, Bizzi Bots automatically checks and reconciles the validity of invoices.
- SEND PAYING PROPOSAL WITH ONE TOUCH: Automatically export expense list and summarize invoices to send to accountants.
3. Bizzi Expense: Easy process – the whole village is free
Bizzi Expenses is an expense management process digitalization solution suitable for businesses of all sizes. With Bizzi Expense, creating, managing expenses, making payment requests and remote approvals is simple and easy with just a few clicks.
For employees: Bizzi supports the cost creation process and offers quick approval of costs to superiors. With Bizzi checking and storing invoices, you don't need to worry about missing, lost, or incorrect invoice information.
For management level: Easily approve work reports for employees anytime, anywhere via computer or phone. At the same time, thanks to Bizzi Expense, management levels can also easily control costs in real time with a realtime reporting system, automatically notifying the progress of the approval process.
For accountants: Bizzi Expense is a powerful assistant for accountants that helps simplify and automate the expense approval process, control and manage costs by department, and reduce the risk of invalid invoices. In particular, Bizzi Expense supports centralized, complete invoice management with payment requests to help accountants easily check and manage.
With outstanding advantages, Bizzi Expense is an effective expense management application to help businesses save 80% time Process invoices and approve expenses anytime, anywhere via mobile.
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