Every year, businesses in general and SMEs in particular face the challenge of managing expenditures from operations to managing invoices for administrative procedure costs, departmental costs, per diems, and expenses. Personnel travel,...
In particular, the most worrying factor here is the invoice processing and expenditure management activities where just a little "neglect" will cause risks, causing unnecessary losses in the business. . The problem for businesses is to effectively balance business development activities and risks related to financial and tax reports.
With the mission of simplifying and digitizing the financial activities of businesses, the digital platform for streamlined cost management for businesses - Bizzi has taken solid pioneering steps to encourage businesses to digitally transform. At the same time, promote the process of automating financial accounting.
Accounting consulting service trusts to choose Bizzi - "Effective assistant - less extreme accounting"
HAS is one of the typical companies in the field of accounting. Before using Bizzi, HAS also faced the question of how to simplify the approval process and manage costs. Challenges include:
- Waiting for approval of payment request for too long: Traditional approval processes are often lengthy, making cash flow management difficult and leading to delays in business operations.
- Employees go on business trips with the mindset of "Keep your invoices carefully": Employees always have to worry about preserving invoices throughout their work to avoid loss or damage, causing unnecessary pressure and inconvenience.
- The accountant is fed up with the story "where's the bill?": Lost or incomplete invoices increase the workload for accountants in tracing and checking, affecting productivity and morale.
- Boss hard to understand real-time expense reports: The inability to update costs instantly makes it difficult for managers to monitor and adjust business strategies.
- Invoices and documents piled up, finding storage difficult: Managing documents manually is not only time-consuming but also carries the risk of losing or damaging important documents.
Since applying Bizzi to the cost management process, HAS has solved many difficulties. Businesses have saved up to 80% in time for the process of creating and approving payment requests. At the same time, reduce the risks of lost or missed invoices, which can affect employees, accountants and bosses. Bizzi not only helps HAS optimize work processes but also improve cost management efficiency, helping businesses focus on core activities and sustainable development.
Retail chains successfully apply Bizzi for automated invoice processing and digitization of cost management
GS25 - Korea's leading convenience chain in Vietnam and Guardian - a retail chain of health care & beauty products alongside other brands such as Circle K, Phamarcity, Mega Market, Family Mart, Ikea, HSV Group, ... has successfully applied Bizzi - a cost management platform for businesses to automate the operations of the financial accounting team.
- GS25: This convenience store chain has "relieved the burden" and optimized performance when only 1 employee with Bizzi can handle the workload of 3 - 4 people. This helps triple accounting efficiency, while minimizing risks and costs related to managing invoices and documents.
- Guardian: Guardian's accounting team has successfully applied Bizzi to operate daily operations smoothly. Bizzi helps reduce "meaningless" tasks, thereby reducing business processing time and controlling costs more effectively. Thanks to this, Guardian can focus on providing better service to customers.
In addition to GS25 and Guardian, brands such as Circle K, Phamarcity, Mega Market, Family Mart, Ikea, HSV Group also recorded significant improvements in expense and invoice management when using Bizzi. Automating the accounting process not only helps reduce manual workload but also improves accuracy and efficiency in financial management, creating conditions for businesses to grow stronger in a competitive market. painting.
Effective right hand for all businesses – With Bizzi, everyone is easy!
Bizzi officially "launched" the Vietnamese business community from September 2019. With a solution to automate bill processing using AI artificial intelligence and process automation using RPA robots, Bizzi has become the name mentioned as an effective right-hand man for the accounting team in the community. Vietnamese businesses thanks to touching the "pain" of companies in invoice processing and cost management.
Outstanding features of Bizzi:
- Automate 95% invoices: Minimize manual processing rates, allowing accounting staff to focus on more important tasks.
- Reduced invoice processing costs by 80%: From 6,000 to 2,000 VND, significant savings for businesses.
- Manage costs and payment deadlines in real time: Helps managers have a comprehensive view and promptly adjust financial strategies.
- Automatically reconcile invoices: Easily track and check important information such as company name, tax code, address,...
- Invoice processing time is quick: Only takes 1-2 seconds/invoice, improves working efficiency.
- Minimize repetitive tasks: Data entry, checking, and comparison become faster.
- Fix incorrect data input error: Increase accuracy and reliability in financial data.
- Store invoices easily: Solve the worry of lost/misplaced/damaged invoices, ensuring document integrity.
- Simplify the job of requesting payment: Just 2 clicks, save time and effort.
- Approve payment offers anytime, anywhere: Instantly via mobile, increasing flexibility for managers.
The future of financial accounting automation
With the continuous development of technology, the future of automation in the finance and accounting industry is extremely bright and promising. Advances in artificial intelligence (AI), machine learning, and process automation (RPA) will open up new opportunities for improving performance and quality in this field.
One of the trends that will continue to grow is the complete automation of accounting processes from start to finish. Instead of just focusing on specific steps such as processing invoices or checking figures, automation systems will be able to automatically perform the entire accounting process, from data collection to report creation. financial statements.
In addition, the development of artificial intelligence and machine learning will also help enhance prediction and analysis capabilities in the field of finance and accounting. AI systems can analyze big data and make predictions about financial trends, helping businesses make smart and effective business decisions.
From invoice processing to financial forecasting, automation will become an integral part of every business in the future.
Bizzi – a trusted partner of Vietnamese businesses
Bizzi has affirmed its position as a trusted partner of Vietnamese businesses in automating accounting and financial processes. With advanced solutions and high flexibility, Bizzi has been helping thousands of businesses save time, reduce costs and increase productivity.
Bizzi not only provides automation solutions for invoice processing but also assists businesses in managing expenses, creating payment proposals, and generating financial reports. At the same time, Bizzi also brings transparency and compliance with financial standards, helping businesses increase their ability to effectively control and manage finances.
In particular, Bizzi is not only an automation tool but also a companion partner, always listening and quickly responding to customer needs and requests. Bizzi's team of financial and technical experts are always happy to support and advise businesses on how to optimize their accounting and finance processes.
For Vietnamese businesses, Bizzi is not only a tool but also a companion, helping them overcome all challenges and develop sustainably in an increasingly competitive business environment.
In short, Bizzi is not only an automation tool but also a trusted partner of Vietnamese businesses, helping them optimize accounting and financial processes, increase work efficiency and ensure transparency. transparency and compliance with financial standards. With the mission of making accounting simpler and more effective, Bizzi continues to develop and improve to meet the needs of every business in financial accounting automation.
Businesses can register to experience Bizzi's products today!
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