{"id":999958903,"date":"2021-04-02T14:21:06","date_gmt":"2021-04-02T07:21:06","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999958903"},"modified":"2026-06-09T13:45:54","modified_gmt":"2026-06-09T06:45:54","slug":"automated-invoice-processing-startup-receives-capital-from-500-startups","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/automated-invoice-processing-startup-receives-capital-from-500-startups\/","title":{"rendered":"The startup processes invoices and automatically calls for capital from 500 Startups Vietnam"},"content":{"rendered":"<p style=\"text-align: justify;\" data-sourcepos=\"3:1-3:456\">Bizzi, a Vietnamese startup providing automatic invoice processing solutions based on machine learning, has just made a strong impression when it successfully called for investment capital from venture capital fund 500 Startups Vietnam.<\/p>\n<p style=\"text-align: justify;\" data-sourcepos=\"3:1-3:456\">Although the amount of seed round investment capital was not disclosed, this event marks an important turning point in Bizzi&#039;s development journey, affirming the potential and ability of this startup to make a breakthrough in the field of financial technology. . The company was founded by CEO Nghia Vu and CTO Nguyen Nguyen. Both founders have long-term experience in global corporations such as Unilever, GlaxoSmithKline, Rocket Internet...<\/p>\n<p style=\"text-align: justify;\" data-sourcepos=\"5:1-5:442\">500 Startups Vietnam is a globally famous venture capital fund with the mission of empowering talented founders. Since its establishment in 2010, the fund has invested capital in thousands of startups in more than 74 countries, contributing to creating resounding successes. 500 Startups Vietnam&#039;s investment portfolio includes famous names such as Twilio, Credit Karma, Grab, Carousell and Wildfire (acquired by Google).<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bizzi.vn\/en\/automated-invoice-processing-startup-receives-capital-from-500-startups\/#Nhu_cau_thi_truong_va_giai_phap_xu_ly_hoa_don_tu_dong_cua_Bizzi\" >Market demand and Bizzi&#039;s automated invoice processing solution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bizzi.vn\/en\/automated-invoice-processing-startup-receives-capital-from-500-startups\/#Uu_diem_cua_giai_phap_Bizzi\" >Advantages of Bizzi solution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bizzi.vn\/en\/automated-invoice-processing-startup-receives-capital-from-500-startups\/#Thanh_tuu_va_tiem_nang_phat_trien\" >Achievements and development potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bizzi.vn\/en\/automated-invoice-processing-startup-receives-capital-from-500-startups\/#Vong_goi_von_thanh_cong_va_y_nghia\" >Successful and meaningful capital raising round<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-sourcepos=\"9:1-9:49\"><span class=\"ez-toc-section\" id=\"Nhu_cau_thi_truong_va_giai_phap_xu_ly_hoa_don_tu_dong_cua_Bizzi\"><\/span>Market needs and solutions <a href=\"https:\/\/bizzi.vn\/xu-ly-hoa-don\/\">Automated invoice processing<\/a> by Bizzi<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-sourcepos=\"11:1-11:260\"><strong>Manage electronic invoices<\/strong> is a painful problem for many businesses, especially SME businesses. Manually processing hundreds or even thousands of invoices each month takes a lot of time and manpower, and carries a high risk of errors.<\/p>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"3\" align=\"center\" data-widget=\"obj\">\n<tbody>\n<tr>\n<td>\n<p><figure style=\"width: 749px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/i-startup.vnecdn.net\/2020\/05\/25\/Invoice-Listing-1024x576-5561-1590413452.png\" alt=\"The Bizzi system helps users easily manage invoices with invoice number data, issuance date, supplier, amount, status... clearly displayed.\" width=\"749\" height=\"421\" data-natural-h=\"421\" data-natural-width=\"749\" data-width=\"749\" data-pwidth=\"660\" data-natural- data- title=\"\"><figcaption class=\"wp-caption-text\">The Bizzi system helps users easily manage invoices with invoice number data, issuance date, supplier, amount, status... clearly displayed.<\/figcaption><\/figure><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p data-sourcepos=\"13:1-13:154\"><strong>Bizzi<\/strong> was born to solve this problem by providing solutions <strong>automation<\/strong> entire electronic invoice processing process. The Bizzi Platform can:<\/p>\n<ul data-sourcepos=\"15:1-20:0\">\n<li data-sourcepos=\"15:1-15:120\"><strong>Automatically received<\/strong>: Bizzi provides each business with a separate email address to receive electronic invoices from suppliers.<\/li>\n<li data-sourcepos=\"16:1-16:188\"><strong>Automatic data extraction<\/strong>: Bizzi uses machine learning technology to automatically extract important information from invoices such as invoice number, date, supplier, amount, tax code...<\/li>\n<li data-sourcepos=\"17:1-17:91\"><strong>Store invoices<\/strong>: Bizzi stores electronic invoices securely, scientifically and easily.<\/li>\n<li data-sourcepos=\"18:1-18:122\"><strong>Checking for validity<\/strong>: Bizzi automatically checks the validity of electronic invoices based on tax authority criteria.<\/li>\n<li data-sourcepos=\"19:1-20:0\"><strong>Connect to accounting software<\/strong>: Bizzi can connect with popular accounting software to automatically synchronize invoice data.<\/li>\n<\/ul>\n<h2 data-sourcepos=\"21:1-21:35\"><span class=\"ez-toc-section\" id=\"Uu_diem_cua_giai_phap_Bizzi\"><\/span>Advantages of Bizzi solution<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul data-sourcepos=\"23:1-27:0\">\n<li data-sourcepos=\"23:1-23:125\"><strong>Save time<\/strong>: Bizzi helps businesses save 80% time in processing electronic invoices compared to manual methods.<\/li>\n<li data-sourcepos=\"24:1-24:93\"><strong>Cut the cost<\/strong>: Bizzi helps businesses reduce human resources costs and invoice management costs.<\/li>\n<li data-sourcepos=\"25:1-25:102\"><strong>Increase quality<\/strong>: Bizzi helps improve financial management efficiency, reduce errors and risks.<\/li>\n<li data-sourcepos=\"26:1-27:0\"><strong>Easy to use<\/strong>: Bizzi interface is simple, easy to use, suitable for all types of users.<\/li>\n<\/ul>\n<figure style=\"width: 2400px\" class=\"wp-caption alignnone\"><img decoding=\"async\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2021\/03\/mockup-macbook_bizzi-min.png\" sizes=\"(max-width: 2400px) 100vw, 2400px\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2021\/03\/mockup-macbook_bizzi-min.png 2400w, https:\/\/bizzi.vn\/wp-content\/uploads\/2021\/03\/mockup-macbook_bizzi-min-300x185.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2021\/03\/mockup-macbook_bizzi-min-1024x630.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2021\/03\/mockup-macbook_bizzi-min-768x472.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2021\/03\/mockup-macbook_bizzi-min-1536x945.png 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2021\/03\/mockup-macbook_bizzi-min-2048x1260.png 2048w\" alt=\"automatic invoice processing\" width=\"2400\" height=\"1476\" title=\"\"><figcaption class=\"wp-caption-text\">Automated invoice processing solution from Bizzi<\/figcaption><\/figure>\n<h2 data-sourcepos=\"28:1-28:41\"><span class=\"ez-toc-section\" id=\"Thanh_tuu_va_tiem_nang_phat_trien\"><\/span>Achievements and development potential<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-sourcepos=\"30:1-30:294\"><strong>Bizzi<\/strong> has been trusted by hundreds of businesses in many different fields such as DKSH Vietnam, 3A Nutritions, GS25... This startup has also received many prestigious awards such as First Prize of Ho Chi Minh City Creative Startup Competition 2020, Second Prize of the 2020 National Creative Startup Contest\u2026<\/p>\n<p data-sourcepos=\"32:1-32:238\">With <strong>&quot;electronic invoice&quot; market<\/strong> In an increasingly developing Vietnam, Bizzi possesses enormous development potential. This startup aims to become the leading electronic invoice management platform for SME businesses in Vietnam.<\/p>\n<h2 data-sourcepos=\"34:1-34:42\"><span class=\"ez-toc-section\" id=\"Vong_goi_von_thanh_cong_va_y_nghia\"><\/span>Successful and meaningful capital raising round<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-sourcepos=\"36:1-36:245\">The successful seed capital round from venture capital fund 500 Startups Vietnam is a testament to Bizzi&#039;s development potential. This investment will help Bizzi continue to develop technology, expand markets and improve competitiveness.<\/p>\n<figure style=\"width: 749px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/i-startup.vnecdn.net\/2020\/05\/25\/Invoice-Detail-2-1024x576-2827-1590413452.png\" alt=\"The platform also integrates the function of automatically checking and authenticating electronic invoices.\u00a0\" width=\"749\" height=\"421\" data-natural-h=\"421\" data-natural-width=\"749\" data-width=\"749\" data-pwidth=\"660\" data-natural- data- title=\"\"><figcaption class=\"wp-caption-text\">The platform also integrates the function of automatically checking and authenticating electronic invoices.<\/figcaption><\/figure>\n<p><strong>Bizzi<\/strong> Is one <strong>startup<\/strong> full of potential for solutions <strong>&quot;electronic bill&quot;<\/strong> Smart, effective. The successful capital call from 500 Startups Vietnam is an important stepping stone for Bizzi to conquer the market and carry out its mission of simplifying and digitizing financial activities for SME businesses in Vietnam.<\/p>\n<p><strong>Follow Bizzi to quickly receive the latest information:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Facebook:\u00a0<a href=\"https:\/\/www.facebook.com\/bizzivietnam\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/www.facebook.com\/bizzivietnam<\/a><\/li>\n<li>Linkedin:\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/bizzi-vietnam\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/www.linkedin.com\/company\/bizzi-vietnam<\/a><\/li>\n<li>Youtube:\u00a0<a href=\"https:\/\/www.youtube.com\/@bizzivietnam\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/www.youtube.com\/@bizzivietnam<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Bizzi, a Vietnamese startup providing automatic invoice processing solutions based on machine learning, has just impressed\u2026<\/p>","protected":false},"author":1,"featured_media":999957294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[67],"tags":[],"class_list":["post-999958903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-moi-ve-bizzi"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999958903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/comments?post=999958903"}],"version-history":[{"count":1,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999958903\/revisions"}],"predecessor-version":[{"id":999980959,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999958903\/revisions\/999980959"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999957294"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999958903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999958903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999958903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}