{"id":999962670,"date":"2022-09-28T10:43:34","date_gmt":"2022-09-28T03:43:34","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999962670"},"modified":"2026-06-09T13:54:32","modified_gmt":"2026-06-09T06:54:32","slug":"top-5-challenges-in-the-fee-management-process","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/top-5-challenges-in-the-fee-management-process\/","title":{"rendered":"Top 5 challenges in the toll management process"},"content":{"rendered":"<p><span style=\"font-weight: 400; color: #000000;\">Per diem for each business is a necessary component and creates a lot of &quot;cost&quot; if you do not manage it strictly. The process of managing business expenses poses big challenges for businesses, especially small and medium-sized businesses, where budget spending is very tightly bound.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">In fact, CFOs of many large companies around the world widely recognize that effective cost management can create a source of competitive advantage for organizational growth. In this article, Bizzi will introduce to you the top 5 challenges in the per diem (T&amp;E) management process.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/blog.happay.com\/wp-content\/uploads\/2022\/08\/best-expense-management-software.webp\" alt=\"work\" width=\"958\" height=\"590\" title=\"\"><\/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\/top-5-challenges-in-the-fee-management-process\/#Qua_nhieu_quy_trinh_ruom_ra\" >Too many cumbersome processes\u00a0<\/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\/top-5-challenges-in-the-fee-management-process\/#Kha_nang_hoanung_phi_cham_tre\" >Ability to refund\/advance late fees\u00a0<\/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\/top-5-challenges-in-the-fee-management-process\/#Chinh_sach_khong_ro\" >Policy unknown\u00a0<\/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\/top-5-challenges-in-the-fee-management-process\/#Thieu_kha_nang_hien_thi_chi_tieu\" >Lack of spend visibility\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bizzi.vn\/en\/top-5-challenges-in-the-fee-management-process\/#Chi_phi_xu_ly_cao\" >High processing costs\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Qua_nhieu_quy_trinh_ruom_ra\"><\/span><span style=\"color: #000000;\"><b>Too many cumbersome processes\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400; color: #000000;\">When traveling employees incur business expenses as part of their job, employees, managers, and finance departments all want an expense process that is easy, fast, and efficient to manage. . For those using manual cost systems, capturing, recording and validating T&amp;E costs can be a cumbersome and awkward process. Retaining receipts, remembering what the expense policy covers, filling out expense claims, remembering what every transaction is for, not exceeding daily limits \u2013 all of these create problems. a challenge for business travelers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">According to Tallie, in 2019, up to 53% organizations had difficulty managing expenses due to employees losing invoices. Therefore, organizations must devote significant processing time to this.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Kha_nang_hoanung_phi_cham_tre\"><\/span><span style=\"color: #000000;\"><b>Ability to refund\/advance late fees\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400; color: #000000;\">Typically, employees will wait 2-3 weeks to be reimbursed for expenses advanced to the company. This slow processing comes from the fact that there are many items that need to be approved by managers or bosses before being sent to reimbursement accounting. This will certainly affect the productivity of the staff. In addition, employees who go on business trips forget receipts, lack invoices, and have to supplement other types of information, causing the fee refund time to be longer. This is exactly why automation is essential.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Using a tool like Bizzi Expense will not only ease the hands-on work for staff, but also improve process efficiency by solving the approval bottleneck. Furthermore, approvers will have the power to approve at any time from anywhere, which will ultimately speed up the process.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/peoplespheres.com\/wp-content\/uploads\/2021\/06\/expense.png-reduced.png\" alt=\"Bizzi Expense Management\" width=\"1354\" height=\"1005\" title=\"\"><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chinh_sach_khong_ro\"><\/span><span style=\"color: #000000;\"><b>Policy unknown\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400; color: #000000;\">With a lengthy per diem policy, it forces employees to understand every single thing. However, not everyone can understand everything in that policy. Instead, platform companies began simplifying policy chapters so that they were easier for employees to understand and follow. Categorize accepted costs to avoid policy violations, this helps the financial accounting team reduce unnecessary process load. With Bizzi Expense, you completely own an effective expense management platform with complete policy information. Employees can easily find relevant information when declaring expenses for reimbursement.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Thieu_kha_nang_hien_thi_chi_tieu\"><\/span><span style=\"color: #000000;\"><b>Lack of spend visibility\u00a0\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400; color: #000000;\">Businesses that use traditional expense management systems or manual ways to record and forecast company expenses encounter major obstacles in tracking and analyzing month-end spending data. A common complaint among their finance team \u2013 limited clarity around employee expenditures and how they are spent. Incomplete data retrieved for analysis leads to incorrect calculations and poor fund management. Reports sent to senior management were inaccurate. They end up making unwise decisions that leave no room for recognition and correction. Having expense management systems in place can make things easier for organizations \u2013 they are specifically designed with built-in features to capture employee spending, prepare real-time reports and provide detailed information on spending patterns. With it, there is no need to spend hours calculating and consulting different databases to create reports.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.sutisoft.com\/sutiexpense\/images\/spend-analytics.png\" alt=\"Business trip expenses\" width=\"852\" height=\"547\" title=\"\"><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chi_phi_xu_ly_cao\"><\/span><span style=\"color: #000000;\"><b>High processing costs\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Effective T&amp;E management is a delicate process, especially when your cost management approach is not yet digitized. Many organizations are stuck with outdated processing systems that focus only on improving their cost management methods with traditional methods. They use too much human effort at the input stage and cause team performance to decrease significantly. <\/span><span style=\"font-weight: 400;\">On average, manual expense processing costs three times more than what can be achieved with a fully automated expense management system. In addition, it can save 70% their time. This time can be utilized by employees to do other important work and increase work efficiency. It also improves work quality by reducing stress levels.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Abandon outdated systems and automate processes with a modern-day cost-effective solution like Bizzi that can increase workflow efficiency with the 80%. Furthermore, Bizzi comes with the Bizzi Expense mobile expense management solution that has industry-specific features that give users complete autonomy anytime, anywhere. With Bizzi, the boss can approve comfortably at any time, accountants are at ease, it&#039;s easy for everyone!\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-999962671 aligncenter\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2022\/09\/Social-7-300x300.png\" alt=\"\" width=\"575\" height=\"575\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2022\/09\/Social-7-300x300.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2022\/09\/Social-7-1024x1024.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2022\/09\/Social-7-150x150.png 150w, https:\/\/bizzi.vn\/wp-content\/uploads\/2022\/09\/Social-7-768x768.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2022\/09\/Social-7-1536x1536.png 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2022\/09\/Social-7-2048x2048.png 2048w\" sizes=\"(max-width: 575px) 100vw, 575px\" \/><\/p>\n<p><span style=\"color: #000000;\">Currently, Business Expense Management Platform - Bizzi has been trusted and used by +1200 enterprises and large corporations such as Tiki, GS25, Circle K, PNJ, P&amp;G, VNG, Grab, Ikea, Sabeco , Pharmacity,\u2026<\/span><\/p>\n<p><span style=\"color: #000000;\">Learn more at:\u00a0<a style=\"color: #000000;\" href=\"https:\/\/bizzi.vn\/\">https:\/\/bizzi.vn<\/a>\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\">Contact Info:\u00a0<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><span style=\"color: #000000;\">Hotline: 028 6275 0321\u00a0<\/span><\/li>\n<li aria-level=\"1\"><span style=\"color: #000000;\">Email:\u00a0contact@bizzi.vn<\/span><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Per diem for every business is a necessary component and creates a lot of &quot;cost&quot; if you do not manage it...<\/p>","protected":false},"author":1,"featured_media":999962672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[372],"tags":[],"class_list":["post-999962670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thanh-toan"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962670","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=999962670"}],"version-history":[{"count":1,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962670\/revisions"}],"predecessor-version":[{"id":999981021,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962670\/revisions\/999981021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999962672"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999962670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999962670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999962670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}