{"id":999962934,"date":"2023-02-07T17:38:02","date_gmt":"2023-02-07T10:38:02","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999962934"},"modified":"2026-06-03T23:40:57","modified_gmt":"2026-06-03T16:40:57","slug":"drilling-trends-to-pay-in-2023","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/drilling-trends-to-pay-in-2023\/","title":{"rendered":"Account Payable Trends in 2023\u00a0\u00a0"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Currently, Account Payable involves many parties with large amounts of data and many manual processes, so it is considered quite complicated. However, with the advent of new technologies and innovative solutions, the accounts payable administration process has changed significantly in recent years. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">In this article, Bizzi will cover the latest Account Payable trends for 2023 and how businesses can take advantage of these advances to streamline finance and accounting operations to increase efficiency. High productivity, optimized costs.\u00a0<\/span><\/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\/drilling-trends-to-pay-in-2023\/#Xu_huong_khoan_phai_tra_Account_Payable_moi_nhat_2023\" >Latest Account Payable trends 2023<\/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\/drilling-trends-to-pay-in-2023\/#Tu_dong_hoa_va_tri_tue_nhan_tao_AI\" >Automation and artificial intelligence (AI)\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\/drilling-trends-to-pay-in-2023\/#Tang_cuong_ap_dung_thanh_toan_dien_tu\" >Increasing adoption of electronic payments\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\/drilling-trends-to-pay-in-2023\/#Su_dung_phan_tich_du_lieu_va_bao_cao\" >Use data analytics and reporting<\/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\/drilling-trends-to-pay-in-2023\/#Quan_ly_chuoi_cung_ung\" >Supply chain management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bizzi.vn\/en\/drilling-trends-to-pay-in-2023\/#Tam_quan_trong_cua_bao_mat_du_lieu\" >The importance of data security<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bizzi.vn\/en\/drilling-trends-to-pay-in-2023\/#Ap_dung_cong_nghe_chuoi_khoi_%E2%80%93_Blockchain\" >Applying blockchain technology \u2013 Blockchain<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Xu_huong_khoan_phai_tra_Account_Payable_moi_nhat_2023\"><\/span>Latest Account Payable trends 2023<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Here are some of the top accounts payable trends in 2023:<\/span><\/p>\n<ul>\n<li>Automation and AI<\/li>\n<li>Increasing adoption of electronic payments<\/li>\n<li>Use data analytics and reporting<\/li>\n<li>The importance of data security<\/li>\n<li>Apply blockchain technology<\/li>\n<\/ul>\n<figure id=\"attachment_999962935\" aria-describedby=\"caption-attachment-999962935\" style=\"width: 1917px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-999962935 size-full\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/image3.png\" alt=\"Some top accounts payable trends in 2023\" width=\"1917\" height=\"1151\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/image3.png 1917w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/image3-300x180.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/image3-1024x615.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/image3-768x461.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/image3-1536x922.png 1536w\" sizes=\"(max-width: 1917px) 100vw, 1917px\" \/><figcaption id=\"caption-attachment-999962935\" class=\"wp-caption-text\">Some top accounts payable trends in 2023<\/figcaption><\/figure>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tu_dong_hoa_va_tri_tue_nhan_tao_AI\"><\/span><span style=\"color: #000000;\">Automation and artificial intelligence (AI)\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">One of the biggest trends in Account Payable for 2023 is increased use of automation and AI. Automated account settlement systems can streamline the process by reducing manual errors and increasing efficiency. AI algorithms can analyze invoices, identify patterns and anomalies, and make predictions based on previous data. This will help organizations save time, improve accuracy and reduce the risk of fraud.<\/span><\/p>\n<figure id=\"attachment_999962936\" aria-describedby=\"caption-attachment-999962936\" style=\"width: 3000px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-999962936 size-full\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/woman-touching-smart-technology-holographic-interface.png\" alt=\"Automation and artificial intelligence (AI)\u00a0\" width=\"3000\" height=\"2000\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/woman-touching-smart-technology-holographic-interface.png 3000w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/woman-touching-smart-technology-holographic-interface-300x200.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/woman-touching-smart-technology-holographic-interface-1024x683.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/woman-touching-smart-technology-holographic-interface-768x512.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/woman-touching-smart-technology-holographic-interface-1536x1024.png 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/woman-touching-smart-technology-holographic-interface-2048x1365.png 2048w\" sizes=\"(max-width: 3000px) 100vw, 3000px\" \/><figcaption id=\"caption-attachment-999962936\" class=\"wp-caption-text\">Automation and artificial intelligence (AI)<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">For example, AI-powered tools can be used to automatically process and reconcile invoices, which is often a manual and time-consuming process. By automating the process, organizations can reduce invoice processing time, improve accuracy, and eliminate manual errors.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tang_cuong_ap_dung_thanh_toan_dien_tu\"><\/span><span style=\"color: #000000;\">Increasing adoption of electronic payments\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Electronic payments are becoming more and more popular in the accounts payable process as they offer many benefits over traditional payment methods. Electronic payments can be made by various methods such as credit or debit cards, mobile payments and online banking, and can be processed faster and more securely than paper payments.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">In addition to the added convenience, speed, and security that come with electronic payments, they help reduce the risk of fraud and error, and provide businesses with enhanced visibility and control over their cash flow.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Su_dung_phan_tich_du_lieu_va_bao_cao\"><\/span><span style=\"color: #000000;\">Use data analytics and reporting<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Data analysis and reporting can help businesses better understand their payments process and identify areas for improvement. As PwC&#039;s report shows, 68% CFO recognizes the growth of this trend and is investing in analytics technology to gain a competitive position in the future. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">By analyzing data such as payment times, supplier performance, and trends in invoice volume and volume, businesses can identify bottlenecks and inefficiencies, and address them. Make informed decisions about their accounts payable strategy.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">To effectively leverage data analytics to improve and refine reporting in accounts payable, businesses may need to invest in data visualization and management tools and train their employees on analyze and interpret data.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Quan_ly_chuoi_cung_ung\"><\/span><span style=\"color: #000000;\"><b>Supply chain management<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Another accounts payable trend for 2023 is an increased focus on supply chain management. As organizations strive to optimize cash flow and reduce payment times, they are looking for ways to better manage their supply chains. This includes working closely with suppliers to understand their payment requirements, as well as exploring new payment methods that can help streamline the process.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Organizations can use electronic invoices to automate the receipt and approval of invoices. By digitizing invoices, organizations can reduce invoice processing time and improve the accuracy of payment information. This can help organizations better manage their cash flow and reduce payment times.<\/span><\/p>\n<p>&gt; See more: <a href=\"https:\/\/bizzi.vn\/phan-mem-xu-ly-hoa-don-tu-dong-dau-tien-tai-viet-nam\/\">The first automated invoice processing platform in Vietnam<\/a><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tam_quan_trong_cua_bao_mat_du_lieu\"><\/span><span style=\"color: #000000;\">The importance of data security<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">As businesses increasingly adopt technology to manage their AP processes, the importance of data security will continue to grow. Hackers and cybercriminals are constantly looking for ways to access sensitive financial data, and it&#039;s important for businesses to take steps to protect themselves from such financial disasters. In 2023, we could see enterprises invest in stronger cybersecurity measures to protect their AP data.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">With an increasing amount of sensitive financial information involved in the accounts payable process, organizations are placing more emphasis on data security and privacy. This includes protecting sensitive information, such as payment information, from unauthorized access and data breaches.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ap_dung_cong_nghe_chuoi_khoi_%E2%80%93_Blockchain\"><\/span><span style=\"color: #000000;\">Applying blockchain technology \u2013 Blockchain<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Blockchain has the potential to revolutionize the way businesses manage their Account Payable processes. By using a secure, decentralized ledger to track financial transactions, businesses can reduce the risk of fraud and error, while improving transparency in their AP processes. In 2023, we may see more businesses adopting blockchain technology in their AP processes.<\/span><\/p>\n<figure id=\"attachment_999969174\" aria-describedby=\"caption-attachment-999969174\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-999969174 size-full\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Ap-dung-cong-nghe-chuoi-khoi-Blockchain.jpg\" alt=\"Applying blockchain technology\" width=\"1024\" height=\"576\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Ap-dung-cong-nghe-chuoi-khoi-Blockchain.jpg 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Ap-dung-cong-nghe-chuoi-khoi-Blockchain-300x169.jpg 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Ap-dung-cong-nghe-chuoi-khoi-Blockchain-768x432.jpg 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Ap-dung-cong-nghe-chuoi-khoi-Blockchain-18x10.jpg 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-999969174\" class=\"wp-caption-text\">Applying blockchain technology \u2013 Blockchain<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">From the growing adoption of AI and ML (machine learning) technologies to the growing importance of data security, there are many exciting developments to look forward to in the AP world. <\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">By keeping up with these trends, embracing the latest technologies, and leveraging high-quality employee enhancement solutions like those Bizzi offers, businesses can hopefully optimize their processes. your AP program to improve cash flow and manage supplier relationships.<\/span><\/p>\n<p><strong>&gt; See more: <a href=\"https:\/\/bizzi.vn\/cfo-can-biet-gi-ve-chatgpt\/\">Global fever \u2013 ChatGPT<\/a><\/strong><\/p>\n<p><span style=\"color: #000000;\">With\u00a0<b>Bizzi \u2013 Cost control and management platform for businesses that helps manage payables<\/b>, with just a few taps you can\u00a0<b>easy lookup,<\/b>\u00a0<b>monitor and control debt\u00a0<\/b>per supplier invoice. Accountants only need to enter supplier and debt information, then select a supplier to be able to record debts automatically.\u00a0<\/span><\/p>\n<figure id=\"attachment_999962940\" aria-describedby=\"caption-attachment-999962940\" style=\"width: 6000px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-999962940 size-full\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Mockup.png\" alt=\"accounts payable - accounts payable trends\" width=\"6000\" height=\"3000\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Mockup.png 6000w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Mockup-300x150.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Mockup-1024x512.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Mockup-768x384.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Mockup-1536x768.png 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Mockup-2048x1024.png 2048w\" sizes=\"(max-width: 6000px) 100vw, 6000px\" \/><figcaption id=\"caption-attachment-999962940\" class=\"wp-caption-text\">Bizzi \u2013 Cost control and management platform for businesses that helps manage payables<\/figcaption><\/figure>\n<p><span style=\"color: #000000;\">Based on the automation platform of Machine Learning applications, Bizzi helps businesses automatically receive and store electronic invoices with a streamlined invoice loading and management process. Accountants can extract data that matches the accounting software and system they are using for reconciliation. In parallel with Bizzi, software\u00a0<b>Automatic payment due reminder<\/b>\u00a0of the business to the supplier\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;\">Bizzi&#039;s automation solution for processing incoming invoices along with the ability to manage payables to suppliers according to invoices can help accountants\u00a0<b>save up to 80% time<\/b>\u00a0compared to manual processing.\u00a0<\/span><\/p>\n<p>Above is the latest information about Account Payable trends in 2023. Hopefully the information Bizzi provides will be useful to you and your business!<\/p>\n<p><strong>Monitor\u00a0<a href=\"https:\/\/bizzi.vn\/?swcfpc=1\">Bizzi<\/a>\u00a0To quickly receive the latest information:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\">Facebook:\u00a0<a href=\"https:\/\/www.facebook.com\/bizzivietnam\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/www.facebook.com\/bizzivietnam<\/a><\/li>\n<li aria-level=\"1\">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 aria-level=\"1\">Youtube:\u00a0<a href=\"https:\/\/www.youtube.com\/@bizzivietnam\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/www.youtube.com\/@bizzivietnam<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Currently, Account Payable involves many parties with large amounts of data and many manual processes, so it should be\u2026<\/p>","protected":false},"author":37,"featured_media":999962937,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-999962934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962934","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\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/comments?post=999962934"}],"version-history":[{"count":1,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962934\/revisions"}],"predecessor-version":[{"id":999975110,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962934\/revisions\/999975110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999962937"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999962934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999962934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999962934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}