{"id":999962999,"date":"2023-02-24T18:22:28","date_gmt":"2023-02-24T11:22:28","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999962999"},"modified":"2026-06-03T23:40:55","modified_gmt":"2026-06-03T16:40:55","slug":"updated-2023-should-know-about-invoice-processing-process","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/updated-2023-should-know-about-invoice-processing-process\/","title":{"rendered":"Update 2023: Everything you should know about invoice processing"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Traditionally, employees manually enter data, analyze and reconcile invoices, tracking every step of the invoice processing process. Manual processing is time-consuming and prone to errors such as data entry errors, etc. However, there is now a better way to handle the accounts payable process thanks to AP solutions, Accountants were able to eliminate manual tasks while ensuring consistency and accuracy in workflow and invoice processing.<\/span><\/p>\n<p>Join Bizzi to learn about the invoice processing process!<\/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\/updated-2023-should-know-about-invoice-processing-process\/#Quy_trinh_xu_ly_hoa_don_la_gi\" >What is the invoice processing process?\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\/updated-2023-should-know-about-invoice-processing-process\/#Da_den_luc_tu_dong_hoa_quy_trinh_xu_ly_hoa_don\" >It&#039;s time to automate invoice processing\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\/updated-2023-should-know-about-invoice-processing-process\/#Tu_dong_hoa_la_chia_khoa_thanh_cong\" >Automation is the key to success<\/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\/updated-2023-should-know-about-invoice-processing-process\/#Bizzi_%E2%80%93_giai_phap_xu_ly_hoa_don_toan_dien_giai_quyet_%E2%80%9Cnoi_dau%E2%80%9D_nganh_ke_toan_%E2%80%93_tai_chinh\" >Bizzi - a comprehensive invoice processing solution to solve the &quot;pain&quot; of the accounting and finance industry<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bizzi.vn\/en\/updated-2023-should-know-about-invoice-processing-process\/#Tu_dong_nhan_va_luu_tru_hoa_don_dien_tu\" >Automatically receive and store electronic invoices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bizzi.vn\/en\/updated-2023-should-know-about-invoice-processing-process\/#Tu_dong_hoa_quy_trinh_xu_ly_hoa_don_bang_robot\" >Automate invoice processing with robots<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bizzi.vn\/en\/updated-2023-should-know-about-invoice-processing-process\/#Giai_phap_toan_dien_giup_giam_thieu_rui_ro_sai_sot_cho_ke_toan\" >Comprehensive solution to reduce the risk of accounting errors\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/bizzi.vn\/en\/updated-2023-should-know-about-invoice-processing-process\/#Trich_xuat_du_lieu_de_chuyen_sang_phan_mem_ke_toan\" >Extract data to transfer to accounting software<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Quy_trinh_xu_ly_hoa_don_la_gi\"><\/span><span style=\"color: #000000;\">What is the invoice processing process?\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">To explain what the invoice processing process is, we need to understand that the invoice processing process is not the same in every business. It includes a system of analysis and internal control work to prevent unauthorized payments maintain good accounts payable process.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">This internal control system starts from receiving the input invoice and checking the information fields on the invoice. Most companies perform a 2-way or 3-way reconciliation process to verify invoices against POs and fulfill payment orders. For example, invoice details such as quantity, price, date and other details, must match the information on the purchase order.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">As you can see, manual monitoring of all these processes takes time. However, with a payables management solution, you can free your employees from tedious tasks and allow them to focus on productive professional tasks that add value to the organization.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Da_den_luc_tu_dong_hoa_quy_trinh_xu_ly_hoa_don\"><\/span><span style=\"color: #000000;\">It&#039;s time <a href=\"https:\/\/bizzi.vn\/toi-uu-quy-trinh-xu-ly-tu-dong-hoa-don-dau-vao\/\">Automate the invoice processing process<\/a>\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">In the long run, automated invoice processing offers many benefits to you that are different from slow manual invoice processing that affects the efficiency of the payables management process.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Increase transparency for the entire process by streamlining invoice processing and approvals towards automation. Thanks to that, all data is displayed fully and accurately right on a centralized system:\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #000000;\">Electronic invoices are sent directly to the receipt email, which connects to the platform portal so the data is analyzed in an automated environment.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #000000;\">Most AP part platforms have two-way and three-way collation mechanisms. This mechanism enhances invoice processing speed.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #000000;\">Since everything is automated, visibility is better with improved data consistency.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #000000;\">The AP solution saves you from having to worry about fraud.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #000000;\">Can cut costs and processing time.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; color: #000000;\">The overall efficiency and productivity of the AP team increased significantly.\u00a0<\/span><\/li>\n<\/ul>\n<figure id=\"attachment_999970850\" aria-describedby=\"caption-attachment-999970850\" style=\"width: 1600px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-999970850\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Quy-trinh-xu-ly-hoa-don.jpg\" alt=\"What is the invoice processing process?\" width=\"1600\" height=\"900\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Quy-trinh-xu-ly-hoa-don.jpg 1600w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Quy-trinh-xu-ly-hoa-don-300x169.jpg 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Quy-trinh-xu-ly-hoa-don-1024x576.jpg 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Quy-trinh-xu-ly-hoa-don-768x432.jpg 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Quy-trinh-xu-ly-hoa-don-1536x864.jpg 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/Quy-trinh-xu-ly-hoa-don-18x10.jpg 18w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><figcaption id=\"caption-attachment-999970850\" class=\"wp-caption-text\">What is the invoice processing process?<\/figcaption><\/figure>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tu_dong_hoa_la_chia_khoa_thanh_cong\"><\/span><span style=\"color: #000000;\"><b>Automation is the key to success<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Manual invoice processing causes inefficiencies that severely impact your company&#039;s bottom line. When the <a href=\"https:\/\/bizzi.vn\/xu-huong-khoan-phai-tra-trong-2023\/\">Accounts Payable Management Process<\/a> Still manual, invoice processing and reconciliation can take up to several days negatively impacting departmental performance and the overall financial performance of the business. Therefore, automation is the key to success.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Process automation gives businesses great control. With invoice processing with a payables management solution, it&#039;s easier to keep track of them in short processing times.\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Bizzi_%E2%80%93_giai_phap_xu_ly_hoa_don_toan_dien_giai_quyet_%E2%80%9Cnoi_dau%E2%80%9D_nganh_ke_toan_%E2%80%93_tai_chinh\"><\/span><span style=\"color: #000000;\"><b>Bizzi - a comprehensive invoice processing solution to solve the &quot;pain&quot; of the accounting and finance industry<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tu_dong_nhan_va_luu_tru_hoa_don_dien_tu\"><\/span><span style=\"color: #000000;\"><b>Automatically receive and store electronic invoices<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Previously, emails used for processing and storing input invoices were usually from accountants, which caused many problems for businesses such as limited storage system, no information security. , difficult to find, retrieve old information or typically leave employees, making it difficult to find data of old invoices.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Bizzi provides each business with a unique email address. Bizzi bot has been trained to automatically retrieve invoices to the platform for processing, accounting does not have to intervene manually. Electronic invoices are stored in one place with a visually displayed list.\u00a0<\/span><\/p>\n<figure id=\"attachment_999962947\" aria-describedby=\"caption-attachment-999962947\" style=\"width: 560px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-999962947\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/IPA-1-300x165.png\" alt=\"invoice processing process\" width=\"560\" height=\"308\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/IPA-1-300x165.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/IPA-1-1024x563.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/IPA-1-768x422.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2023\/02\/IPA-1.png 1110w\" sizes=\"(max-width: 560px) 100vw, 560px\" \/><figcaption id=\"caption-attachment-999962947\" class=\"wp-caption-text\">Bizzi - a comprehensive invoice processing solution to solve the &quot;pain&quot; of the accounting and finance industry<\/figcaption><\/figure>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tu_dong_hoa_quy_trinh_xu_ly_hoa_don_bang_robot\"><\/span><span style=\"color: #000000;\"><b>Automate invoice processing with robots<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">App Bizzi provides invoice processing solutions through the application of AI technology and robotic process automation (RPA). Bizzi&#039;s platform can be integrated with existing accounting solutions, and connects suppliers and customers to automate financial processes such as checks, reconciliations, bill payments, etc.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">At the same time, Bizzi provides each company with a separate and unique email address, Bizzi bot automatically downloads invoices to the platform for processing after checking Bizzi automatically announces the results, accountants only need to see the results. The results are displayed and then a review decision is made without any other manual action.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Giai_phap_toan_dien_giup_giam_thieu_rui_ro_sai_sot_cho_ke_toan\"><\/span><span style=\"color: #000000;\"><b>Comprehensive solution to reduce the risk of accounting errors\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Manual invoice processing not only takes time, but also causes many errors, especially tax risks. As a result, many businesses have to pay quite expensive &quot;prices&quot; for their mistakes.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">With Bizzi, the input electronic invoice is automatically checked and authenticated by the system with different criteria to ensure its validity such as: electronic signature, tax code, supplier information, etc. is a big step forward for companies to eliminate the risk of fake invoices due to the absence of signature checker software for peace of mind in terms of data security and accuracy.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Especially, Bizzi is a tool to help companies reduce errors, increase the productivity of accountants, each electronic invoice is processed in just a few seconds.\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Trich_xuat_du_lieu_de_chuyen_sang_phan_mem_ke_toan\"><\/span><span style=\"color: #000000;\"><b>Extract data to transfer to accounting software<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Bizzi supports businesses in automating the process of receiving and storing electronic invoices with quick time in just a few notes. At the same time, the platform also allows users to automatically extract data suitable for each business&#039;s accounting software.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Bizzi automatically processes e-invoices and extracts data into an excel file in accordance with the accounting software the company is using to support data entry. In addition, electronic invoices are stored on Bizzi with a visual display list, allowing accountants to search by many different criteria such as supplier, invoice date, invoice number, tax code, etc.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Bizzi&#039;s robotics and machine learning process automation technology helps reduce 80% invoice processing time and 50% processing costs, while increasing transparency and tax compliance. Bizzi contributes to accelerating digital adoption and digital transformation in the financial sectors with tangible and measurable benefits.<\/span><\/p>\n<figure id=\"attachment_999973516\" aria-describedby=\"caption-attachment-999973516\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-999973516\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2024\/06\/Quan-ly-chi-phi-trong-doanh-nghiep-cung-Bizzi.png\" alt=\"Manage business costs with Bizzi\" width=\"1200\" height=\"675\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2024\/06\/Quan-ly-chi-phi-trong-doanh-nghiep-cung-Bizzi.png 1200w, https:\/\/bizzi.vn\/wp-content\/uploads\/2024\/06\/Quan-ly-chi-phi-trong-doanh-nghiep-cung-Bizzi-300x169.png 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2024\/06\/Quan-ly-chi-phi-trong-doanh-nghiep-cung-Bizzi-1024x576.png 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2024\/06\/Quan-ly-chi-phi-trong-doanh-nghiep-cung-Bizzi-768x432.png 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2024\/06\/Quan-ly-chi-phi-trong-doanh-nghiep-cung-Bizzi-18x10.png 18w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-999973516\" class=\"wp-caption-text\">Manage business costs with Bizzi<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; color: #000000;\">Businesses can register to experience Bizzi&#039;s products today!<\/span><\/p>\n<p><strong>Monitor <a href=\"https:\/\/bizzi.vn\/\">Bizzi<\/a>\u00a0To quickly receive the latest information:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\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>\n<p style=\"text-align: justify;\">","protected":false},"excerpt":{"rendered":"<p>Traditionally, employees manually enter data, analyze and reconcile invoices, tracking every step of the process\u2026<\/p>","protected":false},"author":37,"featured_media":999963000,"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-999962999","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\/999962999","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=999962999"}],"version-history":[{"count":3,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962999\/revisions"}],"predecessor-version":[{"id":999973521,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999962999\/revisions\/999973521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999963000"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999962999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999962999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999962999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}