{"id":999979311,"date":"2025-12-01T10:21:46","date_gmt":"2025-12-01T03:21:46","guid":{"rendered":"https:\/\/bizzi.vn\/?p=999979311"},"modified":"2026-06-03T23:33:30","modified_gmt":"2026-06-03T16:33:30","slug":"what-is-finance-transformation","status":"publish","type":"post","link":"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/","title":{"rendered":"What is Finance Transformation? A comprehensive financial transformation roadmap for digital age CFOs"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In a rapidly changing market, escalating costs and increasingly looming financial risks, many CFOs are beginning to ask: <\/span><i><span style=\"font-weight: 400;\">\u201cIs simply cutting costs or optimizing current processes enough to keep the business safe and growing?\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">The answer is <\/span><b>Are not<\/b><span style=\"font-weight: 400;\">. The world&#039;s leading businesses are moving to a new model called <\/span><b>Finance Transformation<\/b><span style=\"font-weight: 400;\"> \u2014 a journey that helps the Finance department move from a \u201crecording \u2013 controlling\u201d role to a \u201cforecasting \u2013 leading strategy\u201d role.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Vietnam, this trend is strongly driven by financial automation platforms such as <\/span><b>Bizzi<\/b><span style=\"font-weight: 400;\"> and systems <a href=\"https:\/\/bizzi.vn\/epm-la-gi\/\">EPM<\/a> new generation. <\/span><span style=\"font-weight: 400;\">These tools unlock the potential for faster planning, more accurate forecasting, and decision-making based on real-time data.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Join Bizzi to learn what Finance Transformation is in the article below!<\/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\/what-is-finance-transformation\/#I_Vi_sao_cac_CFO_dang_noi_ve_Finance_Transformation\" >I. Why are CFOs talking about Finance Transformation?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#1_Ap_luc_ra_quyet_dinh_nhanh_hon_%E2%80%93_chinh_xac_hon\" >1. Pressure to make decisions faster and more accurately<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#2_Su_bung_no_cua_du_lieu_va_do_phuc_tap_cua_quy_trinh_tai_chinh\" >2. The explosion of data and the complexity of financial processes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#3_CFO_khong_chi_bao_ve_loi_nhuan_%E2%80%93_ma_phai_tao_ra_tang_truong\" >3. CFOs don&#039;t just protect profits \u2013 they create growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#4_Cong_nghe_dang_thay_doi_hoan_toan_vai_tro_tai_chinh\" >4. Technology is completely changing the role of finance<\/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\/what-is-finance-transformation\/#5_Cau_hoi_ma_CFO_nao_cung_phai_doi_dien\" >5. The question every CFO must face<\/a><\/li><\/ul><\/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\/what-is-finance-transformation\/#II_Finance_Transformation_la_gi\" >II. What is Finance Transformation?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#1_Dinh_nghia_Finance_Transformation_la_gi\" >1. What is the definition of Finance Transformation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#2_Ba_tru_cot_cot_loi_cua_Finance_Transformation\" >2. The three core pillars of Finance Transformation<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#Process_Transformation_%E2%80%93_Tai_thiet_quy_trinh_tai_chinh\" >Process Transformation \u2013 Financial Process Reengineering<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#Technology_Transformation_%E2%80%93_Cong_nghe_lam_nen_tang\" >Technology Transformation \u2013 Technology as the foundation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#People_Culture_Transformation_%E2%80%93_Tu_duy_ky_nang_moi\" >People &amp; Culture Transformation \u2013 New thinking &amp; skills<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#III_Loi_ich_cua_Finance_Transformation\" >III. Benefits of Finance Transformation<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#1_Cai_thien_ke_hoach_du_bao_Planning_Forecasting_Excellence\" >1. Planning &amp; Forecasting Excellence<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#11_Du_bao_chinh_xac_hon\" >1.1 More accurate forecasts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#12_Ra_quyet_dinh_nhanh_hon\" >1.2 Make decisions faster<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#13_Tang_kha_nang_thich_ung_Agility\" >1.3 Increase Agility<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#2_Toi_uu_von_luu_dong_Working_Capital_Optimization\" >2. Working Capital Optimization<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#21_Kiem_soat_cong_no_theo_thoi_gian_thuc\" >2.1 Real-time debt control<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#22_Giam_DSODPO\" >2.2 Reduce DSO\/DPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#23_Can_bang_dong_tien_hieu_qua\" >2.3 Effective cash flow balancing<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#3_Tang_gia_tri_co_dong_Shareholder_Value_Enhancement\" >3. Shareholder Value Enhancement<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#31_Bien_loi_nhuan_duoc_cai_thien\" >3.1 Improved profit margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#32_Du_lieu_minh_bach_hon_cho_nha_dau_tu\" >3.2 More transparent data for investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#33_ROI_cai_thien_nho_toi_uu_van_hanh\" >3.3 Improved ROI through operational optimization<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#4_Tang_tinh_tuan_thu_giam_rui_ro_Governance_Risk_Compliance\" >4. Increase compliance &amp; reduce risk (Governance, Risk &amp; Compliance)<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#41_Giam_gian_lan_va_that_thoat\" >4.1 Reduce fraud and loss<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#42_Chuan_hoa_du_lieu_theo_quy_dinh_Viet_Nam\" >4.2 Standardize data according to Vietnamese regulations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#43_Ho_tro_manh_cho_kiem_toan_noi_bo_va_kiem_toan_doc_lap\" >4.3 Strong support for internal audit and independent audit<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#IV_Lo_trinh_Finance_Transformation_Roadmap_cho_CFO\" >IV. Finance Transformation Roadmap (Roadmap for CFOs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#1_Danh_gia_hien_trang_tai_chinh_Current_State_Assessment\" >1. Current State Assessment<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#11_Kiem_tra_muc_do_tu_dong_hoa\" >1.1 Check the level of automation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#12_Danh_gia_do_phan_manh_du_lieu\" >1.2 Assess data fragmentation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#13_Do_muc_do_phu_thuoc_Excel\" >1.3 Measuring Excel Dependency<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#14_Xac_dinh_bottleneck_trong_dong_so_bao_cao\" >1.4 Identify bottlenecks in closing and reporting<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#2_Xay_dung_tam_nhin_tai_chinh_moi_Future-State_Vision\" >2. Building a new financial vision (Future-State Vision)<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#21_Vai_tro_chien_luoc_cua_CFO\" >2.1 The strategic role of the CFO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#22_Muc_tieu_cua_Finance_Transformation\" >2.2 Goals of Finance Transformation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#3_Uu_tien_Quick_Wins_3%E2%80%936_thang\" >3. Priority Quick Wins (3\u20136 months)<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#31_Tu_dong_hoa_quy_trinh_chi_phi_Expense_Automation\" >3.1 Expense Automation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#32_Doi_soat_hoa_don_%E2%80%93_PO_%E2%80%93_GR_3-Way_Matching\" >3.2 Invoice reconciliation \u2013 PO \u2013 GR (3-Way Matching)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#33_Giam_thoi_gian_dong_so\" >3.3 Reduce closing time<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#4_Dau_tu_vao_EPMFP_A_Giai_doan_chien_luoc\" >4. Investing in EPM\/FP&amp;A (Strategic Phase)<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#41_Ket_noi_ke_hoach_%E2%80%93_du_bao_%E2%80%93_thuc_te\" >4.1 Connecting planning \u2013 forecasting \u2013 reality<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-45\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#42_Tu_dong_hoa_lap_ngan_sach\" >4.2 Budgeting Automation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-46\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#43_Rolling_forecast_theo_thoi_gian_thuc\" >4.3 Rolling forecast in real time<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-47\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#5_Do_luong_ROI_Measure_Improve\" >5. Measure ROI (Measure &amp; Improve)<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-48\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#51_Cac_KPI_quan_trong_nhat\" >5.1 The most important KPIs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#52_Vi_sao_quan_trong\" >5.2 Why is it important?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#V_Thach_thuc_thuong_gap_va_cach_tranh_trong_Finance_Transformation\" >V. Common challenges and how to avoid them in Finance Transformation<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-51\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#1_Du_lieu_phan_tan_khong_dong_bo\" >1. Distributed, asynchronous data<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-52\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#2_Qua_tap_trung_vao_cong_nghe_ma_bo_quen_yeu_to_van_hanh\" >2. Focusing too much on technology and forgetting the operational factor<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-53\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#3_Chi_phi_va_thoi_gian_trien_khai_lon\" >3. High cost and implementation time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-54\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#4_Phu_thuoc_IT_thieu_chu_dong_tu_bo_phan_Finance\" >4. Dependence on IT, lack of initiative from Finance department<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-55\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#VI_Bizzi_Nen_tang_thuc_day_Finance_Transformation_tai_Viet_Nam\" >VI. Bizzi: Platform to promote Finance Transformation in Vietnam<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-56\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#1_Bizzi_Automation_Platform_%E2%80%93_Tu_dong_hoa_van_hanh_tai_chinh\" >1. Bizzi Automation Platform \u2013 Automate financial operations<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-57\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#Bizzi_Bot_IPA_3-way_matching\" >Bizzi Bot (IPA + 3-way matching)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-58\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#Bizzi_Expense\" >Bizzi Expense<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-59\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#Bizzi_ARM_Account_Receivable_Management\" >Bizzi ARM (Account Receivable Management)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-60\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#B-invoice\" >B-invoice<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-61\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#VII_Tam_nhin_moi_cua_CFO_trong_ky_nguyen_Finance_Transformation\" >VII. New vision of CFO in the era of Finance Transformation<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-62\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#Ba_nang_luc_cot_loi_CFO_can_phat_trien\" >Three core competencies CFOs need to develop<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-63\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#1_Real-time_Insight_%E2%80%93_Nang_luc_hieu_du_lieu_tuc_thoi\" >1. Real-time Insight \u2013 The ability to understand data instantly<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-64\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#2_Lean_Financial_Operations_%E2%80%93_Tai_chinh_tinh_gon\" >2. Lean Financial Operations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-65\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#3_Strategic_Scenario_Planning_%E2%80%93_Mo_hinh_hoa_chien_luoc\" >3. Strategic Scenario Planning \u2013 Strategic Modeling<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-66\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#Cap_doi_nen_tang_thuc_day_nang_luc_CFO\" >The Foundational Pair That Drives CFO Performance<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-67\" href=\"https:\/\/bizzi.vn\/en\/what-is-finance-transformation\/#VIII_Ket_luan\" >VIII. Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"I_Vi_sao_cac_CFO_dang_noi_ve_Finance_Transformation\"><\/span><strong>I. Why are CFOs talking about Finance Transformation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In just the last few years, the role of the CFO has changed faster than it did even a decade ago. Whereas in the past, the CFO focused primarily on <\/span><b><a href=\"https:\/\/bizzi.vn\/bao-cao-quan-tri-chi-phi-cong-cu-kiem-soat-chi-phi-hieu-qua-cho-doanh\/\">cost control<\/a> and ensure compliance<\/b><span style=\"font-weight: 400;\">, they now face a new set of pressures:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Ap_luc_ra_quyet_dinh_nhanh_hon_%E2%80%93_chinh_xac_hon\"><\/span><b>1. Pressure to make decisions faster and more accurately<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Businesses need to react daily, even hourly. Strategic questions like:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u201cHow much does increased inventory affect cash flow?\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u201cIf interest rates increase by 1%, how will EBITDA change?\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u201cHow does price adjustment affect channel profit margins?\u201d<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u2026can&#039;t wait until the end of the month to reply.<\/span><\/p>\n<p><b>Finance Transformation<\/b><span style=\"font-weight: 400;\"> become the foundation for CFOs to have correct - sufficient - timely data for these decisions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Su_bung_no_cua_du_lieu_va_do_phuc_tap_cua_quy_trinh_tai_chinh\"><\/span><b>2. The explosion of data and the complexity of financial processes<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The business is operating with:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">many branches<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">multiple sales channels<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">multiple systems (ERP, accounting, CRM, POS, banking\u2026)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">many types of transactions every day<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Without automated systems and a unified data architecture, reporting and forecasting lags will continue to grow.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finance Transformation helps to completely solve the \u201cdata bottleneck\u201d problem.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_CFO_khong_chi_bao_ve_loi_nhuan_%E2%80%93_ma_phai_tao_ra_tang_truong\"><\/span><b>3. CFOs don&#039;t just protect profits \u2013 they create growth<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Businesses expect the Finance department to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">help optimize costs while still expanding the market<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">predict risks before they occur<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">provide insights for CEOs to make strategic decisions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">support M&amp;A, IPO, international expansion<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This requires CFOs to transform from \u201cnumbers keeper\u201d to \u201cvalue architect.\u201d<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Cong_nghe_dang_thay_doi_hoan_toan_vai_tro_tai_chinh\"><\/span><b>4. Technology is completely changing the role of finance<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Invoice automation, debt reconciliation robots, AI forecasting, real-time smart reporting\u2026 make the old operating model (Excel + manual reporting) no longer suitable.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bizzi is the clearest example of how technology has helped the Vietnamese Ministry of Finance:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">70\u201390% manual operation reduction<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">reduce errors<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">increase response speed<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bring strategic data to your dashboard in real time<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"5_Cau_hoi_ma_CFO_nao_cung_phai_doi_dien\"><\/span><b>5. The question every CFO must face<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">So Finance Transformation becomes the center of every CFO meeting:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">\u201cHow to reduce closing from 10 days to 3 days?\u201d<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">\u201cHow can FP&amp;A forecast accurately without spending weeks collecting data?\u201d<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">\u201cHow to transform the Finance department into a truly value-creating department?\u201d<\/span><\/i><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Finance Transformation is the answer.<\/span><\/p>\n<p><i><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-999979313 size-full aligncenter\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/finance-transformation-la-gi.jpg\" alt=\"What is finance transformation?\" width=\"1887\" height=\"1007\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/finance-transformation-la-gi.jpg 1887w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/finance-transformation-la-gi-300x160.jpg 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/finance-transformation-la-gi-1024x546.jpg 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/finance-transformation-la-gi-768x410.jpg 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/finance-transformation-la-gi-1536x820.jpg 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/finance-transformation-la-gi-18x10.jpg 18w\" sizes=\"(max-width: 1887px) 100vw, 1887px\" \/><\/i><\/p>\n<h2><span class=\"ez-toc-section\" id=\"II_Finance_Transformation_la_gi\"><\/span>II. What is Finance Transformation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">After understanding why Finance Transformation has become a strategic priority for CFOs, the next question is: <\/span><b>What is Finance Transformation?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Is this just a technology project, an optimization process, or a comprehensive change in people - data - systems?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, Finance Transformation is <\/span><b>a journey to change the operating model of the Finance department<\/b><span style=\"font-weight: 400;\">, aiming to achieve three major goals:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automate manual tasks<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize data and increase transparency<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Provide strategic insights to support CEO decision making<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Finance Transformation is more than just installing new software. It is <\/span><b>a long-term strategy<\/b><span style=\"font-weight: 400;\">, including technology, people, processes and new operational thinking.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Dinh_nghia_Finance_Transformation_la_gi\"><\/span>1. What is the definition of Finance Transformation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Finance Transformation is a comprehensive restructuring of how the Finance department operates \u2013 from reporting, planning, forecasting to performance analysis and measurement \u2013 with the support of modern technology, data and governance models.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finance Transformation helps the Finance department transform from:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Traditional finance<\/b><\/td>\n<td><b>Transformed Finance<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Recording &amp; Reporting<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Simulation, forecasting &amp; strategic direction<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Manual Excel<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Real-time automation &amp; dashboards<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Discrete process<\/span><\/td>\n<td><span style=\"font-weight: 400;\">End-to-end integration process<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Waiting for end of month data<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Real-time data<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Control<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Strategic leadership<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"2_Ba_tru_cot_cot_loi_cua_Finance_Transformation\"><\/span>2. The three core pillars of Finance Transformation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Process_Transformation_%E2%80%93_Tai_thiet_quy_trinh_tai_chinh\"><\/span><span style=\"font-weight: 400;\">Process Transformation \u2013 Financial Process Reengineering<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Processes such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Record-to-Report<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Procure-to-Pay<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Order-to-Cash<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Planning \u2013 forecasting \u2013 budgeting (FP&amp;A cycle)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u2026 is restructured to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Eliminate manual operations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize the process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Speed up closing<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensuring transparency and internal control<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Technology_Transformation_%E2%80%93_Cong_nghe_lam_nen_tang\"><\/span><span style=\"font-weight: 400;\">Technology Transformation \u2013 Technology as the foundation<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>RPA<\/b><span style=\"font-weight: 400;\">: automate repetitive tasks<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>AI\/ML<\/b><span style=\"font-weight: 400;\">: forecast revenue, cash flow, costs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cloud ERP<\/b><span style=\"font-weight: 400;\">: standardize core data<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM (Enterprise Performance Management)<\/b><span style=\"font-weight: 400;\">: planning \u2013 forecasting \u2013 performance reporting<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Vietnamese businesses are moving from \u201cExcel + discrete systems\u201d to \u201cunified data architecture\u201d, with the support of platforms such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bizzi Automation Platform<\/b><span style=\"font-weight: 400;\"> \u2192 P2P, R2R automation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM<\/b><span style=\"font-weight: 400;\"> \u2192 FP&amp;A, planning, budgeting, rolling forecast<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"People_Culture_Transformation_%E2%80%93_Tu_duy_ky_nang_moi\"><\/span><span style=\"font-weight: 400;\">People &amp; Culture Transformation \u2013 New thinking &amp; skills<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Finance Transformation requires drastic change:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Accountant<\/b><span style=\"font-weight: 400;\">: from data input \u2192 control &amp; analysis<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>FP&amp;A<\/b><span style=\"font-weight: 400;\">: from data synthesis \u2192 modeling &amp; forecasting<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Finance<\/b><span style=\"font-weight: 400;\">: from recognition \u2192 strategic partnership<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Target: <\/span><b>Finance becomes a \u201cbusiness enabler\u201d, not a cost center.<\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"III_Loi_ich_cua_Finance_Transformation\"><\/span>III. Benefits of Finance Transformation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Finance Transformation delivers value in both directions:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Operational efficiency<\/b><b><br \/>\n<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strategic capability<\/b><b><br \/>\n<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Here is an in-depth analysis for each interest group:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Cai_thien_ke_hoach_du_bao_Planning_Forecasting_Excellence\"><\/span>1. Planning &amp; Forecasting Excellence<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Finance Transformation helps businesses move from <\/span><b>static planning<\/b><span style=\"font-weight: 400;\"> luxurious <\/span><b>dynamic planning<\/b><span style=\"font-weight: 400;\"> with real-time data.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"11_Du_bao_chinh_xac_hon\"><\/span>1.1 More accurate forecasts<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Thanks to the combination of:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Centralized data (ERP\/EPM)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Advanced forecasting models (rolling forecast, driver-based planning)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Scenario planning<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u2192 Forecast accuracy increases significantly, especially in volatile factors such as raw material costs, interest rates, and market demand.<\/span><\/p>\n<p><b>Real life example: <\/b><span style=\"font-weight: 400;\">FP&amp;A can propose 3 revenue scenarios (base, best, worst) and update continuously based on weekly sales data, instead of waiting for the end of the quarter.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"12_Ra_quyet_dinh_nhanh_hon\"><\/span>1.2 Make decisions faster<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Finance Transformation eliminates slow reporting cycles because:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">No more manual Excel summarization<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reports are automatically updated when input data changes.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">CFO has a real-time financial dashboard to monitor indicators: cash flow, working capital, profitability<\/span><\/li>\n<\/ul>\n<p><b>Result:<\/b><span style=\"font-weight: 400;\"> CFOs don&#039;t have to wait until the &quot;monthly closing date&quot; to know the situation. Decisions are made. <\/span><b>during the day<\/b><span style=\"font-weight: 400;\">, Not <\/span><b>in the month<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"13_Tang_kha_nang_thich_ung_Agility\"><\/span>1.3 Increase Agility<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Forecast models can be rerun in minutes when there is a change:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Changing markets<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exchange rate changes<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Change in cost of goods assumption<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ad hoc budget adjustments<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u2192 Organizations become more agile, pivot faster, and reduce the risk of making decisions based on emotions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Toi_uu_von_luu_dong_Working_Capital_Optimization\"><\/span>2. Working Capital Optimization<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Working capital is the \u201cblood\u201d of a business. Finance Transformation helps optimize in three ways: <\/span><b>process \u2013 data \u2013 control<\/b><\/p>\n<h4><span class=\"ez-toc-section\" id=\"21_Kiem_soat_cong_no_theo_thoi_gian_thuc\"><\/span>2.1 Real-time debt control<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">When the system is connected:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customer Accounts Receivable (AR) is always updated instantly<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accounts Payable (AP) closely monitors payment due dates<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash flow forecast by week\/month<\/span><\/li>\n<\/ul>\n<p><b>Benefit:<\/b><span style=\"font-weight: 400;\"> Early detection of problem debts, prioritizing collection, limiting bad debts.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"22_Giam_DSODPO\"><\/span>2.2 Reduce DSO\/DPO<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Ask for a favor:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automate payment reconciliation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Smart debt reminder process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Debt aging &amp; payment risk analysis<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Businesses often record:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>DSO decreased by 10\u201325%<\/b><span style=\"font-weight: 400;\"> after standardizing the process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>DPO optimized<\/b><span style=\"font-weight: 400;\"> according to payment strategy \u2013 avoid paying too early or late and causing penalties<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"23_Can_bang_dong_tien_hieu_qua\"><\/span>2.3 Effective cash flow balancing<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The finance department can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">13-week rolling cashflow forecast<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Optimize inventory (high inventory \u2192 capital tied up)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Adjusting credit policy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tight control of CAPEX against budget<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">When cash flow becomes transparent and forecasted accurately \u2192 businesses reduce the need for short-term loans and optimize capital costs.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Tang_gia_tri_co_dong_Shareholder_Value_Enhancement\"><\/span>3. Shareholder Value Enhancement<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When finances operate better, the impact on the overall performance of the business is clear.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"31_Bien_loi_nhuan_duoc_cai_thien\"><\/span>3.1 Improved profit margin<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Businesses improve profit margins thanks to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Optimize operating costs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Detect abnormal costs (non-standard costs, duplicate costs)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reducing waste in P2P<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Optimize cost of goods sold and logistics costs based on data<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"32_Du_lieu_minh_bach_hon_cho_nha_dau_tu\"><\/span>3.2 More transparent data for investors<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Finance Transformation creates:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardized data set<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transparent reporting<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ability to drill down to individual data lines<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This helps:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">IPO is more favorable<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Raising capital is easier<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increase shareholder &amp; BOD confidence<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"33_ROI_cai_thien_nho_toi_uu_van_hanh\"><\/span>3.3 Improved ROI through operational optimization<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Businesses reduce costs in many aspects:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduced labor costs due to automation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduced audit costs due to clean data<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduced operating costs due to elimination of discrete systems<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce error cost (error cost, compliance cost)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Finance Transformation ROI is often recorded in <\/span><b>12\u201318 months<\/b><span style=\"font-weight: 400;\">, especially when deployed in combination:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automation (P2P, R2R, Expense)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EPM (planning, forecasting, analysis)<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"4_Tang_tinh_tuan_thu_giam_rui_ro_Governance_Risk_Compliance\"><\/span>4. Increase compliance &amp; reduce risk (Governance, Risk &amp; Compliance)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Not just a cost saver \u2014 Finance Transformation is also a \u201cfirewall\u201d that protects your business.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"41_Giam_gian_lan_va_that_thoat\"><\/span><strong>4.1 Reduce fraud and loss<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Ask for a favor:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">3-way automatic reconciliation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Check invoices according to standards<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Multi-level approval mechanism<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Role-based access control<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u2192 Risk of invoice fraud, incorrect payments, or duplicate payments is reduced to <\/span><b>70\u201390%<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"42_Chuan_hoa_du_lieu_theo_quy_dinh_Viet_Nam\"><\/span><strong>4.2 Standardize data according to Vietnamese regulations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize electronic invoice data<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize financial reporting formats according to regulations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Comply with 10-year retention requirements<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize reconciliation process according to auditing standards<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">When financial data is standardized \u2192 internal and independent audits work faster, with fewer errors detected.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"43_Ho_tro_manh_cho_kiem_toan_noi_bo_va_kiem_toan_doc_lap\"><\/span>4.3 Strong support for internal audit and independent audit<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Finance Transformation offers:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Complete, continuous, traceable data<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Clear audit trail<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risk monitoring dashboard<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardized reporting form according to IFRS\/VAS<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Reduce audit preparation time by 40\u201360% \u2014 a key benefit for large or multi-subsidiary enterprises.<\/span><\/p>\n<p><img decoding=\"async\" class=\"wp-image-999979314 size-large aligncenter\" src=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/controllership-transformation-selfassess-tool-1_Mobile-1024x513.webp\" alt=\"\" width=\"1024\" height=\"513\" title=\"\" srcset=\"https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/controllership-transformation-selfassess-tool-1_Mobile-1024x513.webp 1024w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/controllership-transformation-selfassess-tool-1_Mobile-300x150.webp 300w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/controllership-transformation-selfassess-tool-1_Mobile-768x385.webp 768w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/controllership-transformation-selfassess-tool-1_Mobile-1536x770.webp 1536w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/controllership-transformation-selfassess-tool-1_Mobile-18x9.webp 18w, https:\/\/bizzi.vn\/wp-content\/uploads\/2025\/12\/controllership-transformation-selfassess-tool-1_Mobile.webp 1969w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"IV_Lo_trinh_Finance_Transformation_Roadmap_cho_CFO\"><\/span>IV. Finance Transformation Roadmap (Roadmap for CFOs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Finance Transformation cannot be implemented in a \u201cjump-into-technology\u201d manner. To be successful, CFOs need a controlled, sequential roadmap\u2014from understanding the current state to measuring ROI. Here\u2019s how: <\/span><b>5 important stages<\/b><span style=\"font-weight: 400;\"> that most CFOs\/FP&amp;As in Vietnam apply when building a financial transformation strategy.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Danh_gia_hien_trang_tai_chinh_Current_State_Assessment\"><\/span>1. Current State Assessment<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><b>Target:<\/b><span style=\"font-weight: 400;\"> Identify where the business stands \u2014 systems, processes, data, people.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A sustainable Finance Transformation program always starts with \u201cinternal strength review\u201d, including 4 layers:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"11_Kiem_tra_muc_do_tu_dong_hoa\"><\/span>1.1 Check the level of automation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How many accounting and financial processes are still done manually?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Are P2P, O2C, R2R dependent on data entry staff?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What percentage of work can be RPA&#039;d immediately?<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"12_Danh_gia_do_phan_manh_du_lieu\"><\/span>1.2 Assess data fragmentation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Is ERP unified or does each department use its own tool?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How many data sources are used in financial statements?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Does COA, master data standardization exist?<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"13_Do_muc_do_phu_thuoc_Excel\"><\/span>1.3 Measuring Excel Dependency<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Common CFO questions:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u201cIf the Excel file crashes tomorrow, can the FP&amp;A department run the forecast?\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u201cHow many Excel files are &#039;single point of failure&#039;?\u201d<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"14_Xac_dinh_bottleneck_trong_dong_so_bao_cao\"><\/span>1.4 Identify bottlenecks in closing and reporting<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Closing takes 7 days, 10 days, or 20 days?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How many hours does a bank reconciliation take?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Is the management report &quot;file-generating&quot;, with a different version for each department?<\/span><\/li>\n<\/ul>\n<p><b>Why is it important?<\/b><span style=\"font-weight: 400;\"> Failure to properly assess the current situation \u2192 technology deployment only \u201cautomates chaos\u201d.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Xay_dung_tam_nhin_tai_chinh_moi_Future-State_Vision\"><\/span>2. Building a new financial vision (Future-State Vision)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">After understanding the \u201cstarting point,\u201d the CFO needs to determine the \u201cdestination.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the strategic phase, which involves the future operating model of the Finance department.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"21_Vai_tro_chien_luoc_cua_CFO\"><\/span>2.1 The strategic role of the CFO<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">In the digital age, the CFO is not just a \u201cbookkeeper\u201d, but:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Growth model designer<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The creator of competitive advantage with data<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Strategic partner of CEO and Board of Directors<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"22_Muc_tieu_cua_Finance_Transformation\"><\/span>2.2 Goals of Finance Transformation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The new vision must be linked to three core elements:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Speed:<\/b><span style=\"font-weight: 400;\"> Fast reporting, fast forecasting, fast response.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Transparent:<\/b><span style=\"font-weight: 400;\"> A single source of truth.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Agility:<\/b><span style=\"font-weight: 400;\"> Enterprises promptly pivot according to the market, simulating many scenarios.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"3_Uu_tien_Quick_Wins_3%E2%80%936_thang\"><\/span>3. Priority Quick Wins (3\u20136 months)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Here is the secret to <\/span><b>create momentum<\/b><span style=\"font-weight: 400;\"> and <\/span><b>early proof of effectiveness<\/b><span style=\"font-weight: 400;\"> help CFOs easily convince the board of directors.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"31_Tu_dong_hoa_quy_trinh_chi_phi_Expense_Automation\"><\/span>3.1 Expense Automation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize expense approval<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Control spending according to real-time budget<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce 70\u201380% of consolidation &amp; settlement time<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"32_Doi_soat_hoa_don_%E2%80%93_PO_%E2%80%93_GR_3-Way_Matching\"><\/span>3.2 Invoice reconciliation \u2013 PO \u2013 GR (3-Way Matching)<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">One of the biggest Quick Win points in Vietnamese enterprises:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Eliminate duplicate invoice errors<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prevent expense fraud<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automating the most labor-intensive step in P2P<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"33_Giam_thoi_gian_dong_so\"><\/span>3.3 Reduce closing time<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Thanks to R2R automation:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatic reconciliation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pull data directly from the system<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Report results by day\/week<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"4_Dau_tu_vao_EPMFP_A_Giai_doan_chien_luoc\"><\/span>4. Investing in EPM\/FP&amp;A (Strategic Phase)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Once the business has a foundation of automation and clean data, the CFO can upgrade to a higher value level: <\/span><b>analysis \u2013 planning \u2013 forecasting<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"41_Ket_noi_ke_hoach_%E2%80%93_du_bao_%E2%80%93_thuc_te\"><\/span>4.1 Connecting planning \u2013 forecasting \u2013 reality<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">EPM helps create a single system to manage:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Budget<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forecast<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Actual<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Variance analysis<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">All follow driver-based and rolling forecast model.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"42_Tu_dong_hoa_lap_ngan_sach\"><\/span>4.2 Budgeting Automation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">No more sending dozens of Excel files back and forth \u2192 but:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Centralized budget process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize COA and drivers<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Approve budget by workflow<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatically updated when assumptions change<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"43_Rolling_forecast_theo_thoi_gian_thuc\"><\/span><strong>4.3 Rolling forecast in real time<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The biggest weakness of Vietnamese enterprises: &quot;There are forecasts but no one can update them.&quot;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EPM solves this by:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatically pull actual data<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allows FP&amp;A to update drivers in minutes<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Run forecasts quarterly, monthly, even weekly<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"5_Do_luong_ROI_Measure_Improve\"><\/span>5. Measure ROI (Measure &amp; Improve)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Finance Transformation must be accompanied by specific metrics.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"51_Cac_KPI_quan_trong_nhat\"><\/span>5.1 The most important KPIs<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<table>\n<tbody>\n<tr>\n<td><b>KPI Group<\/b><\/td>\n<td><b>Measurement index<\/b><\/td>\n<td><b>Meaning<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Closing Speed<\/b><\/td>\n<td><i><span style=\"font-weight: 400;\">Closing time<\/span><\/i><\/td>\n<td><span style=\"font-weight: 400;\">Measure R2R efficiency<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Reporting Speed<\/b><\/td>\n<td><i><span style=\"font-weight: 400;\">Report preparation time<\/span><\/i><\/td>\n<td><span style=\"font-weight: 400;\">Measure analytical ability<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Cost Savings<\/b><\/td>\n<td><i><span style=\"font-weight: 400;\">Financial costs reduced by %<\/span><\/i><\/td>\n<td><span style=\"font-weight: 400;\">Measuring operational efficiency<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Data Quality<\/b><\/td>\n<td><i><span style=\"font-weight: 400;\">Data errors reduced by %<\/span><\/i><\/td>\n<td><span style=\"font-weight: 400;\">Measure the level of standardization<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Decision Cycle<\/b><\/td>\n<td><i><span style=\"font-weight: 400;\">Decision making speed<\/span><\/i><\/td>\n<td><span style=\"font-weight: 400;\">Measuring organizational agility<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4><span class=\"ez-toc-section\" id=\"52_Vi_sao_quan_trong\"><\/span>5.2 Why is it important?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Without KPIs \u2192 CFOs cannot demonstrate the value of Finance Transformation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With KPIs \u2192 CFOs can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investment Persuasion Phase 2\u20133<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Demonstrate clear ROI<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Optimizing resources for the Finance department<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transparency with the Board of Directors and investors<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"V_Thach_thuc_thuong_gap_va_cach_tranh_trong_Finance_Transformation\"><\/span>V. Common challenges and how to avoid them in Finance Transformation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Finance Transformation brings clear benefits, but the journey is not simple. Especially in Vietnam, many businesses face barriers related to data, people and technology models. Understanding these challenges will help CFOs develop a suitable roadmap, avoid wasting resources and optimize transformation efficiency.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Du_lieu_phan_tan_khong_dong_bo\"><\/span><b>1. Distributed, asynchronous data<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This is the most common problem. Financial and accounting data is in ERP, purchasing data is in another system, sales data is in CRM, and planning data is in dozens of Excel files.<\/span><\/p>\n<p><b>Consequences:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Slow, inconsistent analysis<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reports must be manually reconciled<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FP&amp;A cannot run accurate forecasts<\/span><\/li>\n<\/ul>\n<p><b>Proposed solution:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deployment <\/span><b>Cloud ERP<\/b><span style=\"font-weight: 400;\"> as a centralized data platform<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardization <\/span><b>master data<\/b><span style=\"font-weight: 400;\"> (COA, vendor list, customer list, product list\u2026)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Building data according to the \u201csingle source of truth\u201d model<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"2_Qua_tap_trung_vao_cong_nghe_ma_bo_quen_yeu_to_van_hanh\"><\/span><b>2. Focusing too much on technology and forgetting the operational factor<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Many businesses think that Finance Transformation = buying new software. This is the biggest mistake that leads to failure.<\/span><\/p>\n<p><b>Golden ratio in FT: <\/b><span style=\"font-weight: 400;\">\u00a0\u27a1\ufe0f <\/span><b>40% process \u2013 40% people \u2013 20% technology<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If the process is not streamlined or the staff is not retrained, any solution becomes \u201cautomation chaos\u201d.<\/span><\/p>\n<p><b>Proposed solution:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Optimize processes before automation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Target Operating Model Design<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Training staff on analytics and data-driven mindset<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"3_Chi_phi_va_thoi_gian_trien_khai_lon\"><\/span><b>3. High cost and implementation time<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Traditional ERP\/EPM solutions typically:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">12\u201318 month deployment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">High cost<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Highly dependent on IT team<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This is a big barrier for Vietnamese businesses.<\/span><\/p>\n<p><b>Proposed solution:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Platform priority <\/span><b>light \u2013 flexible \u2013 low code \u2013 fast deployment<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Apply the \u201cstart small \u2013 scale fast\u201d strategy<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"4_Phu_thuoc_IT_thieu_chu_dong_tu_bo_phan_Finance\"><\/span><b>4. Dependence on IT, lack of initiative from Finance department<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Common mindset barrier: \u201cAnything related to the system is IT&#039;s job.\u201d<\/span><\/p>\n<p><b>Consequences:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Finance has no control over the process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Any changes must wait for IT to fix.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forecast and reporting speed is slow<\/span><\/li>\n<\/ul>\n<p><b>Proposed solution:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Choose a solution to <\/span><b>Self-operating Finance<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Friendly interface<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Minimize programming needs<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"VI_Bizzi_Nen_tang_thuc_day_Finance_Transformation_tai_Viet_Nam\"><\/span>VI. Bizzi: Platform to promote Finance Transformation in Vietnam<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">For Finance Transformation to be successful, businesses need a technology ecosystem that is strong enough to automate operations, standardize data, and create a foundation for in-depth analysis. Bizzi is providing two important pieces of the puzzle for Vietnamese businesses: <\/span><b>Bizzi Automation Platform (operation optimization)<\/b><span style=\"font-weight: 400;\"> and <\/span><b>EPM (FP&amp;A support &amp; financial planning)<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Bizzi_Automation_Platform_%E2%80%93_Tu_dong_hoa_van_hanh_tai_chinh\"><\/span>1. Bizzi Automation Platform \u2013 Automate financial operations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Bizzi focuses on eliminating repetitive tasks in P2P, R2R and expense management \u2013 the biggest bottlenecks in Finance.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Bizzi_Bot_IPA_3-way_matching\"><\/span><b>Bizzi Bot (IPA + 3-way matching)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatically check invoice validity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Compare with PO &amp; GR according to 3-way matching standard<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce the risk of errors and fraud in purchasing and payment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Save hours of manual processing and reconciliation<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Bizzi_Expense\"><\/span><b>Bizzi Expense<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Real-time budget cost management<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standardize the spending approval process<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Control overspending, reduce unusual costs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Support businesses in establishing transparent spending policies<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Bizzi_ARM_Account_Receivable_Management\"><\/span><b>Bizzi ARM (Account Receivable Management)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Track customer debt<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automatic debt reminders according to risk level<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce DSO, speed up collection<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improving Operating Cash Flow<\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"B-invoice\"><\/span><b>B-invoice<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Issuing, storing and reconciling electronic invoices<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fully comply with state regulations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Direct connection to accounting processes<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Bizzi Automation Platform helps businesses streamline financial operations, creating a clean data foundation - an important premise before moving on to analysis and planning.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"VII_Tam_nhin_moi_cua_CFO_trong_ky_nguyen_Finance_Transformation\"><\/span>VII. New vision of CFO in the era of Finance Transformation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The modern CFO has shifted his role from \u201cfinancial overseer\u201d to \u201cstrategic leader.\u201d In many progressive organizations, the CFO is seen as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Chief Future Officer<\/b><span style=\"font-weight: 400;\"> \u2013 the person who forecasts and shapes the financial future<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Chief Value Officer<\/b><span style=\"font-weight: 400;\"> \u2013 business value optimizer<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Chief Decision Partner<\/b><span style=\"font-weight: 400;\"> \u2013 strategic companion to the CEO<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Ba_nang_luc_cot_loi_CFO_can_phat_trien\"><\/span><b>Three core competencies CFOs need to develop<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"1_Real-time_Insight_%E2%80%93_Nang_luc_hieu_du_lieu_tuc_thoi\"><\/span><b>1. Real-time Insight \u2013 The ability to understand data instantly<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">CFOs no longer wait for month-end reports. Data must always be \u201canalysis-ready.\u201d<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"2_Lean_Financial_Operations_%E2%80%93_Tai_chinh_tinh_gon\"><\/span><b>2. Lean Financial Operations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Processes must be automated as much as possible to reduce costs and increase speed.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"3_Strategic_Scenario_Planning_%E2%80%93_Mo_hinh_hoa_chien_luoc\"><\/span><b>3. Strategic Scenario Planning \u2013 Strategic Modeling<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">CFOs must be able to run multiple scenarios: exchange rate changes, interest rate fluctuations, cost of goods sold changes\u2026 and make decisions on the fly.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cap_doi_nen_tang_thuc_day_nang_luc_CFO\"><\/span><b>The Foundational Pair That Drives CFO Performance<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bizzi:<\/b><span style=\"font-weight: 400;\"> automate and standardize operational data<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPM:<\/b><span style=\"font-weight: 400;\"> analysis \u2013 planning \u2013 forecasting<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This combination creates \u201c<\/span><b>financial intelligence<\/b><span style=\"font-weight: 400;\">\u201d \u2013 smart financial model for Vietnamese businesses.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"VIII_Ket_luan\"><\/span>VIII. Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The article has provided full information about what Finance Transformation is. It can be understood that Finance Transformation is not a short-term technology project and should not be seen as a &quot;new trend&quot;. This is a long-term journey, where businesses continuously upgrade financial capacity, standardize data and optimize processes to adapt to the changing speed of the market. When the finance department operates effectively, information is reflected accurately and promptly, businesses will have a stronger competitive advantage, especially in the context of an increasingly complex digital economy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To start this journey, CFOs do not need large projects or excessive investments. The key is to start with small but impactful steps: standardizing data, streamlining processes, eliminating manual tasks, and implementing appropriate automation solutions. Once the foundation is solid, businesses can upgrade to FP&amp;A\/EPM tools to create a systematic strategic planning, forecasting, and analysis system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finance Transformation is therefore not a destination, but a capability that businesses must continuously maintain. Businesses that start earlier, adapt faster and operate based on better data will have a sustainable competitive advantage in the years to come.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>In the context of rapidly fluctuating markets, escalating costs and increasingly frequent financial risks, many CFOs\u2026<\/p>","protected":false},"author":37,"featured_media":999979312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[54],"tags":[],"class_list":["post-999979311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-so-tay-ke-toan"],"acf":[],"_links":{"self":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979311","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=999979311"}],"version-history":[{"count":3,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979311\/revisions"}],"predecessor-version":[{"id":999980399,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/posts\/999979311\/revisions\/999980399"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media\/999979312"}],"wp:attachment":[{"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/media?parent=999979311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/categories?post=999979311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzi.vn\/en\/wp-json\/wp\/v2\/tags?post=999979311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}