Bizzi

Bizzi establishes itself as a trailblazer in Vietnam's invoice processing automation landscape. Founded with the vision of empowering businesses through digital solutions, Bizzi leverages the combined power of artificial intelligence (AI) and robotic process automation (RPA) to create a seamless platform for invoice processing. This unified solution integrates effortlessly with existing enterprise resource planning (ERP) and accounting systems, streamlining financial workflows for businesses of all sizes. Beyond automation, Bizzi fosters collaboration by connecting vendors and customers, facilitating a more efficient ecosystem for bill payments, receipt scanning, compliance management, and bookkeeping.

The company's remarkable growth trajectory speaks volumes about its effectiveness. Within just two years of its launch, Bizzi has garnered the trust of over 100 major clients in Vietnam, including industry giants like Grab, GS25, Circle K, and Tiki. Furthermore, their platform processes invoices for over 4,000 vendors daily, with a monthly processing value exceeding a staggering $300 million. These figures underscore Bizzi's significant contribution to revolutionizing invoice processing in Vietnam.

The recent COVID-19 pandemic has catalyzed digital adoption across industries. Businesses are actively seeking innovative solutions to augment human capabilities and navigate the evolving landscape. This trend coincides with a significant move by the Vietnamese government towards digitization. A recent decree mandates the use of electronic invoices across both public and private sectors, effective July 1, 2022. This policy shift positions Bizzi as a frontrunner in the digital transformation of financial processes within Vietnam.

Bizzi empowers businesses to achieve unprecedented financial process efficiency by prioritizing labor-saving accounts payable management. Their RPA technology and machine learning algorithms offer a compelling value proposition, streamlining invoice processing by 80% and reducing processing costs by 50%. Beyond efficiency gains, Bizzi enhances transparency and ensures tax compliance, providing businesses with a comprehensive solution for all their invoice processing needs. As Vietnam embraces digitalization, Bizzi stands poised to lead the way in streamlining financial operations and empowering businesses for success in the digital age.

In May 2020, Bizzi collected an undisclosed amount of capital in an investment round led by 500 Startups and supported by angel investors.

In October 2021, Bizzi closed a $3 million Pre-Series A round led by Money Forward, a leading fintech/SaaS company in Japan, with additional participation from local venture capital firm Do Ventures and returning Singapore-based investor Qualgro.