bizplay
bizplay is a Korean SaaS company providing cloud-based corporate expense and business travel management software to over 30,000 corporate customers and 280,000 users, with AI OCR, real-time card-EDI integration, and 100+ ERP connectors across enterprise, SME, and public-sector segments in Korea.
- Company typePrivate
- Founded2015
- HeadquartersYongdungpo, South Korea
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What bizplay does
bizplay (legal name: 비즈플레이㈜) is a Korean private SaaS company founded in 2015 that provides a cloud-based corporate cost management platform. Its two core products are bzp 경비지출관리 (Expense Management), which automates receipt collection, expense reporting, policy compliance, and reconciliation across corporate cards, personal cards, and cash, and bzp 출장관리 (Business Trip Management), which handles booking, planning, and settlement for domestic and international travel. The platform is built on a cloud-first architecture with mobile-first user interfaces, AI-powered OCR receipt scanning, real-time EDI connections to all Korean card issuers, and pre-built integrations with 100+ domestic and international ERP and groupware systems including SAP, Oracle, Duzon, and Younglimwon K-System. Supporting modules include meal vouchers (bzp 비플식권), welfare cards (bzp 복지카드), an affiliated corporate prepaid card, VAT invoice management, budget management, electronic contracts, attendance management, chatbot support, BI reporting, and CRM, plus an Enterprise on-premise tier (bizplay Enterprise/PPP) with a structured 5-step consulting-led implementation process.
bizplay monetizes through tiered SaaS subscriptions (Lite, Standard, Premium, Public, Enterprise) priced in Korean won on per-user and per-card bases, with custom multi-year contracts for the Enterprise tier; additional revenue comes from affiliate corporate card interchange fees with financial partners, professional services and integration consulting, and the sale of add-on modules. The company serves over 30,000 corporate customers and 280,000 individual users across enterprise, SME, and public-sector segments in Korea, including named accounts such as Daewoong Pharmaceutical, Korea Tourism Organization, Lotte Nestlé, Seoul National University, Shinsegae I&C, OCI, OSSTEM, InBody, and Korea Childcare Promotion Agency. Its go-to-market combines direct enterprise field sales, an affiliate partner program, ERP and groupware referral channels, government cloud service voucher subsidies covering up to 80% of cost for SMEs, and marketing through Naver and Google SEO, paid display, YouTube, blog, LinkedIn, Instagram, Facebook, and a newsletter.
The company holds 18 patents and 42 program copyrights in expense and cost management — described as the highest such count in Korea — and has obtained GS Certification Grade 1 and CSAP (Cloud Security Assurance Program) certification. Strategic moves in 2024-2026 include a KRW 3 billion strategic investment from Yanolja (April 2024) to strengthen business trip services, an MOU with AI data platform IngenT (March 2026), and the Q1 2025 launch of Travel Management Cloud 5.0 for SMEs.
bizplay firmographics
Firmographics- Name
- bizplay
- Legal name
- 비즈플레이 주식회사
- Website
- https://bizplay.co.kr
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- bizplay is a Korean SaaS company providing cloud-based corporate expense and business travel management software to over 30,000 corporate customers and 280,000 users, with AI OCR, real-time card-EDI integration, and 100+ ERP connectors across enterprise, SME, and public-sector segments in Korea.
- Ownership category
- akta.pro rank
bizplay industry classification
Industry- Product category
- Corporate Expense Management Software
- NAICS
- Software Publishers (5132), Credit Card Issuing (52221)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts) (THACAJAE)
- akta.pro secondary industries
- Group Travel Payments & Billing (Central Billing, Virtual Cards) (THACAFAK), Financial Planning & Analysis (FP&A) & BI (HDAEAMAG), BNPL Card / Virtual Card Programs (FSAKACAC)
Keywords
Where bizplay is headquartered
LocationHeadquarters
- HQ city
- Yongdungpo
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
bizplay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription - bzp Expense Management: Tiered subscription model for expense management solution with per-user and per-card pricing. Tiers include Lite (small businesses/startups), Standard (SME/publicly listed), Premium (mid-sized enterprises), and Public (government institutions), plus Enterprise (custom on-premise). Additional revenue from expansion services such as business trip management, meal vouchers, corporate cards, tax invoice management, and budget management.
- SaaS Subscription - bzp Business Trip Management: Separate subscription tier for business trip management covering booking, planning, and settlement automation. Revenue generated alongside the core expense management module or as a standalone subscription.
- Affiliate Corporate Card Program: bizplay offers affiliate corporate credit cards where monthly fees are waived for cardholders using the affiliated card, with the company earning revenue from financial partner card issuers and card transaction interchange fees.
- Smart Work Expansion Services: Additional paid services integrated within the bizplay ecosystem including electronic contract (Modoosign), attendance management (Timeout), chatbot support (HappyTalk), project management (Flow), BI reporting (HyperReport), CRM (SalesInsight CRM), and website CMS (Hongikinsan CMS), generating incremental subscription or transaction revenue.
- Introduction and Consultation Revenue: Revenue from paid consultation services, custom implementation engagements for Enterprise tier customers, and ERP/groupware system integration projects with associated consulting fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Lite tier for small businesses and startups with basic expense management features |
| Subscription | Monthly | Standard tier for SMEs and listed companies with enhanced features |
| Subscription | Monthly | Premium tier for mid-sized enterprises with comprehensive functionality |
| Subscription | Monthly | Public tier for government institutions (cloud-certified) |
| Subscription | Multi-year contract | Enterprise tier for large corporations requiring on-premise or custom deployment |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels12 records
bizplay product offering
Product offeringCore offering
bizplay is a cloud-based SaaS platform that automates corporate expense management, business trip booking and settlement, meal voucher distribution, and corporate welfare card management for enterprises and government institutions in Korea. The platform ingests card transactions via real-time EDI connections with all Korean card issuers, applies AI OCR to extract data from photographed receipts, enforces company travel policies at the point of booking, and synchronizes with 100+ ERP and groupware systems for automated accounting. It serves 30,000+ corporate customers with tiered subscription pricing across Lite, Standard, Premium, Public, and Enterprise editions.
Product overview
Bizplay is a total corporate cost management platform built around two core SaaS products — bzp 경비지출관리 (expense management) and bzp 출장관리 (business travel management) — supported by a unified cloud infrastructure and an enterprise-grade on-premises deployment option (bizplay Enterprise). The platform also offers a suite of complementary add-on modules covering meal vouchers (bzp 비플식권), welfare cards (bzp 복지카드), corporate prepaid cards (bzp 법인카드), tax invoice management (인택스), budget management, vehicle expense management, payment disbursements, certified document storage, electronic contracts (모두싸인), attendance management (타임인아웃), chatbot support (해피톡), work collaboration (플로우), business analytics (HyperReport), CRM (SalesInsight CRM), and website management (홍익인간 CMS). The platform connects to over 100 ERP and groupware systems (including SAP ERP, Oracle ERP, and Doit ERP), all domestic Korean card companies via real-time EDI, the National Tax Service, T-MAP, and KakaoT Business. Bizplay serves over 30,000 corporate customers and claims the top domestic market position in expense management solutions, holding 18 patents and 42 program copyrights.
Differentiator
Problem solved
Functional benefit
Brands
- bzp 경비지출관리: Electronic expense management solution with digital receipt processing, real-time notifications, and automated compliance features.
- bzp 출장관리
- bzp 비플식권
- bzp 복지카드
Products and services
- bzp Expense Management (bzp 경비지출관리)
Quantifiable outcome
- Expense processing time reduced to 1 minute per transaction (vs 15 minutes with paper receipts)
- +9 more outcomes
Companies that use bizplay
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
bizplay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability7 records
Feature9 records
bizplay partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core.
- IngenTcorebizplay and IngenT signed a strategic business agreement (MOU) to jointly expand the corporate management support solution market by combining bizplay's expense and travel management systems with IngenT's AI-powered data platform technology. The partnership enables integration of corporate cost data with accounting, finance, and travel management systems, aiming to enhance automation of cost management tasks and improve operational efficiency for clients. bizplay plans to launch Travel Management Cloud 5.0 for SMEs in Q1 with this integration.
- SAPcoreSAP ERP integration support - bizplay provides pre-built integration with SAP ERP, enabling real-time synchronization of expense data, automated accounting entries, and seamless financial workflows for SAP-using enterprise customers.
- Duzon (더존)corePre-built ERP integration with Duzon (a leading Korean ERP provider), enabling automated expense and accounting data synchronization for Duzon-using SMEs and mid-market companies.
- Oracle ERPcoreOracle ERP integration support - bizplay offers integration with Oracle ERP systems for enterprise customers requiring Oracle-based financial management.
- Korean Card Issuers (All Domestic Banks and Card Companies)coreDirect real-time EDI connections with all Korean card issuers (domestic banks and card companies) enabling automatic transaction data retrieval and legally valid electronic receipts without manual entry.
- 100+ ERP and Groupware SystemscorePre-built integration infrastructure with over 100 domestic and international ERP and groupware systems, enabling automated data synchronization for a wide range of enterprise IT environments.
- 200+ ERP, Groupware, and External InstitutionscoreExtended integration infrastructure for the business trip management module, connecting with 200+ ERP systems, groupware platforms, and external institutions (including government tax authorities) to enable comprehensive travel expense automation.
- Global Travel Booking PlatformscoreGlobal travel booking platform partnerships providing real-time flight, hotel, train, rental car, and visa reservation services for international business travel within the bizplay travel management module.
- Korean National Tax Service (국세청)coreIntegration with Korean National Tax Service (NTS) for real-time electronic tax invoice (매입세금계산서) retrieval and VAT refund processing, enabling automated tax compliance within the expense management workflow.
- Cloud Service Voucher Program (클라우드 서비스 바우처)coreGovernment cloud subsidy program partnership - bizplay is registered as a certified cloud service voucher supplier, enabling eligible SME customers to receive 80% subsidy on bizplay subscription fees through the Korean government's cloud adoption support program.
Scale indicators16 records
Recent moves6 records
Expansion highlights6 records
bizplay competitors and assessment
Company assessmentBroad incumbents
- Coupa Software: Business spend management (BSM) platform covering expense, procurement, and AP automation. Competes at the high end of bizplay's enterprise tier with broader spend-management scope, but with weaker localization for Korean tax law and domestic card integrations.
- SAP Concur: Global enterprise expense and travel management SaaS leader owned by SAP. Competes with bizplay in Korea's enterprise tier for large corporations using SAP ERP, offering broader international travel network but less depth in Korean-specific tax compliance and card EDI integrations.
Direct peers
- Brex: Corporate card and expense management platform combining payments with software. Directly comparable to bizplay's affiliated corporate card plus expense management integration model, though primarily US-focused and serving tech-forward companies.
- Zoho Expense: Global cloud expense management software offering receipt scanning, policy compliance, and multi-currency support. Targets SMBs and competes with bizplay's Lite and Standard tiers, though with weaker Korean-specific tax compliance and card issuer integrations.
- Ramp: US-based corporate card and expense management platform combining cards, bill pay, and accounting automation. Comparable business model to bizplay's card-plus-expense SaaS approach, though focused on US market and SMB/mid-market customers.
- Navan (formerly TripActions): Corporate travel and expense management platform combining AI-powered booking with expense automation. Comparable to bizplay's business trip management module, though focused on the US market and emphasizing its AI-driven booking experience.
- Webcash (웹케시): Korean corporate B2B payment and expense management platform providing electronic bill collection, corporate cards, and ERP-integrated financial workflow solutions. Closest direct competitor in the Korean market with overlapping expense management, corporate card, and ERP integration offerings.
Emerging players
- Triple Hat (트리플햇): Korean corporate expense and travel management startup offering AI-driven receipt OCR and automated expense reporting. Emerging direct competitor in the Korean market with similar mobile-first approach, though smaller scale and customer base than bizplay.
Regional players
- Douzone (더존) - Smart A Platform: Leading Korean ERP vendor with integrated expense and accounting modules. While not a pure expense SaaS player, Douzone's ERP ecosystem offers bundled expense functionality that overlaps with bizplay's SME offering, and Douzone is both a competitor and integration partner.
Others
- Yanolja Cloud: Korean travel platform that became a strategic investor in bizplay in April 2024. While primarily a hospitality/travel platform, Yanolja's investment creates both partnership upside and potential vertical integration risk for bizplay's corporate travel management module.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks5 records
Key highlights7 records
Customer concentration
bizplay social profiles
Digital presencebizplay compliance and trust
Trust signalCompliance2 records
bizplay financial estimates
Financial estimateRevenue estimate
Valuation estimate
bizplay leadership team
Management profileNumber of profiles
Profiles1 record
bizplay funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
bizplay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about bizplay
What does bizplay do?
bizplay is a cloud-based SaaS platform that automates corporate expense management, business trip booking and settlement, meal voucher distribution, and corporate welfare card management for enterprises and government institutions in Korea. The platform ingests card transactions via real-time EDI connections with all Korean card issuers, applies AI OCR to extract data from photographed receipts, enforces company travel policies at the point of booking, and synchronizes with 100+ ERP and groupware systems for automated accounting. It serves 30,000+ corporate customers with tiered subscription pricing across Lite, Standard, Premium, Public, and Enterprise editions.
Is bizplay a public or private company?
bizplay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was bizplay founded?
bizplay was founded in 2015. It employs 101 to 250 people.
Where is bizplay based?
bizplay is headquartered in Yongdungpo, South Korea, in the Asia region.
How does bizplay make money?
Five revenue lines are on record. SaaS Subscription - bzp Expense Management is the primary driver. The others are saaS Subscription - bzp Business Trip Management, affiliate Corporate Card Program, smart Work Expansion Services and introduction and Consultation Revenue.
Who are bizplay's main competitors?
Broad incumbents on record are Coupa Software and SAP Concur. Direct peers are Brex, Zoho Expense, Ramp, Navan (formerly TripActions) and Webcash (웹케시). Triple Hat (트리플햇) is listed as an emerging player. Douzone (더존) - Smart A Platform is listed as a regional player. Yanolja Cloud is listed as an others.
Does bizplay have an API?
No public API is recorded for bizplay.
What industry is bizplay in?
bizplay's product category is Corporate Expense Management Software. Its primary akta.pro industry code is THACAJAE, Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts), with a secondary code of THACAFAK, Group Travel Payments & Billing (Central Billing, Virtual Cards). Its NAICS code is 5132 and its SIC code is 6153.