Serving more than a thousand medium and large enterprises, 2020 will be vigorously promoted internationally.

It is learned that “ 汇 联 易 ” received a 300 million RMB C + round of financing from Huaxing, a subsidiary of Huaxing Capital The new economic fund led the investment. The old shareholders Softbank China, Blue Lake Capital, Zhonglin Capital and other institutions followed suit. Yiren Capital served as the exclusive financial advisor.

Previously, Huilianyi also received a Series C financing in December 2018; in March 2018, it received a RMB 50 million Series B financing from Softbank China, Blue Lake Capital and Zhonglin Capital.

Huilianyi has been reported many times. Huilianyi is an internal incubator of the listed company HANDEX. It has operated independently since 2016. Its main products are one-stop business travel and expense management SaaS. At the beginning of its establishment, Huilianyi cut into the market from corporate reimbursement, and resolved the pain points of the reimbursement process among employees, finance and the company. That is, employees can import invoices with one click, and finances do not need to process a large number of invoices, eliminating tedious tasks such as ticketing. Financial documents. In addition, Huilianyi can communicate with internal OA, HR and other systems to improve the reimbursement workflow.

In addition, Huilianyi also supports the business travel needs of enterprises, and directly connects with large OTA platforms such as Ctrip, or directly with terminal service providers, such as Didi Enterprise Edition and JD.com, and the reimbursement process can be completed online. If the company already has a cooperative supplier, it can also directly migrate the supplier to the online and manage it in a unified way.

After the last round of financing, Huilianyi further perfected its products, introduced new payment control functions, and cut into the corporate consumer field. In addition, it also launched a new brand “Super Reimbursement” for SMEs. Zhang Changzheng, Chairman and CEO of Huilianyi Specifically introduced the new developments during this period:

  • From employee reimbursement to enterprise management. Enterprise expenditures are divided into production procurement and non-production procurement. Huilianyi has been focusing on the field of non-production procurement, and its coverage has gradually expanded during this period, from sales to management. Zhang Changzheng said that due to the fragmentation of public expense management items, but this is an important management link to support the daily operation of the enterprise. Huilianyi’s entry into this field means that it has further enhanced its ability to help manage expenses.

  • Based on the existing reimbursement and expense management, a new “authorized payment” function was launched in the second half of last year. Huilianyi previously obtainedStarting with the body’s reimbursement link, it is more inclined to reimburse afterwards, such as the invoice reimbursement link after consumption. Now, it is directly exempted from the employee’s reimbursement. The company sets rules in advance on the platform. Employees consume directly on the platform. The company and the supplier are responsible for settlement. In addition, financial institutions are responsible for providing related financial products. For example, to provide a company with 1 million credits, employees are equivalent to spending and settlement with the amount in the secondary account.

    Zhang Changzheng said that the on-line of “authorized payment” fits the trend of gradual deepening of electronic invoices and tax reforms. There are two main difficulties in this function. The first is the scenario setup, which requires docking with multiple suppliers; The second is payment, which requires opening up related functions with banks and payment institutions and connecting financial products. At present, Huilianyi mainly covers catering-based scenarios, docking platform providers, and other taxi-hailing scenarios. Employees can pay through WeChat, Alipay and other methods.

  • Introduced a new brand “Super Reimbursement” for SMEs. Previously, Huilianyi entered the market from large enterprise customers, and its product and function designs were relatively complex. The new brand will provide services to these enterprises based on core functions, and gradually enrich the existing product line. Zhang Changzheng said that being able to accompany the growth of enterprises is an important requirement for SME groups, and that in the early stages of development, the configuration of the financial team is relatively simple. Based on these issues, Huilianyi has accumulated a lot of service and industry experience when serving large customers. In addition to the product itself, it will also provide companies with industry-specific solutions and best practices, such as informing companies which cost items are this An industry will pay more attention and provide guidance in due course.

    At present, Huilianyi has served more than a thousand medium and large enterprises, and its benchmark customers include Didi Chuxing, Fosun Group, Blue Cursor, Sany Heavy Industry, Watsons and so on. Moreover, Huilianyi also officially promoted to the world from 2019-In April 2019, Huilianyi officially entered the Japanese market and launched a new brand Spendia.

    As the economic situation changes, open source and cost reduction have become the key words in the life cycle of enterprises, which has attracted a lot of attention in recent years. In addition, the impact of this epidemic will increase demand to a higher level. Easy Express , Decibel Pass , Red Orange Technology and other enterprises, the idea is generally divided into pre-consumer Or ex post expense control reimbursement cut into the market, but as the company’s reimbursement and payment habits change, the demand for ex ante consumption and ex post reimbursement during the transformation process will exist.For a long time, players in the industry are currently constantly improving their business chain, and strive to meet all of the customer’s expense management needs.

    Zhang Changzheng said, C + round financing is a major turning point for Huilianyi to move to the international market. Since then, more international regions are also in the layout. At the product level, after this round of financing, Huilianyi will continue to innovate based on its own genes, existing platform capabilities and customer base, and establish a partner ecosystem, such as linking nails, corporate WeChat, welink, Feishu and other hundreds of companies. partner.