Bizplay, a South Korean expense management and B2E services company, said on June 14 it will shift to a direct management system led by Webcash Group founder and chairman Seok Chang-gyu (석창규).

With the shift, Bizplay is also pushing changes in its business strategy. For large companies with 10 trillion won in revenue and more than 10,000 employees, it will roll out an on-premises deployment business based on connectors that link external services in five areas - expense processing, business trips, welfare, meal expenses and general affairs - to corporate systems.

It aims to handle expense spending, settlements and accounting integration in a one-stop process through its eACCOUNTING platform, which automates companies' overall cash flow. It said it wants to position itself beyond a simple solutions supplier as a connecting hub linking companies and external ecosystems.

For its B2E services, it will continue to focus on reducing inconvenience for company employees.

Its bzp business travel management service integrates 44 partner infrastructures, including airlines, accommodation, trains and rental cars. It lets users handle everything from applications to settlements with a single mobile device. AI automatically guides the optimal routes and lowest-priced flights in line with company rules and detects improper claims in real time to support efficient cost management.

Its bzp meal voucher service is a mobile meal voucher that pays and manages meal expenses through a smartphone instead of paper vouchers. It is linked to 800,000 ZeroPay affiliated stores nationwide and the delivery app Yogiyo, allowing employees to use it freely wherever they want.

Its bzp welfare service allows employees to use welfare points provided by their company not only at the company's welfare mall but also at 2,000,000 ZeroPay affiliated stores nationwide.

New Bizplay CEO Seok said, "Bizplay is leading expense spending and B2E services for about 32,000 companies," adding, "We will accelerate full-scale growth centered on two pillars: expense management and B2E services." He added, "We will deeply embed AI across business trips, welfare and meal vouchers to grow Bizplay into a global platform that changes the way both companies and employees work."