BLOGS

New product release update at Hylobiz

Product Release Updates of Hylobiz October 2022

Hello there! We are back with our brand-new episode of product release updates. Before we start, let us give you a brief on the broad scope of Hylobiz A Preferred Fintech Platform for Businesses and Financial Institutions We are a Vayana Group company and serve the B2B segment A business can digitize all of its...
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Hylobiz at Singapore FinTech Fest 2022

Hylobiz at Singapore FinTech Fest

Hylobiz was ecstatic to participate in the 2022 Singapore Fintech Festival. We express our sincere gratitude to the organizers for hosting us at the largest FinTech festival in the world and providing a global forum for the FinTech community.  The 17th edition of the Singapore FinTech Festival (SFF), which took place from November 2 to...
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invoice Management for SMEs, Businesses at Hylobiz

How Hylobiz – All in one Automated Solution Supports your Business in Managing Invoices?

Healthy and automated invoice management in business boost collections, payouts, and cash flow which helps in efficient operation. Invoice Management Businesses use the process known as “invoice management” to invoice their customers for goods/services they have purchased and collect payment from them and make invoice payments to suppliers and vendors while tracking the invoices accurately....
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Good Business Score, What is a Good Business Score, Why is a Good Business Score Important

Good Business Score

“Health is wealth.”   When a business entity is established, maintaining a good health score is essential for its growth.  But how do you go about doing that?  With Hylobiz’s  Good Business Score you can manage good business health and witness steady growth. What is a Good Business Score? The Good Business Score (GBS) is a...
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Simplifying Business Automation and Finance, business automation at Hylobiz

Hylobiz Origin Story – Simplifying Business Automation and Finance

Enabling Businesses to Grow Faster via Automated B2B Collections, Payments, and Working Capital with ZERO Process Change for the Business Owners. In February 2022, Hylobiz celebrated its 3rd birthday. Hylobiz serves businesses of all sizes in India and the UAE and is about to launch in the US. We are excited about our progress so far...
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Business, SMEs, all in one automated solutions at Hylobiz

“Hylobiz Business Hero’s ” Episode #1: Invoice Automation Story

“Survival of the fittest”—a principle by Charles Darwin states that survival is not about being the fittest or largest or strongest. The business that survives is those that can adapt to the changes. In our hero story blog, we will discuss the story of a businessman Shyam (original name not disclosed) who bounced back on...
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business cash flow, small business cash flow, small business cash flow management, small business cash flow problems

How can you Automate your Business Cash flow?

Ram is a retailer of electronic goods based in Bangalore. He used to buy his inventory on credit and pay it back to the supplier after selling the goods to customers. Everything was going well for Sam, but after reaching scale in his business, he found it difficult to manage liquidity. The reason was that...
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awards, sme at Hylobiz

Hylobiz at GFF, Awards, Recognition, & Updates

Hylobiz is proud to be a partner at the Global Fintech Fest and wants to thank the organizers and visitors of the awards event. The third edition of Global Fintech Fest 2022 was organized by the Fintech Convergence Council (FCC), Payment Council of India (PCI), and National Payments Corporation of India (NPCI) from 19th to...
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e Invoicing and new updates, GST e Invoing mandatory, e-Invoicing, e-Invoice at Hylobiz

Everything you Need to Know About e Invoicing and New Updates

How does businesses ensure that they get paid on time? By creating Invoices on time! Invoices are a crucial part of every business transaction since they serve as proof of the supply agree upon between the buyer and the seller. The availability of data on sales volume, shipping date, price, and discounts creates transparency. However,...
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Business Health, Smal Business Health Benefits, Why is it Important to Manage Business Health

How is Hylobiz Ensuring Good Business Health for Businesses?

As the business environment is very dynamic, businesses need to be adaptive to the fast-going changes to sustain in this environment.   Assessing business health involves managing operational, financial, and managerial activities and requires proper planning, execution, and controlling. As many businesses fail to address these different functions because of inadequate teams, improper planning, improper...
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salonik, Salonik Business Story, Invoice Collections and Payments Reminders with Hylobiz

Salonik – Adding Flavor to your Food and Health

“Quality is remembered long after price is forgotten.” — Aldo Gucci. This quote by Aldo Gucci states that if the quality of a product is good, people will forget about the price. With this belief, Gucci became one of the largest fashion brands in the world.    In general, long-term businesses are concerned with the pricing...
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Faster Invoice Collection, invoice collection, invoice collection software, automated invoice collection software at Hylobiz

Faster Invoice Collection with Digitization of Payments and Reminders

Are you a Business Owner Facing Challenges with Invoice Collection? A businessman has to manage and control many functions for his business’s smooth running, including buying inventory, raising and dispatching invoices, collecting payments, and reconciling. The Challenges that Business Face with Manual Invoice Collections are: Manual invoicing and offline payment collections kill their time and...
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what accounting reconciliations, accounting reconciliation, Automatic reconciliation, accounting reconciliations software at Hylobiz

Top Reasons to Automate Accounting Reconciliation

Reconciliation is a crucial part of any business as, without proper accounting reconciliation, a company cannot get an accurate idea of its business finances.  Manual reconciliation is tedious and affects the productivity of the employees. It also causes a threat to the business’s health and efficiency as the data are not real-time and inaccurate.  Manual...
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goa trip from Hylobiz to employees

Hylobiz’s Vivaciously Inspiring Trip to Goa!

Ironically in an unexpected chain of events, working on our laptops and meeting on Microsoft teams has been the only mode of communication since Hylobiz was founded in 2019.  Working from home has its benefits – no questions asked, with no formal dress-ups, and doing work as per our convenience but nothing beats meeting your colleagues...
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e way bills, gst e way bills, e way bills gst with Hylobiz

What will Happen if the E way Bills is not Generated?

On 1st April 2018, the e way bills system was introduced for inter-state movement of goods under GST. Subsequently, the GST e way bills were introduced by all the states for intra-state movement of goods and New Delhi was the last state to introduce the E-Way bill for intra-state movement of goods on 16th June...
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gurgaon moms, gurgaon moms community with Hylobiz

Hylobiz’s Experience at The Gurgaon Moms Summit 2022

We at Hylobiz got this great opportunity to attend the Gurgaon Moms Achievers Summit 2022. Hylobiz is delighted to be at the event to support and encourage the super moms in their entrepreneurial spirit by helping them with our technology-backed solutions related to invoicing, collections, reminders, and reconciliations. About the Gurgaon Moms Community Gurgaon Moms...
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Payment Links can Automate Invoice Collections with Hylobiz

How Payment Links can Automate Invoice Collections of Businesses?

The efficient management of invoices and collections of payment links for customers on time in a business are the key requirements to last longer in the market and to stay ahead of the competition. Your business’s cash flow gets badly impacted if your company’s invoice collection gets delayed. Sometimes it might apparently appear that an...
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women-led businesses impact the Indian economy, women owned businesses, women-led

How do Women-led Businesses Impact the Indian Economy? 

“I really believe that entrepreneurship is about being able to face failure, manage failure and succeed after failing.” – Kiran Mazumdar Shaw.  Kiran Mazumdar Shaw is an Indian entrepreneur, founder of Biocon Limited, and an inspiration for many women-led businesses .   After graduation, she went to Australia to get trained as a brewmaster. After...
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Side Hustling and Flexing, best side hustle, side hustle India

Why are we Side Hustling and Flexing? – Lakshmi’s Perspective

A side hustle is an income stream by doing something extra other than your regular job. It helps lower the financial burden and is an extra income apart from the regular income. A few years ago side hustling was seen as taboo and employers have a view that it will create disturbance in the main...
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SUTA-Hylobiz-Appreciation-business-story.

SUTA Business Story – The Story of Thread

Creative strokes on every attireAdding charm to the natural flair  Fusing tradition with modern fashionsUnique are the designs, loved by millions  Upholding our culture and rich heritage,Sarees reimagined for the modern age.  Holding individuals with love and care,Bringing smile to every weaver😊  Yes, we spoke about SUTA, a promising textile brand. This is an appreciation...
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Banks, Business Banking, Bank Collaboration, Partnership with Banks,

Why am I Bringing Banks to the Platform? – Jayashree’s Perspective

Poor cash flow cycles, manual invoicing, and very long turnaround times for collections are the primary struggles of any business for banks,especially small businesses across the globe. Understaffed teams and a lack of enough capital and technical support, make their situations more miserable. Cash is the king and there are demands for solutions that make...
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Top 3 business developments skills your business needs to practice

Top 3 Business Developments Skills your Business needs to Practice

Business Development Skills are must-have skills for any company because it determines the success of an enterprise, as it handles the growth of a company and includes sales, strategy, marketing, finance, operations, and many more Skills.  An organization needs to use its resources flexibly to create long-term value for its employees, suppliers, customers, and other...
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Generate e-Way Bills

How to Easily Generate e-Way Bills?

The GST council of India has made e-Way Bills a mandate. Now, what is e-Way Bills? An e-way bill is an electronic waybill. It is a permit needed for the transportation of goods that are worth more than Rs. 50,000 (applicable for a single invoice/bill/delivery challan) in a vehicle within Indian states.   With the recent...
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Hylobiz, product update, Version 1.2.2, e-way Bill, e-Invoicing,

Hylobiz Product Update Version 1.2.2

Hey! Heard about us? Hylobiz is a fintech platform offering connected banking services and bridging the financial services for businesses in the B2B segment. We provide SAAS to automate your business processes. Worried that like some other applications in the market, we might also go outdated and our product won’t support the future complexities in...
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Image on e-Invoice, e-Invoice application, Hylobiz

How to Become e-Invoice Compliant?

In this ever-changing business environment, the e-invoice system was a game-changer move by the government of India to bring all businesses under the GST e-invoicing in India. In the long run. e-invoicing will promote standardization and the smooth functioning of businesses.  An electronic invoice or e-invoices is a system under which a registered taxpayer generates...
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Image on Digitalization B2B Segments

How can Digitalization Close Gender Gaps in the B2B Segment?

In these modern times, the gender gap is slowly taking a turn where everyone can be given equal opportunities for their professional as well as personal growth. But still, there are numerous cases or a vast percentage of this big issue where many individuals are being suppressed due to the lack of proper problem-solving approach...
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Image on e-invoicing strengthening the future of businesses Hylobiz

How is e-Invoicing Strengthening the Future of Businesses?

Invoicing is a crucial part of any business transaction as it works as evidence between the buyer and supplier for the supply made. It contains details like quantities sold, date of shipment, prices, and discounts and ensures transparency. Earlier it was easy for anyone to manipulate the invoices as the process was not transparent, which...
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Image of Fintech firms support women led businesses

How Fintech Firms can Support the Growth of Women Led Businesses?

Women Led Businesses It has been stated that women-led businesses, bring in more profit and fewer failed loans with a fintech firm’s support when compared with male-led businesses. From saving small amounts of personal money to adversely managing the household income to running smooth businesses, women have been making their way through for many centuries...
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Image on e-invoicing-benefit-Corporate-Businesses

How Can e-Invoicing Benefit Corporate Businesses?

e-Invoicing was a win-win move brought by the government to maximize the benefit to every stakeholder involved like the buyers, sellers, or the government. Before e-Invoicing, it was tough for Corporate Businesses to stick to compliance, reporting, and business management for the following reasons Multiple reporting Earlier, there was no fixed format of invoices, which...
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Image of Ionic-Hybrid-app-with-Hylobiz

Why did we use the Ionic 5 hybrid framework in our platform?

In today’s world, every developer prefers ionic building platforms using ionic 5 hybrid app development frameworks because hybrid apps are built using open and free sources and offer better performance with a better user interface.  Hylobiz being a B2B platform understand the needs of businesses very well and work hard continuously to provide our user...
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