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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 Worried that like some other applications in the market, we might also go outdated and our product won’t support the future complexities in...
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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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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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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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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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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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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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How equipped is Hylobiz to implement RBI’s credit card directions?

The fintech industry has gained popularity in the last 5 years as it is catalyzing the automation of the financial system with the strength of technologies. Many fintech companies offer credit card-like products and get into an arrangement with Issuers to offer co-branded credit cards.  Credit card frauds and customer harassments related to debt recovery...
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What are the differences between Neobanks and Traditional Banks?

The rapid growth and development of technology have led human civilization towards a new digital dimension. Neobanks or digital banks are no longer a theory but have evolved to support our daily life.   Following this phenomenon, the traditional banks are facing new challenges almost on a regular routine. They are trying their level best to...
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Why did I come up with the Hylobiz Marketplace?

Hylobiz marketplace helps to grow Small and medium businesses as they are the key players for growth in any economy, as they are the key contributors to any economy’s GDP and employment.  Despite being the backbone of an economy, still, they were facing many problems related to collection, invoicing, and working capital challenges. Generally, businesses...
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Collateral Free Loans for Small Businesses

Collateral free SME loans are often chosen by small businesses because there is no need to pledge their assets. Small businesses often suffer from bad debts and face difficulties due to manual reconciliations, poor invoice management, delay in payments and collections, and more. This causes poor cash flow in the businesses, and they tend to...
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What is e-Invoicing?

E-invoicing became mandatory for businesses having an aggregate turnover of more than Rs.500 crore in a financial year effective from 1st October 2020. Later it became applicable to taxpayers having a turnover of more than Rs.100 crore effective from 1st January 2021. From 1st April 2021, it applies to businesses whose turnover is more than...
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6 Amazing Business Tips for Women Entrepreneurs Starting their Small Businesses

Women are progressive and their dream to materialize their potential and become financially independent defines why small businesses for women entrepreneurs is a widely searched topic of late on the internet. Despite being, tenacious, and intelligent, women across the world face hurdles due to stereotypic thoughts and gender bias in society. Ms. Kaveri, 45, ran...
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Hylobiz | How do Neobanks in India Work?

Neobanks in India has e digital market has grown exponentially in the last three years with the penetration of smartphones, development in internet access, advancement of technology, and the recent pandemic. Every industry is experiencing reorganization and positive transformation with the digital boom. With the rise of neobanks, the financial industry is reshaping at a...
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How can SME businesses in the UAE benefit through Hylocollect? | Hylobiz

An entrepreneur needs capital to run a business as the human body needs blood. A human maintains diet, exercise, and sleep to keep himself healthy. In the same way, to maintain good business health, a business needs to take care of many business functions. The need for capital in a business is interdependent on many...
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Hylobiz is now VISA Certified as a part of the Fintech Partner Connect Program.

Hylobiz is a B2B fintech focused on solving collections and working capital through its seamless ERP connect and APIs for businesses in India, UAE, and Bahrain. With its tailor-made solutions, it promotes smooth business management and drives efficiency. On our mission to solve collections for businesses through automation and APIs, we partnered with many banks,...
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Hylobiz celebrates and supports women entrepreneurs and professionals

As regular jobs got automated and as there is a global explosion in the working-age population, the unemployment rate and gender-based employment gap took a steep rise globally. This has led to a lot of grinding. New perceptions and non-traditional growth stories can lead to a better economy and more employment opportunities. Today, entrepreneurship can...
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How has fintech improved the business lending system?

Fintech has disrupted the financial services industry with the use of technology. Fintech innovations have transformed many subsegments like retail payments, business banking, insurance, and wealth management services. As we all know, lending being one of the segments, has seen a transformation like never before. The reasons that led to this change are : ⦁     ...
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Hylobiz | What is Invoice Discounting?

Shortage of liquid funds in business? Your cash is arrested in outstanding invoices? Businesses of multiple sizes across multiple industries function in the global market and contribute to the global economy. Businesses, especially the MSME businesses, often find it difficult to manage the balance of cash flow resulting in working capital impairment and poor business...
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Hylobiz | What are the benefits of a business loan?

Benefits of a business loan require capital from time to time for the smooth running of its business. It requires the fund to meet expansion plans, operational expenses, and other expenditures. A business has many financing alternatives available to meet its capital requirements like business loans, revenue financing, invoice discounting, supply chain financing, and many...
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Digital Payments Benefits SME Businesses

How a Quick Digital Payment can Boost SME Businesses in UAE?

Are payment and cash flow digitized in your business? Are you looking for a digital fintech platform that can help you in seamless ERP integration and efficiently track and automate payments, collections, and cash flow? Want all these cutting-edge features at an affordable cost? Try Hylobiz to meet your business goals through the power of...
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Hylobiz | How to get Pre-Approval Credit Cards for Businesses?

As a vehicle runs on fuel, in the same way, capital works as fuel for a business, and access to formal credit has always been a problem for small businesses in the recent past. With the help of technological advancement, the gap is reducing. Fintech and banks are joining hands to solve this issue, where...
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Hylobiz | Is it Easy to get Collateral-Free Business Loans?

SME businesses positively impact the economy of a country but compared to corporate firms, these small businesses function with minimum access to capital. They are often not paid by customers on time and suffer from bad debts. Raising invoices, the manual chase for payment collections and managing receivables, payables and reconciliations manually are some of...
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Hylobiz| Top 7 features to benefit the SME businesses in UAE in 2022

SME businesses in UAE contribute almost 70% of the GDP of the MENA region and create new employment opportunities, increase production, and reduce the income gap. Small businesses have immense potential but work with minimum resources, little access to capital and technology, and often fail to get paid on time. Moreover, the coronavirus pandemic in...
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How does Hylobiz help SMEs in faster invoicing and safer payments?

Besides product, sales, and profitability, SMEs suffer from many issues. There are issues related to timely invoicing, safer payments, and automatic reconciliation. Today a business no longer requires just invoicing solution. After invoicing, it has to chase payments, which becomes a hurdle for small businesses. Due to this circle of payment and collection, a small...
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Partnerships update post- Hylobiz speaks about the products offered by bank/NBFC partners and an offer to collaborate

Hylobiz is a B2B fintech platform that aims to solve the pain points of SMEs with its cutting-edge technology solutions. Currently, we are operational in India, UAE, and Bahrain. We help small and medium businesses in simplifying and digitizing their value chain. Our solutions help them faster collections, e-invoicing, inventory management, connected banking services, and...
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The New Year 2022 Ushers a New Era in the Financial Sector with Fintech

What are the resolutions of Hylobiz towards the safety and prospect of Small business? The banking business and in fact the entire financial sector saw huge turbulence and challenges due to the difficulty of working from the office in covid times and consequent shuffle with remote working, the growing digital mindedness, and sophistication among customers,...
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Top Achievements of 2021 – Hylobiz speaks of the year in retrospect

Hylobiz is a fintech startup that aims to solve the pain point of small and medium enterprises by digitizing their value chain. We are currently active in India, UAE, and Bahrain. Hylobiz aims to digitize and simplify SMEs ‘ value chain with its high-tech solutions, which can also help businesses to improve their business efficiency...
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Top 3 posts that clarify how connected ERP and Bank account can accelerate the efficiency and growth of SME businesses

SME sector contributes significantly to Indian economy. 1/3 of India’s GDP is supported by this sector. The small businesses in India are of paramount importance and help to reduce income gap, reduce poverty, increase production, generate employment and many more. With minimal investment requirement, a small business can operate even in remote areas and can...
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Top 3 blogs on how to get paid faster with fintech

In this fast-changing environment, a business needs growth and stability for its existence. A businessman pays attention to sales and profitability, but they lag in the collection, which gives birth to many problems. If the collection process is not efficient, the business can face many operational changes, sometimes which may lead to the winding up....
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