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Fintech industry is seeing a robust growth in UAE with the advent of digital disruption during the pandemic and with the growing affinity towards digital payments among customers. Gone are the days when a business had to wait long for payment clearance by a Bank. A good and efficient Fintech today can enable you to...
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Bill Gates, Azim Prem ji, Melinda Gates, Warren Buffet, Oprah Winfrey – Do you know what is common in all them? They all are successful, recognized and amongst the richest people in the world but what makes them stand out are their constant efforts of giving. They are under the Top PHILANTHROPIST of the world....
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How to reconcile an invoice
Businesses often deal with errors on invoices and in turn experiences fraud or run out of profit. To counter this, businesses need to check and confirm or mismatch every invoice that comes in and goes out of business. The process of tallying the bank statement with the incoming and outgoing invoices so that the accounts...
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How do invoices differ? As a business owner can I use the same template across all buyers?  Does invoice mention the terms and condition? Do I need to include my bank details? All these questions and many more when a business or accounting team sits to send invoices. Just to make our customers life easier,...
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The net amount of cash that flows in and out of business is termed as cash flow. The cash flow largely depends on business activities in operations, purchases, and payments. The cash flow efficiency of a business is determined by working capital management, inventory management and payment and collections process of a business. Cashflow based...
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One promise we always make to our customers is  Getting Paid on time and hashing the manual job of accounting and tracking. On 20th Mar 2021, Hylobiz skilled team took a step closer to our goal with its new features of simplifying payments for our users. The new features are targeted to help Business Owners,...
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If you are running a business in UAE or are in a team responsible to collect payments, then you might have faced situations when you do not get paid on time. Late payments from clients reduces the flow of fund to the business and you face challenging conditions like unable to pay the suppliers, business...
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Expense Management with Hylobiz
A school had many suppliers – water bottles, laundry, househelp, stationery, electricity, and phone bill just to mention some of them and the Financial department also has to deal with dispersing salaries and taxes. While the fees are deposited to one of the bank accounts, the debit used to happen from another. Not to forget...
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Shyamli and Devanshi from FF21
“When you cease to make a contribution, you begin to die.” -Eleanor Roosevelt Community Building is based on this principle, there is no hierarchy, no bosses, each community member contributes to grow, learn and expand. We are surrounded by communities – Linkedin, Instagram, Pinterest, Facebook these are all business model that worked with helping and...
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Every individual has a story, not necessarily from rags to riches but everyday struggles, grabbing/missing opportunities and learning to weave enriching experiences. This Women’s Day Hylobiz wanted to honour his clients and their women workforce, who are leading from the front to everyday’s struggle. Meet Prerna Sehgal from OrixIndia [Hylobiz] What does it mean to...
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