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NeoBanking
Digital payments have a positive impact on all small businesses. It is a convenient tool for accepting payment which is secure, fast, lowers the cost to the company and increases company revenue. As per a report – The Digital Payments Market is expected to grow at a CAGR of 13.5% over the forecast period 2020...
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“Collecting the outstanding payments for bills is a major concern and keeps me awake in nights…”, he spoke while he sipped a glass of water. A business owner located in Bangalore appeared stressed and worried when he spoke to our sales team back in December 2019. He signed up with Hylobiz the following month, in...
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Fintech in UAE helping SME
Worldbank on growth projection for UAE states that growth in the UAE is expected to reach to 2.5% by 2022; while world bank projection is supported by government recovery plans, higher oil prices and production capacity with a boost from Dubai Expo2021, another contributing factor to the country’s growth are  Small and medium sized enterprises...
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Hylobiz is helping thousands of businesses
Every business to stay ahead of competition and to see better growth and revenue irrespective of the size and industry, needs to focus on its consumers and suppliers, communicate effectively, make right decisions, understand trend, manage data and financial records efficiently, transact accurately, and make long term plans. Is there a one stop solution that...
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For any business, it can be overwhelming to deal with multiple ERP’s. And its more challenging for a small business owner or the Accountants teams of medium size enterprises to reconcile and settle all accounts with multiple system in place. Result is – human errors, long tedious manual tasks , mental stress and most importantly...
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My father who owns a shop in a district in MP has stopped going for collections since the pandemic started. I asked him – so how do you ensure collection happens? He said – I have stopped doing business with people who are not keen to send money digitally! What a transformation! I have been...
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The duties of an Accountant vary with the size of business. In large organizations the duty may be split in different departments and among different teams. However, in general the role of an Accountant in small business is wide and the one is found to be solely responsible to make sure every process is handled...
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Introducing Payables – a new feature by Hylobiz, that assists the Accounting and finance teams in easing out the single/bulk payouts process on a single click. Besides vendor payments, regular bills to be paid by business, salaries or reimbursements are other crucial payouts for employees. Quite recently when our sales team shared this interesting story...
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"SME's Get Paid on time
Small and medium-sized enterprises (SMEs) meet many challenges and hurdles in running and growing their businesses. At the very core of every business is its ability to take in revenue (to sell) and to secure its supply of inventory and other inputs (to buy). But with ~30% of payments to businesses are delayed, beyond the...
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Three ways businesses can improve cash flow with Hylobiz
Do you feel that cash flow to your business when increased may help you see a remarkable growth in business? Are you looking for a perfect system that can guide your business to improve cash flow steadily with time? If so, then you are reading exactly about a system that you are looking for. Hylobiz...
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