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SME Banking
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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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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Inclusivity at workplace
Companies today recruit a diverse workforce that includes people of different ages, religions, genders, ethnicity, and work experiences. Most of the organizations today have realized that respecting and appreciating the diverse group of employees is highly important to build a great workplace. To create an inclusive work culture, it is important to embrace unique ideas,...
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Today businesses of almost all verticals, sizes across industries have realized the importance of going digital and are in different stages of digital transformation based on awareness and suitability. Technology has become the most important driving catalyst for bringing in disruptive change and creating better scope of success through innovation and automation. All businesses for...
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Hylobiz New Product Journey
On 19th Feb 2021, Hylobiz released a major change to its user journey. The release was to help Business Owners, Sales and Accountants to send invoices and get paid without a mandate of KYC, to know more read on – I just want to send invoices and get paid. Do I need to do KYC?...
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Are you owning a business? Want to speed up payment collections at low transaction cost? Want to offer an improved and hassle-free buying experience to your customers? Yes? This article is meant for you. Are you a banker? Looking for a payment automation solution that can support your SME and corporate customers in their payment...
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Keep Your Business Running
Two friends who were also running a business in different parts of the country met after long time, after the initial conversation about family and politics, they came to business discussions, here is a snippet of it – Mr Ashok – I am fed up of the data entry and mismatch of records due to...
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Hylobiz team wishes you a “Happy, healthy and prosperous New Year”. Let the year 2021 grant you a profitable business and a great professional career and help you grow digitally with right technological support. We can make this ‘year of hope’ a special one for you as we offer to help you collect payments faster...
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“With the shimmering garland of New Year As the book of digital opportunities open Let Hylobiz unfold all it has to offer For amazing sales, you dreamt often” Happy New Year… As the bells of New Year chime, when we are set with a bunch of resolutions and dreams, it is the time to think...
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Mr. Narayan and his struggle of Getting Paid on time
This is a story of Narayan, an owner of “Jyoti Narayan Distributor”. He and his team had a hard time during pandemic, the cash collection that usually happened in 30-90 days, took almost 6 months. The accounting team were struggling with “managing multiple ERP’s” and manual reconciliation. Narayan was willing to re-strategize and target “niche...
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