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...Read More

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...Read More

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...Read More

“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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More