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...Read More

SMEs being the major contributor to an economy’s GDP, employment, and growth, especially in developing nations. Despite being major contributors, SMEs face many challenges in their day-to-day banking, accounting, and operations. To solve the pain point of SMEs, banks and fintech have joined hands to build tailored-made financial services for SMEs. Where in partnership they...Read More

A school had many suppliers – water bottles, laundry, household, 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 debt used to happen from another. Not to forget...Read More

In an internal meeting, our sales team was sharing the feedback and requests from the client, just then one of the senior salesperson phones rang. It was one of our esteemed customers – Why am I being charged for UPI Payments? The person on the other side said in such a loud voice that everyone...Read More

Worldbank on growth projection for UAE states that growth in the UAE is expected to reach 2.5% by 2022; while the 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 is Small and medium-sized enterprises (SMEs)....Read More

For every businesses 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...Read More

For any business, it can be overwhelming to deal with multiple ERPs and Banks. And it’s more challenging for a small business owner or the Accountants teams of medium-size enterprises to reconcile and settle all accounts with multiple systems in place. The result is – human errors, long tedious manual tasks, mental stress, and most...Read More

The duties of an Accountant vary with the size of the business. In large organizations, the duty may be split into different departments and among different teams. However, in general, the role of an Accountant in a small business is wide and one is found to be solely responsible to make sure every process is...Read More

Introducing Payables – a new feature by Hylobiz, that assists the Accounting and finance teams in easing out the single/bulk payouts process with 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...Read More

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...Read More