e-invoice and e-way bill under GST is mandatory and an integral part of the functioning of any business. The e-Invoice System allows GST-registered businesses to upload all B2B invoices to the Invoice Registration Portal (IRP). The IRP produces and provides to the user a unique Invoice Reference Number (IRN), digitally signed e-invoice, and QR code,...Read More

The only thing that is constant is change! And in the words of Socrates-” The secret of change is to focus all of your energy not on fighting the odds but on building the new.” The SME sector contributes significantly to the economy of India. Despite being a strong contributor to India’s business ecosystem, small...Read More

India’s economy is one of the fastest-growing economies in the world and MSMEs are the growth engine that fuels the development of the national economy. As per the information received from Central Statistics Office, Ministry of Statistics & PI, the Share of MSME Gross Value Added (GVA) in All India Gross Domestic Product at current...Read More

Hello there! We are back with our brand-new episode of product release updates. Before we start, let us give you a brief on the broad scope of Hylobiz A Preferred Fintech Platform for Businesses and Financial Institutions We are a Vayana Group company and serve the B2B segment A business can digitize all of its...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

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

In these modern times, the gender gap is slowly taking a turn where everyone can be given equal opportunities for their professional as well as personal growth. But still, there are numerous cases or a vast percentage of this big issue where many individuals are being suppressed due to the lack of proper problem-solving approach...Read More

The fintech industry has gained popularity in the last 5 years as it is catalyzing the automation of the financial system with the strength of technologies. Many fintech companies offer credit card-like products and get into an arrangement with Issuers to offer co-branded credit cards.  Credit card frauds and customer harassments related to debt recovery...Read More

The rapid growth and development of technology have led human civilization towards a new digital dimension. Neobanks or digital banks are no longer a theory but have evolved to support our daily life.   Following this phenomenon, the traditional banks are facing new challenges almost on a regular routine. They are trying their level best to...Read More

Collateral free SME loans are often chosen by small businesses because there is no need to pledge their assets. Small businesses often suffer from bad debts and face difficulties due to manual reconciliations, poor invoice management, delay in payments and collections, and more. This causes poor cash flow in the businesses, and they tend to...Read More