Joseph, a small business owner based out of Bengaluru was in trouble to pay off his shop rent , electricity bills and other day to day expenses as he was not able to manage his inventory, receivables and cash. Here the problem faced by Joseph is inefficiency to manage working capital. In the same way...Read More

SME businesses in UAE saw a steep fall in cash flow with COVID 19 pandemic. According to a study done by PWC (https://www.pwc.com/m1/en/publications/working-capital-2020.html ), in the first half of 2020, there was 23% deterioration in the average working capital performance of surveyed companies. What were the key drivers affecting the working capital of SMEs during...Read More

Last month was very busy for our skilled development team, we had Advanced Tally features to be released and Hylobiz Mobile App features that  is now loaded with some exciting functionalities, for you to get faster payment of invoices. Hylobiz Tally Integration – Features and Benefits Our Hylobiz Tally Integration is now more powerful and...Read More

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...Read More

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...Read More

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,...Read More

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...Read More

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?...Read More

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...Read More

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...Read More