Healthy and automated invoice management in business boost collections, payouts, and cash flow which helps in efficient operation. Invoice Management Businesses use the process known as “invoice management” to invoice their customers for goods/services they have purchased and collect payment from them and make invoice payments to suppliers and vendors while tracking the invoices accurately....Read More
“Health is wealth.” When a business entity is established, maintaining a good health score is essential for its growth. But how do you go about doing that? With Hylobiz’s Good Business Score you can manage good business health and witness steady growth. What is a Good Business Score? The Good Business Score (GBS) is a...Read More
Enabling Businesses to Grow Faster via Automated B2B Collections, Payments, and Working Capital with ZERO Process Change for the Business Owners. In February 2022, Hylobiz celebrated its 3rd birthday. Hylobiz serves businesses of all sizes in India and the UAE and is about to launch in the US. We are excited about our progress so far...Read More
“Survival of the fittest”—a principle by Charles Darwin states that survival is not about being the fittest or largest or strongest. The business that survives is those that can adapt to the changes. In our hero story blog, we will discuss the story of a businessman Shyam (original name not disclosed) who bounced back on...Read More
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