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automatic reconciliation
Businesses use ERP/business tools to manage their day-to-day transactions, which serves the purpose of accounting and recording. SME businesses usually work in silos as they handle multiple ERPs, accounts, users, and payment gateways. Difficulties faced by SMEs in their day-to-day business: Juggle between different software to record and reconcile a transactionChasing invoicesInefficiency in collectionRaising invoices...
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Small and medium businesses constitute more than ninety percent of the registered businesses in UAE, despite being the largest contributor to the country’s growth and employment, access to finance remains the key challenge for them. SMEs face many kinds of challenges to meet their financial gap, as they’re not able to secure funds from the...
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SMEs need multiple communication channels for discussions related to business and to speak mostly about payments and collections. Every communication channel needs to be handled separately and is difficult to keep track of all conversations and payment communications and receipts. Hylobiz team has come up with a solution to build better communication among its users....
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