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SME
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...
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In every economy, small and medium enterprises are the major contributor to its GDP and employment generation and especially in developing economies. They are the biggest contributor to the growth of an economy. To manage a business efficiently and effectively a business needs to monitor its working capital closely because it acts as a key...
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If a business is not able to pay its vendors, staff salaries and also not able to collect its receivable from customers, then the business will not be able to survive in the long run as the business is inefficient to manage its working capital. Every business should give immense importance to working capital as...
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Working Capital Efficiency
Every business requires efficient financial management to maintain operational efficiency to run smoothly. Financial mismanagement may create a havoc and ultimately may be a reason for a company’s sudden downfall. The earnings and profitability of a business depends on what the company owes, and what it owns. The working capital of your business can speak...
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India's journey of Hylobiz 2
The article talks about How Hylobiz as an idea evolved in just few months, the thought process involved in shaping the product, the feedback from the industry leaders to improve and make the right-fit for the SME’s. This is Part two that talk about crafting the product experience and value driven growth. If you have...
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Meet the business person “Dina” who is an event manager working to promote, create, and organize brand events.  As part of her day-to-day activities, she has to deal with suppliers that include venue location, staging equipment, audio-visual and lightning assistance, caterers, furniture etc.  and her team that manages each of the department. But most importantly...
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India's journey of Hylobiz
The article talks about How Hylobiz as an idea evolved in just few months, the thought process involved in shaping the product, the feedback from the industry leaders to improve and make the right-fit for the SME’s. This is Part one that covers the inception, identifying the pain points and market space. Part two would...
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Road to Recovery to SME's
The economic tsunami unleashed by Covid-19 has created “new challenges” for the SME community. The effects seem endless with the whole value chain struggling to sustain amid the crisis. With so many business sectors severely challenged – the government is releasing support packages, banks are offering extension of EMI moratorium, technology provider offering a month/two...
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Remote Softwares for Small Business
Are you running an SME business or planning to do so? Looking for easy to use and affordable software to run your business smoothly? Then this blog is exactly right to refer and perfectly tailored to guide you. Unlike the olden days a small business today needs to constantly upgrade to compete with other SMEs...
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Mantra to Keep Business running Covid-19
When you are working on your dream plan, and suddenly time stops, what can be done? That’s the situation we were in, last one year of rigorous planning, demo’s, POC’s, product launch, onboarding of clients, partnership with Banks and ERP solutions, and with COVID-19 we were asked to stay put [ofcourse for our own safety]....
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