Besides product, sales, and profitability, SMEs suffer from many issues. There are issues related to timely invoicing, safer payments, and automatic reconciliation.
Today a business no longer requires just invoicing solution. After invoicing, it has to chase payments, which becomes a hurdle for small businesses.
Due to this circle of payment and collection, a small business loses track of its business while chasing payments. Sometimes even they’ve to wind up their business due to financial crunch.
Do you think the solution to all these problems is just invoicing?
No, that’s why Hylobiz is building solutions to support small businesses growth. We aim to simplify their business along with efficiency.
Let’s deep dive into how our invoicing is faster, safer, and better for small businesses?
Let us discuss one by one
Why is Hylobiz faster?
Automate your invoicing process
The best way to get paid on time is to raise invoices promptly. To get the best results, automate your invoicing.
Hylobiz helps you with automation, sending bulk invoices, setting your frequency, customizing your designs and templates.
Read more tips to get paid faster: https://www.hylo.biz/tips-to-get-paid-faster-for-smes/
With e-invoicing, you can win the trust of your buyers, which also helps in better business relationships.
Better efficiency and accuracy
E-invoicing helps businesses improve efficiency, as it is automated, error-free, and accurate.
Why is Hylobiz better?
A better understanding of cash flow
With Hylobiz, you get real-time updates on your cash flow as we offer payment collections with invoicing, which improves your collection efficiency. Our multiple payment mode options help you get paid on time from your customer.
Free up your employees time
We offer automatic reconciliation into your ERP, so your transactions are automatically reconciled, which results in saving many labor hours.
Read more on reconciliation: https://www.hylo.biz/what-is-the-best-reconciliation-software-hylobiz-automated-the-reconciliation-process/
Reduced processing cost
Hence everything is automated, resulting in saving both cost and time.
Why is Hylobiz safer?
Share invoices with a payment link
Share your invoices with attached payment links, which are safe and secure. Also, create an invoice and share static payment links across your social media handles, customer’s phone, or Whatsapp.
We offer you a distributed ledger technology for all your transactions, which is safe and secure. Also, transaction ledger can be shared with the customer, chat with your customers on our app.
We assure bank-level security. We protect our user’s data with multiple encryptions at different levels.
We are the best partner for SMEs in their growth journey. Our other top features include:
Once you integrate your existing ERP on our platform, we automatically sync your invoices and expedite your collection process.
Read more on payments and collection: https://www.hylo.biz/how-connected-erp-and-connected-banking-can-improve-sme-payments-and-collections/
We help you in automating your payments and collection. Once payment is due, we send automated payment reminders to your customers, so you need not chase invoices.
Our solution comes with a pre-integrated payment gateway, which helps you get paid faster by offering your customer multiple modes to pay. On our platform, right from raising invoices, you can track every invoice status at your comfort.
We also don’t charge you an annual or subscription fee. You can enjoy all these at a minimal transaction cost.
At our dashboard, get access to real-time business insights, business health, and cash flows, which help you gain better control of your business.
Automate your inventory management with us, get notified about your low running stocks, optimize your inventory management cost.
To support SMEs with their capital needs, we offer easy and quick business loans at low rates in partnership with Bajaj Finserv and Neogrowth credit private limited. We offer bill discounting and SME credit cards at our API marketplace.
Read how a working capital loan can work for your business: https://www.hylo.biz/how-working-capital-loan-can-work-for-your-business/
Recently we have launched connected banking services with YES Bank and Kotak Mahindra Bank, where you can directly log into your bank account on our platform and enjoy hassle-free services.
We are an ISO-certified organization. We adhere to bank-grade security. Also, all your transactions are safe and secure with two-factor authentication.
Read more: https://www.hylo.biz/partnerships-update-post-hylobiz-speaks-about-the-products-offered-by-bank-nbfc-partners-and-an-offer-to-collaborate/
Reach us: Support@hylo.biz