6 Benefits of Faster Invoice Collections for Businesses — Hylobiz expedites invoice collections in UAE

What makes a business unbeatable?

Speeding up the invoice processing is the best way towards making a business invincible.

Advantages of faster invoice processing

Hylobiz, a Fintech of this era, can ensure faster invoice payment processing for businesses in UAE.

How can I process invoices faster?

· Set payment terms clearly regarding fees and due dates,

Hylobiz ensures faster invoice processing in UAE: Key note

Hylobiz offers Connected Banking services, enabling businesses to integrate their ERP seamlessly, to collect payments digitally on time, to automate reconciliations on realtime and benefit from quick settlements.

Hylobiz as a Pricing and Payment gateway solution: Hylobiz is a plug and play portal, with Nil set up fee, NIL integration, NIL monthly cost. It’s a one stop single solution for all your business needs like invoice generation, connected ERP, Invoice reminders, Reminders via WhatsApp, SMS and email, integrated payment gateway, real time business health etc.

What is reconciliation of invoices?

Invoice reconciliation is the process of comparing and matching the outgoing and incoming invoices with the bank statements.

Why is invoice reconciliation important?

· To eliminate error

What are the benefits of accounts payable automation?

· To reduce manual work like data entry

SME NeoBanking products — Payments receivables, Payables and Credit scoring for SME.