Digitalization Provides Solutions that can be Accessed by all Regardless of their Gender. — The modern era has brought down digitalization under one roof where every individual can get equal opportunities to explore, ideate, lead, learn and grow in their respective fields. This helps to close the gender gaps in all the areas of the ecosystem where we live in. B2B firms here have…

E-invoicing is strengthening the future growth of businesses by streamlining the invoicing process. — E-invoicing under GST has eliminated many problems from the system like fake invoices, fraudulent ITC claims, and data entry errors. It has been a game-changer move by the government, helping both the businesses and the government. It has streamlined the entire invoicing process by helping them become more compliant with…

The financial gap becomes a crucial pain point for the women-led business, hence, the fintech system not only provides the edge but also meets several non-financial needs that need to be addressed. Fintech firms can support the growth of women-led businesses in the following few ways: Transforming women-led businesses to…

e-Invoicing has been a game-changer for both businesses and the government. It helps in streamlining business processes and also increases revenue for the government at the same time. — e-Invoicing has solved many problems for both the governments and businesses. It has eliminated problems like fake invoices, multiple reporting, and manual data entry errors from the system. With the introduction of e-Invoicing, the whole process becomes smooth and way more efficient than before, which led to many significant benefits…

In today’s world, most apps are built using an ionic hybrid app framework because of its low cost involved, faster scalability, better performance, and improved user interface. — Technology has been a great enabler for the development and growth in any field be it financials, healthcare, education, and many more. In your regular day-to-day life we keep on using multiple apps for different purposes, have we ever imagined how these apps are built so that they can provide…

Hylobiz is equipped to implement the RBI’s credit card rules effective from July 1, 2022 — Many fintech companies offer credit card-like products and get into an arrangement with Issuers to offer co-branded credit cards. Why do some fintech companies assume the new RBI rules might pose threat to their business? The Reserve Bank of India on 21st April 2022, has issued new guidelines (known as…

Hylobiz Provides Neobanking Services that Bring Automation Under One Roof. — The rapid growth of technology has led human civilization to leap toward the digital dimensions. Neobanks are not just a theory not but is competing well against the traditional banks to mark their position in the market. The comparison in a gist: 1. Hassle-Free Process Automation Neobanks provide online services within a shorter period of…

Hylobiz Marketplace allows easy integration of existing ERP on its platform in the lowest set-up time and automates your AR/AP process. — In any economy, small and medium businesses are the major contributors to GDP and employment. Despite being the major contributor, they were not getting access to formal credit, better collection, and automation tools. At that time, every SME-focused fintech company was trying to provide working capital loans. But we at…

Collateral free loans are often chosen by small businesses because there is no need to pledge their assets. — Collateral free SME loans are often chosen by businesses because there is no need to pledge their assets. To borrow loans, there is a need to pledge an asset/property like stocks, machinery, real estate, and more. This asset is called collateral and such a loan is called a secured loan. …