How does Hylobiz support SMEs in UAE to boost and digitize collections?

SMEs use ERP to manage their day-to-day business transactions, still there remains a gap that needs to be solved. SMEs still need to juggle from ERPs to banking software to match or reconcile a transaction. The process also becomes cumbersome for them.

Due to the problem faced by SMEs, there arises the need for a platform where they can manage their payments, collections, inventory, and working capital.

Hylobiz is a B2B fintech platform, which offers businesses to integrate their existing ERPs on its platform at zero integration cost.

Hylobiz aims to solve the pain point of SMEs, as on the Hylobiz a business can digitize all its payables and collections. SMEs need not chase their invoices as it sends automated reminders when payment becomes due.

It helps in improving collection efficiency as it offers multiple payment options to pay. Also, create an invoice of your choice on the platform and send invoices with payment links attached to them.

At the Hylobiz dashboard, businesses get real-time updates on business health, cash flows, and various other business reports. It helps in decision-making and supports auto reconciliation into ERP.

At its API marketplace, a business can avail of business loans at lower rates from its partner Bajaj Finserv and Neogrowth credit private limited. It also offers bill discounting and SME credit cards, which help in boosting working capital.

Hylobiz can help you to grow and manage your business efficiently.

Sign up here:

Reach us at:

Read the blog originally published :




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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Abu Dhabi Coop

Abu Dhabi Coop

How Safe is Procter & Gamble?

Istanbul Supermarket

Istanbul Supermarket

Contention and bottlenecks in a world working from home

The Repeal Of Net Neutrality Is A Bad Thing (But Not For The Reasons You Think)

Demystifying Digital Transformation

Where Should I Organize My Business?

How This Austin Founder is Cracking The Code for Diversity In Tech

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Hylo Biz

Hylo Biz

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

More from Medium

Gratitude practice: the missing guide

FinancialCentre: What is FinancialCentre, and why should you use it?

Using Technology Lesson Plans In The Classroom

Collector Interview: Charlotte Newman