How is e-Invoicing Strengthening the Future of Businesses?

Image on invoicing strengthening the future of businesses Hylobiz

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 improved business efficiency.

Some of the benefits that lead to strengthening the future of a business with an e-Invoicing system are:

  1. Promote standardization.
  2. Automatic reporting.
  3. Eliminates fake invoices from the system.
  4. Reduction in errors.
  5. Improved collections.
  6. Boost invoice discounting.
  7. Improves overall business efficiency.

Hylobiz is helping businesses become e-invoicing compliant on its platform by offering them reliable e-invoicing solutions with various value-added benefits.

Hylobiz helps businesses automate their invoicing, collections, payments, and reminders.

Some of the Top Features of Hylobiz are:

  1. Connect your existing ERP on Hylobiz in just a few clicks without any cost.
  2. Send/create a proforma invoice, sales invoice, and an e-invoice with attached payment links and share them across social channels.
  3. Get a digital ledger for all your transactions with auto reconciliation directly into your ERP.
  4. Automate your collection with our pre-integrated payment gateway.
  5. Improve your relationship with suppliers by automating your payables.
  6. Track your business health on a real-time basis.
  7. Enjoy 360-degree control over your cashflows.
  8. Avail of business loans at lower rates.
  9. Also, enjoy effortlessly connected banking services on our ISO-certified platform with top-level security and improve your business efficiency.
  10. Grow your business with the Hylobiz automation solution and free up your time from manual reminders and reconciliation.

Book a Demo Today: https://hylo.biz/book-demo/

Suggested Read: https://hylo.biz/what-is-e-invoicing-under-gst/

In case of any query, reach out to us: support@hylobiz.com

--

--

--

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

Movers and Shakers #2 | 01/11/2019

Boeing v Airbus on spaciousness and in-flight comfort

The Founder of Hobby Lobby Does Everything Wrong but Manages to Run a Successful Business

Bridgewater, the world’s largest hedge fund, announces its latest position as Chinese stocks draw a…

Overcoming COVID-19: Steps to Digital Transformation—Part 3

Safari Hypermarket

Safari Hypermarket

6 Business Trends Likely to Stick Around After COVID-19

SugarCRM picks up speed, takes on the market

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

How to Optimize your Google My Business Listing | SocialBu Blog

How to Optimize your Google My Business Listing

The Most Popular Video Games Right Now

HIRE Initiative to Increase DEI&A Efforts | Trusaic

BCI and AI applications in Epilepsy care, intracranial EEG, and Neurology