How Payment Links can Automate Invoice Collections of Businesses?

payment links, payment links for customers, create payment links, generate payment links

Your business's cash flow gets badly impacted if your company’s invoice collection gets delayed.

Challenges in the invoice collection process

  • Manual invoicing
  • Delay in invoicing
  • Difficulty to remember the due dates
  • Chasing for invoices
  • Difficult to track payment collections
  • Handling multiple ERPs and accounts
  • Manual reconciliation
  • Difficulty in sending out reminders
  • Distant collections
  • Limited mode of payments

Businesses across all verticals and industries can boost invoice collections with Hylobiz.

Visit: https://hylo.biz/in/

quickbooks payment links, taking payments with payment links, how do payment links work

Automate invoice collections, the Hylobiz way

Hylobiz, an ISO-certified fintech, is a disruptor in the fintech and financial space. We are serving the B2B value chain and are currently operational in India, UAE, and Oman. We would soon launch in the US market.

The platform allows you to

  • Create an invoice
  • Upload invoices/bills from the existing accounting system
  • Automated reconciliation
  • Digital ledger
  • Automated reports
  • Integrated payment gateway
  • Real-time dashboard
  • e-Way bill and einvoice compliance

Payment links can boost invoice collections

The payment links enable quick contactless payment collections instantly and help you get relieved of manual chases and difficult distant collections.

Steps Involved

Step1: Generate payment links

Step2: Send payment links to customers via SMS/Email/WhatsApp

Step3: Get paid immediately

Download the app: Android and Apple store

Read more about this Blog here: https://hylo.biz/how-payment-links-automate-invoice-collection/

--

--

SME NeoBanking products — Payments receivables, Payables, and Credit scoring for SMEs. https://hylo.biz/

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

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 SMEs. https://hylo.biz/