Hylobiz’s Approach to Digitizing the Collections Process of Corporates

Did you know that a lot of corporates struggle to handle their overdue invoices and simplify workflows?

Handling multiple invoicing, collections process workflow, distribution of invoices across their business networks, and sending payment reminders across business networks at one go is tedious.

But what if there was a quick and easy way to transform this chaotic symphony of overdue invoices into a smooth, stress-free melody?

Hylobiz comes with a connected ERP designed to automate your collections process and bring harmony to your cash flow. Hylobiz seamlessly integrates with your existing ERP system, to eliminate all your worries and automate your invoices and collections workflow.

From Invoice Chaos to Digital Harmony

Hylobiz automates the collections process from creation to distribution, with a powerful suite of features:

• ERP Integration Symphony: Hylobiz integrates flawlessly with your existing ERP system, a perfect harmony between your existing technology and cutting-edge automation.
• Effortless Invoice Distribution: Hylobiz automates invoice distribution, sending them along with other relevant documents directly from your ERP to your network.
• Statement Transparency: Automatically share statements of account with your network, keeping them informed of their outstanding balances. Transparency fosters trust and strengthens relationships with your customers.
• Gentle Payment Reminders: Automating reminders for follow-up of Outstanding at the Invoice level and sharing them via text message or email.
• Secure Payments at Your Fingertips: Hylobiz integrates secure payment links directly within your invoices. Customers can make payments through Card/Account/Cash/Cheque.
• Real-Time Cash Flow Visibility: Gain a real-time view of all your collections process activity on the Hylobiz dashboard. This helps you make informed decisions and manage your finances better.
• Customized Workflows for Your Business: Hylobiz understands that every business is unique. Our platform offers customizable workflows that can be tailored to your specific needs and preferences. It’s your cash flow, your way.

The Hylobiz Advantage: A Symphony of Benefits

By automating your receivables and collections process, Hylobiz offers a multitude of advantages that will have your finances singing:

• Improved Cash Flow: Faster collections and quicker invoice-to-cash conversion lead to a healthier cash flow, allowing you to invest in further growth and seize new opportunities.
• Reduced Errors: Wave goodbye to manual data entry errors and embrace the accuracy that comes with automation. Hylobiz keeps your financial symphony in perfect tune.
• Enhanced Transparency: Hylobiz’s automated reminders and transparent field collections, build trust and positive relationships among your networks.
• Informed Decision-making: The Hylobiz dashboard reveals significant insights into your business’s financial health, overdue transactions, and upcoming activities to assist you in better decision-making.

Join the Cash flow Automation Journey with Hylobiz

Hylobiz supports businesses throughout the entire collections cycle from creation to distribution and even real-time acceptance in tier 2 networks. It’s a kind of solution that seamlessly integrates with your ERP system, offering a powerful combination of invoicing automation and offering real-time business insights.

There’s no CAPEX investment required, and our flexible SaaS payment options make it an accessible solution for businesses of all sizes.

Hylobiz is more than just software; it’s your partner in achieving financial harmony.

Contact Hylobiz today for a free demo and start composing your own cash flow journey!

Frequently Asked Questions