Overview
Hylo is an SME distribution value chain digitization platform addressing the key challenges for a Brand, Manufacturer, Distributor, Trader, Dealer and Retailer for their receivables, payables, and potential to credit access.
These businesses as listed above have ample manual interventions of hundreds/thousands of invoices that generate or receive and managing timely collection/payments/reconciliations.
It involves the manual distribution of invoices, tracking of received bills, reminders to the payers, banks follow-ups and reconciling the business through file-based systems.
Hylo automates all the above ensuring the SMEs/Businesses/Brands can focus on their growth while Hylo tackles invoices distribution, reminder, payments and real-time reconciliation. With all the real time transactional view of businesses Hylo’s partner banks / NBFCs offer the real time financing for dealers/vendors and the whole supply chain for the brand.
Hylo gives the real-time view of business health, cash flows and call to action for the business owners by integrating seamlessly to the existing ERP/Accounting engines and their respective banks.
For a Business owner, “Hylo” is the single window for the decisions she/he needs to take it to the next heights.
Listed below are the detailed offerings
- Convenient Purchase Order and invoice generation
- Prompt B2B payments against invoices
- Automates cash/cheque collection workflows
- A single platform with Aggregated Account Linkages
- Effortless integration via Open API to the legacy system