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How Hylobiz is boosting invoice management for SMBs with seamless digitisation 150 For most small and medium-sized businesses (SMB) in India, invoice management is a tedious process. Typically, when an SMB generates an invoice on an enterprise resource planning (ERP) software, it is distributed among relevant parties manually or as emails or even as WhatsApp forwards. As the due date looms, SMBs start reminding clients about payments, again often manually. Payments are made through channels like NEFT (National Electronic Fund Transfer), RTGS (real-time gross settlement), instruments like cheques, or even cash. The last leg of the process is invoice reconciliation, and this too is often done manually.

Saudi arabiaAshish mahalLakshmi thampiAnurag rastogiVishal guptaNs raghavan centre of entrepreneurial learningNational electronic fundIndian institute of managementNational electronic fund transferWest asiaMicrosoft wordNorth africaIndian instituteEntrepreneurial learningInvoice managementசவுதி அரேபியா