Collection Automation- Cinderella Story Episode #1

Collection Automation can ensure a 40% improvement in Cash Flow. An Advanced Fintech can ensure Hassle FREE Invoices, Strong Cash Flow, and 100% Business Success.

VICCAS
2 min readDec 14, 2022
Cindrella story collection automation

Reminiscing the childhood fairy tale of “Cinderella”, you might be looking for a magic solution that will take your B2B business from the cinders to the palace like a “fairy Godmother”.

We present a brand-new series of stories of our successful clients who make us proud, and we love to call them “Cinderella”, the achiever.

Suhail (original name not disclosed), a young business graduate, runs his travel business in Bangalore.

He started his business during the covid pandemic period after he lost his steady job and being a ‘doer’ was excited about his new venture.

However, he soon realized that with his limited resources, he struggled to manage his business smoothly. He and his team had to juggle multiple tools, accounting systems, bank accounts, manual invoices, collections, reconciliations, and a lot more and were overwhelmed with mental and physical stress due to a longer cash conversion cycle, a shortage of funds, poor time management, costly manual errors, and disputes.

Just when Suhail was facing the nightmares of ‘uncertain situations’ and ‘probable sudden halt’ were spoiling his days, he took a very important decision. He thought of redesigning the fate of his business.

He still remembers his days of searching for the right solution.

Proud of our Cindrella’s Determination and Success

The executive from Hylobiz: “You are with us for 2 years now and are an engaged user of the Hylobiz one-stop automated solution. Is there any suggestion?”

Suhail: “My trust in Hylobiz is beyond words. Keep going.”

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Our stats say businesses can see a 40% improvement in collections with Hylobiz's all-in-one automated solution.

Read the original blog here: https://hylo.biz/cinderella-story-collection-automation/

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