Product Release Update of Hylobiz May 2022

Discover Hylobiz latest product release update for May, featuring new features for streamlined financial management.

Hylobiz has introduced new features and upgrades to streamline business operations and financial processes.

The latest additions include the “Manage Transaction Series” option, automated GST invoice generation, and e-invoice generation for vendor-to-pay customers.

One of the notable features is the customizable payment link, which addresses challenges in timely payment collection.

Businesses can create payment links for invoices and send them through various channels like email, SMS, and WhatsApp. Customers can use different payment methods such as net banking, UPI, credit card, and debit card, making the payment process smoother.

The General Payment Link API now allows businesses to personalize payment links with additional notes, enhancing efficiency.

The “Manage Transaction Series” feature simplifies GST compliance by helping businesses keep track of sequence numbers and prefixes.

It enables the creation of sales invoices, credit notes, debit notes, and pro forma invoices while maintaining the series even during conversions. This feature ensures businesses can comply with GST regulations without the hassle of managing complex numbering systems.

Updates specific to Hylobiz UAE and Indonesia have been implemented. In the UAE, a new feature captures customer address details on the payment page.

In Indonesia, businesses can easily track payment status, select accurate business types and categories, upload required documents, choose from an updated list of banks, and add customer support contact information.

For vendor-to-pay customers, the ability to generate e-invoices seamlessly from the V2P application is introduced. Users are redirected to Hylobiz India with a click to complete the process, saving time and effort.

Automatic GST invoice generation eliminates the need for manual invoicing, saving businesses time and ensuring compliance with GST regulations.

The system automatically sends a GST invoice when message credits are purchased.

The integration of IRIS Peridot+ ensures businesses never miss important transactional alerts, enabling better control over business operations.

Hylobiz aims to make business transactions seamless and stress-free. The latest upgrades offer increased efficiency, compliance, and convenience for businesses, allowing them to focus on critical tasks.

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