/ -- From low consumer demands to thinner margins for businesses, from delayed payment cycles to lack of lending from banks, from low trust amongst the business community to businesses shutting down. If one hears any of these things, then the slowdown in the economy has already arrived.
Rotation Problem
Receivable Outstanding
Gaurav Kate - Founder of EZO Banks says, "I have closely followed my Mother, who runs a small business at Akola, a city in Vidarbha region of Maharashtra. As a small entrepreneur, she faced multiple problems like payment collection, tracking outstanding, checking cash flow & trying to find a source of funds in Suspense A/c at year-end when Accountant does finalization. Also in my previous ventures when I was talking to many small entrepreneurs, these were the common problem which consumed at least 40% of their time. These basic pain points were the thought behind building EZO."
Solution By Neo Banks
EZO Banks is a perfect solution for Indian small businesses and SMEs to sail this slowdown safely. EZO digitally manages all Credits, Expense, and Inventory. One can set auto-reminders for credit on WhatsApp, get paid online with Zero MDR, track day to day expenses and reconcile operations and Bank statements with ease. EZO has integrated Critical financial services like Working Capital Loan, OD, CC are integrated into the business workflow in collaboration with Banks. So that entrepreneurs do not have to struggle for growth financing. To ease the burden of compliance on SMEs, EZO has partnered with LegalDocs for regular compliance services. SMEs can available critical services like regular GST filings, MCA filings, HR and Policy Documents, Trademark and other Legal Services
About EZO Banks:
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