Petty Cash Management
Overview EXPENSES MANAGEMENT
Petty cash management is one of the common pains many enterprises suffer from mismanagement entails untraceable waste of money and failing unaccountably.
Many enterprises struggle with the management of petty cash mismanagement, from untraceable expenditure and wasted buying to unaccountability, eFile’s Petty Cash solution will alleviate the hassle and will guarantee proper documentation, handling and monitoring of daily employee and enterprise expenses.
Features
- Connect all your petty cash funds online to streamline fund records management and effectively manage your business operations.
- Assign accessibility functions by role and document the ins and outs of the day-to-day expenditures.
- Connect with your main accounting system to integrate the petty cash invoices and maintain an up-to-date, accurate and compliant system.
- Organize and govern funds allocation and reimbursement processes.
- Record and track the ins and outs of your transactions: invoice details, recipients, disbursement and reimbursement requests, etc.
Product Benefits
Achieve Seamless Funds Management
Cross-border connectivity and integration into your bank account ensuring management and tracking of expenditure
Be in Control
Functionality allows you to monitor transaction logs per user and role, enabling you to manage the process.
Save your Funds
Protect your petty cash fund against abuse, theft, misappropriation, and inaccurate recording of transactions.
Monitor Closely and Act Promptly
Real time monitoring of transactions and transfers; prompt evaluation and response to reimbursement requests; and replenish your cash timeously