Manage small day-to-day business spending using real-time reporting
Our petty cash module system automates day-to-day expense management for companies dealing with petty cash payments and transactions. With Webexpenses, businesses dealing with petty cash expenses can:
Traditionally, petty cash funds are managed by a physical ‘tin’ or ‘lockbox’ within a company or department. The person responsible for petty cash is required to manage payments coming in and out, keep a record of payments, and reimburse employees accordingly.
Petty cash is a fund that can be immediately available for the business to cover minor expenses or an incidental cash transaction of a small amount. This typically covers one-off items or occasional small purchases such as office supplies, postage stamps, or food and drinks bought for the office.
