Petty Cash Management

Manage small day-to-day business spending using real-time reporting

How Webexpenses petty cash management software works

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:

Assign each user in the system to a dedicated petty cash account (tin/lockbox)
Upload and digitally attach petty cash receipts
Use real-time reporting for complete visibility on smaller departmental purchases that are often overlooked

Pre-approvals for faster process

Compatible with imprest system

Track spend for improved reporting

What is petty cash?

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.