Expenzing Petty Cash Management
Anyone who has worked in a branch office or chain outlet has experienced petty cash problems ‒ usually to do with its availability. And anyone charged with managing petty cash as a Finance professional has also experienced petty cash issues ‒ mostly to do with unauthorized spends or unavailable supportings. Expenzing Imprest Manager is a cloud based software that brings order, accountability, and peace to the everyone involved in the managing, disbursing, spending, or accounting for petty cash.
Record cash expenses on the spot, even when outside the office.
Disallow spends not approved by the persons specified in authorization matrix.
Monitor imprest cash in real time at each location.
Optimize cash top-ups without overflowing the cash box or running on empty.
Know how much branches spend on office maintenance and a myriad other ways to analyze petty cash spends by head, location, and time period.
Auditors can examine branch expenses without leaving the HO. Painless for both auditors and finance team.
Supportings and vouchers digitally saved in the cloud. Physical copies remain at branches.
Set petty cash spend limits for each branch. System prevents overspending.
Spends are easily accounted for under correct heads consistently across all branches.