Atocash

Managing business finances is a herculean task in itself.
Expense reporting is a
crucial factor when it comes to expense management.
The finance team and auditors
need to audit every single invoice and keep track of multiple payments.
Now, bring into this picture - petty cash.
Cash that is allocated within office premises
for managing petty expenses ranging from office supplies, celebrations, farewell
gifts, etc.
Petty cash is also a factor in employee travel expenses.
The amount is
usually too small that it becomes difficult for the business to maintain each and
every receipt for accounting purposes.
Matching of petty cash receipts and expense reports is the most difficult job, an
organization is willing to solve.
With the high number of expense reports being filed,
the finance team finds it challenging to sit down and manually match each of the
petty cash receipts to their respective expense reports, sent through email or
uploaded in the system by employees.
1.
Errors in Accounting
2.
Fund Allocation Difficulties
3.
Overspending
4.
Employee Challenges
The above challenges can be dismissed easily using Atocash

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