Simplify your petty cash management
Replace cash transactions with Spendesk business expense cards. No more out-of-policy expense claims.
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Set a clear petty cash policy
Have set rules and when and how to spend petty cash? Company debit cards have these same rules applied. The difference is you can be sure that these rules are followed, as the smart cards won't let team members spend outside of them.
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Log payments through the mobile app
Rather than recording petty cash transactions by hand, check every payment using the mobile app. Card payments are logged automatically and linked with your accounting software, but you can verify each payment in real time, and employees can take a photo of their receipt immediately, before it gets lost.
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Create one process for all business expenses
Why have one system just for petty cash? Even a small amount of cash is company money and needs to be treated carefully. You're better to create simple steps that apply for all payments, no matter their size. Spend management software and smart employee cards ensure every payment is easy and fast, but also safe, secure, and accounted for on the balance sheet.
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ACHILLE MANBOU, FINANCIAL CONTROLLER AT WE ARE SOCIAL
I need to be able to monitor expenses incurred. But before, I didn’t even have real-time visibility of cash flow in the company. With Spendesk, I control company spending while giving our teams complete autonomy. And I'm far more calm as a result. It's a real time- and money-saver!
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Communications agency, London, United Kingdom
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