Payhawk

Payhawk is a revolutionary app that provides a seamless solution for managing your entire spending lifecycle in a digitally compliant way. Say goodbye to the hassle of going to the bank and dealing with expense reports and receipts. With Payhawk, you can issue cards instantly to your employees, set spending limits, control cash withdrawals and online payments, and even design a custom approval chain. The app also eliminates the need for paper receipts and invoices with its real-time notifications and automated inbox. Plus, you can easily pay bills and reimbursements with just one click. With this app, managing expenses has never been easier and more efficient. Sign up now and experience the future of spending management.

Features of Payhawk:

- Next Generation cards: The app allows users to issue physical or virtual cards to employees with just a click. Users can set spending limits, control cash withdrawals and online payments, and design a custom approval chain to manage expenses more efficiently. Business debit cards issued by Visa are accepted worldwide.

- Expense management: Users can say goodbye to expense reports and receipts. The app provides real-time notifications, allowing users to snap photos of receipts and invoices after every card transaction. It also automates the categorization of expenses based on the user's own chart of accounts. The app takes care of pre-accounting using smart computer vision that reads over 60 languages, making every expense ready for reconciliation. Users can easily pay bills and reimbursements with one click, and all invoices, receipts, and bank statements are kept digitally for 10 years.

- Real-time reconciliation: The app allows users to reconcile their budget and actual reports in real time, providing accurate and up-to-date financial information.

- Paperless transactions: Users can go completely paperless with the app as all invoices, receipts, and bank statements are kept digitally. This not only reduces clutter but also helps the environment.

- Accounting integrations: The app offers seamless integration with accounting systems, allowing users to push reconciled expenses straight to their accounting system. This simplifies the accounting process and ensures accurate financial records.

- External team collaboration: Users can easily invite their external accounting team to the app's web portal or export them a monthly Excel report, making collaboration and communication between teams more efficient.

Conclusion:

With features like next-generation cards, real-time reconciliation, and paperless transactions, Payhawk takes the hassle out of expense management. Users can easily manage spending limits, control cash withdrawals and online payments, and streamline the approval process. The app eliminates the need for manual expense reports and receipts by providing real-time notifications, automated categorization, and pre-accounting services. With seamless accounting integrations and external team collaboration options, this app ensures accurate financial records and efficient communication between teams. Sign up for Payhawk to revolutionize your expense management today.