DIGITAL PETTY CASH MANAGEMENT

Transform Your Petty Cash Management with Our Digital Solution

Openfloat petty cash management solution is designed to simplify the entire process of controlling petty cash spend from disbursement to reconciliation ensuring accountability and transparency throughout the process. Openfloat allows you to make payments around the clock , unlike other services. It's the perfect tool to streamline your financial operations. Transform the way you handle petty cash with our user-friendly solution!

PETTY CASH MANAGEMENT

Easily manage your petty cash with Openfloat's user-friendly solution.  It effortlessly tracks expenses and maintains accurate records, its convenience allows you to handle petty cash online ensuring efficiency and eliminating the need for traditional petty cash books.

benefits

Discover the Benefits of Our Petty Cash Solution

INSTANT DISBURSEMENTS

Swift Fund Transfers

Make quick and secure petty cash payments with the ability to disburse funds instantly, ensuring timely and efficient financial transactions. The bulk payment feature saves time for your team to focus on more strategic aspects of your business.

EFFICIENT EXPENSE TRACKING

Streamlined Expense Monitoring

Our solution enables real-time tracking of petty cash expenses, providing a clear overview of where your funds are allocated. It helps maintain transparent and accurate records, providing a clear audit trail for all petty cash transactions.

ENHANCED FINANCIAL CONTROL

Improved Financial Oversight

Gain better control over your petty cash with multiple approvers feature ensuring that all payments are authorized before they are processed.

How Our Petty Cash Solution Works

For single transactions

Step 1

Log in to your Openfloat account

Step 2

Select send money, from the drop down, select initiate payment

Step 3

Select payment option (M-Pesa, Till, Paybill, Bank)

Step 4

Input the recipient name, mobile number, notification number, amount and remark

Step 5

Verify recipients' details and attach invoices/receipts if required

Step 6

Complete payment or submit for approval

For Bulk Transactions

Step 1

Log in to your Openfloat account

Step 2

Select send money, from the drop down, select upload payments

Step 3

Download the template and input all the necessary details i.e Account type, account name, account number, notification number, amount and remark

Step 4

Upload your ready payment file

Step 5

Verify recipients' details and attach invoices/receipts if required

Step 6

Complete payment or submit for approval

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What People are Saying about Petty Cash Management

petty cash: 2 min Read

Track Your Business Expenses: Petty Cash Management with Openfloat

In any business, effective petty cash management is paramount in maintaining accurate financial records, preventing fraud or misuse, and ensuring proper allocation of funds. Openfloat offers a comprehensive solution for businesses to streamline their petty cash management processes, providing tools for recording transactions, tracking expenses, and generating reports.

3 December, 2024

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Openfloat

Pesapal, we provide customized payment solutions for our merchants. We listen to their needs and create unique solutions to their payment challenges. We offer businesses an accessible, reliable, and cost-effective way to collect money via mobile money, debit,

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