CashBook provides an online application that utilizes UPI-powered digital wallets to enable businesses to track employee expenses and income with attached bills and invoices. The platform allows managers to set spending limits and control cash flow, minimizing financial leakages and integrating seamlessly with existing accounting software.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
1VBTFVFounders
Product
Problem
Many businesses struggle with tracking employee expenses and maintaining control over cash flow, leading to financial leakages and difficulties in integrating expense data with existing accounting systems. Traditional methods often involve manual processes and lack real-time visibility into employee spending.
Solution
CashBook offers a UPI-powered digital wallet platform designed to streamline employee expense tracking and provide businesses with greater control over their finances. The platform enables managers to issue digital wallets to employees, set spending limits, and monitor transactions in real-time. All expenses made by employees are automatically tracked with attached bills and invoices, minimizing financial leakages. CashBook integrates seamlessly with existing accounting software, simplifying reconciliation and reporting processes.
Target Audience
CashBook primarily targets businesses of all sizes that need a more efficient and transparent way to manage employee expenses and control cash flow.
Features
- UPI-powered digital wallets for employees to make expenses.
- Real-time expense tracking with attached bills and invoices.
- Customizable spending limits for individual employee wallets.
- Automated expense report generation.
- Integration with existing accounting software for streamlined reconciliation.
- NPCI-approved application with industry-standard encryption protocols.
- Role-based access control for managing team finances.
- Mobile app available on Android and iOS.