Payhawk is an all-in-one financial management platform designed to streamline business spending, automate expense tracking, and enhance compliance with digital solutions. With next-generation corporate cards, real-time reconciliation, and seamless accounting integrations, Payhawk simplifies financial operations for businesses of all sizes. Whether managing employee expenses, processing invoices, or controlling budgets, Payhawk provides a secure and efficient way to handle company finances.
Next-Generation Corporate Cards & Expense Control
- Instant Card Issuance – Generate physical or virtual cards for employees with a single click.
- Custom Spending Limits – Set restrictions by vendor, category, or time period.
- Cash Withdrawal & Online Payment Controls – Enable or disable ATM withdrawals and digital transactions.
- Approval Chain Customization – Allow employees to request funds through a structured approval process.
- Team Cards for Shared Budgets – Manage subscriptions, marketing expenses, and project-based spending.
- Visa Business Debit Cards – Accepted worldwide for seamless transactions.
Automated Expense Tracking & Paperless Management
- Real-Time Notifications – Capture receipts and invoices immediately after transactions.
- Automated Invoice Matching – Sync digital invoices with card transactions effortlessly.
- Smart Categorization – Organize expenses based on a predefined chart of accounts.
- Pre-Accounting Automation – Utilize AI-powered data extraction in 60+ languages for seamless reconciliation.
- Instant Budget vs. Actual Reports – Monitor financial performance in real time.
- SEPA & Faster Payments Transfers – Pay bills and reimburse employees directly from the platform.
- Long-Term Digital Record Keeping – Store invoices, receipts, and bank statements securely for 10 years.
Seamless Accounting Integrations & External Team Collaboration
- Direct Accounting System Sync – Push reconciled expenses to accounting software effortlessly.
- Exportable Monthly Reports – Generate Excel reports for external accounting teams.
- Secure & Compliant Financial Management – Ensure regulatory compliance with automated processes.
Why Choose Payhawk?
- Provides instant corporate card issuance with advanced spending controls.
- Automates expense tracking, invoice matching, and reconciliation for efficiency.
- Integrates seamlessly with accounting systems for streamlined financial management.
Frequently Asked Questions
Q: How does Payhawk help businesses manage expenses?
A: It automates expense tracking, invoice matching, and reconciliation for seamless financial management.
Q: Can employees request funds through Payhawk?
A: Yes, employees can submit fund requests through a structured approval process.
Q: Does Payhawk support international transactions?
A: Yes, Visa business debit cards are accepted worldwide.
Q: Can external accounting teams access Payhawk reports?
A: Yes, businesses can export monthly Excel reports for external accountants.
Q: How long are financial records stored in Payhawk?
A: Invoices, receipts, and bank statements are securely kept for 10 years.
Version History
v3.63.1 ---- 3 Mar 2024
Various fixes and improvements.