The Petty Cash Management System by Innovex Solutions is a powerful software application designed to help organizations manage and track small cash transactions. This web-based system simplifies the process of recording and tracking petty cash expenses, while also reducing errors and providing valuable insights into petty cash expenditures.
With the Innovex Solutions Petty Cash Management System, users can record petty cash transactions, track expenses in real-time, and generate reports to analyze spending patterns. The system also includes user management features, and approval workflows to help streamline the expense approval process.
Functional Features:
- User Management: The system has a user management module that allows the administrator to add and remove users, assign user roles, and set user permissions.
- Petty Cash Recording: The system allows users to record petty cash transactions by entering the amount, description, date, and category of the transaction. It allows invoice and receipt upload for verification and audit purpose.
- Expense Tracking: The system tracks expenses and maintains a balance of petty cash in real-time.
- Reporting: The system generates reports that show petty cash transactions and expenses for a specified period. Reports can be exported to Excel format.
- Audit Trail: The system maintains an audit trail of all transactions, including the user who created the transaction, the time of creation, and the user who approved the transaction.
- Approval Workflow: The system has an approval workflow for petty cash transactions. Transactions must be approved by a designated approver before they can be recorded.
Non-Functional Features:
- Security: The system uses strict authentication protocol to protect user data and prevent unauthorized access.
- Performance: The system is optimized for fast response times, even with large data sets.
- Scalability: The system is designed to handle increasing amounts of data and users without compromising performance.
- Usability: The system has a user-friendly interface that is easy to navigate and use.
- Availability: The system is available 24/7 with minimal downtime for maintenance.
- Compatibility: The system is compatible with modern web browsers and mobile devices.
System Architecture: The Innovex Solutions Petty Cash Management System is built using a combination of programming languages using .net MVC. The database used is MySQL. The system is hosted on Amazon AWS cloud server and can be accessed from any device with an internet connection.
Petty Cash Management System by Innovex Solutions is an essential tool for organizations that deal with small cash transactions. The system simplifies the recording and tracking of petty cash transactions, reduces errors, and provides valuable insights into petty cash expenditures. With its robust features and user-friendly interface, the Innovex Solutions Petty Cash Management System is a must-have for any organization that wants to streamline their petty cash management processes.