In this article, we will show you how we can make the lives of your accountants easier.
No company can live without an accountant. But why is their job important and what does it have to do with our pre-accounting feature?
Every company expense has to be reconciled. To do that, the accountant would normally go through all invoices and manually gather Supplier, Document, and Tax-related and VAT information for every expense.
Luckily, Payhawk pre-accounting does that automatically for you. We use data extraction algorithms in order to collect relevant information from all invoices.
Essentially, pre-accounting eases the workload of your accounting team.
This feature is available to our Premium Spend and Scale plans by default. If you want to have it with your NextGen plan, don't be afraid to reach out to us. 😊
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