Payhawk helps business to go paperless
Payhawk's goal is to ease and simplify the life of all stakeholders in the pre-accounting process. Cardholders should focus on their business goals, not on keeping all paper receipts for their expense report. Accountants should process and interpret the data, not fill folders with paper.
We are proud to stay true to our goal with this product announcement. We are introducing features to help our clients with compliance and enable them to build paperless pre-accounting processes.
Cropping: This is an important issue for our Spanish and Belgian customers. When a cardholder uploads a document via the Payhawk's app, Payhawk automatically detects the document's edges. The cardholder can edit the cropping area by moving the edges or the whole crop frame. You can learn more about this feature here.
Transform images to PDF: This is an important issue for our Spanish and French customers. Image file formats change. For example, Apple introduced a new proprietary image format for the iPhone with the iOS 11.
Consequently, if a company chooses the wrong format, it might face interest payments and penalty fees in a few years. Hence, Payhawk automatically transforms and stores all uploaded images in a standardized PDF format. We are making sure that auditors and business can open these documents in 10 years.
Time-stamp: This is an important issue for our Spanish, French, German and Belgian customers. When an employee uploads a document, Payhawk will automatically time-stamp the image and add it as a meta-data to the document. In the case of an audit, the company can verify that this is the original, unmanipulated image. This is a requirement in all legislations.
This step adds another piece of the puzzle for Payhawk to enable customers across the European Economic Area to do paperless accounting.