Generally, businesses use a financial package such as QuickBooks to maintain their financial records. But documents supporting the financial entries can be stored all over the place—in file folders, as email attachments, on shared drives, or on a personal hard drive. These materials are often requested during audits and employees must then scramble to produce the backup documents.
Use the sitesprout™ Finance Management workspace to...
Comply with regulatory requirements by categorizing and storing all financial documents in one location and using history trails
Ensure document retention needs are met
Store supporting documents for accounts receivable and payable
Publish the expense report template
Provide an electronic purchase order without license to your Accounting software
Publish a list of approved vendors and suppliers with their contact information
Collaborate on budgets