We are organising Africa’s Financial data so every growing business can realise their full potential.
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and think pieces from the team at Boya.
There are multiple components within your company that contribute to how effectively you run it. One major component is spend control. While it is frequently stated that you need to spend money so that you can make money, how your business spends money is a huge contributor to your business’s success. As a result, spend… View Article
Processing expense reports can be notoriously tedious not only for employees who are needed to account for funds but also for the finance department who don’t enjoy the labor-intensive workflow of recording, submitting, reviewing, and reimbursing expenses. Luckily with the advancement in technology expense management software can help automate the entire process, saving companies valuable… View Article
As the world quickly becomes digitized and everything quickly moves online, alternative payment methods continue to grow in popularity across the business-to-business (B2B) landscape, as digital channels offer important advantages over traditional, paper-based schemes. Virtual cards are one notable payment option, and their growth momentum in the business-to-business (B2B) space cannot be ignored. In fact,… View Article
Cash flow Management is the foundation of all businesses and a key to the long-term business success Despite this, many business owners often find it challenging to accurately manage business cashflow. In fact, a study by QuickBooks, “The State of Business Cash Flow” showed that the majority of businesses around the world (61%) struggle with… View Article
Every company needs an expense policy that is understood by all and sundry in the organization. Everyone from the most junior to the most senior employee needs to learn the policy by heart so as to avoid cases of accidental spending or cases where an employee expects to be reimbursed money spent against the company… View Article
End the Incessant Tug of Wars Between the Finance and Operations teams with Boya Finance and operations teams functions are at most times in conflict in many organizations. While finance team functions are optimized to get the most out of every dollar, operations team functions are optimized to get the most out of every hour. … View Article
Are prepaid cards becoming the new way businesses can handle purchases? Let’s take a look at a typical example – Boya’s prepaid Visa cards. With the consolidation of many financial services into the digital space, you might be wondering if the future of banking is here yet. Are prepaid cards becoming the new way businesses… View Article
One way to achieve business efficiency is by having a record of your cash flow and one way to do this is through implementing an expense management strategy. A few years ago, managing expenses was a chaotic, time-consuming process for many businesses. With employees using personal cards to make work-related payments, it was virtually impossible… View Article
Are you struggling to gain visibility of your business expenses across banks, mobile money and cash? Expense management tools track employee spending and determine how your business will reimburse any costs incurred.
The fast-paced nature of running Small and Medium Enterprises (SMEs) often results in not having enough time to track your expenses and payments. However, doing so is the best way to keep your business on track.