Best Enkash alternative in 2022

Volopay has entered the market as one of the best expense management software in the country. The platform comes with physical corporate cards and unlimited virtual cards, cheaper forex transfer rates, accounting automation, multi-currency wallets, and powerful software integrations. Equipped with these features, Volopay presents a solid case as an alternative for the best expense management software already in the country, including Enkash.

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Volopay vs Enkash - A Snapshot

Features
  • USD cards
  • GPay/ApplePay compatibility
  • International transfers
  • Recurring payments
  • AP automation
  • Multi-currency wallets
  • Exchange funds b/w currencies
  • Reimbursements
  • Universal CSV
  • Accounting auto-classification (triggers)
  • Xero integration
  • Netsuite integration
  • Deskera integration
  • MYOB integration
  • ZohoBooks integration

How is Volopay an upgrade on Enkash?

Volopay gives you an all-in-one, comprehensive expense management software that you can use as a fully integrated business accounting suite. The platform works as an end-to-end system so that you can manage every single accounting process from one single dashboard. While similar systems do provide accounting services they do not, however, come with the comprehensiveness of Volopay, not even Enkash.

Corporate cards to power all forms of company spending

From one-time burner cards to individual business travel cards, the use of Volopay corporate cards for business is only limited by your imagination. These corporate cards with credit are powered by the latest in finance technology to make your business payment and accounting experience seamless and super fast. These cards can be issued in both physical and virtual forms. In fact, you can issue an unlimited number of virtual cards with Volopay. Additionally, unlike Enkash, Volopay gives you the ability to load money and spend using USD cards while incurring no FX component charged for USD spending.

Even more features on corporate cards

You can proactively set and customize controls on Volopay corporate cards. You can use this to track all the money that leaves your company, in real-time. You can set up complex, customizable approval workflows on these cards to fit your company’s needs and requirements. These cards are also equipped for quick, easy, and cheap international money transfers, vendor payments, recurring payments, and more.

State-of-the-art accounts payable software

With Volopay, you get a dashboard that comes equipped with accounts payable software as well. Volopay’s accounts payable software can be used to send money across the globe while Enkash only provides domestic payments facilities. On Volopay you can maintain multi-currency wallets too. These wallets can be used to make easy and secure international vendor payments, store money in various currencies and convert funds between these currencies without having to splash out on conversion rates. You can even use this dashboard to automate data entry, invoice matching, and processing, expense reporting as well as approval routing. 


Another point of difference here is that with Volopay you can assign cards not only to employees but to departments as well. Teams can see how much the company is spending with each vendor, so they can easily organize expenditures and determine whether there is sufficient ROI.

Seamless accounting integrations with triggers

While both Volopay as well as Enkash provide accounting integration facilities, the two services are not at par. Enkash integrates just like most other software do, where you have to classify transactions yourself. Volopay, in contrast, goes a step further with accounting automation triggers. These triggers are basically classification parameters, like transaction category, codes, etc., that you can customize and preset. Once set, the triggers automate the entire accounting integration process, requiring little to no manual intervention whatsoever. Moreover, Volopay integrates with Xero, Netsuite, MYOB, Deskera, ZohoBooks, and a number of other software that Enkash is not compatible with.

No hidden costs and flexible pricing

To ensure our platform is accessible to companies from all categories our prices are flexible as per your requirements. There are no hidden costs, no fine print whatsoever. Our remittance rates are the best in the market, even better than the rates provided by banks. This means that you save a lot more money and get the right value out of your investments.

Customer service that never lets you down

Volopay customer service is right up there with the best, our CS team surpasses not just Enkash but most competitors out there. To ensure our clientele has a smooth experience on our platform we have assembled a customer service team that is at your service 24*7, 365 days of the year. We’ve received many accolades thanks to our customer service systems and are proud to boast one of the happiest clients in the industry.

Credit line up to 500K on your Volopay cards

While Enkash does provide revolving credit lines on its cards there is no proper credit line available at the moment. With Volopay, on the other hand, you get access to an in-house credit line worth up to USD 500K. The best part is that there are no interest fees charged, the credit approval process is super easy plus you get a flexible repayment cycle.

Financial stack for business

No more switching between multiple bank accounts and tools to run your smart business. We have combined great software with every service you are using a bank for, to produce a state-of-the-art financial platform.

Corporate cards

Empower your employees with physical and virtual cards

Expense management

Manage and track every dollar that leaves your company

Business Bank Account

Open a global account with multi-currency payments.

Accounts Payables

Manage vendors, approve invoices and automate payments.

Accounting Automation

Save hours daily, and close your books faster every month.

Integrations

Integrate with the all the tools and software that you use daily.

No more waiting.! Switch to a smarter spend management tool