How The Raigad Group Transforms Team Expenses with UPI Wallets

the-raigad-group-image
the-raigad-group-image
the-raigad-group-image
the-raigad-group-logo
the-raigad-group-logo
the-raigad-group-logo
Industry

Manufacturing

Location

Maharashtra

Size

51-200 employees

  • 9 locations digitized: CashBook cut urgent expense handling from days to minutes.

  • 200-member team enabled: Employees now work cashless with instant transparency.

  • Full control & reliability: Managers gained real-time visibility with a seamless UPI system.

"Cashbook transformed how we handle small and urgent cash expenses across 9 locations, what once took days now happens in minutes”

Aditya Gupta
Executive Director - The Raigad Group

About The Raigad Group

The Raigad Group, operating through Raigad Oxygen Pvt. Ltd., has been a trusted supplier of industrial and medical gases across Maharashtra since 1995. Their portfolio spans oxygen, nitrogen, nitrous oxide, mixtures, and ultra-high-purity gases, critical inputs for hospitals, factories, and laboratories. With operations spread across hubs like Khopoli, their business depends on speed, precision, and reliability.

Major challenges faced by field-driven companies

Pain Points:

Most expenses were cash based and hard to control.

Most expenses were cash based and hard to control.

Most expenses were cash based and hard to control.

Reconciliation and approvals took weeks

Reconciliation and approvals took weeks

Reconciliation and approvals took weeks

Employees paid from pocket and faced delays

Employees paid from pocket and faced delays

Employees paid from pocket and faced delays

Managers had no real-time visibility

Managers had no real-time visibility

Managers had no real-time visibility

Behind the scenes, however, employee expenses posed a major hurdle. Hundreds of small but urgent purchases from spares and service visits to cylinder transport and logistics were handled through cash advances or reimbursements. Finance teams struggled with reconciliation, while employees bore the burden of cash handling.

By adopting UPI wallets for employees through CashBook, The Raigad Group transformed its approach to employee expense management. Today, most operational transactions are cashless, finance teams save significant time on reconciliation, and staff no longer deal with delays in reimbursements. With a structured framework for UPI expense management, the company has achieved both operational agility and financial control.

CashBook addressed The Raigad Group’s challenges with a set of practical, scalable solutions tailored to their operations:

Employees use UPI wallets for micro-spends instead of petty cash

Employees use UPI wallets for micro-spends instead of petty cash

Employees use UPI wallets for micro-spends instead of petty cash

Funds move seamlessly from bank to wallets to vendors with full traceability

Funds move seamlessly from bank to wallets to vendors with full traceability

Funds move seamlessly from bank to wallets to vendors with full traceability

Wallets run on short cycles to keep working capital lean

Wallets run on short cycles to keep working capital lean

Wallets run on short cycles to keep working capital lean

Finance teams get real-time monitoring, spending limits, and compliance-ready reports

Finance teams get real-time monitoring, spending limits, and compliance-ready reports

Finance teams get real-time monitoring, spending limits, and compliance-ready reports

Together, these changes have turned The Raigad Group’s expense process into a fast, transparent, and fully cashless system. By adopting UPI wallets for employees, the company has unlocked tighter financial control, empowered its teams on the ground, and built a future-ready model for UPI expense management.

"The platform gave our managers instant control, complete visibility, and eliminated the chaos of manual UPI and cash handling.”

Aditya Gupta
Executive Director - The Raigad Group

The impact of CashBook’s solution has been significant:

Before CashBook UPI

Cash-heavy, risky, and inefficient

Cash-heavy, risky, and inefficient

Cash-heavy, risky, and inefficient

Reconciliation and approvals take time

Reconciliation and approvals take time

Reconciliation and approvals take time

Employees paid from pocket facing delays

Employees paid from pocket facing delays

Employees paid from pocket facing delays

No real-time visibility for managers

No real-time visibility for managers

No real-time visibility for managers

After CashBook UPI

80%+ expenses now cashless

80%+ expenses now cashless

80%+ expenses now cashless

Reconciliation time cut by half

Reconciliation time cut by half

Reconciliation time cut by half

Employees can pay using prepaid UPI wallets

Employees can pay using prepaid UPI wallets

Employees can pay using prepaid UPI wallets

Real-time dashboards for finance

Real-time dashboards for finance

Real-time dashboards for finance

By streamlining UPI expense management, The Raigad Group has aligned day-to-day operations with financial discipline, resulting in both efficiency and scalability.

"Cashbook team has built something far superior to any other corporate UPI solution we tried seamless, reliable, and a true game-changer for our 200-member team.”

Aditya Gupta
Executive Director - The Raigad Group



Importance of CashBook for The Raigad Group and Similar Businesses

In industries like medical and industrial gases, where downtime is costly, operational agility is essential. CashBook’s digital wallet for business ensures that urgent expenses are met without delay while maintaining financial rigor. For The Raigad Group, this means they can manage spares, logistics, and service tasks with confidence, while finance retains complete visibility.


Multi-Location Control

One system manages employee expenses across 9 sites with complete oversight.

Multi-Location Control

One system manages employee expenses across 9 sites with complete oversight.

Multi-Location Control

One system manages employee expenses across 9 sites with complete oversight.

Time Saved

Finance teams cut reconciliation effort by more than half every week.

Time Saved

Finance teams cut reconciliation effort by more than half every week.

Time Saved

Finance teams cut reconciliation effort by more than half every week.

Live Visibility

Managers see every transaction instantly with real-time dashboards.

Live Visibility

Managers see every transaction instantly with real-time dashboards.

Live Visibility

Managers see every transaction instantly with real-time dashboards.

Live Visibility

Managers see every transaction instantly with real-time dashboards.

End Cash Dependency

UPI wallets for employees replace risky cash advances and reimbursements.

End Cash Dependency

UPI wallets for employees replace risky cash advances and reimbursements.

End Cash Dependency

UPI wallets for employees replace risky cash advances and reimbursements.

End Cash Dependency

UPI wallets for employees replace risky cash advances and reimbursements.

UPI Anywhere

From local vendors to transport, every QR-enabled payment is covered.

UPI Anywhere

From local vendors to transport, every QR-enabled payment is covered.

UPI Anywhere

From local vendors to transport, every QR-enabled payment is covered.

Audit-Ready Data

Every rupee is tagged with purpose, vendor, and user for smooth audits.

Audit-Ready Data

Every rupee is tagged with purpose, vendor, and user for smooth audits.

Audit-Ready Data

Every rupee is tagged with purpose, vendor, and user for smooth audits.

More broadly, companies with distributed teams and frequent micro-spends face the same challenges The Raigad Group once did. By adopting UPI wallets for employees, they can achieve real-time control, reduce dependency on cash, and modernize their corporate expense tracking.

With CashBook, you can simplify employee expenses, go cashless, and gain real-time visibility and control.

Book a demo today and start transforming your expense management.



the-raigad-group-logo
Industry

Manufacturing

Location

Maharashtra

Size

51-200 employees