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About Receipt Bank

Receipt Bank is a paperless expense management platform that connects accountants, bookkeepers, and businesses all around the world. It has the highest accuracy of any cloud app when scanning critical details from papers. Your clients can send you documents in a variety of ways, including through app, email, post, and more, with Receipt Bank. They send reminders to your clients' phones regularly to assist them to stay on top of their spending. All photos and collected data are saved in the cloud in a secure and compliant manner. Client data can be exported to CSV, PDF, or published to their cloud platform, along with an image. Its practice efficiency features allow you to have a better understanding of your firm's overall performance while also saving time. You can boost productivity by devoting time formerly spent on customer paperwork to other areas of the company. Furthermore, you will be able to engage with your client frequently about their business via in-app live discussion on specific things supplied and costs.

Screenshots & Videos

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Pricing

Platforms Supported

  • Browser Based (Cloud)
  • Mobile App (Android, iOS)

Organization Types Supported

  • All (Small, Medium, Large)

API Support

  • Available

Modes of Support

  • 24/7 (Live rep), Business Hours, Online

Receipt Bank Features

Expense Management Features

Multi-level Approval

A sequential and thorough review process to approve expenses.

Receipt Management

Store and manage receipts of the expenses incurred by the employees.

Multiple Reporting Currency

Reports entries from different origin currencies in the native exchange rate.

Reimbursement Management

Helps in managing employee expenses claims and regularize the approval process.

Expense Approval

Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.

Mileage Tracking

Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports

Time & Expense Tracking

Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects

Card Spending Tracker

Automatically tracks the expense done using a linked debit or credit card.

Reconciliation Summary

A statement prepared to report total outstanding payments and receipts.

Tax Claim

Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.

Bank Feed Sync

Can sync with bank notification and fetch expenses to make entries in the record book.

Receipt Scanner

OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.

Spend Control

To reduce spending and prevent unauthorized use by setting transactional control.

Third-party Integration

Offers synchronization with third-party applications
Receipt Bank Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Quotation Based )

Pricing Plans

Screenshots of Vendor Pricing Page

Pricing screenshot

Disclaimer: The pricing details were last updated on 09/06/2020 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Receipt Bank Pricing.

Receipt Bank Alternatives

View All Receipt Bank Alternatives

Receipt Bank Reviews

User Rating

4.5/5 (Based on 622 Ratings)

Rating Distribution

  • Excellent

    72.2%
  • Very Good

    19.3%
  • Average

    1.6%
  • Poor

    0.6%
  • Terrible

    6.3%

User Sentiments

Accurate Data Extraction, Time-Saving Efficiency, Seamless Integrations with Accounting Software, User-Friendly Mobile App

Occasional Data Extraction Errors, Limited Invoice Fetch Functionality, Lack of Sales Invoice Processing, Confusing Client Account Management

Do You Use Receipt Bank?

Write a Review

Review Summary

Receipt Bank is generally well-received by users, earning praise for its user-friendly interface, OCR technology, and seamless integration with accounting software. Reviewers find it efficient in organizing and categorizing receipts, saving time and reducing manual data entry. Additionally, the mobile app is lauded for its convenience in capturing receipts on the go. However, some users have reported occasional technical glitches and suggest improvements in invoice processing and customer support. Overall, Receipt Bank is considered a reliable and efficient tool for managing receipts, helping businesses streamline their expense management processes.

Pros

  • Automates receipt processing, saving time and reducing errors.
  • Easy to use interface and mobile app for convenient expense tracking.
  • Integrates with popular accounting software, simplifying expense management.
  • Robust reporting and analytics capabilities for better financial insights.

Cons

  • Some users have experienced occasional technical glitches and slow processing times.
  • Limited OCR accuracy for receipts with complex or handwritten text.
  • Can be expensive for small businesses or individuals with lowvolume receipt processing needs.
  • Customer support response times could be improved.

Receipt Bank Reviews

AI-Generated from the text of User Reviews

Videos on Receipt Bank

Receipt Bank FAQs

What is Receipt Bank used for?

Receipt Bank is Expense Management Software. Receipt Bank offers the following functionalities:

  • Multi-level Approval
  • Receipt Management
  • Multiple Reporting Currency
  • Reimbursement Management
  • Expense Approval
  • Mileage Tracking
  • Time & Expense Tracking

Learn more about Receipt Bank features.

What are the top alternatives for Receipt Bank?

Does Receipt Bank provide API?

Yes, Receipt Bank provides API.

Receipt Bank Contact

Vendor Details

London, England Founded : 2010

Contact Details

Not available

https://www.receipt-bank.com/uk/accountants-and-bookkeepers/

Social Media Handles

Grid Report for Receipt Bank

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