Receipt-AI
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About
Receipt-AI is an AI-powered receipt management tool that helps businesses and individuals save time and improve productivity. It allows users to upload receipts via SMS, email, or website, and uses AI to extract key information such as date, vendor, total, and line items. The extracted data is then automatically categorized and uploaded to accounting software like Xero and QuickBooks. Receipt-AI supports 39 languages and various image formats. It offers one-click reconciliation and provides visual insights into project expenses.
Platform
Features
• secure data encryption
• supports jpeg, png, pdf, tiff, webp, heic, and heif file formats
• supports 39 languages
• expense report generation
• data extraction and categorization
• one-click reconciliation with xero and quickbooks
• ai-powered receipt processing
• upload receipts via sms, email, or website
FAQs
Why do I need to keep receipts?
Purchases, sales, payroll, and other transactions you have in your business will generate supporting documents. It is important to keep these documents because they support the entries in your books and on your tax return.
What makes Receipt-AI unique?
What sets Receipt-AI apart is its SMS-based receipt upload feature. Users can simply send a picture of their receipt via text message, and Receipt-AI takes care of the rest: extracting data, renaming files, AI-categorizing expenses, ensuring secure storage, and uploading them. This SMS functionality allows receipt management to happen anytime, anywhere, without the need to download additional apps, making it exceptionally accessible and convenient.
Who is Receipt-AI for?
Receipt-AI is for businesses, finance teams, and individuals who handle expense reporting and need to manage, track, and organize receipts efficiently. Especially useful for teams that are frequently traveling, working on job sites, as well as for other on-site professionals.
What file formats does Receipt-AI support for receipts?
Receipt-AI supports the following file formats for receipts, including JPEG, PNG, PDF, TIFF, WEBP, HEIC, and HEIF.
What are the primary technologies used for Receipt-AI?
Receipt-AI is built on straightforward yet powerful technologies. It uses everyday tools such as email and SMS to collect receipts, and AI-driven algorithms to extract and sort information accurately. For financial tracking, it integrates directly with established software like QuickBooks and Xero to keep everything in sync.
Is my data in Receipt-AI encrypted and safe?
Yes, every receipt in Receipt-AI is encrypted and securely protected, as well as your account information. Safeguarding your data is our top priority.
Does Receipt-AI support email upload?
Yes, Receipt-AI supports email uploads. You can forward your receipt from the registered email address, with or without attachments. We aim to simplify the process for you.
How to include a memo to my receipt?
If you are using SMS, include a text message with your receipt photo before sending it to Receipt-AI. If you are using email, add a memo in the subject line.
Where can I find my uploaded receipts on Xero?
Click Reconcile [xx] items, then Account transactions.
Where can I find my uploaded receipts on QuickBooks?
Search 'Attachments' using magnifier icon.
Can I send multiple receipts in one message?
Yes, you can send as many receipt photos as you like in one or more messages. Our system treats each photo as a separate receipt and stores them in your account.
Do I need to include a message with my receipt image?
No, you don't need to type any messages. Our machine learning technology extracts information from the receipt image automatically such as date, vendor name and total amount. However, if you want to include a message, you can do so, and it will be displayed in your account.
Does it support countries outside of US and Canada?
At the moment, we support phone numbers from the US and Canada only, while email works worldwide. And we're actively working to bring Receipt-AI to more countries soon. Type your email and be the first to know when we expand our reach.
Can I use Receipt-AI if I don't have accounting software?
You do not need accounting software to use Receipt-AI. In fact, Good financial knowledge is key to making smart decisions and gaining insights.
How is 97% higher productivity calculated?
To calculate the 97% time saving, we compared the time required for the traditional method of uploading receipts to a computer, renaming receipts, and uploading them to our accounting software with the time needed for the Receipt-AI process. We manually went through the traditional method as quickly as possible, setting a timer to track our speed. In contrast, with Receipt-AI, we simply take a picture of the receipt and text it. By comparing the time difference, we found that we reduce repetitive work time by 97%.
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