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83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

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Overview

Description 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. Read more Manage the entire process online and automate tasks for increased efficiency, saving your finance team time and gain a better employee experience. Employees can complete and submit every type of expense. Employees capture digitally for faster paperless processing. Employees capture paper and e-receipts digitally for faster paperless processing. Review up to date spend with fast and automated payment reporting & analytics. Read more
Pricing Options
  • Free Trial Available
  • Offers Custom plan.
  • Free Trial Not Available
  • Offers Custom plan.
SW Score & Breakdown

83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    92%
  • Reviews
    79%
  • Momentum
    60%
  • Popularity
    62%

Features

Total Features
7 Features
11 Features
Common Features for All
    Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book.
    Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card.
    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
    Multi-level Approval A sequential and thorough review process to approve expenses.
    Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate.
    Receipt Management Store and manage receipts of the expenses incurred by the employees.
    Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.
    Reimbursement Management Helps in managing employee expenses claims and regularize the approval process.
    Spend Control To reduce spending and prevent unauthorized use by setting transactional control.
    Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.
    Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects
  • + 4 More - Show Less
    • Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book.
      Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card.
      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
      Multi-level Approval A sequential and thorough review process to approve expenses.
      Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate.
      Receipt Management Store and manage receipts of the expenses incurred by the employees.
      Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.
      Reimbursement Management Helps in managing employee expenses claims and regularize the approval process.
      Spend Control To reduce spending and prevent unauthorized use by setting transactional control.
      Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.
      Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects
  • + 8 More - Show Less
  • Technical Details

    Organization Types Supported
    • Large Enterprises
    • Medium Business
    • Small Business
    • Large Enterprises
    • Medium Business
    • Small Business
    Platforms Supported
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    Modes of Support
    • 24/7 (Live rep)
    • Business Hours
    • Online
    • 24/7 (Live rep)
    • Business Hours
    • Online
    API Support
    • Available
    • NA

    Reviews & Ratings

    User Rating
    4.5/5 1,532 user ratings
    4.3/5 10 user ratings
    Rating Distribution
    • Excellent

      76.4%
    • Very Good

      14%
    • Average

      0.9%
    • Poor

      1.1%
    • Terrible

      7.5%
    • Excellent

      50%
    • Very Good

      30%
    • Average

      20%
    • Poor

      0%
    • Terrible

      0%
    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

      Not Available
    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.

    Not Available
      Read All User Reviews Read All User Reviews

    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Available
    • Offers Custom plan.
    • Free Trial Not Available
    • Offers Custom plan.
    Pricing Plans
    Monthly Plans Annual Plans

    Streamline Custom

    Optimize Custom

    Access Expense Custom

     
    View Detailed Pricing
    View Detailed Pricing

    Screenshots & Videos

    Videos Video Thumbnail
    + 2 More
    Not Available

    Vendor information

    Company Details Located in: London, England Founded in: 2010

    Not available

    Contact Details

    Not available

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

    Not available

    https://www.theaccessgroup.com/expense-software/

    Social Media Handles

    Not available

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