Receipt Bank vs Everlance Comparison

Receipt Bank

Expense Management Software

4.5 1,532 user ratings

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88% 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

Everlance

Expense Management Software

4.5 157 user ratings

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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

Everlance's automated mileage and expense tracking application. Rated the best tax receipt app. Lose the shoebox of receipts and Digitally store receipts and credit card statements with a single tap. Take the headache and uncertainty out of tax time. Connect your bank and save a percentage of new independent income. Rest easy knowing you saved enough for taxes. Connect your card to Everlance and tell what you do for a living. Read more

Pricing Options

Free Trial Available
Offers Custom plan.

Free Trial Not Available
Starts at $5.00. Offers Free-forever plan.

SW Score & Breakdown

88% 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

94%
Reviews

84%
Momentum

65%
Popularity

77%

Features

Total Features	7 Features	12 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. Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization. Third-party Integration Offers synchronization with third-party applications 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. Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization. Third-party Integration Offers synchronization with third-party applications Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects + 9 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	4.5/5 157 user ratings
Rating Distribution	Excellent 76.4% Very Good 14% Average 0.9% Poor 1.1% Terrible 7.5%	Excellent 69.4% Very Good 18.5% Average 8.3% Poor 0.6% Terrible 3.2%
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	Automatic Mileage Tracking, Ease of Use, Accurate Mileage Tracking, Comprehensive Expense Tracking Inaccurate Trip Tracking, Battery Drainage, App Crashes/Glitches, Missing Trip Data
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.	Everlance users widely appreciate its user-friendly interface and seamless integration with various financial tools. Many reviewers commend its accurate mileage tracking, detailed expense reports, and hassle-free receipt management. The mobile app's convenience and accessibility are praised, enhancing the overall user experience. However, some users have expressed concerns about occasional glitches and the pricing structure, suggesting room for improvement in terms of affordability.
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Pricing

Pricing Options	Free Trial Available Offers Custom plan.	Free Trial Not Available Starts at $5.00. Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	Streamline Custom Optimize Custom	Basic Free Premium $5.00 $8.00 per month Premium+ $10.00 $12.00 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

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	View All Receipt Bank Alternatives	View All Everlance Alternatives