Receipt-AI

What is Receipt-AI?

Receipt-AI is a smart receipt management solution designed for businesses, finance teams, and individuals who need to efficiently track and organize receipts, especially useful for traveling teams and on-site professionals. It leverages AI and machine learning to automatically extract detailed receipt data including vendor, date, total, and line items from images sent via SMS or email. The platform supports multiple receipt formats and integrates directly with popular accounting software like QuickBooks and Xero, significantly reducing manual data entry and saving up to 97% of time compared to traditional methods. Security is prioritized with encryption and continuous monitoring to protect user data.

Key Features

• AI-Driven Data Extraction

  Automatically extracts key receipt details such as vendor name, date, total, address, phone number, and individual line items with high accuracy.

• Multi-Format Receipt Support

  Accepts various file types including JPEG, PNG, PDF, TIFF, WEBP, HEIC, and HEIF for flexible receipt uploads.

• Seamless Accounting Integration

  Directly uploads and syncs receipt data with QuickBooks and Xero, streamlining expense tracking and reconciliation.

• SMS and Email Uploads

  Enables receipt submission via simple SMS or email forwarding, supporting up to three receipt images per message.

• Advanced Security Measures

  Employs encryption and continuous monitoring to safeguard sensitive receipt and account information.

• Smart Receipt Organization

  Automatically sorts receipts, detects discrepancies with a 'Review Required' flag, and supports multi-page PDF parsing for comprehensive expense management.

Use Cases

• Traveling Teams Expense Management : Streamlines receipt capture and expense reporting for employees frequently on the move or working on job sites.
• Finance and Accounting Automation : Reduces manual data entry by automating receipt data extraction and syncing with accounting platforms.
• Small Business Expense Tracking : Simplifies receipt management for small businesses without requiring advanced accounting knowledge.
• Team Collaboration : Allows team members to upload receipts via SMS or email, centralizing expense data for easier management.

FAQs