Receipt AI

What is Receipt AI?

Receipt AI is an innovative app designed to streamline receipt management by leveraging artificial intelligence and the convenience of SMS. It stands out for its SMS-based receipt upload feature, allowing users to easily send a picture of their receipt via text message for automated data extraction, categorization, and secure storage. Receipt AI targets businesses, finance teams, and individuals who need to efficiently manage, track, and organize receipts, especially beneficial for teams on the go or working on-site. The app supports various file formats for receipts, integrates with software like QuickBooks and Xero for financial tracking, ensures encrypted and secure data storage, and allows users to upload receipts via email as well. Additionally, Receipt AI offers features such as centralized receipt management, quick software integration, smart folder categorization, visual expense insights, and offline functionality for continuous productivity. By using Receipt AI, users can save significant time and enhance productivity, as demonstrated by a calculation showing a 97% reduction in repetitive work time compared to traditional receipt uploading methods.

Who created Receipt AI?

Receipt-Ai was created by unspecified founders. The company focuses on streamlining receipt management through innovative features like SMS-based receipt upload, integration with financial software like QuickBooks and Xero, and secure data encryption. The app aims to cater to businesses, finance teams, and individuals seeking efficient receipt organization and expense tracking, particularly beneficial for professionals on the go.

What is Receipt AI used for?

• Streamline receipt management with the aid of artificial intelligence
• Enhance productivity by saving 97% of time when uploading receipts
• Manage receipts without internet access by texting
• Centralized receipt hub for adding receipts from any source
• Effortlessly link Receipt-AI with Xero or QuickBooks for fast receipt uploads
• Organize receipts efficiently with smart folder categorization
• Gain insights with visual expense analysis using charts
• Text receipts to the app in seconds even without an internet connection
• Improve workflow efficiency with over 968+ receipts uploaded
• Accessible dashboard for a more efficient workflow
• Expense reporting for businesses
• Receipt management for finance teams
• Organizing receipts for individuals
• Efficient receipt tracking for traveling teams
• Managing on-site professionals' receipts
• Streamlining expense organization
• Enhancing productivity through time-saving receipt uploads
• Automated data extraction and categorization
• Secure receipt storage and management
• Integration with accounting software
• Centralized Receipt Hub: Add receipts from any source physical or digital into one convenient location using Email and SMS
• Quick Software Integration: Effortlessly link Receipt-AI with Xero or QuickBooks for fast receipt uploads without complications
• Smart Folder Categorization: Organize your receipts efficiently by categorizing them into folders with prompts from the app
• Visual Expense Insights: Gain a clear view of your spending with just one click using pie column and bar charts for analysis
• Offline Functionality: Text receipts to the app in seconds even without an internet connection thus ensuring continuous productivity

Who is Receipt AI for?

• Businesses
• Finance teams
• Individuals
• Business owners
• Individuals handling expense reporting

How to use Receipt AI?

To use Receipt-AI effectively, follow these steps:

1. Upload Receipts: Utilize the SMS feature by sending a picture of your receipt via text message. Receipt-AI will extract data, categorize it, and securely store it, ensuring accessibility and convenience without the need for additional apps or internet.

2. Supported File Formats: Receipt-AI supports various file formats for receipts including JPEG, PNG, PDF, TIFF, WEBP, HEIC, and HEIF.

3. Technologies Used: The tool integrates email and SMS for receipt collection, AI algorithms for data extraction, and interfaces with software like QuickBooks and Xero for financial tracking.

4. Data Security: Rest assured that all receipts in Receipt-AI are encrypted and secure, along with your account information.

5. Memo Inclusion: When using SMS, attach a text message to your receipt photo. For email uploads, add a memo in the subject line.

6. Receipt Organization: Easily find your uploaded receipts on Xero and QuickBooks by following specific steps outlined in the tool.

7. Multiple Receipts: Send multiple receipt photos in one or more messages. Each photo will be treated as a separate receipt.

8. No Message Requirement: While no message is necessary, you can include one if needed, as the system automatically extracts information such as date, vendor name, and total amount.

9. Global Support: While phone numbers are currently supported for the US and Canada, email upload works worldwide, with plans to expand coverage to more countries soon.

10. Productivity Calculation: Receipt-AI saves 97% of time by streamlining the receipt upload process compared to traditional methods, as detailed in the tool.

By following these steps, you can efficiently manage and track your receipts using Receipt-AI, enhancing your productivity and financial organization.