For instance, you can greatly minimize customer receipts by using a credit card reader that works with your smartphone or tablet. When choosing a receipt-tracking app for your company, you have multiple things to consider. A receipt app will save you from searching through a pile of receipts when doing your taxes. But most
importantly, when you tap on Expense,
you can quickly upload receipts by taking a snapshot of the receipt.
- Categorizing your receipts can be a pain, but when you work with Bench, we manage that for you.
- Most receipt business expense management apps work the same way.
- And if you drive for work, the app will track your mileage using your phone’s GPS.
- Depending on your small business needs, you may even wish to organize the document by purchase date or vendor.
The app’s pricing model and subscription options were evaluated to gauge affordability and value for price. This includes the monthly price, as well as minimum user requirements, contract lengths, free trials and money-back guarantees. Additionally, you can use Shoeboxed tools to catalog and organize your receipts in a way that makes sense to you. You can stick with default recommendations, or you can personalize the experience.
Is your Business in need of Receipt Scanning Software?
That means you’ll have all the tools you need to handle multiple tasks, from scanning receipts to signing contracts. Genius Scan supports text recognition, multipage PDF creation, and PDF encryption with password protection. The app’s basic features are free, and you can upgrade to Genius Scan+ for a one-time fee of $9.99 if you need more features. You can also pay $2.99 per month for Genius Cloud, which will back up your data automatically. We looked for receipt apps that offer several key features, including receipt scanning, automatic backups, and custom reports.
You’ll need at least five employees to make this powerful mobile app worth your while. Once you hit that hiring threshold, use Fyle to approve (or reject) your team members’ expenses on the go — complete with direct integrations to Visa and Mastercard. Popular with frequent travelers, Expensify helps you simplify your expense tracking on the go. Just take a picture of any business-related receipt and upload it.
Best Receipt Scanner Apps/Tools to Keep Track of Expenses
By now, you have a good understanding of the top apps available in 2023, including Zoho Expense, QuickBooks Online, and Expensify. Each app has its own strengths and weaknesses, so it’s important to consider your specific business needs before deciding. Furthermore, Expensify simplifies per diem allowances by providing pre-set rates based on location. Upload your receipts your way—then sit back and let Wave auto-magically turn them into bookkeeping records.
- We can help you file taxes and identify deductions that can save you money.
- You can share the scans via email, to any cloud accounts
like Dropbox, Evernote, or Google Drive, or even over Wi-Fi directly to your
computer. - If your business travels tend to take you abroad, Abukai is the receipt tracker for you.
- Its simple process allows users to manage their receipts and stay organized effortlessly.
- If you are looking for cloud-based accounting software, then Freshbooks is best for you.
You can link it directly to your bank account, debit cards, and credit cards to import your expenses automatically. WellyBox is an intelligently interfaced web-based app that can generate expense reports by locating receipts and invoices throughout linked email inboxes and organizing them together. If you wish, you can even set WellyBox up to forward relevant financial information directly to your accountant or any accounting software you use. A receipt scanner app is a smartphone application that enables your staff to capture receipts using their cell phones.
Neat Receipts
Snap pictures of your paper receipts with your mobile device, submit and be done with them. Join over 1 million businesses scanning receipts, creating expense reports, and reclaiming multiple hours every week—with Shoeboxed. You can stuff your receipts into one of our Magic Envelopes (prepaid postage within the US). Use our receipt tracker + receipt scanner app (iPhone, iPad and Android) to snap a picture while on the go. Or forward a receipt to your designated Shoeboxed email address.
The tools we’ve mentioned make it accessible without needing to preserve hundreds of little paper slips. During scanning, the software automatically recognizes multi-page or lengthy receipts and invites users to scan more pages. It cleverly combines scanned pages to produce a coherent receipt document.
Expensify — Top Pick
The ability to turn your receipts from paper to a digital
format can make your expense tracking much simpler. And with most apps offering
the feature to even automate sending those receipts to expense reports could
make your business travel effortless. Furthermore, Neat’s expense management data connects best apps to keep track of receipts with accounting tools (like QuickBooks) and tax tools (H&R Block’s and TurboTax). With Neat, there’s no need to manually export your expense reports, non-financial documents, or itemized receipts if you’re logging them on Neat. Most receipt business expense management apps work the same way.
The software relies on Optical Character Recognition (OCR) technology to extract data from scanned receipt images. OCR allows the software to convert scanned images into editable and searchable data instead of entering the information yourself. Many image source apps include a mobile app allowing you to scan documents from your smartphone or other mobile device. These management apps are great for keeping track of receipts and account information. Dext Prepare helps users efficiently capture and organize data from client cost and revenue documents. The app can be accessed through a mobile app, email or automatic invoice fetch and can be integrated with various accounting software.
If you are interested in the best receipt scanner to track business expenses for your small business, continue reading this blog post to find out which one we recommend. Divvy touts itself as the world’s first free, fully-automated spending and expense management software. It allows you to track business expenses with real-time budget insights to help you avoid going over budget.