To continue to add to our pool of accounting and bookkeeping tools and resources and with a strong vision for the digital accounting world of the future, we have recently partnered with Receipt Bank to offer our clients the ‘optimize solution.’
Receipt Bank integrates with our three cloud accounting solutions: Quickbooks, Xero and FreeAgent and our team have been busy receiving training, ready to provide our clients with expert advice.
What is Receipt Bank?
Receipt Bank gives you the opportunity to
save time. It is a software application that allows business owners to electronically capture and store receipts, invoices and other supporting documents that a business depends on to ensure they keep accurate and secure financial records.
Receipt Bank removes the hassle of manual entry. After making a purchase, a business owner can upload a receipt to Receipt Bank and the software can then work away using the latest optical character recognition technology to separate the information needed.
What are the advantages of using Receipt Bank?
With Receipt Bank you are able to:
- Keep up to date with real time data
- Save time with digitisation
- Leave your boxes of paper receipts behind
How does the process work on mobile?
Once you are signed up to Receipt Bank you are able to download the Receipt Bank app. The Receipt Bank app allows you to be able to take an image of your receipt and upload it as a photograph to the app, where it is then stored securely – allowing you to disregard the paper!
- Due to Receipt Bank using the latest optical recognition technology it then works its magic to extract the data from the receipt.
- You are then able to publish the data extracted to your accounting software or download it onto your desktop. The data along with the image of the receipt then get pushed into the cloud accounting platform.
Receipt Bank saves you time, it gives you the option to spend more time on the running of your business, or more time on the parts of running a business that you enjoy!
At Moore (South) we are passionate about delivering tools that will support our clients business needs across our five offices on the South Coast and we feel that the optimize solution by Receipt Bank does just that.
The optimized solution is the most advanced accounting and bookkeeping platform from Receipt Bank. It provides your accountant with high level insights into your businesses performance and gives us access to dedicated communication tools so that we can work with you in a more interactive setting.
What’s next?
If you would like to find out more about Receipt Bank, or how we are helping our clients to thrive in a digital world,
contact us today.