Receipt-AI

Receipt AI is an advanced receipt management system that streamlines the process of tracking, organizing, and managing receipts for businesses, finance teams, and individuals. This AI-powered tool allows users to upload receipts via SMS or email, automatically extracting and categorizing data before securely storing it and integrating with popular accounting software.

Key features:

- SMS-based Receipt Upload: Users can send receipt images via text message for automatic processing and storage.
- Email Uploads: Receipts can be uploaded via email, providing global accessibility.
- AI-driven Data Extraction: Machine learning technology extracts key details such as date, vendor name, and total amount from receipt images.
- Categorization and Organization: Receipts are automatically categorized and organized in a central hub for easy search and collaboration.
- Integration with Accounting Software: Direct integration with QuickBooks and Xero ensures synchronized financial data.
- Security and Encryption: All receipts and account information are encrypted and securely protected.
- Multi-Format Support: The system supports various file formats including JPEG, PNG, PDF, TIFF, WEBP, HEIC, and HEIF.
- User-Friendly Interface: A simple and intuitive interface facilitates data downloads and expense analysis.
- Collaboration Tools: Users can invite team members to upload receipts, enabling management of expenses for multiple businesses or side projects.

How it works:

1. Users take a picture of their receipt and send it via SMS or email to Receipt AI.
2. Receipt AI's AI technology extracts key details from the receipt image.
3. The extracted data is categorized and stored securely in the user's account.
4. The data is synced with the user's accounting software, ensuring accurate financial tracking.

Integrations:

QuickBooks, Xero

Use of AI:

Receipt AI employs artificial intelligence for data extraction from receipt images, automatic categorization and organization of receipts, and seamless integration with accounting software for efficient financial tracking.

Target users:

- Businesses
- Finance teams
- Individuals handling expense reporting

How to access:

Receipt AI is available as a web application. Users can access the system by signing up through the official website.

Additional information:

Receipt AI currently supports phone numbers from the US and Canada, with plans to expand to more countries. The system has been featured on platforms such as Peerlist and Product Hunt. Users report significant time savings, with up to 97% reduction in time spent on receipt processing.