ReceiptsAI is an AI-powered app that extracts data from receipts, invoices, and bank statements to automate expense management and bookkeeping.
ReceiptsAI is designed for small businesses to streamline their financial record-keeping. It uses AI to automatically extract data from various financial documents like receipts, invoices, and bank statements, eliminating the need for manual data entry. The platform helps users manage expenses, categorize transactions, and organize their books efficiently. The tool offers features such as bank statement categorization, custom category rules, foreign currency handling, auto file renaming, bulk transaction renaming, tax identification, transaction search, and duplicate detection. It aims to provide better financial insights, secure data handling with bank-level security, and tax-ready records, ultimately reducing costs and saving time for businesses. ReceiptsAI supports PDF files for bank statements and JPG, JPEG, PNG formats for receipts and invoices. It extracts details like merchant names, addresses, dates, amounts, tax information, and transaction descriptions, and automatically categorizes expenses. The service supports documents in English and handles multiple currencies including USD, EUR, GBP, and CAD.
Platforms: Web
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