Wave goodbye to paper records and manual data entry, because we have a solution! We’re pleased to announce that we are Approved Partners of Receipt Bank.
In this post, we’re going to take you through just some of the reasons why you should choose Receipt Bank if you’re serious about going paperless.
Why Use Receipt Bank?
Streamlined Accounts for Starters.. the first thing you’ll notice when you start using Receipt Bank is just how intuitive it is. From the web platform to the smartphone app, it’s incredibly simple to use. And very quickly, you’ll also notice how streamlined your accounting process has become.
In days gone by, you probably had trouble closing your wallet or purse, what with all the receipts you’d kept with the vague promise that you’d get around to entering them into your accounting system.
Now? With Receipt Bank, the heavy lifting is done for you. There’s no need to hang onto receipts or invoices, or set aside time for manual data entry. Just filled up with fuel? Snap a picture with the smartphone app and throw the receipt away. Receipt Bank will grab the important details and upload them for you.
There’s also no need to send hard copies of invoices to your accounts team or your accountant. Instead, you can quickly email those invoices to your own bespoke Receipt Bank email address, and the software will upload the info on your behalf.
And for recurring invoices that don’t require authorisation, your supplier can send them directly to that Receipt Bank email address, saving your inbox from even more clutter. Easy, right?
Now Let’s Start Getting Clever
Once you’ve gotten to grips with the basics of Receipt Bank, you can start playing around with its more complex capabilities.
Receipt Bank can be ‘trained’ to remember certain pieces of information, making for an even more hands-off and streamlined accounting workflow as you continue to use it.
For example, you can enter rules into Receipt Bank for an already agreed transaction, such as your office rent. You can then set this up to auto-publish, with the invoice being sent to your dedicated Receipt Bank address. This is in turn seamlessly published directly to the correct code within your cloud accounting software.
At this point, we’re essentially talking accounting on autopilot! Isn’t that clever?
But wait, it gets better. Once you’ve input a particular payment method (a debit card, for example) into Receipt Bank, the app can be configured to recognise the card the next time it’s used. So, as soon as an item paid for using that debit card has been processed, it will be instantly exported into your accounting software. Talk about a time-saver!
In Summary: The Benefits of Receipt Bank
By switching to Receipt Bank – and integrating it with your cloud accounting platform – you’ll enjoy the following benefits, without a shred of paper in sight:
Save time on manual data entry; cut your admin duties from hours to minutes.
- Save space as you no longer need to hang on to every piece of paper that comes across your desk.
- Minimise errors and work from the most up-to-date and accurate set of numbers available.
Ready to get started with Receipt Bank? We can work together by Skype, email or phone. Whatever suits you. Contact us today: 01604 950034 | email@example.com