Receipt Bank Features List

Receipt Bank Reviews

Receipt Bank

Invoice, bill and receipt data extraction software

4.28/5 (25 reviews)
14,291

Receipt Bank Feature Summary

  • Post-in your receipts and invoices for processing
  • Email-in your receipts and invoices for processing
  • Upload your receipts and invoices for processing
  • Your receipts and invoices safely stored as scanned images
  • Your receipts and invoices sorted and searchable
  • Your receipts/expenses data available for export/sharing
  • Your receipts/expenses data published into other software
  • iOS and Android apps.

Finance & Accounting Feature Comparison

Most popular features of all Finance & Accounting apps

API (162 other apps)
Accounting Integration (98 other apps)
Accounting Management (97 other apps)
Activity Dashboard (106 other apps)
Auditing (80 other apps)
Automatic Notifications (98 other apps)
Automatic Reminders (71 other apps)
Billing & Invoicing (106 other apps)
Customizable Reporting (79 other apps)
Data Import/Export (83 other apps)
Electronic Payments (91 other apps)
Expense Tracking (103 other apps)
Invoice Management (153 other apps)
Invoice Processing (93 other apps)
Multi-Currency (89 other apps)
Real Time Data (83 other apps)
Receiving (86 other apps)
Recurring Billing (74 other apps)
Reporting & Statistics (93 other apps)
Third Party Integration (89 other apps)

Competitor Feature Comparison

API
Invoice Management
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Mobile apps

iOS App


324 reviews

See all iOS Apps

Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.

Android App


0 reviews

See all Android Apps

Receipt Bank Feature Reviews

14 reviewers had the following to say about Receipt Bank's features:

Markie Antle, CPB

Verified Reviewer

Great app for processing receipts

2018-02-02

Pros

Easy to use and excellent for employee expense reports

Cons

They also charge for accounting administrators

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: GetApp
Helpful?   Yes   No
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Anonymous
(Accounting company, 201-500 employees)

Great tool to reduce the time and hassle of collating expense receipts and vendor bills.

2018-04-10

Pros

Supplier rules and giving employees their own logins to do expense reports makes it so easy to implement and get running.

Cons

There is also the issue of no multilevel authorisation processes.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
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Anonymous
(Construction company, 11-50 employees)
Verified Reviewer

Receipt Bank - Good Value for Money & Super Easy to Use

2017-03-27

Pros

Great price Very easy to use Customer Service is very responsive and knowledgable Easy interface Great mobile App Reduces errors

Cons

Waiting for receipt bank to read invoices, it is very fast but would be even better if faster like everything :)

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: GetApp
Helpful?   Yes   No
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Joby Ingram-Dodd

Finally accounts are paperless

2018-04-30

Pros

This app saves so much time and messing about with recipes and invoices when you are doing accounts.

Cons

I don't really have any downsides to this product does what it says on the tin easy to use and reliable.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Nikki Bowers

No more paper clogging the filing cabinet!!

2017-05-19

Time and money saving

Pros

This software is so helpful in clearing all the receipts/invoices/statements from my desk.

Cons

Sometimes it takes awhile for the invoices to be processed but I don't find that a big concern as I have plenty of other work to get on with.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Manjur Alad

Semi-Automation tool for Receipt management

2018-03-28

Pros

Receipt scanning functionality is great, just by setting up email ID dedicated to the system can fetch all receipts and process for accounting ready details.

Cons

Some during processing its happens that wrong currency and tax code are mismatched, which leads to errors also in processing.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Accounting company, myself only employees)
Verified Reviewer

Massive time saver

2018-01-09

Pros

Integrates with different accounting software.

Cons

Sometimes changes things when it sends across to accounting package so uses time up rechecking.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Other

Likelihood to recommend

5/10
Source: GetApp
Helpful?   Yes   No
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Anonymous
Creative Director - Video Production (Media Production company, 1-10 employees)
Verified Reviewer

Saves me so much time and keeps me on top of my bookkeeping

2018-03-16

Pros

The next day my receipts have been data-mined, and are ready for me to double check before pushing them to my FreeAgent account. This process shaves hours off my monthly bookkeeping.

Cons

Occasionally there is a small error in the data mining, usually due to a receipt displaying information in an unusual place or style.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: GetApp
Helpful?   Yes   No
Read more
Anonymous
A verified reviewer

Useful app that makes bookkeeping much more efficient

2018-03-13

Pros

The dashboard feature is particularly useful to us a bookkeeping business as we can monitor that activity level of our clients as well as ensuring the correct uploading of their documents.

Cons

We have found ourselves paying over the odds for this software on behalf of clients whose business sees peaks and troughs in terms of activity and so some months can be charged at a higher rate because they reflect the previous month's activity, despite little to know uploads taking place in the month following.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Claude Waddington

Verified Reviewer

Receipt Bank frees up time

2015-09-18

Instead of having to manually type all the details, Receipt Bank will scan it all for you and help you manage this process. The development team is very progressive and they are very keen on making this product work for your business.

Pros

It can scan hand written receipts. Taxi receipts are a headache and we've put the system to the test, it's absolutely brilliant at recognising even the odd receipts.

Cons

We had a few cases where the receipts were coded with the wrong currency, instead of GBP we had AUD.

Rating breakdown

Value for money
Ease of use
Customer support

Time used: 1-2 years

Source: GetApp
2 of 2 people found this review helpful
Helpful?   Yes   No
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Alexander Novitskiy

Receipt Bank is very good HubDoc alternative. May be it is better.

2018-04-22

Save a lot of time.

Pros

Branded mobile application.

Cons

Price may be. Very expensive (for my opinion) for a lot of documents. More futures for UK market that for Canada market :(

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
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Graham Lindley

Overall superb

2018-04-17

Pros

The accuracy really is superb! It is amazingly how accurately it gets the information required from what is often messy, crumpled or poor quality receipts

Cons

The main criticism is that I need a totally separate account per business.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Marianne Germain

Time-saver for processing expense claims in a business

2018-03-05

Pros

It saves time by finding most of the information it needs and then lets you review it.

Cons

Some things are confusing when submitting receipts by email. For example, if you send an email without an attachment, then the email itself becomes the receipt, but when it has an attachment, the information someone might have written in the email itself does not show up anywhere, since only the attachment will show up as a receipt. This makes for some confusion for our users.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Other

Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
( company, 11-50 employees)

Poor product and poor customer service.

2018-05-30

Pros

Great idea, if it worked (would be really quick and easy to use), and if it had decent customer service (so when things go wrong they are easy to sort out), but it doesn't and they don't.

Cons

Can't upload receipts separately. I have 2 taxi receipts for the same day for the same amount (as I rounded them both up) despite the receipts looking completely different (one with about 2 lines of writing, the other with 6) Receipt Bank keep combining the receipts into one, and then deleting new versions when I try to upload them separately. Apparently, it isn't an issue with the product because they match, supplier, date and amount but bear in mind they choose the supplier and set them both ton Taxi (whereas I would have been more specific). They send me a link to sort it out, but the link went nowhere and ended in Oops, you've taken a wrong turn. Now they have stopped replying. Poor product and poor customer service.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

0/10
Source: Capterra
Helpful?   Yes   No
Read more