What is Receipt Bank?

What is Receipt Bank?About Receipt Bank

Receipt Bank allows you to manage all your business expenses. Eliminate data entry and allow Receipt Bank to sync directly to your QuickBooks Online account to save you time!

What is your App’s name, what do you do, & when did your company start?

Receipt Bank is a bookkeeping software and productivity tool, and our mobile app extracts important data from source documents such as receipts and invoices. We were founded in 2011.

What was the main problem you were trying to solve when you first developed your App?

The bookkeeping process is a time consuming one for both businesses and their bookkeepers. Receipt Bank helps bookkeepers and accountants enhance their productivity and profitability. Helping business owners and their bookkeepers better collaborate, by making it easy for clients to get information to their bookkeeper in real time.

What companies (or users) are the best fit for your App?

Any businesses that want to deal with their expenses are the best fit for Receipt Bank. By having their clients use the mobile app or other methods to submit their documents, those accountants and bookkeepers can access that data in one central location, the Practice Platform.

Receipt Bank Practice Platform

Tell us about your users’ top 3 favorite features or benefits of your App.

  1. The “Last Submission” column on Practice Platform, which allows Partners to identify which clients haven’t submitted their items.
  2. Onboarding clients through our SMS invite, which can have clients up and running in 90 seconds.
  3. A dedicated account manager.

Tell us about your company’s culture and leadership.

Receipt Bank’s sole purpose is to bring efficiency (and profitability) to accounting and bookkeeping professionals as well as small business owners. The account managers, new business seekers, coders and developers within Receipt Bank’s diverse team all strive to challenge the traditional bookkeeping process and achieve a more automated one. This makes feedback, active learning, and openness crucial to the Receipt Bank family. Receipt Bank wants to make a valuable and thoughtful contribution to shaping the future of the accounting industry.

How is your App different from your competitors?

Receipt Bank is the only solution that completely transforms bookkeeping into a scalable, profitable service. Using advanced metrics and automation, you can not only eliminate data-entry but also the inefficiencies that come from the back and forth with clients regarding their books. The ease of submission, the accuracy of our data extraction, and the visibility partners have into their client’s’ data is unparalleled.

What is the pricing for your App?

Accountants and bookkeepers can take advantage of Receipt Bank’s Partner Program according to several payment plans, starting at $49 per month, with a tiered system of usage beginning at $15 per client per month. //// Partners then pay $15 per every 50 submissions.

Does your App have any programs from #QuickBooks ProAdvisors?

Receipt Bank Partners receive their own Partner Dashboard, first class support from dedicated account managers, and software and marketing training. As partner grow, they become eligible for more resources such as discounts, marketing materials, and exclusive updates.

Author: QBOchat Admin

#QBOchat began in July 2013 with the simple idea to host a weekly Twitter conversation around QuickBooks Online (QBO). We have since grown into a very strong community comprised of a diverse group of users. Our weekly tweet chat is held each Thursday at 3:00PM Eastern. The discussions cover a wide range of topics including QBO’s latest features and updates, business operation tips and apps that integrate with QBO, to name just a few.

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