We understand that the time you spend on your bookkeeping and expenses could be better spent building your business. Therefore, we’re pleased to announce our adoption of Receipt Bank, the Xero add-on which removes the burden of data entry and gets rid of your boxes of paper.
Receipt Bank automatically extracts the key data from your bills, invoices and receipts then publishes this information directly into Xero (along with the attached source document). This saves you the hassle of data entry, reducing paperwork in the office and providing huge cost and time savings.
Receipt Bank is Xero’s most popular add-on globally. The award winning service was named Xero’s “Add-on Partner of the Year” in both Australia and the UK. A suitable solution for all of our clients regardless of your industry or sector!
No more storing paper receipts and invoices!
The bank feed supplies your accounting software with real time information on your money in / out. Receipt Bank adds the transactions that are due for payment as well as the supporting documentation of your transactions. This ensures your books are richer than ever before!
How to submit your receipts and invoices
You can submit your receipts and purchase invoices to Receipt Bank in a variety of ways! Via iPhone and Android apps, Dropbox, email-in, or upload from computer etc. You can even post your paper to Receipt Bank for them to scan and upload directly to your online account.
Receipt and invoice processing
Receipt Bank extracts the necessary data from the transactions and securely stores the scanned copies in your online account, ensuring your business has its records saved in an easily retrievable way. Receipt Bank extracts the key information from your bills, receipts and invoices, removing the need for manual data entry. Receipt Bank can then publish the data to your accounting software or it can be downloaded as a spreadsheet or used to create expense reports.
Pretium Solutions and Receipt Bank
Pretium Solutions will have access to your Receipt Bank account enabling us to manage your expenses from there. The partnership with Receipt Bank is an example of how Pretium Solutions is continually taking advantage of new technology to help our clients improve their businesses!
If you would like to discuss Receipt Bank further contact us today Find out More