You’ll want to find a method that can save you time and money, whether you need to manually scan thousands of new receipts or organize your existing invoice library. Fortunately, receipt organizer software is an excellent way to store and organise your receipts digitally. So, here are the top 6 receipt software products on the market!

Receipt Organizer

The Top 6 Receipt Organizer Software Products Available on the Market

WellyBox

WellyBox is an automated expense management system that can locate receipts in a variety of places. WellyBox, for example, can quickly scan any synced email account to find every invoice and receipt. The receipt organiser software then digitally stores all of these receipts and invoices to classify and organise them based on customizable criteria.

WellyBox is extremely cost-effective, with the basic plan starting at just $6 per month. Furthermore, WellyBox provides a free version for freelancers. This is useful for freelancers who have a small number of receipts and must adhere to a budget. WellyBox’s Business Plan is only $15 per month if you need to scan dozens of invoices per month

Finally, the WellyBox software can sync with Dropbox, Quickbooks, and SAP Concur to help you keep track of your expenses. In a nutshell, WellyBox creates and organises your entire receipt library in minutes! But keep in mind that WellyBox is not a physical receipt scanner. Before WellyBox can organise your paper receipts, you must first upload images of them to your email account(s).

Expensify

Expensify’s small business receipt organiser is available in a variety of pricing plans to suit your needs. Individuals can use the service for up to 25 receipt scans per month without paying the monthly subscription fee. Even if you do have to pay, Expensify’s monthly plans range from $4.99 to $9.

Expensify is a great option if you’re looking for receipt scanning software that can also organise your receipts. Simply take a picture of your receipt and it will be automatically uploaded into the system. However, you will need to manually enter some information so that the software can properly store your receipts.

Expensify, thankfully, integrates with dozens of popular business and accounting programmes, including Quickbooks, Xero, and NetSuite. This means you can easily track and view an expense report from your preferred software. All you have to do is begin uploading and labelling receipts, and Expensify will take care of the rest!

Divvy

Divvy is an expense management and receipt scanning app in one. One great feature of Divvy is that it is completely free! To make business-related purchases, however, you must use a Divvy card and account. Other receipt scanning software can be used in conjunction with Divvy, but the majority of expense management occurs within Divvy’s system.

While the requirement to use a new card and account may deter some, there are plenty of reasons to consider Divvy for your next accounting software. It has an excellent user interface that is simple to use and can even make budgeting enjoyable! Furthermore, Divvy’s digital receipt app allows you to view and manage your receipts while on the go.

Shoeboxed

The Shoeboxed receipt organiser was created specifically for accountants, freelancers, and small businesses who are drowning in paper receipts. The software functions as a receipt scanner as well as a manager, making it one of the most versatile products on this list. You can use Shoeboxed to mail your receipts directly to a Shoeboxed facility to be scanned and organised.

While physically mailing your receipts to a third-party receipt scanning facility may seem archaic (and risky), ShoeboxedShoeboxou to upload your receipts via email or the mobile app. However, each plan has a monthly limit on the number of digital document uploads, so if you have a large number of receipts to process quickly, you may need to break out the stamps and envelopes.

It’s also worth noting that this is one of the most expensive receipt software options on the market. Plans begin at a “discount” rate of $18 per month if you sign a one-year contract. The more expensive plans cost $36 and $54 per month, respectively. In a nutshell, Shoeboxed is primarily intended for accountants who manage hundreds of physical or digital receipts per month and are willing to pay a premium to ensure they are prepared for an IRS audit.

Zoho Billing

Zoho Expense is a digital receipt organizer that caters to freelancers who prefer to keep things mobile and easy to use. You can scan receipts and manually organise them using the Zoho Expense mobile app. You can also email your digital receipts to Zoho Expense and sync the data with various small business programmes.

The storage capacity of Zoho Expense is one of its best features. The number of documents you can upload per month is usually limited in most receipt software products. Keeping receipts and viewing expense reports is much easier with Zoho Expense. Instead of scanning a set number of receipts per month, you pay for a plan that includes a set amount of storage space. Because most receipt images take up very little space, Zoho Expense allows for much more receipt scanning and storage.

Zoho Expense also has some of the most competitive pricing options. The Base plan is completely free, the Standard plan is only $5 per month, and the Enterprise plan is only $8 per month. So, if you want to keep track of your receipts on a budget and don’t mind doing some of the legwork yourself, Zoho Expense has some great deals.

Concur by SAP

SAP Concur offers a variety of large and small business solutions. Many of SAP’s receipt organisation products are intended for business travellers or companies that handle a large volume of receipts, invoices, and reimbursement requests. As a result, the SAP Concur digital Receipt Organizer can handle a large number of documents from various sources.

Unfortunately, SAP Concur’s pricing structure is not as transparent as that of many other brands. To request a price quote, you must contact SAP Concur directly with information about your specific needs. Because SAP Concur is primarily aimed at business travellers and businesses, it’s safe to assume that its pricing structure is not as competitive as that of some of the other software products on this list.

Nonetheless, SAP Concur provides a bird’s-eye view of your expense reports and business finances. SAP Concur can provide the most useful and up-to-date information by organising your receipts and providing weekly expense reports. This not only allows you to Receipt Organizer, but it also empowers you to make data-driven decisions and track your company’s growth over time.

Read More: What does Due Upon Receipt mean in 2022?

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