ReceiptsAI: Automating Bookkeeping for Small Businesses

ReceiptsAI is an AI-powered tool designed to streamline bookkeeping for small businesses by automating the extraction and organization of financial data from receipts, invoices, bank statements, and more. It leverages advanced AI to extract over 50 data fields—including merchant names, dates, amounts, taxes, and payment methods—with 99%+ accuracy on clear documents. The app is ideal for entrepreneurs, freelancers, and small business owners seeking to eliminate manual data entry, reduce errors, and generate tax-ready financial records. Built with privacy and security in mind, ReceiptsAI uses bank-level encryption and offers a free plan to get started.

Key Features:

• AI-Powered Data Extraction: Extracts over 50 fields from receipts, invoices, and bank statements (PDF, JPG, JPEG, PNG).
• Automatic Categorization: AI-driven business expense categorization.
• Duplicate Detection: Identifies and prevents duplicate entries.
• File Renaming: Automatically renames files for organization.
• Multi-Currency Support: Handles USD, EUR, GBP, CAD, and more.
• Export to Excel: Easily export processed data for accounting.
• Error Detection: Flags potential data entry errors.
• API Access (Pro): Beta API for integration with other tools.
• Bulk Processing (Pro): Process multiple documents at once.
• Priority Support (Pro): Faster response times for Pro users.
• Custom Rules & Categories: Tailor categorization and rules to your business.
• Secure & Private: Uses AES-256 encryption, SOC 2 compliance, and allows data deletion.

Pricing: ReceiptsAI offers a free plan with 30 credits, a Starter plan at $12/month, and a Pro plan at $29/month. All plans include a 30-day money-back guarantee and allow cancellation anytime with no fees.

Conclusion: ReceiptsAI is a powerful, privacy-focused AI solution that makes bookkeeping effortless and accurate, empowering small businesses to save time and stay organized with intelligent financial automation.