Expense Tracker | Receipt Scanning Software

17 Benefits of a Digital Receipt

A digital receipt is becoming one of the most powerful tools for getting organized, staying productive, and saving time throughout the workday.

Digital receipts are also extremely beneficial for the environment, and may even protect you from cancer! That’s because some of the chemicals used to make paper receipts have been shown to cause cancer in lab rats – yikes!

Save money, save time, save the planet, and protect your health. Not too shabby, right?

Here are seventeen of the top benefits of scanning receipts and going digital: More »

5 Easy Ways to Track Your Business Expenses

· Write a comment · Categories: Receipt Scanning Software · Tags: business expenses, digitization, expense reports, expense tracker, receipt scanning software, taxes

Keeping track of your business expenses is the easiest way to save money on your taxes and make sure you’re getting all the write offs you deserve. But when you’re busy and on the go, organizing your receipts and tracking your expenses is usually the last thing on your mind.

In the past few years, a variety of new software has been developed to help individuals and business owners track and manage their expenses using digital receipts and receipt scanning software. Here are our top 5 ways to use tech tools to track your spending:

1. Consider going paperless

The #1 reason people make mistakes tracking their expenses, or forget to include lucrative write-offs on their taxes, is because they’re still using hard copy methods. Paper receipts and reports get lost, misplaced, smudged, and torn. Not to mention the damage they do to the environment. Going paperless will make all of your expenses instantly searchable within your chosen software application. More »

How to Create a Monthly Expense Worksheet

· Write a comment · Categories: Receipt Scanning Software · Tags: desktop scanner, digitization, expense tracker, mobile scanner, monthly expense worksheet, receipt scanning software

If you run a large business or corporation, chances are you have an accounting team to create and manage budgets with a monthly expense worksheet or expense-tracking application.

But what if you’re a small business owner or solopreneur? If your business is small or you’re just getting started, it can be difficult to plan a monthly budget. You may be spending more money than you’re making, and if you’re like most small business owners, you may be pouring a lot of your own financial resources into growing your business.

Even if your budget is different every single month, you can still benefit by using a monthly expense worksheet to track spending, income, write-offs, and payments. More »