These “smart receipts” are harder to lose and easier to retrieve, because you can quickly search for them with keywords and filters.ĭigitizing your receipts removes a lot of the hassle involved in your recordkeeping operation. You download them onto your phone, use them to take pictures of your receipts, and then the app’s OCR (Optical Character Recognition) technology digitizes all of the text and numbers on those receipts and stores digital versions of them in a filing system. Receipt scanning apps photograph and create digital versions of your receipts, which you can easily retrieve from a digital filing system. Here we’ll go over everything you need to know about receipt digitization apps: why you should incorporate them into your business, how they work, and which one is the best fit for your business. It might be time to invest in a receipt scanner app. But you can’t do any of these things, because you keep all of your business records in a messy desk drawer, and you’ve lost the receipts for all of them.
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