Receipt Bank Testimonials

  • "Previously, invoices were entered manually into a spreadsheet. We then used this to control which invoices needed to be paid. Accuracy was an issue – no cross checking or notification of mistakes, accountability – no record of who entered what. It was a makeshift solution at best. Our accountants recommended that we use Receipt Bank. It’s allowed us to move significantly towards an entirely paperless solution. Previously it made little difference for us whether we received paper or digital invoices – now digital invoices are much better for us, because they flow through the system much more easily. We actively encourage our suppliers to email us invoices and it’s very simple to save them into Dropbox to be picked up by Receipt Bank. This alleviates a lot of the daily time consuming tasks associated with paperwork. Xero is leading the way in an adjustment of how people think about bookkeeping and accounting. It’s allowing people to have ownership and control of their information. Rather than sitting on a system in their accountant’s office, it’s on the cloud and it allows you to pick and choose who you give access to. Receipt Bank definitely saves us time entering invoices manually. We save probably about 5 hours a week on this, although it also allows us to easily outsource the checking of the data as it's all cloud hosted now."

  • "Xero is at the heart of our business – we love the design, ease of use and its growing functionality. Xero add-ons enable us to provide a better service to clients and receipt bank is a key part of that. Receipt bank excites us because it significantly improves our processes for all our clients. When our partners first looked at receipt bank we came up with a million reasons why it wouldn’t work - but proved ourselves wrong. It’s far better than we thought it would ever be. Our clients used to send us carrier bags – full of faded, crumpled receipts - which we couldn’t read. Now they send their stuff directly to us by iPhone or email. And it turns up in xero! We can’t wait for the dropbox integration. This has encouraged our clients to move onto a monthly system. Turning our year-end accounts process into a streamlined affair. In fact receipt bank allows us to spend more time helping our clients opposed to processing receipts. Receipt bank & xero has transformed our business and our clients."

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