What's New in Receipt Bank: September 2019
Did you know: this month, Receipt Bank processed 250 million documents worldwide.
That’s 250 million receipts, bank statements and invoices being spun into digital data hands-free. You might say it’s fast becoming the new business normal…
Read on to find out what’s new and improved in Receipt Bank, including new efficiency tools in your Cost and Sales Workspaces plus an integration with QuickBooks Simple Start.
YOUR NEW COST WORKSPACE
You’ll notice that your inbox has become your Cost Workspace. This contains your inbox and archive holding all your accounts payable items. This update to the navigation means that you’ll be able to access all your costs, past or present, directly from the Inbox - helping you prioritise your work across each space in Receipt Bank.
INTRODUCING SALES INVOICE EXTRACTION*
THE SALES WORKSPACE
We know cost items are not the only type of paperwork that you need to chase, review and process on behalf of your clients. So, we’ve lent our world-class data extraction capabilities to provide you with sales invoice extraction. Just like your accounts payable items, you can enjoy the power and accuracy of Receipt Bank across your accounts receivable workflows.
Since launching Sales Invoices, you sent more than 260,00 sales invoices for processing.
Click here to learn more about sales invoice extraction in Receipt Bank
*Available in UK, US, Australia, New Zealand and South Africa. Coming soon to other regions.
INCREASED VISIBILITY
Say goodbye to duplicate suppliers
If you’re working within an integrated client account you can benefit from this update. You will now find a ‘Present in integration’ and ‘Not present in Integration’ chain link next to supplier names within the inbox, item detail page and the supplier search box, making it easier for you to identify new suppliers in Receipt Bank. Enjoy enhanced visibility of new suppliers in Receipt Bank helping you to keep your supplier list clean and tidy.
LINE ITEM EXTRACTION*
Automatic line item extraction makes the processing of line items effortless, so you can have the control and accuracy of a manual workflow, without compromising on time. The new automatic line item features gives you the ability to turn the feature on for each supplier as required and we’ll take care of the rest.
Learn more about the feature and find out how to activate it in your account here.
*Available for the UK
CONNECTING WITH THE CLOUD
QUICKBOOKS SIMPLE START
The power of Receipt Bank across your client base
More of your client base can now benefit from real time bookkeeping with the new Receipt Bank connection with QuickBooks Online Simple Start! This connection means you can automate data entry and provide a better experience for clients using Simple Start. We’ll collect and extract their bookkeeping data, so all you need to do is review and publish it straight to their QuickBooks Online Simple Start software for reconciliation.
Click here to learn more
MOBILE
QUICK CLIENT SWITCHING IS NOW LIVE!
Switch between your list of Client Accounts in the Receipt Bank mobile app, and easily access and add to the financial records of each of your clients’ businesses. To get started, login to your partner account, tap the client management icon top-right of the inbox, select your client and start snapping. Learn more about quick client switching here.
Make sure you’re using the latest version of our iOS app (3.8.0) or Android app (3.4) to access quick client switching!
Receipt Bank for Android
EASIER UPLOADS
It’s now even easier for you to upload your receipt to our mobile app. You can now import images directly from your gallery, camera, or any third-party app that supports images. Simply tap the share button and select Receipt Bank.
