How does Smart Receipt handle receipt scanning?
Smart Receipt uses AI to extract merchant, date, total, tax, items, and currency directly from receipts and invoices, even if they are crumpled or faded. It supports item-level scanning to show exactly what was purchased.
What kind of expenses can Smart Receipt categorize?
Smart Receipt automatically categorizes purchases into over 40 categories, including groceries, fuel, dining, utilities, rent, subscriptions, and medical expenses. It provides weekly, monthly, and yearly views with charts by store, product, day of week, and category.
Can Smart Receipt be used for business purposes?
Yes, Smart Receipt offers business workspaces for managing separate business expenses, inviting staff or accountants, and approving receipts. It provides role-based access and ensures data isolation between businesses.
Does Smart Receipt offer invoice generation?
Yes, Smart Receipt includes a built-in invoice generator that allows users to create professional, country-aware invoices with logos, taxes, and payment terms. It also tracks the status of these invoices.
How does Smart Receipt's AI expense search work?
The Smart Query feature allows users to search for specific products, categories, or stores. Smart Receipt then provides total spend, frequency, average price, and trend data from all scanned receipts for that query.
What reporting options are available in Smart Receipt?
Users can generate tax-ready PDF or CSV reports in weekly, monthly, yearly, or custom date ranges. These reports include spend by category, top stores, top products, and a daily breakdown, making them ideal for tax filing and reimbursements.
What are the pricing plans for Smart Receipt?
Smart Receipt offers a free tier for basic scanning and tracking. Paid subscription plans include Basic, Premium, and Business options, available on a monthly or yearly basis, with prices ranging from $3.99 to $69.99.
Is my financial data secure with Smart Receipt?
Smart Receipt prioritizes privacy, with data residing on your device by default and cloud backup being opt-in. Data is encrypted in transit and at rest, and the company states they do not sell user data.
