ReceiptsAI is an AI-powered bookkeeping assistant that mainly solves bookkeeping challenges such as receipts being scattered everywhere for small businesses and freelancers, bank transactions being unable to be matched with supporting documents, and the lack of provable evidence at tax time. Its goal is to organize scattered receipts into structured, ready-to-use bookkeeping records, reducing the amount of manual cleanup work each week.
[Main Capabilities] Receipt capture: You can upload files from your phone, or forward receipt emails to receipts@receiptsai.com, and the system automatically files them in the correct location. Supports OCR receipt scanning. Data extraction: AI recognizes each document and extracts 50+ data fields such as merchant name, date, amount, tax amount, and currency (officially claimed accuracy of 99%+), covering receipts, invoices, purchase confirmations, and bank transactions. Automatic categorization: Expenses are automatically sorted into preset categories, with support for adding custom categories and custom rules, and applying them uniformly to receipts, invoices, and statements, so that reports match business habits. Bank and reconciliation: Supports conversion and categorization of bank and credit card statements, automatically matches bank transactions with corresponding receipts, and has duplicate detection and receipt matching/reconciliation capabilities. Expense reports: Track monthly spending by category, discover trends, and review budgets without building spreadsheets from scratch. Export and collaboration: Supports exporting CSV, Excel, and PDF reports for easy handoff to accounting software; supports workspace collaboration and team collaboration. Privacy controls: You can define sensitive words or numbers such as names, birthdays, and account numbers to redact them before AI processing.
[How to Use] The official description is three steps: First, drag receipts, invoices, or bank statements in from any device, or forward them by email to receipts@receiptsai.com; second, AI recognizes the documents and extracts information such as merchant name, date, amount, tax amount, and currency; third, transactions are organized and categorized, and you can review expenses, generate reports, and export records.
[Applicable Scenarios] Freelancers can take photos of receipts with WhatsApp between work, forward supplier emails, and export tax forms when an accountant requests them; business owners can manage personal and business accounts separately and manage different projects, clients, or businesses through multiple workspaces; accountants and bookkeepers can run multiple clients on the same dashboard, with each client's ledger independent, using their own rules and reports, and support team shared access and automatic collection by connecting email per client.
[Supported Files and Security] Supports PDF (bank statements) as well as JPG, JPEG, and PNG (receipts and invoices). The company states it uses bank-grade security protocols, including AES-256 encryption. The company was founded in Europe and states that it does not read personal emails, does not sell data, and deletesNo longer stored afterward; only accounting documents are processed, personal emails are ignored and not stored; connected accounts can be disconnected at any time, and after closing, future emails will no longer be scanned or processed.
[Plans and Limits] A 30 free credit trial is offered (1 processed page = 1 credit), no credit card required. Subscriptions are divided into Starter (for freelancers), Premium (for small businesses, most popular), and a higher tier (for small businesses with employees). Starter includes 100 credits per month, 1 workspace, support for forwarding receipts by email, automatic processing, automatic currency conversion, reports, data export, 30 categories and custom rules, and privacy controls; Premium builds on Starter with 500 credits per month, 2 workspaces, 2 connected mailboxes, mailbox-to-workspace routing, receipt matching, historical currency conversion at the exchange rate on the document date, and 100 categories and custom rules; the higher tier offers 1,500 credits per month, up to 5 workspaces, up to 5 connected mailboxes, up to 2 users, and up to 5 senders. The official statement says there is a 30-day money-back guarantee, you can cancel at any time, and there is no long-term contract.
[Other Notes] The official page shows that 100,000+ documents have been processed for 350+ businesses. As for whether a professional Pro plan is offered, the page only says "Are you a professional? See Pro plans →", and the specific pricing and contents are not yet provided.