Heard about Receipt Bank and left wondering whether Receipt Bank is the right fit for you and your business? Here’s why we think it will work for you!
Why should I use Receipt Bank?
According to research undertaken by Receipt Bank, 34% of SMEs believe that financial admin is holding the business back from focusing on growth. This is where Receipt Bank comes in as it can help save time, organisation and efficiencies.
How I hear you ask!? Using automation, data extraction and instant receipt capture, Receipt Bank can reduce all the paperwork which stacks up on your desk by just a few small steps.
Other benefits include;
- Instant submission
- Foreign currency support
- Automated client reminders
- Secure cloud storage
- Flexible data export
How the mobile app can save you time!
Receipt Bank also discovered that almost a third (31%) of SMEs need to be ‘frequently chased’ by their accountant or bookkeeper for their paperwork with one in four unable to send them what the accountant actually needs.
Through the Receipt Bank mobile app, your life is made so much easier when it comes to obtaining data as with Receipt Bank you can upload your items straight away on the go or in bulk whichever suits you best. Just make sure those pictures are clear!
Working remotely and online with Receipt Bank
Last year we saw the introduction into Making Tax Digital (MTD) for VAT and it’s clear that everything is moving digital. That’s why Receipt Bank is so successful as you can say goodbye to the paperwork and deal with everything through technology allowing you to work with your accountants remotely online.
How we can help you!
As Receipt Bank Silver Partners, we can offer you access to the Extract platform for competitive prices while working with us.
What’s more, is we can help you integrate your Xero or cloud package and provide training and implementation to ensure it is all set up correctly!
Author: Emma Hardwick, Plus Advisory Manager, Plus Accounting
Any views or opinions represented in this blog are personal, belong solely to the blog owner and do not represent those of Plus Accounting. All content provided on this blog is for informational purposes only. The owner of this blog makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site.