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How does Receiptor AI work?
How does Receiptor AI work?
Romeo Bellon avatar
Written by Romeo Bellon
Updated over 2 months ago

Receiptor AI streamlines your financial document management and bookkeeping process by automating the extraction, processing, and integration of data from various sources into your preferred accounting software or export format.

Receiptor AI Flowchart

Here's a comprehensive guide on how it works:

1. Document Sources

Receiptor AI accepts financial documents from three primary sources:

  • Email Accounts: Connect your email accounts for automatic scanning and extraction.

  • WhatsApp: Extract financial data from WhatsApp messages or attachments.

  • Bulk Uploads: Manually upload multiple documents at once.

2. Document Extraction

  • Receiptor AI automatically detects and extracts relevant financial documents from the connected sources.

  • This process runs continuously for email accounts and WhatsApp, ensuring real-time processing.

3. AI Processing and Categorization

  • Advanced AI algorithms analyze the extracted documents.

  • Key information is identified, including date, vendor, amount, tax details, and item descriptions.

  • Transactions are automatically categorized based on the extracted data.

4. Output Options

Processed data can be exported or integrated into various formats and systems:

  • Accounting Software Integration:

    • Xero

    • QuickBooks Online (QBO)

  • Export Formats:

    • CSV Export

    • PDF Export

    • ZIP Export

  • Cloud Storage:

    • Google Drive

Additional Options:

More integration and export options are available.

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