Receipt Bank Reviews in May 2025: User Ratings, Pros & Cons

ReceiptBank is life saver

What do you like best? Bank Statements Extractions, uploading the bills, match transactions in Xeo. I love Automation, clients love it, I literally save like 10 hours a week. What do you dislike? sometimes it will take more time to extract the bills and receipts Recommendations to others considering the product: You are going to save lots of time in using ReceiptBank due to its automation What problems are you solving with the product? What benefits have you realized? ...

The necessary toolkit to run your business in the cloud

What do you like best? Being able to work with clients anywhere. No longer do we need to meet up with them for exchange of paperwork or deal with unreliable clunky storage solutions. What do you dislike? It's not so much a dislike but a challenge. Some clients have never used any form of cloud technology so getting them up to speed can be time consuming and we need to factor that in our pricing model. Recommendations to others considering the product: Review your business ...

The best thing since sliced bread

What do you like best? It goes without saying, but anything that makes being documentation for business under control is worth its weight in gold. Receiptbank is the best addon I have used. What do you dislike? Can't think of anything at this point in time that I dislike What problems are you solving with the product? What benefits have you realized? Working remotely, time management chashing clients for outstanding info, keeping copies of documentation offsite. It's ...

Great Product

What do you like best? This product will save you time and stress when it comes to your bookkeeping and record keeping needs What do you dislike? The cheaper version can be annoying to use at times however i believe once you move over to the full version those annoyances are dissolved Recommendations to others considering the product: Purchase the full version straight away you will be much happier What problems are you solving with the product? What benefits have you ...

Good experience

What do you like best? Various but top three: Invoice email Match function - Receipt to bank statement(Xero) Bank statement extract What do you dislike? Not always so easy/quick to get help - problem solved in end but it takes some time What problems are you solving with the product? What benefits have you realized? Saving time Do not have to appoint new staff

Love saving time

What do you like best? Automatically taking details from invoices What do you dislike? It doesn't know how you take your coffee What problems are you solving with the product? What benefits have you realized? coverting pdf bank statements to excel

simple, effective, efficient

What do you like best? the ability to quickly process receipts and store as pdf files attached to the transaction in Xero What do you dislike? nothing really, would like the system to pick-up line descriptions automatically What problems are you solving with the product? What benefits have you realized? massive time savings & ability to systematise processing and approval process.

Perfect Solution

What do you like best? Makes collecting source documents and processing so much easier. Takes away the challenges around having to think about coding documents that are repeated monthly. What do you dislike? Xero documents having multiple lines pull through and having to delete the lines. What problems are you solving with the product? What benefits have you realized? Reducing source document and managing collecting those from clients. Speed and efficiencies have improved ...

A Game Changer

What do you like best? The time to be saved using Receipt Bank, coupled with being able to ditch those paper records is taking us to where we want to be, particularly when integrated with compatible software. What do you dislike? The disappointment of expecting it to work with all software only to find that it won't integrate with Kashflow and the Sage 50 Connector doesn't give you immediately action to the PDF of the invoice. Recommendations to others considering the product: ...

Automation, automation, automation

What do you like best? I love not doing data entry, less chasing of clients for source documents, ability to fetch and now sales invoice extration What do you dislike? The limit of having a unique email per user is painful when a client is running multiple businesses. Means the client has to logout & login to switch between companies. What problems are you solving with the product? What benefits have you realized? Receipt bank makes it easy to work remotely with clients, ...