Receipt Bank

2017-05-19 12:33:22
Automated Accounts Payable
Receipt Bank
Rating4.0 1 rating
Include in Final Shortlist- Because it can't handle line items or Sage. But otherwise excellent
Official Website
Shortlist ComparisonAlthough a great system for the processing of summary invoices, in the end it started to fall short of other systems and is probably better suited to users with less complex requirements
Multi-user Login
Accurate document recognitionYes
Can it handle line items?No
Can it process inventory items?No
Is the document flow process automatedYes
Does it store the document against the transaction in the accounting system?Yes
Offers supplier portal
Does it interface with Sage 50?No
Quickbooks onlineYes
Quickbooks Desktop
Sage One
MS Dynamics
Is document recognition user-controllable?No
Can it interpret Excel documents?No
Does it offer accounting system dropdown prompts for things such as supplier code, nominal code, product code, etc?
Can it convert a 6 digit decimal point price per item to a 4 digit decimal point price per thousand?
Does it include a document workflow system with stages such as invoice approval?
Can it automatically validate the invoice against a Purchase Order?
Does it have an API?
Does it check for duplicate invoice numbers?
Can it post an invoice as approved?
Does it have any kind of dashboard to show status of document flow?
Can it process sales invoices as well as purchase invoices?
Does it have mobile app?Yes
Can it support large document import?
Is it Cloud-based or Client/ServerCloud-based
Trial Version availableYes
No User Training RequiredYes
Installation and setupSeems to be fairly easy as you can download a trial and run it without any help
General commentsVery easy to setup and use but only suitable for simple invoice and receipt processing.

Receipt Bank


  • 2017-05-13 08:36:33
    2017-05-19 12:33:22
  • English
  • Public
  • Creative Commons License CC-BY-SA 3.0 / GNU FDL


  • rated this Item: Rating 4
    Works very well if you don't need line items or multi-currency
    Posted 2017-05-13 08:40:09 by Richard

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