SparkReceipt is an AI-powered receipt scanner and expense tracker that helps individuals and small businesses streamline their financial management. With its advanced optical character recognition (OCR) technology, SparkReceipt can automatically extract key information from receipts, invoices, and bank statements, eliminating the need for manual data entry. The app's intelligent categorization feature allows users to easily track and categorize their expenses and income, providing real-time insights into their financial health. SparkReceipt's cross-border capabilities make it a versatile tool for businesses and individuals operating in multiple countries, with support for over 150 currencies and 5 languages. One of the standout features of SparkReceipt is its ability to separate business and personal expenses, as well as manage expenses for multiple businesses. Users can create subaccounts for their various financial needs, making it easier to stay organized and on top of their finances. The app's collaboration features also allow users to invite team members or accountants to access and manage expenses, fostering a collaborative approach to financial management. SparkReceipt's value proposition lies in its ability to save users time and effort, reducing the time spent on manual financial tasks by up to 95%. By automating the expense tracking process, the app allows users to focus on growing their business or achieving their financial goals, rather than getting bogged down in paperwork and data entry.
Snap a picture of a receipt or invoice, and the AI will automatically extract all information from it and categorize the expense accordingly.
Forward any e-receipt to the app and we'll take care of the rest. The e-receipt will be read, extracted and categorized automatically with AI.
Automatically extract transactions from bank statements. Match expenses easily with scanned receipts, and track your income.
The AI can read receipts in almost any language, and offers daily and historical currency conversions among 150 currencies. The app is available in 5 languages.
Capture receipts on your smartphone, and they're instantly ready across all your devices. Access and manage your expenses seamlessly, wherever you are.
Our mobile apps are designed for both iOS and Android platforms. Access all app features on-the-go, from capturing receipts to viewing financial reports.
Separate business and personal expenses easily, or manage expenses for multiple businesses. Create subaccounts for your every business, side hustle or household expense needs.
Leverage AI to categorize your expenses into predefined categories such as Travel, Supplies, Marketing, and Salaries, among others. Create custom categories tailored to your needs.
Share receipts, expenses, and income with your spouse, team members, or accountant. Easily invite collaborators or generate shareable links for efficient collaboration.
Monitor your monthly profit/loss in real-time, providing immediate insights for timely adjustments. *The monthly Profit and Loss (P&L) statement may change in accounting once all materials have been processed and recorded.
Generate comprehensive reports on income and expenses, including specific categories such as advertising, supplies and transportation. These reports offer detailed insights, allowing for informed financial decisions.
Export your data in PDF, Excel, CSV, or ZIP archive with just a few clicks, making it easy to manage and share financial records. Custom exports are also available for Pro plans.
Usually expense tracking apps scan the expense in under 10 minutes. SparkReceipt's fast AI scans the expense in 5-10 seconds.
You always have access to all your financial data, including expenses, income, reports, and receipts, without any time constraints.
We use major cloud service providers and adhere to their best security practices. You can read more about our security practices here.
Very helpful, except for the long receipts. I need to try it more. I think this will work out well.
Likes:
* Easy, simple, and efficient to use
* Great reporting feature for the bookkeeper
Dislikes:
* Non really
* Disappointed that the Ai / OCR doesn't read the bank statements and import those, I had assumed it would.
If you are looking for a simple and effective way to manage all your slips digitally rather than in a shoe box, this is for you.
For years I have had an extremely difficult time keeping track of credit purchases and making order in my financial documents. (This is all in the framework of personal use, not as a freelancer or small business.) Based on the user reviews, I decided to give Sparkreceipt a try, and after using it a little while I purchased the app, and I am extremely pleased that I did so. Not only is the app very user-friendly and extremely simple to use and but some of the functionality it offers, particularly the breakdown of expenditures by categories, has been a complete game-changer for me. To be sure, the app has room for improvement in various respects (e.g. with regard to the AI categorization), but judging from my correspondence with the developer he seems quite responsive and interested in improving such matters.
Bottom line: 5 tacos.
I love it! I am using it for tracking family / household expenses and so far, it has everything that I need except for splitting categories in a specific transaction. Support is also very quick to reply.
Disappointing experience, refunded. Wasn't even able to read a basic bank statement and understand the individual lines on there, only the summary. Also the destroy account feature doesn't work.
A very efficient tool for tracking expenses and their classification, it allows for the effective management of all expenses made in different categories. Moreover, using it saves a considerable amount of time in the process of organizing and analyzing financial data, resulting in significant time savings. On the other hand, its accuracy enables detailed tracking of each transaction.
I have a similar tool for my business needs, which is better suited, as it is well integrated with local accounting SW, but I bought sparkreceipt for personal use and I am very satisfied.
It will certainly help me to digitalize my documents and keep them in order.
A tool that simplifies my life. I have tried many apps and wasted more time organizing the app than organizing my expenses and income. This app has it all and even a real time currency converter. I would only ask the developer to offer the option of reporting by currency. For my particular case I have expenses and income in different currencies, and although the conversion is great to have an approximate in my local currency, I would also like to be able to have a report of only income and expenses with that particular currency (not convert everything to different currencies, but a report adding by amounts for the established currencies)..
I'm very happy with this product. It's easy to use, and the team features are a big benefit that is missing in the app I am currently using to track expenses.
I noticed a mileage tracker is on the feature roadmap. This is a very important feature for me because I do a lot of driving for business purposes. Being able to track mileage within the SparkReceipt app will be very helpful once this feature is implemented.
so far so good excellent for what its supposed to do. However, if you take a photo of a receipt the AI is reading it but cannot place it in the correct folder, and i cannot seem to place it there manually, what i am doing for now, for example, is go to the expenses folder and enter the receipt from there. Just need to be more user friendly maybe a few more features, and i am not sure what the documents section is for.
I had previously been using 1tap for my expenses, but found this gem. I got 2 codes one for my wife's business and one for me. The UI is slick, quick and the AI receipt scanning is top notch. The platform is very speedy also. I'm soo glad I purchased especially at the lower price when it was qst on appsumo. I would hope the LTD crew would leave some positive reviews (if they have found it usefull) on playstore and iStore so it can help generate MRR for this great app and founder 👌🏽
This software is very clean and user-friendly, providing seamless functionality for managing receipts. It effectively addresses book-keeping challenges and simplifies receipt handling. For any business, it is a must tool.