Receipt Bank – a new way to maximise bookkeeping efficiency

Receipt Bank - a new way to maximise bookkeeping efficiency

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Here at PAH Accounting we have always been a innovative and forward thinking – you may recall an earlier article – Time to ditch the filing cabinet, back in 2010!

The average business loses thousands of pounds a year in unclaimed expenses, such as lost receipts and misplaced invoices, but now there’s a chance for you to stop these losses! Receipt Bank, the award­winning software that converts all your bills, invoices and receipts into data, with no data entry required. If you love your business, but resent spending valuable time on data entry then Receipt Bank’s easy submission methods can really help you out. No more smoothing out scrunched up receipts and entering the data to expense those cups of coffee. Instead snap a photo on your smartphone with the Receipt Bank app and all the data will zoom straight off to your Receipt Bank account. Or if you have lots of suppliers flooding your inbox with invoices you can get them sent straight to a Receipt Bank email address where all the data is extracted for you. There’s also a raft of further submission choices including post, DropBox and Paypal. You can choose whichever method is best for you and your business!

Using Receipt Bank also means that here at PAH Accounting we get all your financial data really quickly, as all submitted items are processed within 24 hours and the majority of items are processed even faster. This means that you can see what’s happening in your business’ financials in almost real time and we can too! We can then offer timely advice and you can make decisions based on a constant flow of financial data, rather than having to wait until the end of the month.
The best part is that Receipt Bank saves significant amounts of time that would previously have been spent on data entry. This leaves you free to focus on what really matters: building and developing your business! If you’d like to remove the pain of data entry from your business, please get in touch with PAH Accounting at and we can get you set up with your Receipt Bank account.