Accounting data entry is one of the most repetitive tasks that can be daunting. But things are so easy now with online accounting tools available in many numbers in the market. So, if you’re looking for one, this post is for you. Here, I have shown the top 5 recommendations with the best performance. So, Let’s get started! 5 Online Accounting Data Entry Tools To Use In 2024 Receipt Bot (Highly Recommended) Receipt Bot is a high-end tool specially designed to automate manual data entry and handling of receipts. It uses 100% accurate optical character recognition (OCR) technology to extract information from receipts and categorize expenses. It also integrates with other accounting software like Xero, Sage, and QuickBooks to simplify expense tracking and reporting. Starting Price at $7.20 per month Docsumo Docsumo is a document automation platform that typically leverages AI & ML to extract data. It is designed to automate the extraction and processing of information
Optical Character Recognition (OCR) technology is a powerful tool that can be used for tracking expense, data extraction, and even PDF to Excel conversion. Well, this is the magic of the OCR technology of Receipt. Here's how it works in all these areas: Expense Tracking The receipt bot's expense tracker app works seamlessly with an on-spot instant and automated receipt data entry process. Here's how to do it: a. Capture Receipts: Scan or take photos of your receipts, invoices, and bills via the Receipt bot's expense tracker app . b. OCR Processing: Our OCR software will extract text from the scanned documents. OCR will recognize text and numbers on the receipts, including dates, amounts, and vendor names. c. Data Integration: Integrate the OCR-processed data into your expense tracking software or spreadsheet. This can help you keep track of expenses, categorize them, and generate reports with minimal manual data entry. Data Extraction OCR can extract