I always thought that the problem with all those data tracking apps (for example "Dayta") was that it took so much time to enter the data so that after a while the user wouldn't care. If this really solves the problem (can't try, I'm an Android user) then I wish them much success. Android-port anyone?
Yup, we extract the Venue, purchase total, and assignit a category, in about 3 minutes.
We're working on an android app, but before that we'll probably have a submit by email solution. Would that be enough for you if it were available?
There's lots of people out there that simply don't use cash anymore. Does this service have anything to offer people like me that mint doesn't already offer? I see the use if you make most of your purchases in cash...just not otherwise.
Besides extracting the data from the recipt we also keep the image.
From beta testers this has been useful for expense reports which require evidence, as well as for returning items at stores.
Of course returns depend on the original vendor, but we've had beta testers return stuff at grocery stores, brick and mortar tech stores, and such.
Ultimately this is useful for submitting tax returns come April.
I dunno about you, but while my credit card company does itemize my transactions, they don't provide any sort of reporting tool to track how I spent my money. (They do provide a CSV export, which is suddenly looking like something I should try to analyze.)
Mint does a pretty good job in analysis. It categorizes anything I spend at Schnucks for example as "Groceries" and allows you to track how much you've spent this month compared to previous months and such. It only fails in purchases from places like Wal-Mart, where what you purchase can vary wildly.
The core service behind this is the Amazon Mechanical Turk. We've been working with amazon for years (on this and other projects) and they've helped us create a solution that keeps the user anonymous and helps return quick results.
Is it possible to extract the names of individual items as well? I keep a food diary and it would be amazingly helpful if I could have an automatically compiled list of foods in my fridge (by scanning my grocery receipts).
Sweet project, been thinking of doing the same thing myself.
I guess since most don't care about privacy this is a niche question. But I'd like the option of processing the images myself. If the phone is to weak for it send it directly to my PC (or sync when I get home) and keep everything there.
Although the potential for this is huge I just will not use it if it is stored/processed in the 'cloud'.
We'll have the android app out probably within the next couple of months. In the meantime we're working on a submit by email utility which should be ready much sooner.
I like the concept, but $7/Month for the base plan seems like another subscription I just don't want to deal with (and a bit more than I would be willing to pay)
You should consider an annual pricing plan, and a lower rate. (I pay $45/year for evernote, and it solves a lot more pain points for me)
Again, like the concept, so please take this as the constrictive feedback it is meant to be.
I can see how this would be nice for people who prefer cash over cards, but it seems like a lot of work unless you're tracking expenses for reimbursement. I'd rather just use credit and debit cards and let an app like Mint handle the categorization and bookkeeping.
Great application.I was a beta tester, my car was stolen with just purchased merchandise.I got the receipts for the insurance claim from the application.
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[ 0.20 ms ] story [ 87.3 ms ] threadUltimately this is useful for submitting tax returns come April.
I would switch to an iPhone for that.
Change all instances of "/ month" to "/ year" and you've got a customer. Or better yet, just charge 0.01$/scan in $1 increments, or $5 increments.
Your top plan costs as much as my internet!
I could scan a thousand receipts to my FREE gmail or dropbox, for, um, free; so you can't sell the data storage element.
I guess since most don't care about privacy this is a niche question. But I'd like the option of processing the images myself. If the phone is to weak for it send it directly to my PC (or sync when I get home) and keep everything there.
Although the potential for this is huge I just will not use it if it is stored/processed in the 'cloud'.
You should consider an annual pricing plan, and a lower rate. (I pay $45/year for evernote, and it solves a lot more pain points for me)
Again, like the concept, so please take this as the constrictive feedback it is meant to be.
Just saying. :)
I wouldn't pay $7/m for this service though. :)