Monday, November 2, 2020

Compare Android Receipt Tracking Apps: Best & Worst Scan + OCR Receipt Apps for Small Business

Finding the Best and Worst Android Receipt Management Apps with a focus on Scan, OCR & small business functionality,.

 

Summary

The following review focuses on finding a stable and affordable receipt tracking app that includes the following functionality either in the app directly or via the browser. Scan & OCR functions must reside in native app while reporting & settings may exist in browser. This is a summary review focusing on OCR accuracy, ease of use & functionality that can satisfy tax related use cases for small business/sole-proprietor.

Requirements

1. Ability to scan a receipt via phone camera

2. OCR Capability for scanned receipts

3. OCR accuracy is > 90%

4. OCR picks up minimally following fields:

a. Pricve

b. Date of transaction

c. Merchant / Store Name

d. Category – Filled 90% with accuracy at or above 50%

5. Scan & OCR will involve at most 2 user events: Camera Click & Button Click.

6. Pricing either :

a. Subscription of < 5$ per month for 1-2 user or

b. 100$ one time for life of product

7. Ability to create simple report &/or export including:

a. Transaction detail

b. Transaction Summary

8. Reports shall allow user to filter by Start / End Date

9. Export Report to csv

Optional / Nice To haves:

1. Ability to identify / resolve / merge duplicates

2. Ability to scan a receipt via email

3. Search feature allowing to find tx by merchant, amount and/or category

4. Customer service with chat capability or email response

5. Ability to import from another expense platform, E.g: Import from Expensify.

The following apps were downloaded & tested on Android 10 Kernel Version 4.9.193 on LG V40 model V405TA30b :

Test Case:

1. Create Account

2. Create 3 receipts: Scan & OCR, see #6 below

3. Verify fields populated by OCR:

Date

Merchant

Amount

Category

4. How many events to create a receipt?

5. What is the pricing amount & pricing model?

6. Sample Receipts used in testing

Test Results

Apps failed due to 1 or more of the following conditions, noted by the leading symbol below : , denoted with leading in

1 - OCR in-accurate or non-existent

2 - pricing exceeds 5$ per month or $120 per year

BEST of the BEST

1tap receipts Tax Calculator & Receipt Scanner

Test Results Notes:

1. Create Account - Easy, Google OAuth.

2. Create 3 receipts: Scan & OCR. - 1 step; process time: <1 hr

3. Verify fields populated by OCR: (% of 3 receipts)

Date - 100%

Merchant - 100%

Amount - 100%

Category - 100% Accurate!

4. How many events to create a receipt?

- 1 !

5. What is the pricing amount & model for app?

- $2.08 per MONTH! Billed annually!

Pricing Details:

More Info: support@1tap.zendesk.com

6. Ease of Use: - High

7. Pros: - Very accurate & fast, simple UI, great fit for small business who wants no frills & hughly accureate OCR receipt scanning

8. Cons: basic reporting, limited filtering, did not see a way to search for a receipt. Not

Receipt Scanner: smart receipts & expense tracker

Test Results Notes:

1. Create Account - Easy, Email.

2. Create 3 receipts: Scan & OCR. - 1 step; process time: <1 hr

3. Verify fields populated by OCR: (% of 3 receipts)

Date - 100%

Merchant - 100%

Amount - 100%

Category - 100% Accurate!

4. How many events to create a receipt?

- 1 !

5. What is the pricing amount & model for app?

- $3/ month paid yearly !

Pricing Details:

More Info: contact@easy-expense.com

6. Ease of Use: - High

7. Pros: - Very accurate & fast, Clean & simple UI, great summary dashboard. Info on importing: Break expensed into Biz/personal

8. Cons: limited browser, in work.

BEST

Zoho Expense - Expense Reporting and Approval

Test Results Notes:

1. Create Account - Easy, Google OAuth.

2. Create 3 receipts: Scan & OCR. - 1 step; process time: <1 hr

3. Verify fields populated by OCR: (% of 3 receipts)

Date - 100%

Merchant - 100%

Amount - 100%

Category - 0% Accurate!

http://prntscr.com/vcbpqa

4. How many events to create a receipt?

- 1 !

5. What is the pricing amount & model for app?

- 5$ per mos

6. Ease of Use: - High

7. Pros: - OCR was fast, however category not filled in, Many features for mid sized business.

8. Cons: OCR

Foreceipt - Receipt Scanner Expense Tracker Cloud

Test Results Notes:

1. Create Account - Easy, Google OAuth.

2. Create 3 receipts: Scan & OCR. - 1 step; process time: <1 hr

3. Verify fields populated by OCR: (% of 3 receipts)

Date - 100%

Merchant - 100%

Amount - 100%

Category - 0%

4. How many events to create a receipt?

- 2

5. What is the pricing amount & model for app?

- 3.99$ per mos (220 scans only)

6. Ease of Use: - High

7. Pros: - OCR was fast, however category not filled in, Many features for mid sized business.

8. Cons: OCR & pricing is only 200 scans per month

Wave Invoicing

Test Results Notes:

1. Create Account - Easy, Google OAuth.

2. Create 3 receipts: Scan & OCR. - 1 step; process time: <1 hr

3. Verify fields populated by OCR: (% of 3 receipts)

Date - 100%

Merchant - 100%

Amount - 100%

Category - 0% Accurate!

4. How many events to create a receipt?

- 1 !

5. What is the pricing amount & model for app?

- 35$ per mos

https://www.waveapps.com/pricing

6. Ease of Use: - High

7. Pros: - OCR was fast, however category not filled in, Great features for mid sized business.

8. Cons: Category OCR and price!

Expensify - Expense Reports

1. Create Account - Easy, Email or Google OAuth.

2. Create 3 receipts: Scan & OCR. - 1 step; process time: Slow > 2 hours

3. Verify fields populated by OCR: (% of 3 receipts)

Date - 100%

Merchant - 100%

Amount - 100%

Category - 50%

4. How many events to create a receipt?

http://prntscr.com/vcbumb

- 1 !

5. What is the pricing amount & model for app?

- 4.99$ per mos

https://www.expensify.com/pricingw

6. Ease of Use: - High

7. Pros: - OCR was slow, but accurate. Most fields filled in, duplicates management. Great features for mid sized business.

8. Cons: OCR is slow, Fees & overcharging, customer service.

WORST: Worst / Not applicable

Fyle: Receipt Scanner & Expense Reports


fail reason: 1

Chrome River


fail reason: 2

Abacus


fail reason: 2

SAP Concur


fail reason: 2

Volopay


fail reason: 2

Veryfi - expenses, receipts & projects


fail reason: 2

Foreceipt - Receipt Scanner Expense Tracker Cloud


fail reason: 1

Smart Receipts


fail reason: 1

Receipt Bank


fail reason: 1

QuickBooks Online Accounting, Invoicing & Expenses


fail reason: 2

Free Expense Tracker & Budget Planner - Bookipi


fail reason: 1

MrReceipt - your receipts in one place


fail reason: 1

Receipt Box


fail reason: 1

Smart Receipts


fail reason: 1

Easy Receipt Log


fail reason: 1

Import Export Links:



Test Results Details & Figures:

1Tap:

Browser/Admin UI:

https://my.1tap.io/my-expenses/overview/2020



Report Request





Report Output



OCR Results:


Easy-Expense:          

Browser/Admin UI:

https://app.easy-expense.com/

OCR Results:



 Dashboard


Export:


Easy Expense Import


Expensify:

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