Managing expenses is a tedious task, especially if you are processing expenses from multiple employees. Without a proper system or software, you will get confused with the number of receipts they submit. It will be hard for you to run an audit trail and cash flow reports if expenses are not processed immediately and processing the expenses as they come through real-time can be equally difficult if you are a small business.

Error and delay in the processing of the expenses can be a problem especially when you are using a manual system. However, having a mobile app that can easily manage your expenses with a processing time of less than 5 minutes can solve all your problems in a snap!

MMC Group, with a glorious history of over 5 decades in financial service is pleased to announce a Receipt Capturing App MMC Receipt – a whole new mobile app with OCR and machine learning technology that can easily extract line item-wise written information from the receipts and converting it into editable data. 

MMC Receipt is one of the fastest and the most precise receipt scanning mobile application that can make expenses management convenient and hassle-free with easily integrated with the globally renowned accounting software FreshBooks.

But this is not the only reason for using MMC Receipt,

• Processing time

When a user captures a receipt from an app, web, pdf, or email he can easily see the data getting updated in real-time with a processing time of less than 5 minutes. The data which is collected by the app is the original document image, date of the receipt, supplier, line item details (quantity, description, etc), currency, total amount, tax amount, and invoice number. 

• Data Precision

MMC Receipt uses OCR and machine learning technology to extract written information from the receipts and convert them to an easy-to-manage format. We also have a team to check the quality of the data extracted data. We bring line item data as it is. 

• Unlimited users

A user of MMC Receipt is an organization who is using the app to manage the receipts, therefore a user can add multiple individual users who can have different roles such as administrator, manager, or accountant.

• Instant pushing to FreshBooks

A user with the role of administrator, manager, or accountant can easily push the receipts to the FreshBooks accounting software. 

• Unlimited cloud storage.

MMC Receipt comes with an amazing feature of unlimited cloud storage which allows the user to store as many receipts as possible. 

• Multi-level approvals

MMC Receipt is designed in such a way that it consists of multi-level approvals. When a user uploads receipts it goes through multiple checkpoints so that correct and precise data is pushed to FreshBooks accounting software.

“Our receipt scanner app works on a flat “no hidden charges” based pricing model of 15 USD per month that allows for processing of unlimited receipts by unlimited users.” says co-founder Shanu Mehta. She further adds, “the ‘Unlimited’ Package – as we like to call it – doesn’t end at any specific number of users or receipts. We also offer unlimited cloud storage and 24/7 customer support.”

While the features are undoubtedly impressive, the app’s technological infrastructure is quite robust in its own right. “We have capably blended a cutting-edge trio of OCR, Machine Learning, and human checks, thereby making the MMC Receipt the most error-free receipt and invoice data extraction software in the segment.” says co-founder Ankit Mehta.

Backed by powerful technology, a smartly designed user-interface, and an experienced team offering holistic support, the MMC Receipt is all geared up to provide its one of kind services.