Technology

How AI is Transforming Receipt Management

The days of manually typing data from a crumpled piece of paper into a spreadsheet are over. Artificial Intelligence (AI) has revolutionized how we handle financial documents.

Beyond Simple OCR

Traditional Optical Character Recognition (OCR) simply turned an image into text. Modern AI goes further—it understands context. It knows that "Starbucks" implies the category "Meals & Entertainment" without you having to tell it.

Fraud Detection

AI algorithms can detect duplicates or manipulated receipts instantly. For larger teams, this automated audit layer saves thousands of dollars in accidental or fraudulent reimbursements.

Predictive Coding

Slip-Scan's AI learns your habits. If you always code purchases from "Amazon" as "Office Supplies," the system learns that preference and applies it automatically next time, saving you clicks.

Natural Language Queries

Imagine asking your database, "How much did I spend on electronics in November?" With AI chat integration, your financial data becomes a conversation, not just a static report.

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