A digital receipt is becoming one of the most powerful tools for getting organized, staying productive, and saving time throughout the workday.
Digital receipts are also extremely beneficial for the environment, and may even protect you from cancer! That’s because some of the chemicals used to make paper receipts have been shown to cause cancer in lab rats – yikes!
Save money, save time, save the planet, and protect your health. Not too shabby, right?
Here are seventeen of the top benefits of scanning receipts and going digital:
17. When you go digital, there will be no more paper clutter in your car, wallet, purse, home, or office. You’ll be able to stay organized and get back to doing what’s most important to you.
16. A digital receipt will let you instantly track your expenses with receipt scanner software and cut time spent doing your taxes in half.
15. Protect yourself from harmful BPA, the chemical found in paper receipts that’s been shown to cause cancer in lab rats. Every time you touch a paper receipt, you’re exposed to this chemical. Switching to digital receipts will reduce your risk of exposure significantly.
14. Reduce the amount of paper being dumped into landfills each year. According to Will Hines, writing in the Huffington Post, paper receipts account for 1.5 billion tons of waste annually in the United States alone. That’s 10 million trees cut down, a billion gallons of water and over a quarter of a billion gallons of oil used. In the UK, 11 billion receipts are printed each year.
13. Capture receipts while you’re on the go by using receipt scanning apps for your smartphone.
12. Create one-click expense reports with your receipt scanning software’s reporting tool. You’ll never have to staple a stack of receipts to a hard copy expense report again.
11. Organize your receipts by category to get an instant snapshot of your spending.
10. Instantly upload your digital receipt to your application in real time, ensuring that each and every expense is tracked and your accounts are up to date.
9. Save money on costly printer ink and paper by going paperless in your office and at home.
8. Share your information with your accountant or tax professional with the click of a button.
7. If you ever need to find a receipt for tax purposes, it’s as easy as searching by date or keyword within your receipt scanning account.
6. If the IRS requires you to produce a receipt, you can simply print it out and submit it.
5. You can create digital receipts while working off-site by using a portable digital receipts scanner made for travel.
4. Going paperless extends beyond receipts. Most receipt scanner software will also scan bank statements, itineraries, budgets, or any other documents that need to be digitized.
3. Digital receipts lead to a more organized, clutter-free office, which in turn improves productivity in the workplace.
2. Thermal paper receipts are not recyclable, making e-receipts more important than ever for making a positive impact on the environment.
1. When you ask for an emailed receipt or snap a picture of a receipt with your smartphone, you’ll enjoy the feeling of a more organized personal environment and a more sustainable environment for everyone.