ReceiptsAI vs StractusAI Detailed comparison features, price

ReceiptsAI

ReceiptsAI offers a comprehensive solution for automating data extraction from various business documents, including receipts, invoices, and bank statements. This AI-powered tool transforms documents into actionable data, streamlining workflows and reducing manual data entry.

The platform features intelligent organization with automatic transaction categorization, customizable to match specific business needs. Bank-level security measures, including SSL encryption and secure US-based storage, ensures the safety of your financial data.

StractusAI

StractusAI offers a powerful AI-driven platform that streamlines the extraction of structured data from diverse documents such as invoices, receipts, resumes, contracts, and images. By understanding business context and various data layouts, the tool delivers rapid, highly accurate data extraction, significantly reducing the time and cost associated with manual entry processes.

Users can define their own extraction schemas to tailor the AI's output to specific business needs, enabling seamless integration of extracted data into analysis workflows or existing systems. StractusAI supports a broad range of file types and provides real-time analytics, helping businesses optimize operations, reduce errors, and focus team efforts on strategic growth rather than repetitive tasks.

Pricing

ReceiptsAI Pricing

Freemium

From $12

ReceiptsAI offers Freemium pricing with plans starting from $12 per month .

StractusAI Pricing

Freemium

From $29

StractusAI offers Freemium pricing with plans starting from $29 per month .

Features

ReceiptsAI

Smart Capture: Turn any document into actionable data
Instant data extraction: Extract data for receipts, invoices, and statements
Intelligent Organization: Your business expenses, organized automatically
Automatic Transaction Categorization: categorizes every transaction automatically
Data Export: Export everything to Excel or CSV with one click
Bank-Level Security: Secure US-based storage with enterprise-grade encryption
AI Data Extraction: Advanced OCR and AI algorithms extract key information with high accuracy.
Smart Categorization: Automatic expense categorization based on merchant and transaction patterns.

StractusAI

Instant Data Extraction: Obtain structured information from documents in seconds.
Custom Schema Setup: Define personalized rules and data points for extraction.
Wide Format Support: Processes PDFs, images, scanned files, and unstructured documents.
Scalability: Handles batch document processing for businesses of any size.
Advanced Analytics Dashboard: Real-time monitoring and extraction analytics.
Priority Support: Offers rapid assistance for professional and enterprise users.
High Accuracy: AI extracts relevant data with context-awareness and minimal error.

Use Cases

ReceiptsAI Use Cases

Automate data entry from receipts, invoices, and statements
Generate expense reports
Categorize business expenses
Reconcile bank and credit card statements
Track purchase orders
Process retail and store receipts with line item extraction
Handle PDF invoices and digital receipts
Process restaurant receipts including tips, splits, and itemized expenses

StractusAI Use Cases

Automating invoice and receipts data entry for accounting teams.
Extracting candidate information from resumes for HR departments.
Processing contracts or legal documents to digitize structured data.
Capturing form data and converting scanned documents for database storage.
Streamlining compliance documentation across industries.

FAQs

ReceiptsAI FAQs

Is my data private?

Yes. We take privacy very seriously. Your data is stored securely and will never be shared with third parties.
How accurate is AI data encoding?

Conversion quality depends on the quality of the photos and the complexity of the receipt. High quality photos can be converted with high accuracy.
What data is processed from the receipts?

We collect the merchant name, merchant address, date, total amount, sub total amount, tax amount, merchant tax identification number and merchant category.
Where is my data stored?

Data is stored securely on servers in the United States, by vetted, highly secure, third-party partners of us.
Which countries are supported?

At the moment, only receipts in English are supported. Our system has been tested on receipts from the US and Canada. We are working to support other languages soon.

StractusAI FAQs

What types of documents can StractusAI process?

StractusAI supports a wide range of document formats including PDFs, images (JPG, PNG), scanned documents, invoices, receipts, contracts, forms, resumes, and more, handling both structured and unstructured documents.