Save Time and Money with a Receipt Management App: Here's Why You Need One
A receipt management app can be an invaluable tool and is essential for anyone who wants to stay organized and make the most of their money. In this post, we'll look at 6 reasons why you need a receipt management app and how makes it easier for every household to save time and money.
1. Stay Organized
The first and most obvious reason to use a receipt management app is to keep track of your receipts. It's easy to misplace or forget what you spent your money on when you have a lot of receipts to keep track of.
With HouseHood, you can quickly take a photo of your receipt and have it automatically classified as "groceries," "entertainment," or "transportation." This makes it simple to easily find and refer to your receipts when you need them.
2. Simplify Tax Season
Keeping track of your expenses is important if you are self-employed or run a business. A receipt management app can help simplify the process by allowing you to access all of your receipts in one location.
3. Maximize Your Savings
Keeping track of your receipts can also help you save money. You can identify areas where you can cut back and save money by keeping track of your spending habits. If you notice that you're spending a lot of money on eating out, you might decide to start cooking more meals at home.
4. Easy Insurance Claims
A record of your receipt can be extremely useful if you need to file an insurance claim for a damaged or lost item. You can quickly submit your claim directly from the app with a receipt management app like HouseHood, making the process much faster and more efficient.
5. Reduce Paper Clutter
A receipt management app can help you in reducing paper clutter in your home or office. Receipts can quickly pile up, causing unnecessary paper clutter that is difficult to manage. With HouseHood, you can go paperless by digitizing all of your receipts. This saves space and cuts waste, making it a more environmentally friendly option.
6. Access Anywhere, Anytime
One of the primary advantages of using a receipt management app like HouseHood is that you can access your receipts at any time and from any location. This is especially useful if you need to submit an expense report or file a claim while traveling. You can quickly pull up the receipt from your app and send it to your insurance company.
What You Need to Know about HouseHood
HouseHood is here to help you in the most simple and organized way possible. Instead of having to keep track of physical receipts or manually enter data into a spreadsheet, you can simply snap a photo of your receipt with the HouseHood app and let its AI technology do the rest.
Scan and Store Receipts
After you scan your receipts, they’ll be digitized, transparent, and organized in one place. Also, the original receipt photo will save on the HouseHood cloud storage, so you won’t need to worry about deleting the app or even losing your phone.
Watch the video to learn how to add receipts automatically on HouseHood app, and visit our YouTube channel to find more ways to add your receipts on HouseHood and a lot more.
Notify on Asset Coverage
You'll always know when you can return an item and whether or not it's still under warranty. For this, make sure to add the warranty info of your asset if it isn't already written in your receipt.
At the top of the app, click on the "Coverage" section. There, you can see the coverage for all your assets. Click on "Edit" to change any info related to your asset and click on "Move" to select between the "digital" and "home" categories.
You can easily store all insurance documents and information digitally. Go to the Insurance section, click "add insurance," then select the asset to add its insurance, click continue and fill in all the information needed. Make sure to add any documents you have because it's always better to store them digitally.
Add Your Assets Pictures, Manuals, and Brochures
Trying to find info about an asset or product? Add photos to all your assets and easily see their pictures, manuals or brochures, etc., on the detail page. Whenever you’re scanning a receipt, just click on the select button, and, add any pictures, manuals, and brochures related to your asset. This way, you can have all the info about your asset in one place. Find out more about this awesome feature
Inside the App
There are two categories on the HouseHood app related to your assets, the digital one and those related to the home category. For better organization, add each asset to its related category.
Setting, Search Bar, and Notification
- On the top right of the app, you can see this icon which is the setting. Here you can see the number of receipts you can scan this month and the number of your assets.
- Don't forget about the search bar. It's always easier to just search for your receipt instead of going through everything you've added so far!
- The Notification bell on the top right will remind you of the assets’ warranties. You can also click on the options button and delete the notifications.
If it's important for you to be organized in life, manage your receipts and assets or submit a claim, then HouseHood is the app you've been looking for. Give it a try and see how it can help simplify your life!
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