Managing receipts can be a time-consuming and error-prone task for property managers, leading to inefficiencies and potential financial discrepancies. Without a streamlined system in place, teams may struggle to accurately track expenses and reconcile transactions, impacting overall financial management and reporting.

Clearing's latest feature revolutionizes receipt management by offering a seamless solution for property managers to upload, organize, and match receipts with bank and credit card transactions effortlessly. With advanced parsing capabilities, Clearing automates the process of extracting key details from receipts, including total amounts and individual line items. This automation not only saves valuable time but also reduces the risk of manual errors, ensuring accuracy in financial records. Additionally, Clearing enables users to categorize receipts to specific categories (based on your chart of accounts) or assets, allocate taxes, and split transactions with ease, providing comprehensive control over the full management of expenses. By streamlining receipt management, Clearing empowers property managers to improve efficiency, enhance financial accuracy, and focus on core operations on the business instead of bookkeeping.

Clearing's receipt management feature offers a user-friendly interface for uploading and processing receipts. Leveraging advanced AI technology, Clearing parses receipts to extract essential information and categorizes expenses accordingly. Moreover, Clearing provides configurable AI settings, allowing businesses to customize receipt mapping and enhance asset recognition.

Furthermore, Clearing's mobile app facilitates on-the-go receipt management, allowing users to upload and categorize receipts conveniently from any location on their mobile device. With this feature, businesses can enhance productivity and ensure timely expense tracking, ultimately driving operational efficiency and financial transparency.

Take your property management to the next level with Clearing's receipt management feature, enjoy benefits like streamlined expense tracking, precise financial records, and enhanced compliance.

Ready to revolutionize your property management and unlock a new era of efficiency?

Connect with us for a personalized demo and discover how uploading receipts within Clearing - or through the mobile app - can add tremendous value and efficiency to your property management expense management operations.

Explore our knowledge article called “How to Upload and Manage Receipts in Clearing” and harness the power of Clearing to optimize your property management expense management workflows.

Clearing is a Financial Technology Company, not a bank. Deposit Accounts are issued by Evolve Bank & Trust, Member FDIC.

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