One Receipt is an application that allows for easy tracking and storage of one's receipts. Whether they are e-receipts or paper ones, OneReceipt offers its users ways to easily store this valuable information. For example, e-receipts can simply be emailed to the user's OneReceipt email address. For paper receipts, users can simply take a picture of the receipt with their smartphone and email it to their OneReceipt address. From there, OneReceipt stores the data in the cloud and organizes its users' spending habits. In addition, OneReceipt offers its users rewards for purchasing certain items and also helps them keep track of their eligible return dates and shipments. Finally, OneReceipt guarantees its service to be secure by never sharing its users' email addresses. It also maintains a security by having a secure SSL connection available at all time. Credit card information is intentionally not stored on OneReceipt for security purposes.
OneReceipt started as a winning submission for a university-wide business competition. Co-founders Michael Altman and Sam Fine were those two university students who developed this idea based on the thought that "Receipts suck. Let's do something about it." OneReceipt officially launched in November 2011, after several years of brainstorming and beta-testing this idea. As of 2012, OneReceipt was a three-man operation based out of New York City. OneReceipt has been featured on such notable tech-publications as TechCrunch, VentureBeat and now AppAppeal!
At first glance, one may think "What can OneReceipt do for me that Mint cannot?" Actually OneReceipt is special in that it extracts receipt data and organizes it so users can not only track their receipts but can also see more clearly where their money is being spent and on what kinds of purchases. There are similar services out there like Lemon and Slice. While Slice and Lemon offer a neat mobile app component to their service, they both also charge their users either for the app itself (Slice) or for utilizing some premium features (Lemon). OneReceipt is completely free, although somewhat limited in its feature-offering compared to the competition.
OneReceipt is very easy to use, and it is professionally designed. Just because it's a three- man operation behind-the-scenes, one wouldn't guess that based on the appearance and functionality of OneReceipt. The app's also engaging. For example, when the registration process is completed the user may get a message like, "And we're syncing baby, Yea!" Therefore, OneReceipt is not only functional and useful, but it has a bit of a personality too!
Registering for OneReceipt takes just seconds. The app asks for one to assign a username and provide their email address, first and last name and a password. OneReceipt also encourages its users to provide their Gmail or Google apps ID to link the accounts and put OneReceipt into "auto-pilot." Once linked, OneReceipt is ready to go. In fact, if users go to their "My Receipt" tab shortly after registering they may be surprised to see some recent e-receipts from purchases at retailers like Amazon, already stored nicely away!
The main selling point for OneReceipt (at this time anyway) is that it is completely free for users and it provides all of its services at no cost. No "freemium" model here, at least not today. There were no indications at this time of future plans for charging for this service either.
OneReceipt is ideal for anyone who needs to track expenses for taxes or work, or for any individual who simply wants to keep a copy of their receipts in one place that's not a shoebox. Particularly if they are not in a committed relationship with another budgeting app (i.e. Mint.com, Lemon, etc.), then users are definitely recommended to give OneReceipt a try and see if it helps them stay on top of their finances and become a little more organized.