Case study: Receipt Bank's rapid growth
Rachael Power caught up with the co-founder of Receipt Bank at Xerocon recently, an app that promises to put an end to the hassle of shoebox clients.
Michael Wood co-founded the app in 2010, which has since won Xero add-on of the year two years in a row.
It links up with a number of cloud accounting software packages, and allows firms and clients to take pictures of a paper receipt with a smartphone or tablet.
The receipt is then automatically transmitted to the cloud and entered into your cloud accounting software.