Digital Receipts, Now Please!

Since I travel, I always have a wad of receipts in my wallet waiting to be scanned into an expense report. My wife has a box in the kitchen where she tosses store receipts, hoping to never have to search them. Let's face it, receipts are a pain to manage. Chadwick Matlin said it best in his article Death to receipts! (I really identified with the "Costanza wallet.")

But there is hope. At the ARTS User Group meeting a few months back, I met a gentleman from Intuit that's working on a digital receipt solution along with long-time provider AfterBot. Apple led the way by emailing receipts to customers (and the Oracle Retail POS can do the same), but that's not really helping customers manage their receipts. Intuit's QuickReceipts solution, which is being beta tested in Scottsdale, is able to collect receipts from various retailers into a single, digital repository. This is a perfect solution to help manage the family budget, store receipts for possible returns, record expenses, and archive receipts for insurance purposes.

QuickReceipts.JPG

Several startups with similar solutions have come and gone, but I think Intuit is the right vendor to take digital receipts to the masses.

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David Dorf, Sr Director Technology Strategy for Oracle Retail, shares news and ideas about the retail industry with a focus on innovation and emerging technologies.


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