Not all receipt processing solutions are created equal. See why ReceiptGuard's AI-powered fraud detection outperforms manual review and generic OCR tools.
Manual receipt review is slow, expensive, and error-prone. See how ReceiptGuard transforms your workflow.
| Aspect | Manual Review | ReceiptGuard |
|---|---|---|
| Speed | Hours to days per batch | 3-5 seconds per receipt 99% faster |
| Accuracy | Human error rate ~5-10% | 90%+ OCR accuracy Consistent precision |
| Fraud Detection | Misses subtle tampering & AI-generated receipts | 6 fraud types detected simultaneously Catches what humans miss |
| Scalability | Limited by staff availability | Process thousands per day Unlimited capacity |
| Cost | €30-50/hour per reviewer | From €0.20 per receipt 90% cost reduction |
Average time saved: Manual review takes 5-10 minutes per receipt. ReceiptGuard completes the same analysis in 3-5 seconds—saving you 99% of processing time.
Generic OCR tools only extract text. ReceiptGuard analyzes, detects fraud, and provides actionable insights.
Basic text recognition only
Merchant, date, total, tax, line items + context
No fraud detection capabilities
6 fraud types detected: tampering, AI-generated, duplicates, handwriting, copy-paste, metadata
No risk scoring
Low/Medium/High risk levels with visual overlays
Raw text output only
Detailed explanations of what was flagged and why
No business logic
Understands receipt patterns, merchant behaviors, and anomalies
Generic OCR tools give you raw text. ReceiptGuard gives you fraud protection, risk assessment, and peace of mind.
From solo practitioners to enterprise finance teams, ReceiptGuard adapts to your workflow.
Protect your clients from expense fraud during audits and reviews
Streamline expense approval and catch fraudulent submissions instantly
Protect company budgets from inflated or fabricated expense claims
Monitor employee expenses without hiring dedicated accounting staff
Full compliance with European data protection regulations. Self-service data export, configurable retention, and complete audit trails.
Military-grade encryption for all data at rest and in transit
Multi-layer organization filtering prevents cross-access
ReceiptGuard