In recent months I’ve been paying much closer attention to the world of start-ups. My goal is to provide my readers with some intelligence on new and emerging companies I believe are doing a good job of filling online, mobile and behavioral need gaps. The danger in that of course is that a large portion of these companies will likely go nowhere but I’m not a VC guy so my out-of-pocket cost is simply the time spent on these posts. That said, this will be a regular thread on Out ‘N Front moving forward…that is until my inbox gets flooded by E-mails or I become subject to personal identity theft!
OneReceipt, currently in private beta, is a site that essentially aims to help consumer make sense of the barrage of E-mail receipts filling their inboxes. It provides order, analytics, insight and rewards behind purchases. Think about all the micro-payments we make these days where the records get lost. Work in media, this may be a good way of organizing some tax deductions come tax season, Outside of the organizational/micromanaging benefit, the company will also be integrating rewards based on frequent purchases. Like to go to restaurant you just might receive a discount coupon It will also send notifications when return policies are about to expire.
I for one am scared at the idea of actually seeing how much money I’m spending on apps and music but here goes. The site is a member of eTrust for those fearful of giving out privacy information.
Now that I’m accepted into the service, the potential of this product is immense. It allows you to cut all your spending by year, category and expense type (business/personal). In addition, watch out corporate expense program, the ability to go back and search for original receipts is going to make submitting e-receipts a breeze.