Expense Time Halved: How a Medical Practice Built an Efficient Bookkeeping Process

Business consultant John Stringer explains how he used Receipt Bank to help his medical practice clients improve their systems and create a more efficient bookkeeping process.

John Stringer specialises in handling expenses for medical practices. In a busy environment, where staff are focused on their essential work, managing expenses can often be neglected or even forgotten about completely. But using Receipt Bank, he built a tighter, more efficient bookkeeping process that allows his clients to claim back an extra 20% at the end of the year.

After hearing about Receipt Bank from a previous client, he decided to implement it for his medical clients.

Better business data 

“It used to be a time-consuming manual process and resulted in lot of wasted hours looking for receipts,” says John. “But that’s now rectified that we’re using the Receipt Bank smart-phone app.”

“I needed something with a simple process that could still give me a solid return on time-saving, and that has happened,” remembers John.

The results have been impressive, John explains. “We reached a whole new level of efficiency. There are no more lost paper copies of invoices which means less time wasted and a much better level of business data integrity”

Receipt Bank has also accomplished the time saving he was looking for. “Our in-house bookkeeper has saved 4 hours a week by using Receipt Bank.”

An effortlessly efficient bookkeeping process

It also makes life a lot easier for the staff. “Our employee expense reimbursement now takes half the time that it used to.”

The cost of using Receipt Bank has been made up many times over. According to John, “No more lost paper expenses mean we can claim 20% more at the end of the year, which lessens the stress levels of not only the bookkeeper but the CEO too. It’s a clever and intuitive app that takes the effort out expenses so you can focus on what matters.”

According to John, “No more lost paper expenses mean we can claim 20% more at the end of the year, which lessens the stress levels of not only the bookkeeper but the CEO too. It’s a clever and intuitive app that takes the effort out expenses so you can focus on what matters.”

To find out how Receipt Bank can help your small business save time and money, why take out a 2-week free trial?