From sports magazines to Beethoven’s
musical scores, traditional print is being replaced with the increase of
digital archiving. With improved organization, availability, and simplicity,
digital archiving presents many opportunities for the common user. With an
offer like this, you can depend on innovative entrepreneurs to find a way to
sell the service, or maybe even give it away for free.
Shoeboxed
is a company founded in 2006 and based in Durham, North Carolina. The company
utilizes the efficiency and convenience of online organization to deliver its service:
sorting receipts. The idea is simple: you scan your receipt and upload it onto
the Shoeboxed website and organize using the free tools provided. And, doing all
this costs you, NOTHING! With the free account, you can use as much space as
you want, export to Quicken, Excel, PDF expense report, CSV, itemize tracking
for receipts, create spending charts and analytics, and create an email address
for online shopping which will send receipts straight to the Shoeboxed site for
sorting. But although this will not cost you any money, Shoeboxed is aware that
the time it takes to scan the hundreds of receipts you have lying around may
put you off from using their services: so Shoeboxed will do it for you.
For a
monthly account fee which ranges from $9.95-$59.95, depending on the account type,
Shoeboxed will scan your receipts for you, all you have to do is send them in
the mail. And, for those who really need their receipts organized fast,
Shoeboxed offers the most expensive “express” account, which guarantees
customers a 1 business day processing time. The most popular account, which is
priced at $19.95 per month will not guarantee one business day, but does return
receipts by mail and sets the receipt limit per envelope at 500 receipts. Additionally,
bulk scanning is available for those of us who have held off for too long on
organizing our receipts.
The
Shoeboxed goal is clear: to make it easy and convenient to digitize, organize,
analyze, and export receipts. With convenience and practicality, the Shoeboxed
service appeals both to businesses and individuals. With emphasis on keeping
users’ information safe and providing “awesome customer support!” the Shoebox
team is likely to see growth in both customers and investors. With already
existing angel funding from several different sources, Shoeboxed appears to be
on its way to becoming a leader in the digitization revolution.