Foreceipt

Founded in 2014 and based in Vancouver, Canada, Foreceipt Inc. provides a software-as-a-service (SaaS) solution to digitize and automate expense management. The platform uses Optical Character Recognition (OCR) technology to scan and extract data from receipts, invoices, and bills, eliminating the need for manual data entry. Its mission is to simplify bookkeeping and tax preparation for small businesses, freelancers, and their bookkeepers by providing tools for real-time expense tracking, customizable reporting, and cloud storage, ensuring compliance with tax authorities like the IRS and CRA.