Solution Overview

Paper receipts do not last. Besides just getting lost, the typical receipt is printed on thermal paper that can turn black over a course of a few weeks to a month. ARCHIVE-WISE digitizes in your hard copy receipts and stores them for archival purposes. Many industries need to maintain receipts for 7 years while other 15 years. Hard-copy receipts take up enormous space and are often lost or damaged whereas having each billing cycle on a separate CD/DVD is easy to keep track of. Original receipts are returned to a location of your choosing from your office to storage facilities to shredding services.

 

Benefits

  • Archival
  • Savings – storage space
  • Savings – internal scan time
  • Mitigate program risk
  • Compliance with state and federal laws as applicable
  • Reduce internal audit findings
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