Tailride

Tailride: AI-Powered Invoice and Receipt Automation

What is Tailride? Tailride is an AI-driven software designed to automate invoice and receipt processing, saving businesses hundreds of hours. It efficiently extracts invoices and receipts from various sources, including email inboxes and online portals, streamlining accounting workflows.

Core Features

• Inbox Scanning: Automatically monitors and extracts invoices from Gmail, Outlook, and other email clients. It handles invoices in PDFs, images, email bodies, or URLs.
• Online Portals: Extracts invoices from websites like Amazon, Meta Ads, Adobe, Notion, and Microsoft using a Chrome extension. No need to manually download invoices.
• Integrations: Seamlessly integrates with accounting software such as QuickBooks and Xero, as well as Google Drive and Google Sheets, to automate data transfer and organization.
• AI Processing: Employs AI to populate invoice fields automatically and allows users to set custom rules for invoice tagging and classification.
• Reconciliation: Matches bank statements with invoices using AI, identifying missing invoices. It supports currency conversion for expenses in different currencies.

How does Tailride work?

Tailride works by connecting to your email inboxes and online portals to automatically extract invoices and receipts. The AI algorithms then process these documents, populating the necessary fields and categorizing them based on user-defined rules. Finally, the data is integrated with your accounting software or stored in your preferred cloud storage solution.

1. Connect Accounts: Link your email accounts (Gmail, Outlook, etc.) and online portals.
2. Automated Extraction: Tailride scans these sources for invoices and receipts.
3. AI Processing: AI extracts relevant data from the documents.
4. Custom Rules: Users can set rules to classify and tag invoices.
5. Integration: Export data to accounting software, Google Drive, or Google Sheets.

Why choose Tailride?

Tailride differentiates itself from other receipt apps by providing a complete solution for invoice management. Instead of just processing receipt photos, Tailride connects natively to your inbox and retrieves all invoices automatically. This comprehensive approach eliminates manual work and ensures accurate, organized financial records.

Key Benefits

• Time Savings: Automate up to 99% of manual invoice processing.
• Accuracy: Reduce errors with AI-driven data extraction and custom rules.
• Organization: Keep all invoices and receipts organized in one place.
• Integration: Seamlessly connect with accounting software and other tools.

Who is Tailride for?

Tailride is ideal for:

• Businesses of all sizes: From startups to large enterprises, Tailride can streamline invoice management.
• Accountants: Automate invoice processing for multiple clients.
• Finance professionals: Eliminate manual data entry and ensure accurate financial records.
• Fast-growing companies: Scale operations without being bogged down by manual paperwork.

What problems does Tailride solve?

• Missing Invoices: Tailride monitors inboxes and online portals to keep track of all incoming invoices, preventing them from being missed.
• Manual Data Entry: Automates data extraction, eliminating the need for manual data entry.
• Disorganized Records: Organizes all invoices and receipts in one place, making it easy to find and access them.
• Tax Filings: Streamlines tax filings by ensuring all invoices are readily available and accurately categorized.

Testimonials

• Lucas M. Suárez, Head of Operations at tradinglab.es: "I just wanted to congratulate you on how ridiculously well Tailride works. Super clean, super straightforward to solve the problem... Great."
• Ramiro Zandrino, CEO at ucademy.com: "Absolutely mandatory for fast-growing companies. We've completely eliminated manual work for tax filings, our accountant's the happiest now!"

Practical Uses

• Automated Expense Tracking: Automatically extract and categorize expenses from receipts sent via email or scanned through a Telegram or WhatsApp bot.
• Invoice Data Extraction for Reporting: Extract all necessary data fields from invoices for financial reporting and analysis.
• Bank Statement Reconciliation: Match transactions in bank statements with corresponding invoices to identify any discrepancies or missing documents.

Getting Started

1. Sign up for free: Start with the basic plan to process up to 10 invoices per month at no cost.
2. Connect Accounts: Link your email accounts and online portals to begin extracting invoices.
3. Automate Workflows: Set up custom rules to tailor the AI processing to your specific needs.

Tailride Pricing

Tailride offers several pricing plans to meet different needs. You can start with a basic free plan and upgrade as your invoice processing volume increases. Individual credits are also available for purchase and do not expire.

Security and Compliance

Tailride has successfully completed a Cloud Application Security Assessment Tier 2 (CASA) and has been validated by the App Defense Alliance (ADA). It is also GDPR compliant and stores all user data within the European Union, specifically in AWS Spain. This ensures a high level of security and compliance with data protection regulations.

Conclusion

Tailride is a comprehensive AI-powered solution for automating invoice and receipt processing. Its ability to extract data from multiple sources, integrate with accounting software, and provide customizable rules makes it an invaluable tool for businesses looking to streamline their financial operations and save time. By automating these tasks, Tailride allows businesses to focus on core activities and achieve greater efficiency in financial management. How to best manage your invoices? Tailride offers a powerful solution.