Receipt digitization is the process of converting paper receipts into digital documents. This process is becoming increasingly popular in the business world as it allows for easier storage, tracking, and retrieval of important financial documents. Receipt digitization can be done manually or through automated software. The manual process involves scanning each paper receipt and converting it into a digital file. Automated software, on the other hand, uses Optical Character Recognition (OCR) technology to quickly and accurately convert paper receipts into digital documents. This process can save businesses time and money, as well as provide them with a secure and organized way to store and manage their financial documents. Receipt digitization also helps to reduce the risk of lost or misplaced documents, as digital documents can be easily backed up and stored in the cloud. Ultimately, receipt digitization is an important tool for businesses to use in order to streamline their financial processes and increase efficiency.