Product Overview of WellyBox
WellyBox is a cloud-based, AI-powered solution designed to streamline and automate the management of financial documents, particularly receipts, invoices, and bills, for businesses and individuals.
What WellyBox Does
WellyBox acts as a virtual assistant that automatically collects, organizes, and analyzes financial documents from various sources. It aims to eliminate the tedious and time-consuming task of manual document gathering, allowing users to focus more on core business activities.
Key Features and Functionality
Automated Receipt Collection
WellyBox uses an AI engine, combining in-house technology with GPT-3, to crawl through your email inboxes (including Gmail and Office 365) and automatically extract receipts, invoices, and bills. This feature ensures that all financial documents are centralized and easily accessible.
Multi-Source Integration
Users can collect receipts not only from emails but also by scanning paper receipts using their mobile phones via a WhatsApp integration. This allows for seamless digitization of physical receipts.
Data Analysis and Export
Once the documents are collected, WellyBox analyzes the data and allows users to export it to various platforms such as Google Drive, Dropbox, Excel, QuickBooks, and Xero. This integration facilitates easy bookkeeping and financial reporting.
Centralized Dashboard
WellyBox provides a unified dashboard where users can view all imported invoices and receipts. The platform includes filters to manage and view documents based on criteria like email sender, source, and date, making it easier to organize and retrieve specific documents.
Automation Rules
Users can set custom automation rules to manage their documents efficiently. For example, they can configure rules to automatically categorize, delete, or attach receipts to specific expense categories or business entities, enhancing productivity and reducing manual effort.
Accountant Access
WellyBox enables users to send all receipts, invoices, and bills to their accountants directly from the dashboard, simplifying the process of tax filings and expense reporting.
Integration with Business Tools
The platform seamlessly integrates with popular business tools such as QuickBooks, Google Drive, and Dropbox, ensuring a smooth workflow and reducing the time spent on administrative tasks.
Time and Cost Efficiency
By automating the process of collecting and organizing financial documents, WellyBox helps businesses save significant time and reduce the risk of losing receipts, which can lead to financial losses and headaches for accounting teams.
Pricing and Plans
WellyBox offers various pricing tiers, including a free trial and different subscription plans:
- Free: Limited features
- Basic: $5.99 per month
- Pro: $15.99 per month
These plans cater to different business needs, allowing users to choose the one that best fits their requirements.
In summary, WellyBox is a powerful tool that leverages AI to simplify and automate the management of financial documents, making it an essential productivity hack for businesses looking to streamline their administrative tasks.