Expenses Receipts Management

Key points on uploading receipts in Wise

AI processing

This feature uses AI to extract receipt details to speed up the monthly bookkeeping process. This processing may occasionally be inaccurate. Always verify important information like tax rate and vendor name.

Third-Party Data

We process receipt data solely to automate your expense management and bookkeeping. To perform this extraction, we use secure service providers who act as our data processors and are contractually prohibited from using your data for any other purpose. When you upload receipts, you confirm that you're authorised by your organisation to provide this information for business purposes.

Sensitive information

This service isn't designed to handle sensitive data like health information or protected characteristics. Please don't use it for receipts containing this data.

Data Retention

Wise retains your receipt images and extracted data for a limited period to assist with our customers' bookkeeping. Ensure you download or sync all records to your accounting software for your long-term statutory tax requirements.