The Rise of E-Receipts and Paperless Storage

Going Digital The Rise Of E-Receipts and Paperless Storage Today's consumers get two to three receipts per day, but like so many other documents in the Web-connected world, paper receipts are going the way of the dodo. Today, we look at why consumers are increasingly opting to go paperless, the benefits e-receipts offer to shoppers, and how Lemon.com is leading the charge for simpler receipt management. WHY THE “SHOEBOX UNDER THE BED" APPROACH DOESN'T WORK ANYMORE It's no secret that consumers are inundated with receipts by merchants of all kinds. 9.6 million Each year, 9.6 million trees are cut down just to produce paper receipts. 640 million The U.S. alone uses 640 million tons of reciept paper per year. Traditionally, consumers have managed their receipts by stuffing them into shoeboxes and forgetting about them for months or years. Unfortunately, this isn't really a “management" strategy at all: There's no simple way to quickly review receipts by category or add up totals. It's easy to lose a receipt before storing it. Rummaging through a messy box of papers from every store you buy from (when you just need ONE receipt) is de-motivating. Because the "shoebox under the bed" approach relies on willpower and patience, it often fails us when we need it most. The result: chaos and confusion during reimbursements or tax time. THE RISE OF E-RECEIPTS FROM POPULAR RETAILERS To simplify shopping for both consumer and business, some retailers have launched e-receipts that go straight to a shopper's email instead of being handed to them. The following companies have rolled out e-receipts at We saw a number of people come thousands of locations nationwide. in with wallets stuffed with old receipts. And returns can sometimes be a hassle for someone who's time starved. So we just thought, 'Let's think of a way to make this more convenient and OLD NAVY APPLE GAPNORDSTROM PATAGONIA WELLS FARGO streamlined for the customer and BANANA REPUBLIC also go a little bit green.' SHELLEY PERELMUTER, VP OF CRM AT GAP, INC. It makes sense for retailers to go digital, considering that: $3 PER ROLL $500 PER YEAR Each roll of receipt paper costs $3 on average and prints about 100 receipts. The average merchant spends $500 per year on receipt paper alone. Meanwhile, Seamless Receipts raised $1.5 million in venture capital to help brick-and-mortar retailers go paperless. As of February 2011, the company was working with Retail Pro and its nearly 35,000 retail brand customers. Receipt management companies have attracted sizeable venture capital, too: PROJECT SLICE HAS RAISED $9.4 MILLION. NEAT RECEIPTS HAS RAISED SHOEBOXED HAS RAISED $15.6 MILLION. $1.4 MILLION. That's over $27 million invested into the growing e-receipt and receipt management markets! E-receipts aren't just about cutting down on paper waste. Merchants believe they will also simplify returns and warranties, as well as enable “social graphs" of what people are buying. HOW LEMON.COM SIMPLIFIES YOUR PAPER AND PAPERLESS RECEIPTS Unfortunately, most merchants still do not offer convenient e-receipts to their customers. That's why you need a way to manage ALL your receipts (paper and paperless) in one place. Lemon.com replaces the willpower and patience consumers don't have with a system they can easily use. Never lose a receipt again Spend smarter and save money N because Lemon tracks your spending with useful graphs. Be more organized and get rid of the paper clutter in your life. Bonus Perk: A recent study reported in The New York Times found that as many as 94 percent of paper receipts contain the harmful chemical BPA. Lemon allows you to scan and throw away these receipts instead of storing them in your home. No matter where your receipts come from, Lemon keeps them organized and quickly accessible in one place. The barrage of receipts we all receive isn't slowing down anytime soon, but with the right tools, we can stay on top of our receipts instead of getting buried in them. SOURCES NPR | BusinessInsider | ATM Marketplace | SoftwareAdvice | Tefkin | The New York Times L Lemon Going Digital The Rise Of E-Receipts and Paperless Storage Today's consumers get two to three receipts per day, but like so many other documents in the Web-connected world, paper receipts are going the way of the dodo. Today, we look at why consumers are increasingly opting to go paperless, the benefits e-receipts offer to shoppers, and how Lemon.com is leading the charge for simpler receipt management. WHY THE “SHOEBOX UNDER THE BED" APPROACH DOESN'T WORK ANYMORE It's no secret that consumers are inundated with receipts by merchants of all kinds. 9.6 million Each year, 9.6 million trees are cut down just to produce paper receipts. 640 million The U.S. alone uses 640 million tons of reciept paper per year. Traditionally, consumers have managed their receipts by stuffing them into shoeboxes and forgetting about them for months or years. Unfortunately, this isn't really a “management" strategy at all: There's no simple way to quickly review receipts by category or add up totals. It's easy to lose a receipt before storing it. Rummaging through a messy box of papers from every store you buy from (when you just need ONE receipt) is de-motivating. Because the "shoebox under the bed" approach relies on willpower and patience, it often fails us when we need it most. The result: chaos and confusion during reimbursements or tax time. THE RISE OF E-RECEIPTS FROM POPULAR RETAILERS To simplify shopping for both consumer and business, some retailers have launched e-receipts that go straight to a shopper's email instead of being handed to them. The following companies have rolled out e-receipts at We saw a number of people come thousands of locations nationwide. in with wallets stuffed with old receipts. And returns can sometimes be a hassle for someone who's time starved. So we just thought, 'Let's think of a way to make this more convenient and OLD NAVY APPLE GAPNORDSTROM PATAGONIA WELLS FARGO streamlined for the customer and BANANA REPUBLIC also go a little bit green.' SHELLEY PERELMUTER, VP OF CRM AT GAP, INC. It makes sense for retailers to go digital, considering that: $3 PER ROLL $500 PER YEAR Each roll of receipt paper costs $3 on average and prints about 100 receipts. The average merchant spends $500 per year on receipt paper alone. Meanwhile, Seamless Receipts raised $1.5 million in venture capital to help brick-and-mortar retailers go paperless. As of February 2011, the company was working with Retail Pro and its nearly 35,000 retail brand customers. Receipt management companies have attracted sizeable venture capital, too: PROJECT SLICE HAS RAISED $9.4 MILLION. NEAT RECEIPTS HAS RAISED SHOEBOXED HAS RAISED $15.6 MILLION. $1.4 MILLION. That's over $27 million invested into the growing e-receipt and receipt management markets! E-receipts aren't just about cutting down on paper waste. Merchants believe they will also simplify returns and warranties, as well as enable “social graphs" of what people are buying. HOW LEMON.COM SIMPLIFIES YOUR PAPER AND PAPERLESS RECEIPTS Unfortunately, most merchants still do not offer convenient e-receipts to their customers. That's why you need a way to manage ALL your receipts (paper and paperless) in one place. Lemon.com replaces the willpower and patience consumers don't have with a system they can easily use. Never lose a receipt again Spend smarter and save money N because Lemon tracks your spending with useful graphs. Be more organized and get rid of the paper clutter in your life. Bonus Perk: A recent study reported in The New York Times found that as many as 94 percent of paper receipts contain the harmful chemical BPA. Lemon allows you to scan and throw away these receipts instead of storing them in your home. No matter where your receipts come from, Lemon keeps them organized and quickly accessible in one place. The barrage of receipts we all receive isn't slowing down anytime soon, but with the right tools, we can stay on top of our receipts instead of getting buried in them. SOURCES NPR | BusinessInsider | ATM Marketplace | SoftwareAdvice | Tefkin | The New York Times L Lemon Going Digital The Rise Of E-Receipts and Paperless Storage Today's consumers get two to three receipts per day, but like so many other documents in the Web-connected world, paper receipts are going the way of the dodo. Today, we look at why consumers are increasingly opting to go paperless, the benefits e-receipts offer to shoppers, and how Lemon.com is leading the charge for simpler receipt management. WHY THE “SHOEBOX UNDER THE BED" APPROACH DOESN'T WORK ANYMORE It's no secret that consumers are inundated with receipts by merchants of all kinds. 9.6 million Each year, 9.6 million trees are cut down just to produce paper receipts. 640 million The U.S. alone uses 640 million tons of reciept paper per year. Traditionally, consumers have managed their receipts by stuffing them into shoeboxes and forgetting about them for months or years. Unfortunately, this isn't really a “management" strategy at all: There's no simple way to quickly review receipts by category or add up totals. It's easy to lose a receipt before storing it. Rummaging through a messy box of papers from every store you buy from (when you just need ONE receipt) is de-motivating. Because the "shoebox under the bed" approach relies on willpower and patience, it often fails us when we need it most. The result: chaos and confusion during reimbursements or tax time. THE RISE OF E-RECEIPTS FROM POPULAR RETAILERS To simplify shopping for both consumer and business, some retailers have launched e-receipts that go straight to a shopper's email instead of being handed to them. The following companies have rolled out e-receipts at We saw a number of people come thousands of locations nationwide. in with wallets stuffed with old receipts. And returns can sometimes be a hassle for someone who's time starved. So we just thought, 'Let's think of a way to make this more convenient and OLD NAVY APPLE GAPNORDSTROM PATAGONIA WELLS FARGO streamlined for the customer and BANANA REPUBLIC also go a little bit green.' SHELLEY PERELMUTER, VP OF CRM AT GAP, INC. It makes sense for retailers to go digital, considering that: $3 PER ROLL $500 PER YEAR Each roll of receipt paper costs $3 on average and prints about 100 receipts. The average merchant spends $500 per year on receipt paper alone. Meanwhile, Seamless Receipts raised $1.5 million in venture capital to help brick-and-mortar retailers go paperless. As of February 2011, the company was working with Retail Pro and its nearly 35,000 retail brand customers. Receipt management companies have attracted sizeable venture capital, too: PROJECT SLICE HAS RAISED $9.4 MILLION. NEAT RECEIPTS HAS RAISED SHOEBOXED HAS RAISED $15.6 MILLION. $1.4 MILLION. That's over $27 million invested into the growing e-receipt and receipt management markets! E-receipts aren't just about cutting down on paper waste. Merchants believe they will also simplify returns and warranties, as well as enable “social graphs" of what people are buying. HOW LEMON.COM SIMPLIFIES YOUR PAPER AND PAPERLESS RECEIPTS Unfortunately, most merchants still do not offer convenient e-receipts to their customers. That's why you need a way to manage ALL your receipts (paper and paperless) in one place. Lemon.com replaces the willpower and patience consumers don't have with a system they can easily use. Never lose a receipt again Spend smarter and save money N because Lemon tracks your spending with useful graphs. Be more organized and get rid of the paper clutter in your life. Bonus Perk: A recent study reported in The New York Times found that as many as 94 percent of paper receipts contain the harmful chemical BPA. Lemon allows you to scan and throw away these receipts instead of storing them in your home. No matter where your receipts come from, Lemon keeps them organized and quickly accessible in one place. The barrage of receipts we all receive isn't slowing down anytime soon, but with the right tools, we can stay on top of our receipts instead of getting buried in them. SOURCES NPR | BusinessInsider | ATM Marketplace | SoftwareAdvice | Tefkin | The New York Times L Lemon Going Digital The Rise Of E-Receipts and Paperless Storage Today's consumers get two to three receipts per day, but like so many other documents in the Web-connected world, paper receipts are going the way of the dodo. Today, we look at why consumers are increasingly opting to go paperless, the benefits e-receipts offer to shoppers, and how Lemon.com is leading the charge for simpler receipt management. WHY THE “SHOEBOX UNDER THE BED" APPROACH DOESN'T WORK ANYMORE It's no secret that consumers are inundated with receipts by merchants of all kinds. 9.6 million Each year, 9.6 million trees are cut down just to produce paper receipts. 640 million The U.S. alone uses 640 million tons of reciept paper per year. Traditionally, consumers have managed their receipts by stuffing them into shoeboxes and forgetting about them for months or years. Unfortunately, this isn't really a “management" strategy at all: There's no simple way to quickly review receipts by category or add up totals. It's easy to lose a receipt before storing it. Rummaging through a messy box of papers from every store you buy from (when you just need ONE receipt) is de-motivating. Because the "shoebox under the bed" approach relies on willpower and patience, it often fails us when we need it most. The result: chaos and confusion during reimbursements or tax time. THE RISE OF E-RECEIPTS FROM POPULAR RETAILERS To simplify shopping for both consumer and business, some retailers have launched e-receipts that go straight to a shopper's email instead of being handed to them. The following companies have rolled out e-receipts at We saw a number of people come thousands of locations nationwide. in with wallets stuffed with old receipts. And returns can sometimes be a hassle for someone who's time starved. So we just thought, 'Let's think of a way to make this more convenient and OLD NAVY APPLE GAPNORDSTROM PATAGONIA WELLS FARGO streamlined for the customer and BANANA REPUBLIC also go a little bit green.' SHELLEY PERELMUTER, VP OF CRM AT GAP, INC. It makes sense for retailers to go digital, considering that: $3 PER ROLL $500 PER YEAR Each roll of receipt paper costs $3 on average and prints about 100 receipts. The average merchant spends $500 per year on receipt paper alone. Meanwhile, Seamless Receipts raised $1.5 million in venture capital to help brick-and-mortar retailers go paperless. As of February 2011, the company was working with Retail Pro and its nearly 35,000 retail brand customers. Receipt management companies have attracted sizeable venture capital, too: PROJECT SLICE HAS RAISED $9.4 MILLION. NEAT RECEIPTS HAS RAISED SHOEBOXED HAS RAISED $15.6 MILLION. $1.4 MILLION. That's over $27 million invested into the growing e-receipt and receipt management markets! E-receipts aren't just about cutting down on paper waste. Merchants believe they will also simplify returns and warranties, as well as enable “social graphs" of what people are buying. HOW LEMON.COM SIMPLIFIES YOUR PAPER AND PAPERLESS RECEIPTS Unfortunately, most merchants still do not offer convenient e-receipts to their customers. That's why you need a way to manage ALL your receipts (paper and paperless) in one place. Lemon.com replaces the willpower and patience consumers don't have with a system they can easily use. Never lose a receipt again Spend smarter and save money N because Lemon tracks your spending with useful graphs. Be more organized and get rid of the paper clutter in your life. Bonus Perk: A recent study reported in The New York Times found that as many as 94 percent of paper receipts contain the harmful chemical BPA. Lemon allows you to scan and throw away these receipts instead of storing them in your home. No matter where your receipts come from, Lemon keeps them organized and quickly accessible in one place. The barrage of receipts we all receive isn't slowing down anytime soon, but with the right tools, we can stay on top of our receipts instead of getting buried in them. SOURCES NPR | BusinessInsider | ATM Marketplace | SoftwareAdvice | Tefkin | The New York Times L Lemon Going Digital The Rise Of E-Receipts and Paperless Storage Today's consumers get two to three receipts per day, but like so many other documents in the Web-connected world, paper receipts are going the way of the dodo. Today, we look at why consumers are increasingly opting to go paperless, the benefits e-receipts offer to shoppers, and how Lemon.com is leading the charge for simpler receipt management. WHY THE “SHOEBOX UNDER THE BED" APPROACH DOESN'T WORK ANYMORE It's no secret that consumers are inundated with receipts by merchants of all kinds. 9.6 million Each year, 9.6 million trees are cut down just to produce paper receipts. 640 million The U.S. alone uses 640 million tons of reciept paper per year. Traditionally, consumers have managed their receipts by stuffing them into shoeboxes and forgetting about them for months or years. Unfortunately, this isn't really a “management" strategy at all: There's no simple way to quickly review receipts by category or add up totals. It's easy to lose a receipt before storing it. Rummaging through a messy box of papers from every store you buy from (when you just need ONE receipt) is de-motivating. Because the "shoebox under the bed" approach relies on willpower and patience, it often fails us when we need it most. The result: chaos and confusion during reimbursements or tax time. THE RISE OF E-RECEIPTS FROM POPULAR RETAILERS To simplify shopping for both consumer and business, some retailers have launched e-receipts that go straight to a shopper's email instead of being handed to them. The following companies have rolled out e-receipts at We saw a number of people come thousands of locations nationwide. in with wallets stuffed with old receipts. And returns can sometimes be a hassle for someone who's time starved. So we just thought, 'Let's think of a way to make this more convenient and OLD NAVY APPLE GAPNORDSTROM PATAGONIA WELLS FARGO streamlined for the customer and BANANA REPUBLIC also go a little bit green.' SHELLEY PERELMUTER, VP OF CRM AT GAP, INC. It makes sense for retailers to go digital, considering that: $3 PER ROLL $500 PER YEAR Each roll of receipt paper costs $3 on average and prints about 100 receipts. The average merchant spends $500 per year on receipt paper alone. Meanwhile, Seamless Receipts raised $1.5 million in venture capital to help brick-and-mortar retailers go paperless. As of February 2011, the company was working with Retail Pro and its nearly 35,000 retail brand customers. Receipt management companies have attracted sizeable venture capital, too: PROJECT SLICE HAS RAISED $9.4 MILLION. NEAT RECEIPTS HAS RAISED SHOEBOXED HAS RAISED $15.6 MILLION. $1.4 MILLION. That's over $27 million invested into the growing e-receipt and receipt management markets! E-receipts aren't just about cutting down on paper waste. Merchants believe they will also simplify returns and warranties, as well as enable “social graphs" of what people are buying. HOW LEMON.COM SIMPLIFIES YOUR PAPER AND PAPERLESS RECEIPTS Unfortunately, most merchants still do not offer convenient e-receipts to their customers. That's why you need a way to manage ALL your receipts (paper and paperless) in one place. Lemon.com replaces the willpower and patience consumers don't have with a system they can easily use. Never lose a receipt again Spend smarter and save money N because Lemon tracks your spending with useful graphs. Be more organized and get rid of the paper clutter in your life. Bonus Perk: A recent study reported in The New York Times found that as many as 94 percent of paper receipts contain the harmful chemical BPA. Lemon allows you to scan and throw away these receipts instead of storing them in your home. No matter where your receipts come from, Lemon keeps them organized and quickly accessible in one place. The barrage of receipts we all receive isn't slowing down anytime soon, but with the right tools, we can stay on top of our receipts instead of getting buried in them. SOURCES NPR | BusinessInsider | ATM Marketplace | SoftwareAdvice | Tefkin | The New York Times L Lemon