• 2010 June 01

Company Description

Digital Receipt Processing and Expense Management Tool

Founded in 2010 by Jim Thomas with expertise in the payments industry, Itemize is a financial technology company focused on extracting data and value from receipts and invoices. Potential benefits include revenue, cost, and risk management gains for large and small companies. Itemize’s solution aggregates and organizes receipts from any merchant in any form. Users gain a full view of all purchases from every merchant, for both cash and card payments. Businesses employ Itemize for bookkeeping, billing, tax tracking, VAT reclaim, compliance, and audit, while consumers can track and analyze purchases, obtain work reimbursements, track health care purchases, and generate insurance and tax documentation. Banks and financial service partners can access new levels of purchase behavioral data, from which they can market additional products while better managing risks. Itemize distributes its services through partnerships, with white-label and API solutions for banks, payments organizations, business services firms, and insurance carriers. Itemize has blue-chip clients in the banking industry in the US and Europe, with advanced discussions ongoing across EMEA, reflecting Itemize’s unique potential in the financial services and payments sector. As receipts continue to evolve from paper to digital, Itemize is poised to become the leading platform for digital receipt management for consumers, businesses, and financial supply chain partners.