Case Study: Marcum LLP achieves faster receipt matching and more client value with Receipt Bank

Marcum LLP - Customer Case Study

Marcum LLP, a large public accounting firm, faced a significant challenge with the manual and labor-intensive process of matching source documents to a high volume of client credit card transactions. This inefficient task was so costly that they had to push the work back onto a startup client, which had hundreds of transactions per month. They sought a solution from Receipt Bank to automate this workflow.

By implementing Receipt Bank, Marcum automated the data capture and matching process, allowing clients to easily submit receipts via a mobile app. This eliminated hundreds of missing receipts each month, saving one client days of work and saving all clients significant weekly time. For Marcum, Receipt Bank streamlined collaboration and freed up staff to focus on high-value analysis and advisory services, transforming their client relationships. The firm plans to roll out Receipt Bank to more offices nationwide.

Marcum LLP

James Wilkinson

Managing Director