YubillY Blog

  Receipts Then and Now: The changing trends of storing and organizing spending software The digital, paperless, and cloud terms dominate the financial technology sphere right now. It is no secret that items are becoming more and more online. This is beneficial for many reasons. One I would like to focus on today narrows in on digital receipts, what this technology’s future looks like, and why you’d want to become acquainted with this process sooner rather than later. Let’s dive in. Digital receipts are not uncommon in retail stores. Places like Apple have embraced digital transactions long ago. the connectivity between their point-of-sale (POS) and your email is already so intertwined that its process is a no-brainer. However, only some stores are Apple. An abundance of retail purchases we make still offers that small, hot piece of paper we either ignore or throw in the recycling later. This is a huge waste of paper, time, etc. Other stores feature a device that allows us to send receipts to our email, but there are drawbacks to this, too; emails get lost in our inbox, which in the grand stream of things, are pretty easy to overlook. Not to mention the time it takes to type our email into the iPad sitting at the front counter. While email receipts are a great alternative to paper, they still mark a difficult transition. They are hard to track and organize. In the future, we know digital receipts will be extremely accessible and easy to manage. It is predicted that every receipt will be digital. We will be able to track every purchase we make, categorize them, and store and archive them in efficient ways beneficial to both buyer and seller. Before that time, we must find a solution to this molasses-like receipt economy that benefits us, our time, and most importantly, our spending. Consolidation is the key to organization. At Yubilly, the focal point of our design and implementation is bringing things together to grant users a simple action that saves them headaches. Rather than email receipts, Yubilly allows users to pay and track receipts instantaneously. Our QR codes jump the email hurdle and upload receipts straight from payment. Collecting this information right away makes daily financial tracking nearly automatic. Benefits of digital receipts app: Better arranged: Digital receipts are stored in a consolidated location: The Yubilly app. Forget about scrolling through your email for that one digital receipt. Organizing and recording each receipt in folders isn’t necessary. That’s our job. Make spending easier to track: With every receipt in one place, our spending becomes much more digestible and clear. The visual layouts of the Yubilly app reflect our habits and allow us to see ourselves unabridged. Overlooking: Imagine pure, perfectly balanced transaction reports. Categorize your purchases automatically, and never miss a receipt again. Saving: Now that your receipts all fit tightly in one easy-to-use application, track and manage your habits in real time. Make better decisions, see where your disposable income is wasted and unnecessary, and look for patterns that can be optimized. The first key to everything is awareness. The landscape of collecting receipts is still being determined as the paper receipt phases out. While email is a temporary solution, we know this platform is designed for communication, not financial tracking. A more sustainable and efficient method is on the way; don’t be late. Try Yubilly today.  

  The Underlying Health Issues of Paper Receipts: Why their impact is being studied now   The receipts we receive for purchasing things are typically printed on thermal paper coated with 2 chemical compounds: Bisphenol-A (BPA) or its chemical sibling Bisphenol-S (BPS). BPA and BPS are compounds that support the heat-activated printing process. They are essential for printing receipts quickly, on the spot. Without these chemicals, the receipts would be very dangerous items. However, a bigger, more subtle issue runs through these paper receipts, hot printed off the price. Through the skin, BPA may enter the body uninvited, causing and instigating potential threats and a plethora of health issues. Firstly, the chemicals BPA and BPs, as found on thermal receipts, are connected to weight issues and neurological issues like attention or mood. It has been demonstrated that each chemical is dangerous to human and animal reproductive systems. According to research, cashiers’ bodies had higher levels of BPA than those in other professions. This is no surprise. Regular reception processing might be especially worrying for growing teenagers of either gender and pregnant, breastfeeding, or reproductive-age women who are more at risk to such calamities. Therefore, it’s crucial to avoid exposing newborns, young children, pregnant and breastfeeding women, infants, toddlers, and women who may become pregnant to BPA and BPS. Additionally, it’s important to avoid putting thermal receipt paper in your recycle or compost container. BPA and other chemicals that wind up in wastewater from recycling plants may impact other types of paper, causing greater quantities of BPA and BPS. In many American communities, these papers are considered contaminants in the recycling stream. With health in mind, we have sought a solution to the growing, long-term impacts of thermal receipts. Yubilly. Yubilly helps sellers deliver receipts directly to your phone or email. Finally, they serve as proof of payment without a paper trail. These receipts are frequently regarded as more handy because they are less likely to be lost, do not fade, and do not necessitate the use of paper. Benefits of digital receipts app: Better arranged: Digital receipts are kept from getting lost or forgotten as quickly as paper receipts and are easier to organize. Scanning a digital receipt is significantly faster than reviewing your paper receipts and looking for the correct one. Make spending easier to track: Paper receipt tracking can be time-consuming and error-prone. With e-receipts, however, your purchases are instantly linked to your account, so you only need access to your phone or laptop. Operating Effectiveness: By speeding up the processing and handling of paper receipts, digital receipts increase operational effectiveness.No longer are employees required to manually enter data from each invoice into the accounting system of the business. They are now able to concentrate on other things that need their attention. Reduce manual data entry errors: Manual data entry is time-consuming and always runs the risk of human error. Both of these problems can be solved at once with digital receipts. Save paper and ink costs: Let’s take a closer look at how much each paper receipt costs. The cost of purchasing it follows the cost of producing paper. After purchasing, you will need ink and a printer to print on the paper. All of this affects numerous businesses. Digital receipts do not require any paper. This means that you are eliminating any unneeded expenses. As a result, you can put such funds towards other aspects of your company’s operations. So, the Yubilly digital receipts app can help you switch to a paperless office – and it will show you how easy it is to do it with an Invoice. That’s all for today! Let us know your most effective opinion and advice.

  How Shoppers Drug Mart, Home Depot, and other brand customers benefit from Yubilly   Big retailers are often known for their innovation, strategies, and budget. Home Depot and Shoppers Drug Mart are two of these big players. In recent years, these big retailers have opted for a digital transition for transactions. These involve everything from online purchases to self-checkout kiosks. These changes aim to eliminate customer-employee interaction, reduce waiting times, and reduce environmental impact. With these big implementations come electronic receipts. Nowadays, it’s common to hear retailers and shops ask for an email receipt from the customer. This is part of the digital transition that our world is undergoing. Electronic receipts are a big part of modern life, and their advantages are obvious. Inside the electronic receipts pros comes a cleaner, more effective way of tracking expenses. Eliminating the need for physical receipts creates better customer interaction with the store. Also, electronic receipts avoid a mountain of paper trail that, in most cases, is useless. E-receipts provide many features and advantages that customers of big retailers, like Home Depot and Shoppers Drug Mart, might want to consider. This includes a contactless experience. Following the social distancing norms, contactless transactions have soared in the last couple of years. We need to take advantage of this change. Another thing to consider with these digital interactions, it’s the positive impact on the environment. Paper receipts might not cause panic, but looking back at the numbers, almost one billion gallons of water and 10 million trees are sacrificed to make paper rolls for receipts. Coming back to our big retailers, purchases at these big-name stores rarely involve only one item. Tracing our expenses item by item can be problematic when making a big purchase with several things. SME owners often have this problem. Yubilly helps you solve that problem with a ground-breaking platform. A structure in our tracking system can be critical when looking back at the expenses. Analyzing each item, cost, taxes, and details can be tedious and time-consuming. Storing our receipts electronically allows us to organize our spending and track each transaction. We can help you solve this problem. Yubilly stores your receipts for you, storing them in your Yubilly’s mailbox, free of spam, marketing, and unwanted emails. Using the mailbox Yubilly provides, you can keep all your E-receipts in the same place and organize them and display each item, line by line. How it works After creating your Yubilly free account, you will get your custom email address (yourname@yubilly.com), and you can forward all your electronic receipts to that email. Yubilly gathers all the information on every electronic receipt you send and displays the information on each item in the ticket. You will see a detailed view of your purchases by item, store, and historical data. Among all the features Yubilly offers, the filter for E-receipts is one of the most useful. If you use your personal email for these electronic receipts, soon you will start getting marketing and spam emails. Yubilly filters all these and only shows you what you want to see while protecting your personal information. After sending the receipt, the information on that receipt will be shown in an easy-to-read platform where you can see the individual items of each ticket. This is a simple and easy way to manage your monthly expenses. Avoid paper receipts. Go digital. Join Yubilly and start using all the unique features we have to offer. Join now!

Can we monitor our cash payments?   Intro One of the biggest challenges small businesses encounter is running out of cash. Business owners are often distracted by their daily activities and don’t realize that their business is running with a negative cash flow. Here are some tips for monitoring your cash payments. Tip #1: Check your balance periodically A bank statement that balances means that all your transactions have been recorded correctly and the decisions are made using all the available information. Tracking your expenses is crucial when planning for a positive cash flow. Yubilly helps you track all your expenses in the same place. This makes the process simpler, faster, and better. Tip #2: Avoid a paper mountain Small businesses can have a lot of paper trail when it comes down to their expenses. Everyday purchases for our business can lead to a massive mountain of paper receipts, which can be harmful when tracking our expenses. Yubilly offers a simple way of getting rid of all these paper trails. Opting for a paperless transaction, you can opt for an email receipt using your Yubilly email. The platform will filter for all SPAM and marketing emails that often come with these transactions and show the expenses line by line in your dashboard. Tip #3: Inventory management Managing your inventory is one quick way to ensure your cash flow stays positive. Low stock can risk your customer relations, but too much can be expensive and hurt your cash by increasing storage costs, spoilage, etc. A sound inventory system can go a long way to help you manage your cash balances. Tip #4: Keep up with invoices Plan your invoice strategy so they’re easy and straightforward to pay. This will help avoid late payments and mistakes. You do not want an invoice that will make it harder for the client to pay you. Tip #5: Negotiate with your supplier Another helpful tip is negotiating with your supplier for a more favorable payment structure or schedule. This cannot be done in all scenarios, but it is a good practice in your favor. This structure will help you avoid paying late fees and neglecting your relationship with your supplier. How Yubilly Can Help Monitoring cash payments can be a hassle if left unattended. Tracking your expenses with mountains of paperwork can be harmful to your business as it takes considerable time. One of the many benefits that Yubilly offers is a personalized mailbox that you can use to opt for paperless transactions. Yubilly platform will take the receipt information and display it on your personal dashboard, item by item. This will save you time and money when tracking your expenses. Another benefit of Yubilly’s mailbox is that it automatically filters out any email unrelated to the transaction. Any marketing, spam, or other emails that reach your mail will be discarded. Join now and discover all of Yubilly’s features.