New AI tool automatically scans, categorizes and posts expenses, saving landlords and property managers millions of hours on bookkeeping
GRANTS PASS, Ore., Oct. 23, 2025 /PRNewswire-PRWeb/ -- Rentec Direct, the industry-leading property management software platform, has launched its new AI-powered receipt and invoice scanner—an innovative tool designed to automate expense tracking. By automatically scanning, categorizing and posting expenses like repairs and upgrades, HOA fees, property insurance premiums and marketing expenses, the AI receipt scanner will collectively save landlords and property managers millions of hours previously spent on manual bookkeeping.
Rentec Direct Founder and CEO Nathan Miller said, "As a landlord myself, I've felt the pain of losing an important receipt or sifting through endless stacks of paper. Before I created Rentec Direct, managing receipts and invoices by hand was the most time-consuming part of owning rental properties. Our new AI scanner is the solution to this problem—designed to make expense tracking faster and smarter so landlords and property managers can focus more on their properties and less on paperwork."
Developed in direct response to client feedback, the new Rentec Direct AI Scanner lets users upload photos of invoices and receipts in virtually any format—even handwritten notes—to quickly and easily record business expenses. Powered by advanced optical character recognition (OCR) and machine learning technology, the tool intelligently analyzes, categorizes and posts scanned expenses to the correct account within seconds. This innovation delivers faster, more accurate accounting and seamless on-the-go expense tracking.
The AI scanner is the latest example of Rentec Direct's commitment to leveraging cutting-edge technology to streamline property management. By strategically integrating AI into everyday workflows, the platform continues to reduce administrative burdens, improve accuracy and empower landlords and property managers to focus on what matters most—running their properties efficiently and providing a better tenant experience—without losing the human touch. Rentec Direct will always be dedicated to listening to client feedback and delivering tools that solve real-world challenges, making property management easier, quicker and more efficient.
To learn more about Rentec Direct's AI receipt and invoice scanner, visit: https://www.rentecdirect.com/blog/new-ai-receipt-scanner.
About Rentec Direct
Rentec Direct provides industry-leading property management software and tenant screening solutions for real estate professionals. Key features include online rent payments, a mobile app and tenant portal, vacancy listing syndication, and accounting tools. Founded in 2007, Rentec Direct is the third-largest software in its sector and is consistently the highest-rated by investors, landlords, and property managers. Recognized on the Inc. 5000 list of fastest-growing private companies for nine years and counting, Rentec Direct was also named Real Estate Company of the Year in the 23rd Annual American Business Awards and listed among the U.S. Chamber of Commerce's Top 100 Small Businesses. https://www.rentecdirect.com/
Media Contact
Brentnie Daggett, www.rentecdirect.com, 5412166000, [email protected], www.rentecdirect.com
SOURCE Rentec Direct
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