Why item-level data is a game changer?

Have you tried all the budgeting apps but still can't find getting grasp of your finances? Traditional transaction categorization often falls short in capturing the nuances of spending. Imagine spending 50 EUR at a grocery store, only to realize later that it actually was a toy for you. With item-level data, you gain clarity, knowing exactly what you purchased. It's that simple.

In today's financial landscape, access to detailed transaction data revolutionizes the way we manage money. Ever wanted to look up how much you paid for something? Or wanted to return a product but had lost the receipt? By enabling product details within every banking transaction, we empower users with unprecedented transparency, paving the way for smarter budgeting and substantial savings.

Here's why it matters:

1. Enhanced Transparency: With item-level data at their fingertips, users gain deep insights into their spending habits. This transparency fosters a clearer understanding of where money goes, enabling informed financial decisions.
   

2. Improved Budgeting: Detailed transaction information allows for more accurate budgeting. Users can categorize expenses precisely, identify areas of overspending, and adjust their budgets accordingly, leading to better financial management.
   

3. Saving Money: Knowledge is power, especially when it comes to your finances. By seeing product details in your transactions, you can compare prices over time, spot trends, and make smarter purchasing choices.
   

4. Scan It & Forget It: Say goodbye to cluttered wallets and filing cabinets. With item-level data stored electronically, there's no need to keep paper receipts. This not only reduces physical clutter but also simplifies record-keeping and expense tracking. Just scan the receipt once and we'll find the respective transaction in your bank and populate it with product data.
   

5. Effortless Returns: Accurate transaction details streamline the return process. Users can easily reference their purchase history to retrieve product information, making returns and exchanges hassle-free.
   

Embracing item-level data transforms the financial landscape, offering users unparalleled visibility and control over their finances. It's not just about tracking transactions—it's about empowering individuals to make informed choices, save money, and achieve their financial goals.