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NeatReceipts Co-founder Recognized for Innovation and Leadership

Published Friday, June 29, 2007
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Rafi Spero, chief operating officer for NeatReceipts, was recently honored as a 40 Under 40 recipient by Dealerscope magazine.

  1. The sixth annual 40 Under 40 report recognizes bright young talent in the consumer electronics industry, representing the full spectrum of the market from vendors, to sales representatives, to distributors and trade organizations.
  2. Spero co-founded NeatReceipts with his father, Les, in 2002.  Under his leadership, Rafi helped expand the Companys flagship product, the Scanalizer, from a tool designed to help mobile professionals organize expense reports, to a complete scanner and software solution that helps everyone to scan, analyze, organize and store nearly any paper document including receipts, bills, medical forms, business cards and more.
  3. Spero guided the company as it has grown from $500,000 in revenue in 2004, to $8.6 million in 2006.  Projected sales for 2007 are nearly $20 million and Spero has raised more than $7 million in financing for the company.
  4. Before founding NeatReceipts, Spero was a manager at Bearing Point, formerly KPMG consulting, where he designed enterprise resource planning systems for Fortune 1000 companies, managing large proprietary system projects for clients such as SAP, Oracle, and others.  Before that, he was a product designer and project manager of business simulations software at Strategic Management Group in the e-learning group.

QUOTE

"Winners of our 40 Under 40 group of rising young stars are people who possess intense drive and business-savvy and who are committed to innovation that will continue to push them up the ranks in the consumer electronics industry.  Rafi Spero more than fits that criteria. Not only will his career be exciting to watch, but he’s also the type of executive who will be part of developing the young talent that makes Dealerscope’s 40 Under 40 such an exciting project." Jeff O’Heir, editor in chief of Dealerscope magazine.

ABOUT NEATRECEIPTS

Founded in 2002, NeatReceipts is dedicated to providing user-friendly scanning solutions that reduce paper clutter and simplify paperwork for individuals and businesses. The patented NeatReceipts Scanalizer is a multi-purpose scanning solution that scans, analyzes and organizes paper receipts, business cards and full-size documents into easy-to-read digital spreadsheets. NeatReceipts is a privately-owned company headquartered in Philadelphia. For more information please visit http://www.neatreceipts.com/.

COMPANY HIGHLIGHTS

  • October 2002: Founded by Rafi Spero and Les Spero
  • November 2004: NeatReceipts launched at Philadelphia Airport kiosk
  • November 2005: SCANALIZER launched at Staples, Amazon, Fry’s; additional kiosks opened
  • August 2006: Awarded Best Product honors at RetailVision
  • October 2006: Named #1 Fastest Growing Private Company by Philadelphia Business Journal
  • December 2006: Named Startup Company of the Year by Eastern Technology Council
  • April 2007: SCANALIZER named NAPO’s Organizer’s Choice Award for Best Technology Product
  • June 2007: Rafi Spero recognized as a top 40 Under 40 by Dealerscope magazine

Contact Informatinon

Jeff Vogel

Director of Marketing
NeatReceipts
(215) 382-3300 Ext. 103
Email Contact

Elizabeth Rizzo
SHIFT Communications
(617) 779-1845
Email Contact

SOURCE:  NeatReceipts

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