Solution:
Our application will bring together the users finances by scanning receipts. The application will scan and pick up what kind of purchase it was, how much was spent, and the date/time of purchase. By collecting all this data the app will then set up a daily/weekly/monthly budget based off of what you’ve previously spent in the past. It will also have options to input things such as recurring payments, input weekly income, and budget adjustments. Our application will mainly be focused on the receipt scanner as our big seller which sets us apart from any other financial applications that currently exist. Our solution will be an effective way to manage and organize finances for anyone to use. Aside from the receipt scanning and tracking feature we plan to have an easy to use interface which allows users to view their current financial statements. Also the user will be able to use features such as a spending tracker to make sure their budget is working out, credit card tracker which will show statements on credit cards and when to pay, and lastly an alert system to keep your finances on track.