The Receipt Tracking Assistant (RTA) is a powerful software tool that allows an organization to manage employee and/or associate expense receipts. Modern organization associates are traveling at an alarming rate. Americans make more than 405 million long-distance business trips each year. What are these business travelers spending their money on? More importantly, how much of it needs to be reimbursed by the sponsoring organization? Currently, the expense receipts from these trips aren't being managed as efficiently as they could be: 66% of organizations do not use any type of electronic reimbursement management software at all.
By incorporating a powerful database backend with a user-friendly and intuitive user interface, RTA will provide an inexpensive solution for all expense tracking and management needs. RTA will allow the user to scan expense receipts quickly and easily. Then, it will extract and parse the data from these receipts, automatically filling out expense reports. RTA will also allow the creation of custom expense reports and employee profiles. By our estimates, organizations will be able to cut the required time for expense management in half.

Proposal

The Small Business Innovative Research Phase II Proposal. (doc)