Receipt Camera

About project

Renance — Automated Financial Services Oy — Finnish startup from Espoo, occupied in automation of routine processes in financial services.

Receiptcamera is an application that automates the process of expense claims compensation, including purchases for cash, per diems, mileage, and credit card bills.

The traditional expense claims accounting requires a lot of paperwork and necessity to keep packs of receipts. It is not an employee-friendly practice. Accountants are not satisfied as well — receipts constantly get lost, therefore expenses are not fully covered with supporting documents.

The Receiptcamera app records all corporate and accounting expenses via desktop or mobile interface and transfers them directly to responsible accountants.

An employee takes a picture of a receipt through Receiptcamera, the app recognizes data and automatically adds the cost, VAT, cost centers and accounts in the expense claims form. The employee only needs to describe the expense and send the form to his accountant. The accountant verifies the form and approves the expense with one click. After that, the payment can be sent to the employee’s account automatically.

Receiptcamera also tracks mileage and per diems, and connects the receipts to the credit card bills automatically. The app supports the electronic accounting system of Finland, Sweden, and Norway and integrates with Netvisor and Magenta e-invoicing platform.

The scope of paperwork has decreased greatly, and the process of expense claims reimbursement has become 83% automated and three times faster. As a result, accounting costs have diminished up to 70%.

Application
Mvp dark

Duration2 months

Timeline dark

TimelineIn development

Brain dark

Amoniac team5 Brains

Location dark

LocationHelsinki, Finland

Testimonials

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Fredrik Teir

CEO and Founder

When the Amoniac guys contacted me, I had the prototype that didn’t work as I expected and a lot of ideas to implement. We reached an understanding, and they allocated the development team for my project, which was really comfortable to work with. The guys re-wrote my mobile app and wrote specs on the existent code. They helped me filter and prioritize my insights and then developed new features. Now my app works as I want. I like the guys for their flexibility and openness for new ideas and suggestions. Always a pleasure to work with pros.

Amoniac involvement

Amoniac has adopted the project with basic functionality and moved through production to deployment and support of the working web platform and mobile app.
The team realized Ruby on Rails back-end, Backbone.js-based front-end
in the form of Single Page Application, and several important Integrations with third-party services like Netvisor and Maventa.
The project is still ongoing: we are expanding functionality and adding new integrations.

Inv back
Back-End
3 Ruby developers
Inv front
Front-End
1 HTML coder
Inv system integration
QA
1 Manual QA

Technologies

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Integrations

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Achievements

Ach amount

1000receipts per day

Ach high load

100000receipts processed

Na

Natify

Paid media platform for the B2B market that connects personalized content with target audiences via the programmatic technology. Has own analytics system and integrates with the top marketing automation systems. Generates higher engagement and ROI.

Brain white

8 Brains

Mvp white

1 year

Location white

Helsinki, Finland

Li

Lindstrom

Proof of concept of the cloud Enterprise Resource Planning system for the international textile service company. Monitors and optimizes the flow of resources among divisions of the company. Has fast and user-friendly interface.

Brain white

1 Brain

Mvp white

2 months

Location white

Helsinki, Finland