product-engineering

The Challenges

• A leading financial institute identified two primary challenges users faced in expense management like disorganized record-keeping and manual tracking leading to overlooked transactions. Users often relied on scattered notes or piles of receipts, exacerbating the problem.
• Their goal was to create an end-to-end expense management application covering features like expense tracking, budgeting, credit and debit card management, billings management, financial overview & report, and aim to provide users with a holistic financial management solution.

Infogen’s Approach

• We have developed a user-friendly application which simplifies expense tracking and financial management with features like timely notifications, clear dashboard snapshots of upcoming expenses reminders, and insights into income, expenses, and remaining balance.
• With Expense manager users can effortlessly manage credit/debit cards with options for scanning or manual entry, along with themed choices. The app focuses on simplicity and convenience which makes it a valuable tool for staying financially organized.

The Outcomes

• Expense Manager significantly enhanced users' financial organization, leading to a marked improvement of about 30% in clarity regarding spending habits and expense management.
• 70% decrease in late fees and penalties due to timely payment reminders and simplified card management.