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Development of an Advanced Travel Expense Tracking and Currency Conversion Mobile Application
  1. case
  2. Development of an Advanced Travel Expense Tracking and Currency Conversion Mobile Application

Development of an Advanced Travel Expense Tracking and Currency Conversion Mobile Application

spaceotechnologies.com
Travel and Tourism
Business services
Financial services

Identified Challenges Faced by Travelers in Managing Expenses Across Countries

Travelers face difficulties in accurately tracking travel expenses by location, converting multiple currencies seamlessly, managing expense limits, and reviewing historical transactions. These challenges hinder a relaxed travel experience and can lead to financial disorganization during trips.

About the Client

A mid-sized or large travel agency or tour operator aiming to enhance traveler experience by providing comprehensive expense management and currency conversion tools within a mobile app.

Goals for Developing a Comprehensive Travel Expense Management Mobile App

  • Enable travelers to log and categorize expenses in real-time during travel.
  • Implement multicurrency conversion to facilitate expense tracking across different countries.
  • Provide expense limit reminders based on user-defined budgets.
  • Create detailed and visual expense reports with export options in formats such as PDF and XLS.
  • Support offline functionality for expense entry, currency conversion, and reminders.
  • Allow data backup, restore, and synchronization across devices via cloud services.

Core Functionalities for the Travel Expense and Currency Conversion App

  • Real-time expense logging with categories and currency selection.
  • Multicurrency conversion with real-time exchange rates.
  • Expense limit setting and automated reminder notifications.
  • Historical transaction tracking with search and filter capabilities.
  • Graphical and tabular expense reports with export options (PDF, XLS).
  • Offline mode for expense entry, currency conversion, and reminders.
  • Cloud integration for data backup and cross-device synchronization.
  • Ability to email exported reports to use for reimbursement or record-keeping.

Technological Stack and Platform Preferences for Development

Native mobile development using Swift for iOS
Kotlin for Android development
Cross-platform compatibility considerations
APIs for currency exchange rates, such as real-time currency conversion APIs
Cloud storage solutions for backup and restore, such as Google Drive or similar
Data visualization libraries for report charts

External System Integrations Essential for Functionality

  • Currency exchange rate APIs for real-time conversion
  • Cloud storage APIs for backup and restore (e.g., Google Drive API)
  • Email service provider for report sharing
  • Push notification services for reminders and alerts

Key Non-Functional System Requirements and Performance Metrics

  • Application should support offline usage with data synchronization once online.
  • Ensure data security and privacy, complying with relevant data protection standards.
  • Target app performance: loading times under 2 seconds with smooth UI transitions.
  • Scalability to support increasing user base without degradation.
  • High availability with 99.9% uptime for backend services.

Projected Business Benefits and Outcomes of the Expense Tracker App

This app aims to significantly improve travelers' expense management efficiency, reduce financial disorganization during trips, and enhance overall travel experience. Expected results include high user engagement, streamlined expense reporting, and increased customer satisfaction, leading to better retention and potential revenue growth for the travel service provider.

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