Receipt Reader AI

iOS

Swift

AI/ML

OCR

Cursor

Claude

AI-powered mobile app that transforms expense management with cutting-edge OCR technology. Built with native Swift and developed using Cursor and Claude for rapid, efficient development.

The Challenge

Small businesses, freelancers, and individuals were spending hours manually entering receipt data into accounting systems. Traditional expense tracking was error-prone, time-consuming, and created friction in financial workflows. The market needed a solution that could accurately extract receipt information in seconds while integrating seamlessly with popular accounting platforms like Xero, QuickBooks, and YNAB.

Our Solution

We developed Receipt Reader AI as a native iOS application using Swift, leveraging AI-powered OCR technology to extract receipt data with 99%+ accuracy. The development process was accelerated using Cursor and Claude for AI-assisted coding, allowing us to implement complex features faster while maintaining code quality. The app processes receipts in under 3 seconds, automatically capturing merchant names, amounts, dates, and line items, then exports directly to accounting platforms.

Results

Receipt Reader AI has rapidly grown to 10,000+ active users and processed over 1 million receipts since launch. The app maintains a 99.2% accuracy rate in data extraction and receives consistent 5-star reviews for its speed and reliability. Users report saving an average of 5 hours per week on expense tracking, and the app has become particularly popular with freelancers and small business owners. The tiered pricing model (Free, Starter $5.99/mo, Pro $14.99/mo) has achieved strong conversion rates with users upgrading as their needs grow.