The present invention is a
system comprising
image capture device, such as a
scanner or
digital camera connected to a computer processor that is able to capture and store images, and method of using the same for storing and
processing expense receipts. The computer processor analyzes the images of the receipts, converts the images to text, analyzes the data, extracts expense data, and puts the data into an expense report. The
end user can review the captured expense data, correct it or add to it. Preferably, the
system displays the image of the
receipt side-by-side with the captured expense data to make review and editing easier. In a preferred embodiment the
image capture device is portable, such as a handheld
scanner or
digital camera, so that a user can scan receipts while traveling and discard the
receipt. Also, in a preferred embodiment, the images are encrypted to prevent tampering by the user or a
third party, and thereby preserve the integrity of the
receipt image. In one preferred embodiment, receipt images or uploaded via
the Internet an
intranet, or other network to a remote data storage facility to further protect the images, both from tampering and from loss.