Created for OneBanc.ai
Muneem
Expenses Tracking and Management
Task Brief
Redesign the flow for an expenses app
Process Followed
Double Diamond Framework – Discover, Define, Develop, Deliver
Discovery
What problems are users facing?
Competitive Analysis
As suggested, initially a detailed run-through analysis of existing solutions was done
Walnut – Data Eccentric but vaguely concatenated
Pros –
Pros –
- Automated transaction sync from SMS data.
- Daily summary notifications
- Compiled Statement Reports
- Graph based statistics
Monito
Pros –
Pros –
- Clean and neat UI
- Can set recurring expenses and dues
- Statistics based on categories
- Excel import and export reports
MoneyLover –
Pros –
Pros –
- Statistics based on categories
- Active reminders and notifications
- Goal and budget based approach
- Detailed Reports
User Analysis
Few assumptions were made on the target audience to identify active users –
- Young Professional with income sources – active or passive
- Needs to track money spending habits
- Average tech user with average attention span
- Wants to work on money management and savings
Pain points and problems identified –
- Where is my money going?
- How to decrease outflow?
- How to prioritise saving for wants or impulsive buys?
Define
What problems to fix?
How Might We … ?
- Keep a simple track
- Get reminded for dues, spends, and records sync
- Spend less, save more, or invest
- Wants to work on money management and savings
- Provide security and confidentiality
User Performed Tasks
- Able to create and update transaction records
- Set budgets, dues, and goals
- Calculate or visualise expenses
- Understand reports and changes
- Maintain trust and accountability
Initial Notes
Develop
Does this fix the problem?
Information Architecture
Proposed Solution
