The disclosure herein relates to business content analysis. In particular, the disclosure relates to systems and methods of an expense management system operable to perform automatic business documents' content analysis for generating business reports associated with automated value added tax (VAT) reclaim, Travel and Expenses (T&E) management, Import/Export management and the like. The system is further operable to provide various organizational expense management aspects for the corporate finance department and the business traveler based upon stored data. Additionally, the system is configured to use a content recognition engine, configured as an enhanced OCR mechanism used for extracting tagged text from invoice images and also provides continuous learning mechanism in a structured mode allowing classification of invoice images by type, providing continual process of improvement and betterment throughout.