After lots of digging and research here is what I have found to be the facts surrounding this issue and implementing a program to allow embedding the PDF file, editing it, and saving it back to the server. This process would be great however from what I can tell there is nothing out there that really does this for Ruby On Rails. To quote @Nick Veys
Seems like you need to find a Javascript PDF editor you can load your PDF into, allow the user to modify it, and ultimately submit it back to the server. Seems like they exist, here's one for ASP projects
You are correct but still wrong in the sense that yes there is one for ASP projects however that is Microsoft Based, yes I know that it can run on Linux environments through Mono. However to the point it would appear in this instance that a Ruby On Rails specific solution is indeed needed.
The solution that we have come up with is as follows
1. Use a PDF editing package in the linux repositories like PDFtk
2. You then render a page with the PDF embeded on one side and a form representing the live fields in the PDF to take input.
3. Once submitted you use PDFtk to write the values into a new template PDF file and overwrite what was previously stored.
This requires a few additional steps to process the data than I really care for myself. However it is the best solution that our team could come up with, without bleeding the project budget dry for just 1 piece of functionality.
I hope this helps anyone else looking to do the same thing in Ruby On Rails.