Software for
Automatic
Financial Report
Generation

Financial report generation software
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Challenge

Development of efficient functionality and preparation of software for future scaling.

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Solution

Modification of existing software, elaboration of the interface in accordance to new functions, thorough testing of new changes.

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Tech stack

React, React-Native, Java, Hibernate, PostgreSQL, Backend.

Client

A financial company specializing in optimizing various business processes with the help of unique digital solutions. The company has a wide network of partners and serves a large number of B2B customers in its region.

Challenge:

The client’s problem was a lot of unnecessary routine and paperwork when compiling reports and exchanging other documents with their clients. The data processing was at a snail’s pace. Due to having lots of clients and the growing amount of data, the customer was caught at a stalemate, without the possibility of their further business’ scaling.


There appeared an urgent request to optimize all work processes by developing a more flexible, functional and productive product.


The software had to match the following requirements:


  • optimization of existing solutions taking into account the current growth and future business scaling;
  • algorithm development for compiling financial reports and providing data to the end user;
  • control, identification and prevention of possible errors while generating data by the user in the software;
  • product interface adaptation, bearing in mind all changes;
  • formation of a wide pool of financial reports of the company.
Financial software
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Solution:

This project united Modsen professionals from various fields of development, which helped us to take into account and satisfy all the client's requests for the development of new software. During the in-depth analysis of the client's tasks and the intense work of the team, we managed to find custom solutions that brought business processes to a new level:

  • the server part of the product was written using Node JS technologies, which is getting used to be a secure and productive Java platform;
  • we dealt with improving the software interface using Bootstrap powered by our experience in similar projects;
  • deeper automation made the production of complex calculation algorithms possible in one click;
  • the software system identifies and marks all user-made errors;
  • the formation of various financial reports;
  • qualitative testing of the developed changes.
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RESULT:

The project was completed successfully, all the functionality corresponded to the technical task. Moreover, the Modsen team managed to improve the initial plans together with the client and find more flexible and high-quality solutions while developing. The significant result of cooperation for our partner now is:

  • key simplification of many business processes, which makes it possible to speed up data processing;
  • upgrade of the quality of generated financial reports, as well as their variety improvement;
  • intuitive interface for users, as clearly indicated by statistics;
  • the possibility of further scaling, without loss of quality and efficiency of data processing.
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Financial software product
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