THE PROBLEM

Automation has permeated many areas across different industries. Finance is especially a key industry for automation as a solution for the high-intensive tasks involved in it. A Multi-national group needed a solution for this problem –  to streamline their data processing for regulatory returns.

This project is an automated and guided solution for the finance team to prepare regulatory forms accurately. It provides the user with a streamlined and guided process to generate regulatory returns from the trial balance data to reduce errors from the existing manual processes. It will also perform analysis or simulation using the data derived from the completed  forms to evaluate internal processes and controls.

THE SOLUTION

The Scope of the Project is to build:

  • Web application for organisations to generate regulatory forms from the uploaded trial balance sheets
  • Web application for “Reviewers” to review the regulatory forms and trial balance sheet
  • Web application for admin user to do user management
  • After analyzing the requirements, Perfomatix has come up with high-level functionality.

The user roles are as follows:

  • Financier
  • Reviewer
  • Admin

The components are

  • Web based application for Financier
  • Web based application for Reviewer
  • Web based application for Admin

ARCHITECTURE DIAGRAM

INDICATIVE SCREENS

TECHNOLOGY STACK

ModuleRecommended Technology Stack
FrontendAngular
BackendJava
Email NotificationMail Gun
DatabasePostgreSQL
Report generationJasper reports
Hosting Azure cloud
Version ControlGithub/Bitbucket
CI/CDJenkins

ESTIMATED COST AND SCHEDULE

Total Project cost including development, testing, and deployment (USD)
Development of Finance reporting system  USD 40,000
Estimated Duration  16  Weeks

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