Online platform for accounting outsourcing company
Kruze is an advanced online promotion and customer engagement platform for a consulting company in over ten states in the USA.
Background
Customer Request
Challenges
- Errors in the project's technical organizationThe basic website version with the system was supported "on-demand". There was no regular monitoring and improvement of the code and the technical side of the platform. It complicated the process of interaction with clients, and also significantly muddled the work organization of the consulting company's specialists.
- Lack of automation for interaction with financial institutions50% of the work of the company's specialists consisted of interaction with financial institutions, which took a lot of time due to manual processing of information and overload of routine processes: collecting details, data for access, information on accounts. This reduced overall team productivity and slowed down work.
- Shortage of databases systematization for various clustersThe work of a consulting company was significantly complicated because most of the information was stored on electronic media in different Excel or Google Sheets files. As a result of such a spread, some data was lost, financial analytics and other work were more complicated. At the same time, the company could not scale its activities due to the broad array of unprocessed information.
Challenges
Solutions
- Streamlining technical processes and project redesignTo simplify the process of interaction with customers, and to maximize the work of Kruze specialists, we developed a system for formulating tasks for developers. The current platform has been systematized thoroughly: by customers, requests, services, user access as a result of updating the technical side of the project and the interface.
- Development of functionality for simplified interaction with banksFTH specialists have integrated with banking user interfaces for quick access to payment instruments directly from the system. It simplified and accelerated the process of financial transactions, and also ensured the minimization of the specialists' amount of errors as a result of the human factor.
- Creating a clustered databaseAs a result of the introduction of a user database with the systematization of information in various clusters and areas, the company managed to significantly simplify the process of data processing for financial analytics and forecasting directly from one system. Besides, the degree of information protection increased due to restrictions on access rights.
Solutions
Seed and venture funding kruze clients have received
Customers are satisfied with the quality of Kruze's financial services
Kruze tax team helps to save in payroll taxes this year
The kruze project’s roi during the team work
Main features
Financial Package Development
Earlier the company’s specialists spent a lot of time for the creation of personalized monthly financial reports for every individual client. Design of the generation function of such documents with data import from QuickBooksOnline allowed automating the preparation process of Financial Package for every separate company with an automatic mailing that significantly decreased operational time of accountants and analytics of Kruze.
Financial Package Development
Financial reporting system
Most of the financial documentation was previously prepared by specialists manually, relying on figures and data from various documents, reports, invoices and other sources of financial information. We implemented the customer cards cross-integration with the ability to view all data directly in the card and export it to the necessary reports. It allowed us to optimize the work system maximally. At the same time, the company significantly reduced the risk of errors in documentation due to the human factor, thereby fully protecting clients from fines, and itself from losing cooperation contracts.
Financial reporting system
Formation of the unified database for identification and analytics of financial information
Tracing and keeping transactions for every individual start-up is one of the most routine tasks in bookkeeping management. Creation of the unified library of identification rules from Quickbooks allowed optimizing tracing financial flows for every specific account. Library Kruze Keeper comprises and is continuously supplemented with rules with assigned key requests ranged by success rate for every separate vendor. The development algorithm of new rules includes an assessment of the availability of similar rights, their rating and other parameters. Kruze Keeper’s development permitted to automate accounting and registration of transactions and significantly reduce the time for their tracing.
Formation of the unified database for identification and analytics of financial information
Technologies
Frontend
Backend
CI
Databases
Integrations
Customer review
