Cost Optimization & Staying Ahead with Predictive Analytics

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Overview

Gain a competitive edge by cutting costs with predictive analytics. See how a FinTech startup reduced expenses, enforced policies & improved visibility.

At A Glance

Industry

FinTech

Region

USA

Duration

8 Weeks

Technical Stack

Node.js

Angular

Power BI

MySQL

AWS

Client Profile

USA based startup providing financial solutions to global organizations to manage and monitor various financial activities in a very high collaborative environment.

Challenge

Due to remote and hybrid work environment submitting expense manually was a challenge and time consuming task leading big turnaround time for expense approval and reimbursement
Verifying all expenses manually against compliance and company policy always has chances of human error
Getting real time view of spending per employee and per department is always a challenge in creating budget and business planning

Interactive platform dashboard showcasing predictive analytics interface for cost reduction and business optimization

Solution

Seaflux designed scalable and modular architecture using latest technology stack and following best practices
System was designed with easy access on web, tablet and mobile platform so users can use system easily on the go
Integration with PowerBI for generating real time report having transparent view on expenses
Policy configuration to avoid duplicates and system check for compliance and company policy
Insights from reports generated using past data helps management to make planning and budgeting for future business

Key Benefits

Employee reimbursement turnaround time reduced by 60%
80% improvement in enforcing company expense policy and compliance
Improved visibility using real time reporting

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