About Client
Our client is a leading non-banking finance firm in the UK, who offers financial solutions to customers through eCommerce and Omni-channel retail partners with a high-end network of 300+ retailers and 10,000+ end-users.
Business Requirement
The client followed a process that included the tedious management of millions of payments daily. The existing system consisted of complex payment scenarios that resulted in payment failure & late payment penalties. The organization faced financial reconciliation pitfalls starting from the general ledger to balance sheet account, bank, credit card, cash, & inventory, etc.
Our solution
- Developed a secure accounting & finance solution that maintains complete accounting activities digitally
- Designed a comprehensive module to manage overall accounting and debt control recovery
- Implemented a hassle-free payment collection process with a secure payment gateway extension and API proceed
- Implemented a powerful decision engine to automate credit decision making
- Well-managed customer service desk for automatic updates to customers
Tools & Technologies
FRONTEND TECHNOLOGIES: Angular, Jasmine & Karma, Google Analytics, Webpack, gulp.js, Web pack
BACKEND TECHNOLOGIES: Magento, WordPress, Shopify, Laravel, WooCommerce, CodeIgniter, Craft Commerce
DATABASE: MongoDB, MySQL
TESTING TOOL: Test Link, Katalon
PROJECT MANAGEMENT TOOL: Jira, Code Management Tool, Bitbucket
Business Outcomes
- 100000+ active users of the solution
- 5000+ transactions processed per day
- 96% accurate credit result
- 99% fraud prevention
