Update of financial accounting systems
#Fintech #.Net Core #React #Syncfusion #MS Project Server #Finance
Project definition
Location
Client
Project type
Industry
Service list
Back-end Development
Team size
M-Size (4–8 engineers)
Budget
$50,000 – $250,000
Task
The client is one of the largest pharmaceutical companies in the world. During the pandemic and the explosive growth of all key indicators, the company clearly faced the need to improve its financial accounting systems. Our specialists were invited by one of the main contractors to strengthen expertise in the backend direction. The client set very strict requirements regarding the approval of all innovations, technologies, and technical solutions. For our team, this became invaluable practice in justifying our business solutions by providing various statistical calculations and formulas
Solution
Despite the extremely tight deadlines and nearly impossible timeframes, the team successfully completed all assigned tasks. The client specifically acknowledged the stress resistance and productivity of the FTECH-IT team under the pressure of strict deadlines and the constantly growing number of requirements
Impact
The backend modernization of the financial accounting system delivered immediate and measurable ROI, enabling the pharmaceutical leader to manage its explosive growth effectively. The new system reduced project approval times by 30% and provided complete spending visibility across hundreds of active projects. By replacing legacy code with a modern, scalable architecture, the client achieved a 25% reduction in maintenance costs and established a more reliable foundation for financial reporting, all while meeting critical deadlines to ensure uninterrupted global operations
💡 This is an AI-CORE project
💡 This is an AI-powered project
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Fast and on time
Within tight deadlines, the team successfully completed the assigned tasks without missing any deadlines
New functionality
Improvement of the application functionality, old legacy code was rewritten, and new features were added
Development Process
We developed and configured a suite of applications based on Microsoft Project Server to support project and cost management across the client’s enterprise network. The custom business logic was implemented with .NET Core and React, using Syncfusion components to meet the client’s request for dynamic data visualization. Our team also reworked outdated modules into modern, fault-tolerant solutions while integrating advanced analytics and reporting features. Despite strict compliance requirements and limited timelines, the project was delivered on schedule, demonstrating both resilience and technical excellence
Technologies
Update of financial accounting systems
Update of financial accounting systems for one of the largest pharmaceutical companies in the world
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