Case Study - Organizational Budgeting and Financial Planning | Covalience
Background

Background

A SaaS startup, later acquired by a leading provider of enterprise software solutions, developed a platform designed to streamline budgeting and financial planning for various organizations. Following its initial success, the company aimed to expand the platform’s capabilities to serve multiple departments, with the initial launch targeted at a key division of an organization.
Challenge

Challenge

As the company expanded to serve a wider range of organizations, they worked to enhance their platform to meet the diverse needs of different departments. The focus was on integrating new features while maintaining the system’s reliability and performance to support a broader range of users effectively.
Challenge

Solution

Covalience provided a team of skilled software engineers, QA testers, and project managers to support the ongoing development needs.

Industry

  • HealthTech

Technologies

  • ASP.NET
  • .NET (VB.NET and C#)
  • Vue.js
  • MVC5 framework
  • JSON Web Tokens (JWT)

Implementation

Covalience continued its partnership, enhancing the platform with key modules to improve budgeting and financial planning for organizations.
  • Programming Module: Developed a user-friendly interface that enables departments to track changes to baseline program requirements and maintain a seamless multi-year budget outlook.
  • Budget Execution Module: Built a system to manage budget processes, track relevant actions, create spend plans, and integrate financial data with the organization’s financial management system (FMS).
  • Module Development & Testing: Worked closely with end-users to refine module functionality, ensuring seamless integration of real-time tracking. Conducted rigorous integration and user acceptance testing (UAT) to validate system performance.
  • Training & Continuous Improvement: Provided training sessions and support resources to onboard users efficiently. Established a feedback loop to refine features and ensure the platform continued to evolve based on user needs.

Results

The project successfully delivered a scalable and flexible budgeting tool for departments, yielding the following key outcomes:
  • Improved User Experience: The tool’s enhanced reliability and usability significantly boosted user satisfaction.
  • Expanded Reach: The solution’s adaptability facilitated its deployment across multiple departments, supporting broader organizational goals.
  • Team Growth: To meet the project’s expanding scope, the team grew from 2 to 30 members, ensuring robust support and expertise throughout the process.

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