FinTech Modernization and SaaS Development Case Study

Client Story

One of our clients in Jamaica in the FinTech industry had a payroll and accounting product that was popular in Jamaica and the countries around it. The products were built before several years using legacy development tools & technologies and was in form of desktop application, and then web application in asp.net web forms using version 1.1.

Business Case

In 2020, The client discovered an opportunity to work on project for the finance and accounting industry company who had the payroll management product. The company wanted to migrate it to a modern, cloud-based web application and also convert it into a SaaS.

Being a highly experienced SaaS development company having proven track record in legacy software modernization, client shortlisted us as their development partners.

Challenges

When it comes to legacy software, most projects ends up with the same challenges. This project also had similar challenges:

Limited people and support from existing team who built the current product.
No documentation, no one to answer questions from the technical team, and majority of the tech stack is deprecated, third party integrations and components are no longer available.

Full legacy product source code was available without much of the documentation.

Solutions

We took strategic approach and conducted a through code audit to understand the size, complexity, and quality of the code. We prepared list of all the major modules, features under it, and key deliverables and acceptance criteria of each feature. Provided code audit with the project plan, scope of work, and estimated timelines to the client.

After approval of the project, we worked on Proof of concept and researches on the critical features of the project like crystal reports.

Results

Facile Technolab successfully delivered all sprints of phase 1 of the project that included notable features like:

Must-have saas features like Company registration, user management, role and permission management, login, forget password, reset password.
Employee management, payroll configuration, and ability to generate payroll for full time employees as per their leaves, and other configurations.
Migration of the crystal report to the data report.
Integration with cloud storage services to store employee documents with secure access.

Client paused the further development of the project due to issues at their end.

Technologies & Tools

Angular DotNET Core Microsoft Azure DotNET Core and Angular

Services

SaaS Development Cloud Application Development Cloud Migration Software Modernization

Client Feedback

" Facile Technolab Pvt Ltd has completed some of the deliverables, which please the client. They are always understanding and available to coordinate the project. Moreover, they follow agile methodology, which impresses the client the most. "