Finance Software Projects: Boost Performance & Cut Costs
Reliable, Fast & Future-Proof Finance Software Development
Outdated Finance Software Slowed Growth
A financial services company managing complex investment portfolios and subject to strict regulatory requirements faced challenges with its core finance software. The outdated solution was crucial for managing financial transactions and project finance software processes but struggled with performance bottlenecks and high operating costs. The backend relied on an older version of Node.js, while Oracle database licensing costs restricted scalability. These issues increased security risks and maintenance efforts, ultimately slowing financial management project workflows.
Objective: Modern Finance Software Development for Stability & Growth
The goal was to modernize the custom financial software development solution without disrupting ongoing operations, while preserving existing integrations with finance platforms like Unit4. The project focused on:
- Frontend Enhancement: Updating React Components While the finance software used React, it operated on an outdated version. We upgraded the affected modules and UI components to the latest React version, enhancing performance, stability, and laying the foundation for future development.
- Backend Migration to TypeScript: The backend previously ran on vanilla JavaScript, which posed risks in complex financial calculations. We migrated the codebase to TypeScript, alongside updating Node.js and switching to pnpm for dependency management. This improved stability, reduced errors, and streamlined future finance software development.
- Database Migration: Oracle to MSSQL To reduce costs and improve performance, we transitioned from Oracle to Microsoft SQL Server (MSSQL). This migration led to lower licensing costs and improved compatibility with the company's Microsoft infrastructure, enabling greater scalability for finance software projects.
- Test Environment Setup To enable safe deployment of future updates and extensions, we established a dedicated testing environment. This mirrors production systems and allows for the evaluation of new features or changes in finance management projects without business disruption.
Conclusion: Future-Proof Your Finance Software Projects with prokodo
This finance software project showcases the power of targeted software modernization: reducing costs, improving performance, and increasing system stability. Businesses operating in financial management projects benefit from custom financial software development designed to evolve with their needs.
| Metric | Before | After |
|---|---|---|
| Performance | Slow transaction processing, delays during month-end closing | Significantly faster transactions and reporting processes |
| License Costs | High Oracle database licensing costs | Lower costs after migrating to MSSQL |
| Software Stability | Frequent bugs and system crashes | Improved stability through TypeScript and Node.js upgrade |
| Development Efficiency | High maintenance effort due to legacy code | Faster development and easier maintenance with modern tech stack |
| Update Security | Risk of failures during software updates | Safe testing of updates in a dedicated test environment |
Why Choose prokodo for Finance Software Development
For over 15 years, we have successfully executed finance software projects, from automating accounting processes to optimizing custom financial software development for investment management firms. Stability, efficiency, and scalability are at the core of every financial management project we deliver.
Our expert team handles every phase of finance software development, from modernization and custom development to systems integration. Complex finance system upgrades and cost-efficient database migrations are our specialty.
Our Expertise at a Glance:
- Custom Financial Software Development: Tailored solutions optimizing finance software projects and streamlining financial management.
- Legacy Software Modernization: Replacing outdated finance platforms with cutting-edge solutions.
- Technology Upgrades: Migration to TypeScript, React, and Node.js to future-proof financial systems.
- Database Optimization: Transitioning from Oracle to MSSQL or other systems to reduce licensing costs.
- Testing Environments: Creating test systems for secure software deployment in financial management projects.
Our mission: Future-ready finance software development that grows with your business.
