Toptal reduces financial startup’s allocation time from weeks to under an hour.
A financial technology startup turned to Toptal to revolutionize its cost accounting with a sophisticated calculation engine, improving profitability analysis amidst significant challenges.
Client
A U.S.-based fintech firm providing analytics tools that support profitability insights and cost reporting.
Revenue
Industry
Financial ServicesDelivered Services
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Developing a tiered cost accounting platform required a complex calculation engine capable of functioning across various contexts, and past efforts highlighted the need for an efficient solution to overcome lengthy manual processes.
Solution
Technical Expertise Utilized
Toptal’s team leveraged Azure SQL, ASP.Net, and Power BI to build an ASP.Net application integrated with a structured Azure SQL database, which offered versatility for managing diverse business scenarios.
Process Optimization Strategy
Toptal developed a calculation engine that structured dimensional data, facilitating efficient workflows and enabling practical hands-on access for junior analysts.
Outcome
Improved Time Allocation
The project’s implementation successfully reduced cost allocation time from weeks to under an hour, streamlining operations and significantly boosting the startup’s profitability analysis capabilities.
Lasting Business Impact
The sophisticated tool provided by Toptal equipped the startup with adaptable technology, enriching the talent pool and boosting its competitive edge in the market.
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