Finovia AI Financial Forecasting Application

Client Overview

Finovia is an AI-driven financial technology platform dedicated to transforming the way businesses manage forecasting and accounting. Its mission is to empower companies with intelligent, real-time insights that drive smarter financial decisions.

Founded to address inefficiencies in traditional financial planning, Finovia leverages cutting-edge AI and machine learning to deliver accurate forecasting, streamlined cost management, and automated reporting. The platform bridges the gap between advanced technology and practical financial needs making powerful forecasting tools accessible, actionable, and impactful for businesses of all sizes.

The Challenge

Modern businesses face persistent challenges when it comes to financial forecasting and accounting:

• Traditional planning methods are manual, time-consuming, and prone to errors, often resulting in unreliable projections.
• Companies struggle to consolidate diverse data sources and adapt to dynamic market shifts.
• Insights are often delayed, leading to missed opportunities and inefficient allocation of resources.
• Regulatory compliance and data security requirements add complexity, while finance teams are under pressure to deliver faster, more accurate reporting.

Finovia set out to solve these problems by building a solution that automated forecasting, delivered real-time analytics, and simplified decision-making without compromising on accuracy, scalability, or security.

Our Approach

We collaborated closely with Finovia’s stakeholders to deeply understand their requirements and industry challenges. The goal was to build a robust AI-powered platform that:

• Consolidated financial data from multiple sources.
• Delivered real-time, AI-driven forecasting and budgeting.
• Enabled decision-makers to identify risks and opportunities earlier.
• Automated repetitive accounting tasks while ensuring compliance and security.
• Scaled seamlessly as businesses grew.

Through iterative design, advanced machine learning models, and a cloud-native architecture, we crafted a solution that redefined how businesses approach financial planning.

The Solution

Finovia’s platform was developed as an AI-powered financial forecasting and accounting solution that automates complex processes and equips businesses with actionable insights.

Key capabilities included:

• Financial Prediction Engine: Using historical data, the AI model forecasts revenue, EBITDA, EBIT, expenses, and operational profit trends for future years.
• Dynamic Dashboards: Real-time visualization of key metrics, cash flow monitoring, and budgeting performance.
• Automated Accounting: Reduction of manual work and errors through automated reconciliations, reporting, and compliance checks.
• AI Alerts: Notifications for potential risks or opportunities based on predictive modelling.

The result was a solution that turned financial guesswork into data-driven confidence.

Project Description & Key Deliverables

Platform Features

• Forecasts revenue, operational profit, EBITDA, EBIT, and expenses.
• Provides customizable, user-defined forecasting scenarios.
• Enables decision-makers to understand future financial trend lines while holding constant unknown risk factors.

Technologies Used

• Frontend: Angular 19 for responsive, scalable UI.
• Backend: Node.js for secure and high-performance services.
• Database: MongoDB for flexible, scalable data handling.
• AI Model: Custom prediction engine in Python (Prediction_model.py).
• Containerization & Orchestration: Docker + Kubernetes (AWS EKS).
• Cloud Infrastructure: AWS EC2 / EKS / ECR for hosting and deployment.
• Monitoring & Performance: Prometheus + Grafana dashboards.
• Traffic Management: AWS Application Load Balancer for service routing.

Service Type

• Fixed-cost project delivery: We aligned a dedicated engineering team to deliver the solution on time, with complete ownership from requirements to deployment.

Major Deliverables

1. Scalable Architecture: Delivered a simplified yet robust monolithic architecture suited to client needs.
2. Enhanced User Experience: Mobile-first, intuitive design with streamlined navigation.
3. Performance Optimization: CDN integration and lazy loading reduced latency.
4. Third-Party Integrations: Payment gateways, accounting APIs, and analytics tools.
5. Security Enhancements: SSL encryption, secure API endpoints, and encrypted financial data for compliance with industry standards.

Results & Client Satisfaction

• Performance: Platform load times reduced by 45%, improving user engagement during peak usage.
• Productivity: Achieved a 30% increase in accountant productivity through automation.
• Scalability: Seamlessly handled a 200% increase in payouts, including scheduling of over 1,000 concurrent payouts.
• Trust & Partnership: The successful delivery and reliability of the system positioned us as a long-term partner of choice for Finovia.

Conclusion

Finovia has successfully redefined financial forecasting and accounting through AI-driven automation, scalability, and real-time insights. By simplifying complex financial processes and enhancing accuracy, the platform empowers businesses to make confident, data-backed decisions at scale. This project not only transformed Finovia’s offering but also strengthened our role as their permanent technology partner helping them deliver smarter, faster, and more secure financial operations to clients across industries and global markets.