Design to Dev-ops of a dynamic Online quotation management system

End-to-end development and implementation of a smart, dynamic system for improved and optimal investment decision-making

Project Overview and Objective: The finance department of the concerned state government agency had a daily surplus of funds which would remain idle.The project aimed to revolutionize the decision-making process for strategic investments of daily surplus funds.

Challenge: Creating a dynamic, secure and transparent system which would enable the department to invest their funds and enhance their revenue daily.

Our Solution: Arceus designed an advanced Online Quotation System for the finance department. Each day, the surplus amount of funds was communicated to participating banks on the system, who then quoted their most competitive interest rate across various slabs and tenures. The system also equipped the finance department with tools to devise an optimal investment strategy based on the most favourable rates submitted by banks.  A robust maker checker system helped minimize errors and enhance reliability. Advanced reporting systems such as MIS and dashboards enabled transparency in processes and facilitated accurate record keeping and documentation.

Key system features included:

Key Outcomes and Benefits: This platform enhanced participation and ensured unprecedented transparency, empowering participating banks and fostering more informed financial decisions.Real-time dashboarding, system agility, automated communication, seamless document management, effortless updates and secure and role-based access were key features which helped streamlineand optimize the investment making process.