endorsedCompleted

Valuation & Analysis Handling System (Fintech / Proptech)

Services Covered:

Custom Software Development • API Development • Application Integration

Industry

Real Estate

Duration

8 months

Budget

50K - 199K

Start Date

1 December 2020

Team Size

6-10 Employees

Engagement Model

Onshore

Project Capability Score (PCS)

69/100

Good

Project Capability Score (PCS) estimates how capable Neoteric is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Cenatorium

Warsaw, Poland

Project Summary

Cenatorium partnered with Neoteric to automate and replace Excel-driven valuation workflows by building a web application that intermediates between banks and appraisers. Work included defining user stories and wireframes, building an MVP with a backend integrated to an external API and a front end to handle orders. The delivered system operated productively, processing over 1,000 valuation orders within six months and was implemented within the project budget.

Key Challenges

Automate Excel-based valuation workflows to speed up order processing
Build an application to act as an intermediary between banks and appraisers
Integrate with an external API to support order handling and data exchange

Project Deliverables

Functional requirements and user stories with acceptance criteria
Wireframes
MVP including backend integrated with external API
Front-end application for handling orders and interacting with appraisers
Productive valuation system deployed and operating

Project Solution

Neoteric delivered the product in phased work: defining functional requirements and wireframes, then building an MVP that included a backend layer integrated with an external company's API and a front-end application for handling orders and interactions with property appraisers. The team conducted the work across parallel tasks to ensure API connectivity while developing the front end and coordinated using JIRA and Slack. The vendor staffed a 7-10 person team covering full-stack JavaScript developers, backend and leadership roles.

Project Outcome

System operated productively and processed over 1,000 detailed real estate valuation orders in six months
Implementation completed within the assumed budget despite external delays
Effective communication and project management using JIRA and Slack

Platforms

Tech Stack

JavaScript

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Thanks to the diligence of the Neoteric team, the company was able to successfully complete the project within budget despite the delay caused by late documents that came from a third-party company. The team helped the company complete over 1000 detailed real estate valuation orders.”
Jarosław Wojtyra
Sr IT Project Manager & Product Owner
Date: 12/20/2021