Valuation & Analysis Handling System (Fintech / Proptech)
Services Covered:

Industry
Real Estate
Duration
8 months
Budget
50K - 199K
Start Date
1 December 2020
Team Size
6-10
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
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
Web
Tech Stack
JavaScript
Client Endorsement
Overall Review Rating
5
5 out of 5 stars
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.”
Note: This endorsement is based on publicly available client feedback from external review sources.
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