Corporate Financial Software Development
ScienceSoft offers end-to-end financial application development services to help companies from 30+ industries design and build reliable financial solutions that digitally transform and improve their financial processes.
Financial software development services are used to launch different types of financial solutions that streamline financial management processes, increase financial data visibility, accuracy and security.
Financial accounting and reporting
- Automated aggregation and reconciliation of financial data.
- Intelligent processing of paper and digital financial documents.
- Automated calculation of revenue, expenses, payroll, employee expense reimbursement amount, asset depreciation amount, and more.
- Rule-based financial transaction recording in the general ledger, A/R and A/P ledgers.
- Template-based creation of financial reports.
- Multi-entity, multi-currency, multi-book financial accounting.
- Scalable cloud storage for financial documents.
Value: reduced manual tasks of accountants, improvement in bookkeeping and financial reporting accuracy, full visibility into enterprise-wide accounting transactions.
Compliance management
Revenue management
- Real-time revenue calculation and tracking.
- Rule-based contract revenue allocation.
- Automated revenue recognition according to the up-to-date accounting standards.
- AI-enabled revenue analysis and forecasting.
Tax management
- Automated tax calculation based on predefined tax rates, including region-specific taxes.
- Automated tax filing.
- Scheduled tax payment.
Value: more accurate tax and revenue reporting, simplified compliance with global, country- and industry-specific regulations.
Financial planning and analysis
- Automated financial data consolidation from relevant sources.
- AI-powered financial data analysis and forecasting.
- Analytics-based financial planning.
- Scenario modeling and what-if analysis for financial and strategic transactions.
- Template-based budget creation at the enterprise, department, multi-entity level.
- Real-time financial performance monitoring and variance analysis.
Value: streamlined financial planning and analysis, more accurate financial forecasting, improved decision-making on financial and strategic activities.
Treasury management
- Real-time monitoring of cash flow, liquidity, working capital, transactions on investment, financing, hedging activities.
- Automated reconciliation of cash transactions and cash positioning.
- Multi-entity payment management via in-house banking.
- Debt and investment management.
- Financial risk management.
- AI-powered financial analysis to forecast cash flow, liquidity, gains and losses on investing and financing activities.
Value: enhanced visibility across financial transactions, improved liquidity planning and control, minimized idle cash, reduced liquidity and credit risks.
Billing and invoicing
- Automated calculation of due amounts.
- Automated invoice generation and submission to customers.
- Multi-department invoice approval.
- Real-time tracking of invoice status (sent, received, paid, open, etc.).
- Automated payment processing.
- Dunning management.
- Customer self-service portal.
Value: quicker and more accurate invoicing, faster receiving of payments, reduced revenue leakage.
Pricing management
- AI-powered analysis and optimization of product prices and pricing strategies.
- Automated price calculation based on a user-defined pricing strategy.
- User-defined price segmentation rules.
- Template-based price list creation.
- Real-time monitoring of competitors’ prices and stock availability across relevant public sources.
- AI-enabled dynamic pricing.
Value: faster price calculation and updating across selling channels, more competitive pricing, increased profit margin.
Project accounting
- Analytics-based project cost estimation.
- Template-based creation of project budgets.
- Real-time project cost tracking.
- Automated allocation of actual project costs based on the pre-defined costing method.
- AI-powered forecasting of project cost performance.
Value: streamlined planning, control and analysis of project costs.
Power Financial Workflows with Robust Software
ScienceSoft’s team is ready to design and build:
- A targeted financial application and integrate it with your existing software ecosystem.
- An all-encompassing enterprise financial system.
Key Benefits of Corporate Financial Software by ScienceSoft
- Since 1989 in IT with 700+ employees on board.
- Since 2007 in custom financial software development.
- Expertise in advanced techs, including data science, AI and ML, BI, big data, blockchain.
- 19 years in cybersecurity to ensure world-class protection of financial software and sensitive financial data.
- In-house compliance experts with 5-20 years of experience to ensure financial software compliance with global, industry- and region-specific regulations.
- Quality-first approach based on a mature ISO 9001-certified quality management system.
- Robust security management supported by an ISO 27001 certificate.
The Financial Times Includes ScienceSoft USA Corporation in the List of Americas’ Fastest-Growing Companies 2022
ScienceSoft is one of 500 companies with the highest compound annual growth rate in revenue. This achievement is a result of our unfailing commitment to provide high-quality IT services and find best-value solutions to clients' needs.

Perks of Financial Software Development with ScienceSoft
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Optimized cost of financial software implementation
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Modern software architectureScienceSoft employs a microservices-based architecture to ensure the financial solution’s flexibility to evolve with new features as new business needs arise. To develop and deploy the financial solution faster and provide its high scalability at minimized cost, we rely on cloud-native serverless functions. |
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Bringing business value with advanced technologiesTo deliver additional value across finance workflows for our customers, we power financial software with cutting-edge technologies, including:
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Technologies & Tools We Use
Back-end programming languages
Projects
Our .NET developers can build sustainable and high-performing apps up to 2x faster due to outstanding .NET proficiency and high productivity.
Projects
ScienceSoft's Java developers build secure, resilient and efficient cloud-native and cloud-only software of any complexity and successfully modernize legacy software solutions.
Projects
ScienceSoft's Python developers and data scientists excel at building general-purpose Python apps, big data and IoT platforms, AI and ML-based apps, and BI solutions.
ScienceSoft delivers cloud-native, real-time web and mobile apps, web servers, and custom APIs ~1.5–2x faster than other software developers.
Projects
ScienceSoft's PHP developers helped to build Viber. Their recent projects: an IoT fleet management solution used by 2,000+ corporate clients and an award-winning remote patient monitoring solution.
ScienceSoft's developers use Go to build robust cloud-native, microservices-based applications that leverage advanced techs — IoT, big data, AI, ML, blockchain.
Front-end programming languages
JavaScript frameworks
ScienceSoft leverages code reusability Angular is notable for to create large-scale apps. We chose Angular for a banking app with 3M+ users.
ScienceSoft achieves 20–50% faster React development and 50–90% fewer front-end performance issues due to smart implementation of reusable components and strict adherence to coding best practices.
Mobile
Projects
ScienceSoft’s achieves 20–50% cost reduction for iOS projects due to excellent self-management and Agile skills of the team. The quality is never compromised — our iOS apps are highly rated.
Projects
There are award-winning Android apps in ScienceSoft’s portfolio. Among the most prominent projects is the 5-year-long development of Viber, a messaging and VoIP app for 1.8B users.
Projects
ScienceSoft cuts the cost of mobile projects twice by building functional and user-friendly cross-platform apps with Xamarin.
Projects
ScienceSoft reduces up to 50% of project costs and time by creating cross-platform apps that run smoothly on web, Android and iOS.
Desktop
ScienceSoft's C++ developers created the desktop version of Viber and an award-winning imaging application for a global leader in image processing.
ScienceSoft uses Qt to create cost-effective, sophisticated software with intuitive UI for image analysis, image and video processing, IoT, VR/AR apps.
Projects
Our C# developers created the world’s largest PLM software. Their recent projects: development of SaaS for vCIO services management and underwriting software for a global aviation insurer.
Projects
ScienceSoft's Python developers and data scientists excel at building general-purpose Python apps, big data and IoT platforms, AI and ML-based apps, and BI solutions.
Platforms
Projects
A certified Microsoft partner, ScienceSoft creates CRM and ERP solutions powered by Dynamics 365 and optimizes most effectively a range of business operations.
Projects
ScienceSoft achieves at least 20% increase in sales and 30% improvement in case resolution with well-thought-out and business-tailored Salesforce solutions.
Projects
A certified Adobe Solution Partner, ScienceSoft builds on robust functionality of Adobe Commerce to create highly automated and scalable ecommerce solutions.
Projects
Solid expertise in SharePoint services has earned ScienceSoft a place in Clutch’s list of Top SharePoint Developers in 2023.
A certified ServiceNow partner, ScienceSoft offers a proprietary 4-level implementation model that helps deliver the best value from ServiceNow adoption.
ScienceSoft sets up Power BI to process data from any source and report on data findings in a user-friendly format.
End-to-end financial software development
We design and build targeted and full-featured financial solutions tailored to your business-specific requirements to help you digitally transform your corporate finance with the help of mature technologies.
The service covers:
- Analysis of your financial needs.
- Proof of Concept development (optional).
- Solution architecture design, UX and UI design.
- Preparing the solution implementation plan, including cost & time estimates.
- Financial software development (from scratch or platform-based).
- Solution integration with existing business-critical systems.
- Quality assurance.
- Data migration from currently used systems or spreadsheets.
- User training.
- Continuous support and evolution (if required).
Financial software modernization
We re-design and re-engineer the financial application you currently use, migrate the solution to the cloud, implement new functional modules to help you generate new value with legacy software.
The service covers:
- Financial software modernization needs analysis.
- Audit of current solution functionality.
- Solution architecture re-design, code re-design, UX and UI re-design and/or design of new functional modules.
- Preparing the modernization plan (the implementation plan for new modules, the cloud migration plan, the code restore plan, etc.), including cost & time estimates.
- Development of new financial software modules, or application migration to the cloud, or software code re-engineering.
Optionally:
- Quality assurance.
- User training.
- Maintenance and support.
All about Financial Management
Financial Management Solutions
Invoicing Solutions