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Streamlined Filing Platform for Dormant and Active Companies with API Integration
  1. case
  2. Streamlined Filing Platform for Dormant and Active Companies with API Integration

Streamlined Filing Platform for Dormant and Active Companies with API Integration

th-ey.com
Business services
Legal
Financial services

Challenges Faced in Corporate Filing Processes for Different Company Types

The client faces complexity and inefficiency in the filing process due to existing services being tailored primarily for active companies, resulting in complicated forms and manual data entry. Dormant companies require a simplified, minimal-form process that pulls data directly from government APIs, reducing time and cost, but current solutions lack automation and integration capabilities, leading to delays and increased operational costs.

About the Client

A mid-sized firm specializing in corporate compliance services, offering online filing solutions for companies of various statuses, seeking to simplify the process of submitting annual filings through automation and API integrations.

Goals for Developing an Efficient Online Filing Solution

  • Design and implement a web-based platform enabling effortless filing of dormant and active company accounts.
  • Automate data retrieval from government APIs to pre-fill forms, minimizing manual input and errors.
  • Reduce filing time for dormant companies to within minutes, at a fraction of the cost of traditional accountant services.
  • Ensure system reliability, security, and scalability to support real-time filings for a growing client base.

Core Functional Specifications for the Corporate Filing Platform

  • Minimal form interface for dormant company filings, reducing complexity.
  • Real-time integration with government company registration and filing APIs to pull existing company data.
  • Automatic population of filing forms based on fetched data.
  • Secure online payment processing for filing fees, integrated via a payment gateway.
  • User account management with secure authentication and document history tracking.
  • Admin dashboard for overseeing filings, troubleshooting API issues, and managing user accounts.
  • Notification system for filing confirmations and deadlines.

Preferred Technology Stack and Architectural Approach

React.js for front-end development
Serverless backend architecture utilizing AWS Lambda functions
AWS DynamoDB for nonrelational data storage
RESTful API integrations with government API endpoints
Secure payment processing through a trusted gateway

Essential External System Integrations

  • Government company registration and filing APIs for automated data retrieval
  • Payment gateway APIs (e.g., Stripe or similar) for processing fees
  • Authentication service providers for user login and security

Key Non-Functional System Requirements

  • System should support at least 100,000 concurrent filings without performance degradation.
  • Highly available infrastructure with 99.9% uptime.
  • Data security compliant with applicable regulations, including encrypted data transmission and storage.
  • Fast response times, with form loading and submission within 2 seconds.
  • Scalable backend architecture to accommodate future feature expansions.

Projected Business Benefits and Efficiency Gains

The new platform aims to enable companies to complete dormant account filings within minutes, significantly reducing operational costs by offering a low-cost alternative to traditional accountant services. This streamlined process is expected to increase user satisfaction, improve compliance rates, and support the client's growth by automating data handling and minimizing manual effort.

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