Case Study

Financial Reports: A SaaS-Based Tool Revolutionizing Company Financial Analysis

The SaaS Based tool revolutionizes the collection and analysis of company financial reports, offering users an efficient and automated solution for accurate financial analysis.


Technologies Stack Used:

Financial Reports Technology Stack


Zlanyk Technologies, a leading IT company, collaborated with a prominent German company formations trader to develop an innovative SaaS product called “Financial Reports.” This case study highlights the successful partnership, the challenges faced by the client, and how Financial Reports effectively solved those challenges. The tool revolutionizes the collection and analysis of company financial reports, offering users an efficient and automated solution for accurate financial analysis.

Client Background:

The German company formations trader operates in the financial sector, providing services to businesses for legal and financial aspects of establishing companies. Their core objective was to assist their clients in making informed investment decisions by analyzing financial reports of various companies. However, the manual process of collecting and analyzing these reports proved to be time-consuming, error-prone, and inefficient.


Zlanyk Technologies employed a comprehensive approach, integrating advanced technologies and industry-standard programming languages. The primary technologies leveraged in this project included PHP, JavaScript (JS), Mapbox, and Artificial Intelligence/Machine Learning (AI/ML) tools such as Tensorflow, Keras, and Python.

1. Time-consuming Manual Process

Collecting financial reports from multiple sources involved significant manual effort, including searching for reports, downloading PDF files, and manually extracting relevant data. This process consumed valuable time and resources.

2. Data Inaccuracy and Inconsistency

The manual extraction and parsing of financial data often led to errors and inconsistencies, compromising the accuracy of the analysis. Inaccurate or incomplete information hindered reliable decision-making.

3. Limited Access to Comprehensive Data

Gathering reports from different sources, such as company websites and the U.S. Securities and Exchange Commission (SEC), posed challenges. Additionally, accessing comprehensive financial data required significant effort, as different sources presented data in different formats.

Solution: Financial Reports

Zlanyk Technologies developed Financial Reports as a comprehensive solution to address the challenges faced by the German company formations trader. The tool offered the following key features:

1. Automated Data Collection

Financial Reports automates the process of collecting financial reports by fetching data from multiple sources. It intelligently searches and retrieves investor relations reports from company websites, regulatory bodies, and SEC filings. Users can effortlessly add companies to their watchlist, and the application automatically retrieves the latest reports.

2. PDF Parsing and Data Extraction

The tool employed advanced PDF parsing techniques, using libraries such as PDFMiner and Apache PDFBox, to extract relevant financial data from PDF reports. This eliminated the need for manual data entry and significantly reduced the chances of errors and inconsistencies.

3. API Integrations for Data Enrichment

Financial Reports integrated with external APIs, such as the U.S. SEC API and reputable financial data providers, to enrich the financial data available for analysis. This integration provided users with comprehensive and up-to-date financial information from reliable sources.

4. Data Management and Storage

The tool utilized a robust database system, such as PostgreSQL or MongoDB, to store and manage collected financial data. Additionally, cloud storage services like Amazon S3 or Google Cloud Storage were employed to store and retrieve PDF files and related documents, ensuring secure and easily accessible data storage.

5. User-Friendly Interface and Analysis Tools

Financial Reports featured a user-friendly interface that allowed users to analyze collected financial data efficiently. The tool provided visualization capabilities, customizable dashboards, and reporting features to aid in effective data interpretation and decision-making.

Results and Achievements:

Zlanyk Technologies successfully delivered a robust mapping platform for the SAARC Energy Commission, resulting in the following achievements:

1. Time and Resource Savings

The automated data collection and parsing functionalities drastically reduced the time and effort required to gather financial reports. Users could focus more on analysis and decision-making rather than tedious manual tasks.

2. Improved Accuracy and Consistency

The automated extraction and parsing of financial data ensured data accuracy and consistency. The reduction in manual errors enhanced the reliability of financial analysis and decision-making processes.

3. Access to Comprehensive Data

Financial Reports provided users with access to a wide range of financial reports from various sources. This comprehensive data set facilitated better-informed investment decisions, enabling users to assess the financial health and performance of companies accurately.

4. Enhanced Efficiency in Analysis

The user-friendly interface, coupled with visualization capabilities and customizable dashboards, empowered users to perform efficient financial analysis. Decision-makers could quickly identify trends, compare company performance, and make informed investment choices.


Zlanyk Technologies successfully collaborated with a prominent German company formations trader to develop Financial Reports, a powerful SaaS-based tool that streamlined the collection and analysis of company financial reports. By automating data collection, employing PDF parsing and extraction techniques, integrating with external APIs, and providing comprehensive data management capabilities, Financial Reports revolutionized the financial analysis process. The tool’s implementation resolved the challenges faced by the client, resulting in improved efficiency, accuracy, and informed decision-making. This collaboration demonstrates Zlanyk Technologies’ commitment to delivering innovative software solutions that drive operational excellence in the financial sector.

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