
CompanyWatch is a fintech company that develops data-driven advisory tools for financiers and consultants focused on SMEs. The company was founded in 2016 with the ambition to help entrepreneurs, financiers and advisors spot hidden continuity risks earlier. They do this with a risk-signaling methodology they developed themselves.
- Client: CompanyWatch
- Industry: Financial sector
- Product used: Qlik Sense and Mendix
The result
Hybrid solution
Thanks to the hybrid solution, CompanyWatch gets the best of both Mendix and Qlik. All data entry and navigation through the app happen in Mendix, while calculating and visualizing the data is done in Qlik Sense.
Time savings
• Repetitive, time-consuming tasks are automated • Advisors can get straight to advising • About 200 hours a year are saved per financial advisor on data collection, generating reports and working with Excel • Accountants can spend more billable hours on advice
Financiers market
The application offers many benefits for the financiers market, which includes small banking institutions, intermediary financiers and financial institutions employing financial advisors. With CompanyWatch's application, they can manage their risks more easily.
CompanyWatch gives accountants more time for advisory work
CompanyWatch saw opportunities to further support accountants in giving data-driven advice. It became clear to them that accountants were doing a lot of work that would be fully automated within a few years. This realization sparked the idea for an application to make that possible. Within the application, CompanyWatch wanted to offer various tools and automate a number of processes, so accountants could give clients better and faster advice.
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