Capital Gains Data API for a Leading Financial Data Provider

Project Overview

Organizations across industries face increasing pressure to reduce procurement costs, improve operational efficiency, and maintain secure vendor relationships without increasing infrastructure complexity. To address this challenge, Virstack developed Proculy, an AI-powered procurement platform designed to streamline procurement operations while supporting scalable deployments and flexible infrastructure models.

Key Challenges Faced

Organizations often rely on fragmented procurement systems and manual workflows that limit efficiency and increase operational costs. The objective was to create a procurement solution capable of:

Key Challenges

Supporting multi-tenant architecture with isolated deployment options
Providing customizable procurement workflows for organizations of different sizes
Maintaining enterprise-grade security and performance across shared and dedicated environments
Reducing infrastructure and licensing costs through a pay-as-you-go model

The challenge was balancing customization, scalability, and cost-efficiency while maintaining performance and a seamless user experience.

Technology Stack

Cloud Infrastructure

Amazon Web Services (AWS)
Frontend
React.js
Backend
Node.js and Python
Architecture

Microservices-based, component-driven

Solution

Virstack developed Proculy, a SaaS-based procurement platform designed to automate and optimize procurement workflows while supporting organizations with varying operational needs.

Key Components

Scalable Multi-Tenant Architecture

Built using a microservices and component-based architecture on AWS to support multiple organizations in a single runtime while maintaining scalability and maintainability.

Flexible Deployment Options

Organizations can operate within shared infrastructure for cost efficiency or deploy dedicated environments for greater control, compliance, and performance.

Pay-As-You-Go Cost Model

Usage-based pricing removes upfront licensing costs and allows organizations to scale their procurement operations while managing expenses.

Custom Procurement Workflows

Dynamic modules allow organizations to configure procurement processes including sourcing, supplier onboarding, vendor management, and invoice automation.

Agile Development and Continuous Delivery

Development followed short sprint cycles, enabling faster deployment, ongoing feature improvements, and adaptability to evolving business requirements.

Results

Proculy enabled organizations to digitize procurement operations and improve transparency across the procurement lifecycle.

50% reduction in manual procurement tasks
30–40% cost savings through optimized workflows and shared infrastructure
Faster vendor response times and reduced procurement cycle durations
A scalable procurement platform capable of supporting growing operational demands