As you embark on the journey of app development as a startup, your vision holds tremendous promise. However, transforming that vision into a viable product demands a strategic approach that resonates with investors and stakeholders alike.

In the startup landscape, the initial step often involves crafting a Minimum Viable Product (MVP) followed by iterative refinement. Yet, in today’s dynamic market, efficiency and speed to market are paramount.

Thus, your endeavor requires a solution that expedites development while encompassing essential functionalities from inception.

As a product, you will probably need it to be multi-tenant and subscription-based out of the box. In the subscription, you will probably need tiers, products, prices, invoices, collections, late collections, offboarding (slow deactivation), payments, refunds, and reminders, to name a few.

For multi-tenant, you will need it as part of the underlying fabric that underpins your entire application. Every microservice you create will need to “know” about which tenant it is operating under. This needs to be supported at the base level by a Security Service and Configuration Service.

Your security Service would then need to cater for Integrated Authentication with the standard mechanism like Azure AD B2C or Google ID, and then for authorization would need to cater for RBAC, ABAC, and Operation-on-Resource, all whilst maintaining the multi-tenancy. You will also need to cater for arbitrarily nested groupings of each of the above resources as your app evolves.

Your configuration service needs to be multi-tenant out of the box and centrally store both your application and user config, as well as that of your clients, and theirs. It also needs to handle ubiquitous conversion to and from standard industry formats.

Your data will need a full audit trail as both client and regulator requirements will ultimately fall at your doorstep. You will need to have a data lineage fabric underpinning your product from the get-go. You will need a DocStore with full audit and security, a Data Query service for your clients’ reporting needs, and possibly a KeyStore to ensure sensitive data is stored out of the domain.

You may need to provide your clients with API/Integration capabilities in case they want to automate or interact with your app. This needs to be made available out of the box, and with the latest security considerations in mind.

Now you will need to think about your business processes at various levels. Each of these levels will need to be done with scalability, redundancy, and cost in mind. At the lowest level, you will need to implement a DataFlow to take data over a graph in a serverless environment. At the intermediate level, you will need to implement workflows that can make decisions and fallback plans. At the next level up you will need process flows which will interact with AI and Humans to decide on the next steps. All of these will need to be scheduled or event-driven.

Moving up to the business level now, you will need some sort of CRM and/or Practice management capabilities. This will include Approval Flows to show Compliance and Audit trails. You will also need a “Task Manager” and Task builder to let your client design their task types and forms, allowing you to scale up from a staff perspective.

From a domain perspective, you may need financial data management in the form of

  • Financial Data Aggregation
  • Collections (DebiChecks etc)
  • Mult-Asset processing
  • Journals/Ledger creation and validation
  • Cashflow management
  • Benefits
  • Claims
  • Credit Applications
  • Blockchain Management
  • Crypto
  • Identity Management

You will notice that in all of the above text, we have not mentioned your app’s business application logic once. These are all the things you will need to add to your new application before you start on your client’s needs.

Now what if you could hit the ground running with all the above available out of the box on day one? All of the dashboards for monitoring, support, and administration already there. All of the expertise baked in, to help you focus on your APP. How much time and money will you save? And what if all of this was entirely FREE, even commercially, until you hit a certain revenue target?