The Challenge
Managing manual transfers across multiple accounts is error-prone and time-consuming. Businesses need a way to ensure tax, payroll, and inventory reserves are always funded without manual intervention, while maintaining a strict $200 minimum buffer in operating accounts.
Our Approach & Solution
We built a robust MEAN stack application that integrates with Plaid for secure bank connections. The core engine applies complex allocation rules (percentages + minimum balances) and schedules daily transfers at 5 PM local time, accounting for public holidays.
Key Technical Deliverables
- Secure bank linking & transfers via Plaid
- Customizable allocation rules (Saving, Payroll, Taxes, etc.)
- Daily 5 PM scheduler with Holiday API integration
- Dashboard with real-time balances and activity logs
- Sensitive token protection using Cloud KMS and memory-only decryption