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ZFP Gold: Platform for selling investment gold and related administration

E-shop Intranet/Portal Creatives
View:
zfp-gold.cz
1000
+
working hours
40
specialists
1
million
lines of code
5000
cups of coffee

We have expanded the client's online trading options and automated the related processes.

ZFP Group focuses on financial education, providing financial products, selling gold, real estate, and energy. The goal of the project for the member of the ZFP Gold group was to change the platform and expand the purchasing and administrative options related to the sale of investment gold. By creating a platform for its sale, we built on a long-term collaboration with the client, which later led to the platform for traders known as ZFP Extranet.

Delivered Services
E-shop
Intranet/Portal
Creatives

Initial State

The client was in a situation where the technical shortcomings of the existing web solution limited their further business.

  • Website on a different platform than other solutions
  • Costly modifications to the website on the original solution
  • Limited options for editing and further development
  • Fixed launch date for the Slovak version due to the official start of trading

Our Solution

We offered the client a brand new solution on the Kentico system at costs comparable to the development of the original website.

  • We analyzed the original solution to retain all functionalities
  • We designed the visuals in line with our previously delivered solutions
  • We integrated the platform with data sources for currency exchange rates and gold prices
  • We created dynamically loading charts for gold price trends
  • We migrated the entire client's back office to Kentico


The decision for a new platform has paid off for the client many times over

The transition to Kentico and the development of a completely new solution meant comparable costs that the original supplier demanded for interventions in the previous platform. Therefore, the client decided to change and unify the websites onto one platform. In the Kentico system, they found support for a range of presentation websites, e-shops, and portals in terms of further development and extensive editing options.

We linked the website's visuals with already implemented projects

The common task was the visual modernization of the website, which builds on the style designed for the previous solution ZFP Akademie and ZFP Energy. From a technical perspective, it specifically involved customizing the cart and automating processes at the back office level, leading to faster and more efficient inventory management, shipping, invoicing, commissions, and overpayments.

We saw the main challenges in implementing calculations (rates, prices, commissions, overpayments) and adhering to the established schedule due to the launch of gold sales in the Slovak market. Additionally, before the launch, the e-shop was to function as a pilot for selected users, which we adjusted the entire timeline accordingly.

In the case of the agency PUXdesign, we were convinced by their original references and the approach of their specialists supported by agile project management methods. During development, additional capabilities of the supplier also emerged - the ability to listen and come up with suggestions beyond our sometimes unclear requirements or general briefs. The final solution was delivered two months ahead of schedule - the reserves ultimately did not need to be used, and for this reason, we were able to envision further assignments in new projects.

We created an advanced e-shop for gold and gift items

For the client, we developed a highly customized e-shop on the Kentico system, which we integrated with services enabling the sale of gold. We obtain gold price data from the Austrian company Schoeller Münzhandel, download the price development graph in crowns and euros from Quandl, and get currency rates from Raiffeisenbank.

Since the price of gold changes every day, we had to address the refund of overpayments for one-time purchases. For savings, we automated the fixing of the gold value upon payment receipt. The customization of the e-shop primarily lies in the ability to sell such different products as gold and gift items, considering price, VAT, and the calculation of merchant commissions.

With the successfully launched project, we confirmed a well-established collaboration

Through automation, we ensure 20 types of order emails, which we send separately for one-time purchases and for savings. The client has notably experienced a significant improvement in the efficiency and speed of internal processes related to sales, commission calculations, as well as inventory management, shipping, and invoicing. The true collaboration on the project development began with the launch of the e-shop. Additionally, we are working with the client on other projects, continuing our planned mutual cooperation.

“In the case of the agency PUXdesign, we were convinced by the original references and the approach of their specialists supported by agile project management methods. During development, the supplier's other abilities also emerged - the art of listening and coming up with suggestions beyond our not always clear requirements or general briefs. The final solution was delivered two months ahead of schedule - the reserves ultimately did not need to be used, and for this reason, we were able to envision further assignments in new projects.

Ivo Míček
IT ředitel, ZFP Group
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