1. Overview:

Remedy Consultants undertook a Business Analyst (BA) consultancy with Nova Solution to enhance their Vendex Solution. The engagement aimed to produce detailed requirement documentation, increase product awareness, and connect with potential investors and customers.

2. Goals and Targets:

2.0 Solution Scope:

– Successfully gathered requirements for the existing solution

– Identified users and created comprehensive user stories

– Developed detailed requirement documentation

– Created wireframes and process designs

– Crafted a pitch deck for the product

2.1 Futuristic Approach:

– Successfully developed user stories for POS application

3. Execution and Success Metrics:

– Remedy consultant was available remotely, ensuring seamless communication

– Productive discussions with the team and management after proposal acceptance

– Weekly engagement plans communicated at the start of each week

– Regular email updates on the weekly work progress

– Monthly report circulated with findings and recommendations

4. Responsibilities:

4.0 Remedy Team Role:

– Collaborated closely with Nova team to understand current processes

– Actively participated in internal team meetings

– Provided immediate suggestions for execution

– Attended client meetings with Nova team when required

– Created a comprehensive recommendation document, fostering collaboration

4.1 Nova Team Role:

– Assigned recommendations to Nova stakeholders for implementation

– Successfully followed up on recommendation activities

– Shared current challenges with the consultant to improve team productivity

– Collaborated in supporting the consultant on futuristic approaches

5. Timeline:

The defined scope was successfully addressed within the agreed-upon one-month timeline. Flexibility for extensions and other processes was encouraged and accommodated.

6. Achievements:

Successfully connected the project with prospective clients, including leading banks and other financial institutes.

Strengthened Nova Solution’s position in the market through enhanced product awareness and engagement with key stakeholders.

This case study highlights the successful completion of the BA consultancy project, showcasing the achievement of goals, responsibilities undertaken by both Remedy Consultants and Nova Solution, and the added achievement of connecting the project with key prospective clients in the financial sector.