Cardano ERP for Catalyst

[IMPACT] Please describe your proposed solution.

Cardano ERP for Catalyst will be an open-source Cardano-native accounting/auditing system. A native Cardano system will allow for easy and transparent integrated auditing, tracking, and reporting of funded projects. The project stakeholders will be the Catalyst Fund audit committee, Cardano Community, and Catalyst Fund recipients.

We will scope the unique needs of stakeholders, then architect and deliver an MVP which meets scoped needs.

The core modules are expected to include:

• General Ledger
• Accounts Payable (COTI Pay integration)
• Funds/Revenue receipts
• Financial/Audit Reporting

As a result of this work, we expect to provide a Cardano-native system that meets the requirements of the intended stakeholders.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

Cardano ERP for Catalyst will provide the accounting and auditing system framework for funded projects. This will in turn promote adoption and improve product ownership. It will address the need to get accountants and lawyers into the Cardano & Catalyst Ecosystem and provide direct access to solutions which provide financial and legal services as well as support and guidance to emerging projects in the Catalyst Ecosystem.

Cardano ERP for Catalyst will be infinitely scalable and able to be used anywhere in the world.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

The main risk which could prevent delivering the project successfully would be a shortage of funding to complete the project. We anticipate an MVP can be delivered for ~2,000 hrs of effort. However, we cannot predict all requirements to be requested by all stakeholders in a final product. To mitigate this risk, the proposal is for delivery of an MVP, not a final product. We will submit additional proposals for any additional effort required for a final product.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

We have a core Cardano ERP team of experienced ERP consultants and developers who will:

• Communicate with stakeholders to scope requirements (month 1)
• Architect (month 2), develop (month 5), test (month 5), and deliver an MVP (month 6)

We have related proposals pending for CF9. All proposals compliment each other and can be worked on sequentially or concurrently by the same team, if all pending proposals are funded.

[FEASIBILITY] Please provide a detailed budget breakdown.

We anticipate the following budget, subject to stakeholder requirements feedback:

• Scope and document requirements (100 hrs)
• Architect, develop, test, and deliver MVP (1,900 hrs)

Total project effort: 2,000 hrs

Estimated average labor rate: $50/hr

Total Budget: 2,000 hrs x $50/hr = $100,000

[FEASIBILITY] Please provide details of the people who will work on the project.

Please see Cardano ERP developer team CVs on our linked website.

The Project Founder, R “Jay” Jackson is an accomplished, retired (early), former international ERP consultant possessing 30+ years of ERP system scoping, testing, implementation, support, training, and hosting experience for leading ERP system vendors. He has implemented, supported, and advised well in excess of 100+ ERP customers globally, spanning the gamut of most industry verticals and has held various verifiable, relevant certifications (including CPA, MCSE, PMI, etc.) throughout his career. He has extensive multi-national departmental level and team level management experience. He is an active supporter of the Cardano mission and vision who engages and participates where he can. His vast ERP experience, background, credentials, initiative, and “If it can be imagined, it can be done!” approach and way-outside-the-box thinking when identifying and implementing solutions to problems make him the ideal person to lead this ambitious endeavor to create and deploy the “killer dApp” of the Cardano blockchain. He will oversee project administration and overall project direction.

The Project Manager, Gopakumar T. Nair, Founder/CEO of ArrowHead Technologies, PL (India), is an accomplished, internationally recognized ERP consultant and developer possessing 30+ years of ERP system scoping, testing, implementation, support, training, and full-stack development experience for leading ERP system vendors, multi-national organizations, and governmental entities across almost every industry vertical including supply chain, manufacturing, and financial services. He has extensive team leadership and mentoring experience, having assembled and successfully lead teams in completing “impossible” projects across Asia, Africa, and Europe. He has held or currently holds several verifiable, relevant certifications. He will oversee all aspects of product development.

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

If funded, we may return to Project Catalyst in later rounds for further funding because this project seeks to provide an ongoing service to Project Catalyst and funded recipients.

[FEASIBILITY] Are you or any member of your team working on any other proposals in this Fund9?

[FEASIBILITY] Are you or your team working on any other proposals from previous Funds?

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

We will measure success by the scoped modules we successfully deliver. We anticipate the following functionality:

• General Ledger
• Accounts Payable (COTI Pay integration)
• Funds/Revenue receipts
• Financial/Audit Reporting

Note: Final scope is stakeholder dependent.

[AUDITABILITY] What does success for this project look like?

Cardano ERP for Catalyst will exist as an MVP (this proposal) of the scoped modules and be used by the Cardano Community, Catalyst Fund recipients, and Catalyst Fund audit committee (finished product).

Success will be considered to be delivery of an MVP having the following functionality:

• General Ledger
• Accounts Payable (COTI Pay integration)
• Funds/Revenue receipts
• Financial/Audit Reporting

Note: Final scope is stakeholder dependent.

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This is an entirely new project in Catalyst. Our previous attempt to obtain funding during CF8 was not successful.

We have other CF9 proposals pending, in accordance with feedback received from vCAs during CF8.

Sustainable Development Goals (SDG) Rating

SDG goals:

Goal 10. Reduce inequality within and among countries

SDG subgoals:

10.1 By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national average

10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status

10.5 Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations

10.6 Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutions

10.a Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements

10.b Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmes

10.c By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per cent

Key Performance Indicator (KPI):

10.a.1 Proportion of tariff lines applied to imports from least developed countries and developing countries with zero-tariff

10.1.1 Growth rates of household expenditure or income per capita among the bottom 40 per cent of the population and the total population

10.2.1 Proportion of people living below 50 per cent of median income, by sex, age and persons with disabilities

10.6.1 Proportion of members and voting rights of developing countries in international organizations

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