WFDM is no stranger to innovation, as the local company has proved itself with successful ventures on the Maltese and the international market such as the innovative Doup card. However, the company has outdone itself as it is hitting the market with three new products which are set to revolutionise their particular sectors.
Whoswho.mt caught up with WFDM Founder and Managing Director Mantvydas Matthew Narusevicius who shed light on three pioneering ventures that showcase the innovation and entrepreneurial spirit of the company which boasts its Maltese setting.
“We are very proud to be operating from Malta, which has offered us unrivalled opportunity. Malta has been a great base for testing and launching our products. Now we are excited to further expand our business models outwards, towards Europe and beyond,” says Mantvydas Matthew Narusevicius. “WFDM continues to develop innovative products that help businesses and private individuals improve their operational journey, adding value to their clients’ business models.”
Starting with Audit 3000, WFDM seeks to revolutionise the audit business, as it reduces an otherwise laborious ordeal to a simpler more efficient and effective operation.
“Audit 3000 is a groundbreaking product poised to transform the financial auditing landscape. Developed in collaboration with several Maltese auditors, the tool addresses the complex and time-consuming nature of preparing a company’s financial accounts. By leveraging the insights and needs of these auditors, our developers created a software solution that simplifies and accelerates the auditing process, reducing the time required by an impressive 30 per cent,” Matthew explains.
Developed by WFDM alongside product co-founders and shareholders Jonathan Scerri and Hakan G. Mamaci, Audit 3000 uses AI technology to enhance functionality and efficiency. “We are confident that this product will become a go-to solution for many businesses in various sectors,” Matthew adds.
“Despite entering a highly competitive market, we are confident that Audit 3000 will establish itself convincingly in the world of fintech. We are encouraged by the fact that we have been using this tool inhouse in our various offices in seven different countries, and the time has come for us to open up this tool to the world.”
With a cost of just €4.99 per use, Audit 3000 offers a cost-effective solution that stands out in terms of value and performance. The product’s development spanned one and a half years of rigorous research and collaboration with seasoned auditors, underscoring the extensive R&D investment behind it.
Similarly, JobsInMaltaToday.com, is a recruitment tool which has already established itself on the recruitment scene, and helped innumerable workers find employment.
“The website is the front-end of the recruitment effort at WFDM which was established two years ago, and was developed as a platform tailored for the Maltese job market. Over the past two years, we have honed our expertise by constantly posting job listings on behalf of our clients as well as our domestic needs, gaining deep insights into the market’s needs and performances. The platform is designed to minimise the hassle associated with incorrect CVs and poor applications, ensuring a more efficient recruitment process,” Matthew continues.
Although JobsInMaltaToday.com primarily serves the Maltese market, its underlying structure is adaptable for broader applications. The site’s commitment to keeping job listings current and relevant makes it a valuable resource for both employers and job seekers. This focused approach ensures that the platform consistently offers fresh opportunities, enhancing its utility and appeal.
Finally, WFDM is also launching another game-changing piece of tech which promises to provide peace of mind to businesses that operate fleets – no matter their size.
“Xtracker.com promises to help businesses manage their fleets in a secure and efficient manner. Once again, the tech was developed in house for our own fleet of vehicles, as we wanted to ensure that all our vehicles, be they cars, vans, trucks or motorbikes, were accounted for at all times. This decision led to the creation of a high-quality product which now we are offering at very competitive prices.”
Already operating in Malta and Albania, with ongoing tests in Lithuania, Georgia, and Cyprus, Xtracker.com is partnered up with Melita Ltd on the communications side, to ensure robust service delivery. The platform allows users to choose how frequently they want to monitor their vehicles, as they can customise several elements of the service.
WFDM’s experience and thorough testing of the product in the real world, adds a layer of reassurance to the customer, as the tech has been refined to address any issues prior to public release. “This thorough testing phase guarantees a reliable and effective solution for fleet management,” Matthew concludes.
Main Image:Mantvydas Matthew Narusevicius