This study focuses on to solve basic problems of SME’s in Turkey such as lack of finance, technical information, well-educated staff and institutionalization. The research project is proven that SME’s can be institutionalize easily by help of a developed software. Project also aims to provide a fintech solution for survival of the businesses without being dependent on the founder family members. After 2 years research and development process the system called “Head of Finance” emerged as a web based, fast, cheap and user-friendly finance and risk management tool. Regarding the uncertainty in the current market conditions, risk management application need for both banks and SME’s has been increased. The innovative aspect of suggested software is to make financial decisions and risk management practices accessible for SME’s while making their financial decisions. It is also aimed by the software to provide entrepreneurs and managers decision support and risk management applications that are not made by any bookkeeping or accounting software.
