CompanionLink MFC Application has encountered a problem on launching the application

Hi,
I would be very thankful if someone could help me. I installed an MFC application in my computer to do my office work.
It got installed successfully.
When I tried to configure and open the application, I received the below error message and the application experienced a force close.
Please resolve this issue ASAP as my office work is pending to do.
Thanks in advance.

CompanionLink MFC Application
CompanionLink MFC Application has encountered a problem and needs to close. We are sorry for the inconvenience.
If you were in the middle of something, the information you were working on might be lost.
Please tell Microsoft about this problem
We have created an error report that you can send to us. We will treat this report as confidential and anonymous.
To see what data this report contains, click here.
