Modern Treasury

“We didn’t want to staff a team to maintain the integration or be in a position where we had to repeat the process if we added a new bank partner. Modern Treasury is paying for itself already, many times over.”

“Building a direct integration with a bank for Virtual Accounts was never in the cards for us,”

“We chose Modern Treasury because of the simplicity of the Virtual Accounts API and the ease of the bank integration.”

“We looked at a few different solutions before choosing Modern Treasury, but they were too expensive and didn’t have all the features we needed,”

“Modern Treasury really simplifies all the hard things about bank integrations. Using your APIs has really given us the freedom to focus on our core product.”

““As Valon continues to grow, we’re excited about building our technology and platform to handle new products. We’re excited to continue partnering with Modern Treasury in this journey,””

““Leveraging Modern Treasury through all that growth is exciting for us because we’re able to take advantage of the benefits at an even greater scale, perhaps our greatest scale as a business.””

““Using Modern Treasury saves us time, which allows us to focus on building or launching other types of products.””

““If we built a new integration ourselves, it would take several months of developer time. In terms of allowing Valon to get bank connections online for any new bank we weren't previously integrated with, Modern Treasury has helped us go to market there. Not to mention, being able to access new types of banks in a relatively quick timeline allows us to move faster and get new customers on board,””

““The team at Modern Treasury has great technical understanding, which comes through in how the product was designed and allows us to work together whenever we have a situation requiring a closer partnership to figure out. Our team values that we can lean on Modern Treasury in those types of discussions because it's not something we see from other vendors, especially one that’s so critical to how we operate our payments processes and infrastructure.””

““As a technology company ourselves, working with another technology company is refreshing,””

““Being able to ensure accurate reconciliation is essential. For example, tracking money movement from payment orders we send to when those transactions settle at the bank and funds come through to us is important,””

““We appreciate having standardized transaction data across all our partner banks through Modern Treasury, which allows us to ingest data in a standardized way,””

““Because of this partnership, we can manage programmatic money movement across all our banks. Given the number of banks we work with and the number of payments we make, it would be incredibly difficult to do this without Modern Treasury."”

““Just knowing that we can rely on Modern Treasury’s expertise and support out-of-the-box is incredibly valuable.’ says Franczyk, “It gives us the ability to think about how we bring something new into the platform.””

““Modern Treasury has allowed us to sell to new, bigger customers, give them a better experience, and get products to market faster in response to customer needs because we have the right infrastructure to power the scale and the ability to add new vendors and features quickly.””

““With Modern Treasury’s double-entry ledger, we can better reconcile the flow of funds, especially when it comes to maintaining balances in omnibus or FBO accounts, where we need to understand exactly how much money should be in each account at any given point in time.“”

““Modern Treasury’s platform is incredibly responsive and incredibly performant. We can transmit payments up to minutes before the bank cut-off and know that they're going to be processed and sent out on time, which is wonderful for us and our customers,””

““At Stewart Title, we are committed to providing exceptional service and staying at the forefront of innovation in the real estate industry,” Mr. Taylor said. “Partnering with Modern Treasury is an exciting step forward in our journey to modernize our payment operations. By adopting their platform, we aim to streamline processes, enhance security, and deliver a seamless payment experience for our customers, agents, and partners.””

““Not only do they optimize costs and reduce fraud risks, but these faster payment rails also enable Stewart Title to create better customer experiences.””

““Real estate requires the ability to move money quickly, accurately, and securely. Instant payments fulfill all three of those requirements, enabling us to deliver faster brokerage payouts and escrow settlements, which can now occur 24/7/365, all while reducing transaction fees. We fully expect this to become a competitive differentiator in our industry, and we're pleased to lead the way.””

““Modern Treasury gives us a lot of control over payments. It’s been pretty flawless so far.””

““The most valuable part of Modern Treasury, including features like payment templates, has been the data and the quality of the data that we get out because we're responsible for the review cycle, like checking cash data to loan tape data.””

““Modern Treasury eases a lot of anxiety around money; it gives us systems and data that we trust. As we grow, we won’t have to worry whether we’ll be able to support larger accounts or customers, and we can focus on the fun stuff, like better customer experiences,””

““One of the options in our evaluation was to build our own integrations. As an Agri-tech company, in-house payments tools is not part of our core value proposition and we made a strategic decision not to spend the time, money, and engineering resources building these tools. It's not just the launch. We would have had to maintain that system at great cost and effort. Going with Modern Treasury saved us at least six months of time for each bank integration.””