Modern Treasury
Modern Treasury, formerly known as Turnkey Treasury, is a B2B finance and accounting company based in San Francisco, providing advanced payment operations solutions and educational resources for finance leaders globally.
Services
Modern Treasury provides comprehensive services designed for B2B finance and accounting. These services include tools for automating the full cycle of money movement, from payment initiation through approvals to reconciliation. The company also offers a unified workstation for managing transactions and balances, designed to support modern finance teams in automating reconciliation, quickly resolving exceptions, and supporting complex use cases. Additionally, the platform enables real-time reconciliation for full visibility on money movement, supporting international payouts in over 50 currencies.
Products
Modern Treasury offers essential infrastructure for automatic reconciliation, faster payments, and real-time financial data. The platform supports various payment methods, including ACH, RTP, and Wires, ensuring high throughput capacity to keep up with volume requirements. Engineered for scale, the platform features redundant infrastructure to ensure the delivery of payments at all times. This system also provides resilient integrations for high throughput data ingestion and granular reporting, maintaining robust controls and secure connections for enterprises to move money safely at scale.
Resources for Finance Leaders
Modern Treasury supports finance leaders with a range of educational resources, including eBooks, webinars, tech talks, and journal articles. These materials offer insights on real-time payments, automating payment operations, and building resilient payment systems. The platform also features a journal with in-depth coverage of the payments industry and provides a guide to making real-time reconciliation easy. Educational webinars and tech talks hosted by Modern Treasury address various topics relevant to payments and finance leaders.
Client Success Stories
Modern Treasury highlights several client success stories to illustrate the impact of its services. Notable clients include ClassPass, Marqeta, Procore, Gusto, Navan, Avidxchange, Valon, Revolut, C2FO, DriveWealth, Splitwise, and Korber. Specific stories include Navan reimagining expense management, C2FO increasing revenue by entering the flow of funds, and DriveWealth unlocking real-time reconciliation. These case studies demonstrate the platform's capacity to enhance financial operations for a wide range of businesses.
Industry Insights
Modern Treasury offers a subscription service for updates on product features and industry primers. This service ensures that users stay informed on the latest developments in the payments and finance sectors. The company's journal includes articles on real-time payments and the payments industry, providing valuable insights. Additionally, Modern Treasury features content that highlights reliable, fast, accurate payments engineered for scale, showcasing key aspects of its platform, including availability, high throughput, and resilient integrations.
Upcoming Events
Modern Treasury is currently opening registration for Transfer 2024. This event will cover a range of topics pertinent to the payments industry and provide a platform for participants to gain deeper insights into Modern Treasury’s services and products. Attendees can expect to engage with industry leaders and gain practical knowledge from various sessions designed to address the evolving landscape of finance and payment operations.