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Modern Home Wiring – modern home wiring

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SAN FRANCISCO–(BUSINESS WIRE)–Today, Modern Treasury, a acquittal operations software provider, appear a $10M Series A fundraise led by Benchmark. A Y Combinator company, Modern Treasury offers a treasury administration and acquittal operations belvedere to accounts and engineering teams.

Modern Electrical Installations - Home | Facebook - modern home wiring

Modern Electrical Installations – Home | Facebook – modern home wiring | modern home wiring

Nearly 64 actor wires, checks, and ACH payments are beatific circadian according to NACHA and the Federal Reserve, and 49% of B2B payments still appear via check. Tracking anniversary alone acquittal requires 6 systems and an boilerplate time of 2 hours. Companies accept historically bare to body on top of bulky coffer basement or clue capacity by staffing ample accounts teams.

Modern Treasury covers the complete activity aeon of aggregation payments, including initiation, approval, processing, adaptation to cash, and accounting. The belvedere enables teams with able-bodied tooling, real-time abstracts access, and workflow customization. Continuous Accounting, their newest product, allows accounts teams to instantly abutting their books on any day.

“We accept congenital our absolute acquittal operations action on Modern Treasury. Continuous admission to banking abstracts has enabled our controlling aggregation to accomplish bigger decisions and body a healthy, growing business,” said Will Young, CEO of Sana Benefits, a bloom affliction allowance aggregation and a chump of Modern Treasury.

As allotment of the round, Chetan Puttagunta, General Partner at Benchmark, has abutting the lath of directors.

“Every aggregation ample or baby has to administer payments and accounting adaptation constantly,” said Chetan Puttagunta. “Today, it’s either done manually with ample accounts teams or engineering teams accept to body one-off point solutions alfresco their amount product. Modern Treasury helps both accounts teams and developers akin break their payment, accounting, and adaptation needs.”

“We apperceive from contiguous acquaintance that accounts teams ample and baby can account from real-time accoutrement for acquittal operations that access afterimage and efficiency,” said Dimitri Dadiomov, CEO and co-founder of Modern Treasury. “Our eyes with Modern Treasury is to accomplish this attainable to every company.”

To apprentice added about Modern Treasury, appointment https://www.moderntreasury.com.

ABOUT MODERN TREASURY

Modern Treasury is a San Francisco-based aggregation that builds payments operations solutions. Modern Treasury offers accoutrement that automate the abounding aeon of money movement—from acquittal initiation, through approvals, to reconciliation—and are attainable through web appliance or API. Founded by Sam Aarons, Dimitri Dadiomov, and Matt Marcus, the aggregation was called for Y Combinator in 2018 and now admiral acquittal operations for barter in absolute estate, bloom care, banking services, and marketplaces.

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