Whether you track balances for customers or internal teams, we give you building blocks to create a ledger fit for your use case.
Consistent, Flexible Balances
Track balances in any currency using double-entry. Make them as granular as needed, or aggregate them by category.
Real-Time Ingestion
Keep balances up to date with an easy-to-use API that seamlessly embeds in your product.
Intelligent Event Handlers
Streamline ingestion with templates that translate events in production into ledger entries.
Complete Control & Security
Support for RBAC, SSO, SCIM, and SIEM. SOC I, SOC II, and PCI DSS compliant.
“Ledgers lets us track studio balances reliably and transparently, ensuring that we don’t have to manually verify studio balances before paying them out.”
No. A ledger database - or sub-ledger - automatically keeps track of balances related to a financial product or process. Companies use Ledgers to power the balance you see in an app like Splitwise, or to inform marketplace payouts in platforms like ClassPass. In these use cases, only a subset of transactions are tracked, and automatic, real-time access to balances is paramount. This differs from an accounting general ledger, which typically records all financial transactions for a company with the intent of creating retroactive financial statements.
Double-entry accounting is a time-tested method of accounting for tracking financial transactions. Implementing double-entry can help engineering teams create verifiable audit trails and ensure consistency. Ledgers abstracts away the technical complexity of implementing double-entry at the database level, allowing engineers to spend less time building accurate financial infrastructure.
Yes. We have worked with enterprises to speed up digital payment transformation by providing them with managed services, implementation support, payments advisory, and ledger design. Reach out to our sales team to learn more.
Modern Treasury can help ingest data from a range of internal systems, and external vendors such as banks, card processors, issuing partners, payment providers, data warehouses, as well as other third-party systems. Connections are built with our customer’s bespoke needs in mind upon onboarding.
Your Systems, Structurally Sound
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