Case Study: Liberis achieves zero reconciliation errors and faster launches with Formance

Liberis achieves zero reconciliation errors across 14 countries with Formance

Liberis, an embedded finance platform, faced significant challenges ensuring financial data accuracy and scaling its operations efficiently across 14 countries. Their engineering team was spending excessive time building basic ledger functionality instead of focusing on their core product, and they needed a solution that could handle complex payment flows without errors. They selected Formance to address these issues.

By implementing Formance's Ledger and Numscript, Liberis achieved zero reconciliation errors, ensuring perfect alignment between actual money movements and their ledger records. The solution enabled them to go live with their new Flexible Cash Advance product in just 2.5 months, saving on costs by avoiding additional hires and accelerating their time to market with a key partner. Formance provided a flexible and scalable infrastructure that became a long-term growth enabler for Liberis.

Liberis