Case Study: PayKeeper accelerates escrow payments and compliance with Modern Treasury

PayKeeper cuts escrow payouts from 6-8 weeks to next-day disbursements with Modern Treasury

PayKeeper, a company revolutionizing payment management with its Conditions-based Payments platform, faced the challenge of quickly launching an automated escrow service that met strict regulatory requirements while ensuring reliability. They needed to track funds with precision and accelerate their market entry without building complex payment infrastructure from scratch. They turned to Modern Treasury for its payments and ledgers products to solve this.

By implementing Modern Treasury's platform with direct bank connections and integrated ledgering, PayKeeper automated disbursements and gained real-time visibility into funds. This solution enabled them to speed up payment cycles dramatically, reducing waiting periods from 6-8 weeks to next-day disbursements. Modern Treasury provided the precision needed for compliance and audits, allowing PayKeeper to scale operations and focus on their core product, transforming payment processes across industries like construction.

PayKeeper