Case Study: ProducePay achieves faster, more automated payouts with Modern Treasury

ProducePay automates 70% of payment operations with Modern Treasury

ProducePay, a digital platform for the fresh produce industry, faced a complex payment and reconciliation process due to the high volume of transactions and the unique pricing dynamics of perishable goods. Their manual processes were error-prone and struggled to scale. To overcome this, they partnered with Modern Treasury to implement its Payments, Ledgers, and Reconciliation solutions.

By integrating Modern Treasury's platform, ProducePay automated up to 70% of its payment operations, centralizing all transactional data into a single system. This provided real-time visibility and significantly improved accuracy. The solution saved the company an estimated six months of development time per bank integration and created a foundation for efficient growth, allowing them to better serve customers with faster, more reliable payouts.

ProducePay