Reduce the overhead of reconciliation and increase accuracy
Replace manual reconciliation and error-handling with automation that scales with your growth
Many Fortune 500 firms find their payments operations surprisingly labor-intensive. Teams in finance and IT often act as “human glue” between systems: manually reconciling reports, handling errors and chargebacks, writing custom code for new integrations, and firefighting issues across different payment providers. This operational drag not only incurs high labor costs but also distracts skilled staff from strategic projects.
Modo tackles this by automating and streamlining payment operations, driving efficiency and freeing up your team’s time. One major efficiency gain comes from automated transaction reconciliation and reporting. Instead of manually matching transactions from different gateways to bank deposits and invoices, Modo provides a unified ledger and can automate those matching rules. Routine processes like payout reconciliations, fee calculations, and exception handling can be configured within the platform. By reducing manual workload, companies can significantly cut down on errors and the need for back-office FTEs dedicated to payments ops.
Benefits across teams
Quantified impact
Modo delivers operational efficiency by automating what can be automated and simplifying what remains. Fewer manual processes mean lower internal costs and faster cycle times. Transparency provided by the platform (shared dashboards accessible by business, finance, and IT teams) leads to better cross-team alignment and less internal friction. With the ability for everyone to look at the same data, issues can be resolved collaboratively in real-time, rather than through long email chains. All of this allows your organization to support growing payment volumes and new business initiatives while maintaining stable headcount and IT spend.
