# Modern Treasury Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is Modern Treasury the right Financial Management solution for you? Explore 12 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/10021630/Modern-Treasury/reviews --- Modern Treasury 4.7 (12) [View alternatives](https://www.capterra.com/p/10021630/Modern-Treasury/alternatives/) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 13th, 2026 # Reviews of Modern Treasury Ease of use 4.7 Customer Service 4.7 ## Showing most helpful reviews Showing 1-12 of 12 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use CN Christian N. Chief Product Officer Financial Services Used the software for: 2+ years ### "MT is great" January 3, 2025 5.0 Overall we have had an excellent experience with MT. We are very happy with the product and the service. Pros The system is well thought out. The Payments, Ledgers, and Reconciliation products work very well together and we get a lot of value from them. The MT team is very responsive and provides excellent support. They are also responsive to feedback. Cons We have encountered a few bugs which have had a negative impact on us. However, occasional bugs are to be expected with any software, and the MT team has generally resolved the issues in a timely manner. Alternatives considered [Elavon](https://www.capterra.com/p/183057/Elavon/)[Stripe](https://www.capterra.com/p/123889/Stripe/)[Agile Payments](https://www.capterra.com/p/86492/Agile-Payments/)[Dwolla](https://www.capterra.com/p/148014/Dwolla/) Reason for choosing Modern Treasury Direct integration with our bank, built-in ledger and reconciliation to bank, no transaction limits aside from our bank limits. Review Source PM Paul M. Principal Engineer Financial Services Used the software for: 1-2 years ### "Resilient and Reliable Payment Platform" December 13, 2024 4.0 Overall, I enjoyed working with the API and by extension the team. I found our account manager (Kristopher) to be extremely helpful and felt like he really championed our needs internally. Pros I thought the API and uptime, for the most part, was well designed. It abstracted away implementation details, for the most part, which made things fairly easy to navigate. Cons I often think of Modern Treasury as an API company but not a UI company. The APIs were quite good, however the user interface had numerous bugs or design flaws (in my opinion). One recent example: reversing a large ledger transaction displays various UI errors however clicking create still works! Review Source RA Roderick A. Vice President Entertainment Used the software for: I used a free trial ### "Solid platform that is perfect for new company" April 24, 2025 3.0 This is a very capable platform to manage the basics. Pros Includes the basics needed to manage Treasury. Cons Does not integrate with all banks and charges to execute direct file transmission can get costly. Review Source NI Nikki I. Operations Collections Specialist Food Production Used the software for: 6-12 months ### "Love Modern Treasury" December 12, 2024 5.0 Amazing, easy to understand and reconciliation is easy to do. Pros I love the feature of being able to see incoming payments and returns even when they are in the pending status. Love how all the reports are so clear and easy to understand. Cons There’s nothing that I don’t like about MT. It’s been an amazing experience so far. Review Source JB Jarred B. Head of Investments Financial Services Used the software for: 1-2 years ### "Solid provider with great service" December 12, 2024 5.0 Pros Generally solid support, responsive and takes care of a lot of trouble for us. Cons Flat fee -- for a small volume compay like us, we don't hit the minimum fee with our volume. Alternatives considered [Orum](https://www.capterra.com/p/210847/Orum/) Reason for choosing Modern Treasury More comprehensive, more features, better service. Review Source JQ John Q. Head of Accounting Financial Services Used the software for: 2+ years ### "MT is the next gen money command center" December 18, 2024 5.0 Pros MT has robust and well documented APIs and a product team that is hungry to understand the needs and problems of their customers. MT has always been incredibly collaborative with us as we have built our payments, reconciliation and ledgers infrastructure to ensure we're doing so in a scalable way that best leverages the capability of the MT platform. Cons N/A although I do wish there was a way to link accounts you don't want payments and reporting for via plaid so you can truly have all your accounts in one place, even if just to know balance. Review Source JW Jesse W. VP Computer Software Used the software for: 1-2 years ### "Modern Treasury's ledgering and customer service is fantastic" January 14, 2025 5.0 I've always felt that the customer support and customer success teams were very helpful and responsive. We've been able to serve our end customers quickly in large part to MT always being quick to respond and provide solutions Pros It helps me have a extremely accurate ledger Cons The reliance on our bank partner's docs to help Modern Treasury make the appropriate changes to their processes can be frustrating, as its out of our hands. Review Source JK John K. Head of Revenue Accounting Financial Services Used the software for: 2+ years ### "Best Treasury Management on the Market!" December 12, 2024 5.0 Pros The UI is fantastic. Also it makes money movement very simple and it displays all of the necessary information without overcomplicating things. Cons Does not integrate with ERP systems and can get expensive quickly. Review Source CS Casey S. Architect Investment Banking Used the software for: 2+ years ### "Great people to work with" December 13, 2024 4.0 Overall we have had a good experience with Modern Treasury and they offer a great service making it simple to interact with ACH and Wire transfers into our bank. Pros They are very responsive when there is an issue and we are able to quickly resolve them. The team is great to work with. Cons we are using them in a different than most of their customers so some of the flows do not work the way we need them to making us create a unique integration. Review Source CH Caroline H. Accountant Health, Wellness and Fitness Used the software for: 1-2 years ### "Great product!" December 17, 2024 5.0 All the humans that work at MT are fabulous, responsive and great to work with. Pros Makes banking simple by creating a simple interface. Cons There have been recent changes to the setup pages that create more steps in my payment work flows. Review Source RB Ryan B. Payment Operations Real Estate Used the software for: 2+ years ### "Modern Treasury is a game changer" July 1, 2024 5.0 Overall, the experience with Modern Treasury has been great - the software is always improving for the better and making the job easier with each improvement. Pros The software's user-friendly interface makes managing payments and reconciling accounts a breeze. Its automation features have saved us many hours, significantly reducing manual errors and improving our overall efficiency. Customer service is also top notch. Cons Reconciling checks to EPs can be difficult. Unable to un-reconcile a check and inability to reconcile multiple EPs to one check, or one EP to multiple checks. Review Source PD Paulo D. Software Architect Investment Management Used the software for: 2+ years ### "Reliable Payments vendor" July 1, 2024 5.0 Pros Modern Treasury's team is supportive and responsive. They take a lot of interest in their customer's success which ensures smooth implementation and prompt support. Cons I did not find anything to dislike. If there was ever anything that Modern Treasury could not do for us, it was because our request was out of their scope and roadmap. Review Source Similar Products Featured