Books that prove themselves
Continuous reconciliation, immutable history, and point-in-time balances: close faster and walk into every audit with evidence instead of spreadsheets.
Close continuously
Automated matching against banks, PSPs, and custodians with drift alerts the moment something diverges. Customers cut closing time from 10 days to 1.
Audit-ready by construction
Immutable, hash-chained history with every correction traceable. Reconstruct any balance at any date, reproducibly, for auditors and regulators.
Every cent attributed
Segregated accounts, omnibus sub-ledgering, and fund attribution built in: safeguarding and client-money reports come from the ledger, not a quarter-end project.
SOC 2 Type II (zero exceptions), ISO 27001, DORA-assessed. Over 60 percent of Formance customers are regulated entities, and several were licensed on the basis of data stored in Formance.
Questions, answered
01 / DOES THIS REPLACE OUR ERP OR GL?
No. Formance is the operational system of record underneath; your ERP keeps consuming roll-ups for statutory accounting. Each system does what it is good at.
02 / WILL OUR AUDITORS ACCEPT IT?
The transaction history is immutable and tamper-evident, reports reproduce for any date, and the platform carries SOC 2 Type II and ISO 27001. Auditors get direct evidence rather than reconstructed exports.
See your close, continuous
Book a demo with your own flows of funds.