gregorygev
gregorygev on Hacker News
We extended the trial period to 30 days now.
The original intent behind 14 days was to force a deadline onto user to get set-up properly and realize value of the product. (Seeing their financials in real-time)
Though the comment above justifiably mentioned that some folks might want an entire accounting period to run books in parallel while evaluating. We'll keep looking into this.
Currently the goal is to make the product awesome for our initial markets (US/Canada) but UK will be supported soon after we believe
Hey - puzzle looks interesting. I’d say we focus a lot on simplicity and flexible reporting, we have a built-in real-time spreadsheet so you’re able to put the kind of report that matters to you as a founder rather than the one one we force you to look at.
what do you think would be a fair price for the product?
hey - we'll think about this. In the meanwhile it is still powered by the same high-performance customizable ledger from our earlier ledger api pivots - it is 100% accessible via API.
yes, we have something in the pipeline that would address that :) feel free to email me at gregory at modernbanc dot com if you want to have a deeper convo on that.
thanks - we are indeed working with high-street accountants. I also think there is a driver as you said from founders and smaller business owners who want financial insights. Those same businesses have budgets for reporting/budgeting and planning software, so having it as close to accounting data as possible in one product we can increase the value prop.
this has been requested a lot and is on our short term roadmap. Can you expand on your use-case and how important is this feature to you?
Thanks :) Europe is definitely on the roadmap.
Thanks for your kind words.
> This is clearly not an attempt to replace Excel, it's an attempt to accomplish a set of use cases in a better way than clunky export-import flows
This is exactly how we think about this too.
about a year now I'd say - while their design kicks ass I think it's the speed and thoughtfulness of the product that makes it stand out.
good catch - will address that!
this is our 3rd pivot :) we've launched other products before such as Ledger API processing over $100m in txn volume a month and a PCI vault for fintechs with 1m+ users. However we took a hard decision to pivot again as we didn't feel like we'd achieve the impact we wanted in those markets.
Hey - I agree with your bookkeeping + tax filing points! Regarding the "Request quote" button - I hear you! Right now the product isn't positioned to serve mid/larger businesses so we basically have to make a case to divert/invest our engineering time into making the product work well for those companies.
thank you - not always easy to make a business case for craft, but I personally think it shows care about the product and sets customer's expectations for your future features.
hey, thank you - for sure! Rillet looks interesting, they appear to focus on SaaS vertical for mid-market companies (more like targeting Netsuite's customer segments). We on the other hand focus on a simpler setup where small business owners and startup founders manage most of their business finances themselves.
thank you! Yes, to provide the kind of experience we want for now we have to focus on smaller and only US-based companies. Once we nail that we can go up company size and wider in geographies :)
Posted by
gregorygev on Wednesday March 19, 2025 @12:50PM
from the self-post dept.
Hey HN! We're the team behind Modernbanc (https://modernbanc.com). Today we’re introducing our modern accounting software designed for startups and small businesses. Here’s a demo video: https://www.youtube.com/watch?v=gLkJ-6liTNUThink of it as Linear for accounting software. It is fast, works offline, and saves you time with automated bookkeeping, accounting and invoicing.This is our third...