Polygon Trusts Entendre’s Stablecoin Accounting for 25+ Legal Entities
Polygon Trusts Entendre’s Stablecoin Accounting for 25+ Legal Entities
legal entities supported
faster accounting cycles
of financials reconciled
Overview
Polygon Labs operates one of the world’s leading blockchains for real-world assets and global payments, serving millions of users and powering high-growth platforms such as Polymarket and Courtyard. With transaction volumes scaling into the billions, Polygon’s finance team faced growing complexity across DeFi, treasury, accounts payable, and payroll. Legacy providers could not support the multi-entity, high-throughput, and granular reporting required.
Challenge
Prior systems struggled with fragmented data, manual reconciliation, and limited multi-entity support. Month-end close and reporting lagged as the team managed activity across multiple chains, legal entities, and currencies. Robust automation, real-time treasury visibility, and seamless integration with Netsuite became critical.
Solution
Polygon Labs adopted Entendre’s agent-driven automation suite:
Multientity Automation: Automates transaction classification, reconciliation, and reporting across all Polygon entities, supporting billions in DeFi, treasury, and payroll activity.
Copilot: Enables bulk transaction memo updates, natural language queries, and rapid agent configuration.
Accounting Specialist Agent: Monitors and reconciles open transactions across all entities.
Treasury Agent: Aggregates and reports weekly balances across all financial accounts, delivering real-time insights.
Netsuite Integration: Passes department, currency, and memo metadata directly into Netsuite, accelerating accounting workflows by over 50% compared to legacy processes.
Historical Coverage: Extends automation retroactively, reconciling and classifying transactions across three fiscal years.
Accounts Payable Automation: Partnership with Niural allows Polygon’s team to view bills, reconcile on-chain and manual payments, and automate AP processes directly in Entendre.
Results
- Billions in transaction activity automated across DeFi, treasury, AP, and payroll
- 50%+ faster accounting cycles
- Real-time treasury and entity-level reporting
- Three years of historical data reconciled and classified
- Seamless integration with Netsuite and AP automation via Niural
Testimonial
"Entendre is the AI accounting agent platform we’ve adopted at Polygon Labs to streamline everything from month-end close to treasury ops. The product is saving my team a ton of time, integrates cleanly across our crypto and traditional systems, and is honestly the most advanced solution we’ve seen in this space."
- Joe Hamade, CFO, Polygon Labs
Conclusion
Entendre’s agents serve as the system of action for Polygon’s finance operations. The platform’s automation, multi-entity support, and deep integrations enable Polygon to operate at enterprise scale, delivering speed, accuracy, and control for one of the blockchain industry’s largest and most complex financial back offices.