Triple Entry Accounting
Bringing accounting and management into the 21st Century

“The most important invention of the past 500 years.“ David Jeffries, futurologist


Triple Entry Accounting brings immutability & real-time insights to legacy accounting practices, improving the bottom line and drastically reducing fraud.



Traditional accounting doesn’t prevent companies from losing tremendous amounts of money to fraud and efficiency.

Financial fraud


There is $4.8 trillion loss annually due to fraud*

*Yes, that’s a big number. It’s 6% of global GDP. Every year.

47% of all corporations fall victim. They spend 3.1% of annual turnover fighting fraud.

Inefficient management control systems


All existing management control system can only give insight from past data – thus taking away the ability to make informed financial decisions in real-time. Even worse: the necessary data isn’t even collected.

Size of inefficiency


Operating with real-time data and the accompanying TEA management control method, companies can boost their net profit by an average of 96%.

Pacio has proven this in over 700 businesses engaged in Manufacturing / Trades / Services / Retail / Wholesale / etc. Please contact us for references.



TEA automates internal and external auditing in real-time. TEA creates an immutable, third ledger managed by an independent third party. This greatly reduces fraudulent actions. It also provides managers with the tools to turn the company around financially.



It’s not too early – early inventors failed due to technical limits. It’s not too late – we needed the immutability of the new decentralized ledger technology.

Competition / Opportunity


Facebook needed Libra so it formed a coalition. So will Pacio. The lack of direct competition creates opportunity. The market size of indirect competition* scales the opportunity.

* Auditing firms, accounting software vendors, CPAs, regulating bodies



Pacio is the independent manager of TEA.

  1. We sell tools and integration to the auditing/financial services companies

  2. We sell transactional invoicing to corporations

Business model


Adoption and growth phase:

Every 0.1% of the global invoice market at 1 cent
transaction cost per invoice means $5 million in revenue.



Owning accounting

David Hartley became one of Australia’s leading entrepreneurs, supplying software and hardware for the Accountancy Profession and enterprises in 15 countries.

Keith Cleland is professor and head of Financial Management – Global MBA, Institute of International Business Relations, Steinbeis University Berlin.

Trevor Watters has been building and selling tax and TARI® productivity improving management software since the 1980s.

David, Keith, and Trevor are the leading authorities on TEA thought leadership.



Using its first investment capital of $600,000, Pacio built the protocol that makes TEA possible. Today, we can handle 10% of the global invoice market.



This funding round will build the TEA client software and launch business development.


TEA is a win-win for all stakeholders.
Financial statements and accounting will become
transparent, efficient and trustable.

Become part of it. Get in touch: