Audience

Controllers, AR managers and finance operations teams at B2B companies that invoice enterprise customers through AP portals

About Monk

Monk is an AI-native accounts receivable platform that automates invoice to cash for B2B finance teams: invoicing, AP portal submission, collections and cash application, on top of your existing ERP.

Across the $2B+ in receivables Monk manages, 92% of enterprise invoices have to be submitted through a corporate AP portal rather than paid from an emailed invoice. Monk submits into more than 600 of them, including Coupa, Ariba and SAP Business Network, and uploads 87% autonomously.

Julia, the Monk agent for Intelligent Collections, reads customer replies and responds to what was written rather than advancing a fixed dunning sequence. 90% of invoices resolve without escalation. Email sends from your own mailbox via Gmail or Microsoft 365, so there is no new sending domain.

Payments match to open invoices at 80%, rising to 95% with rules your team configures.

Connects to QuickBooks, NetSuite and Dynamics 365 Business Central. Live in one to three days. SOC 2 Type II.

Integrations

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Company Information

Monk
Founded: 2024
United States
monk.com

Videos and Screen Captures

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Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Videos
Support
Online

Monk Frequently Asked Questions

Q: What kinds of users and organization types does Monk work with?
Q: What languages does Monk support in their product?
Q: What other applications or services does Monk integrate with?
Q: What type of training does Monk provide?

Monk Product Features

Accounts Receivable

Online Payment Processing
Overpayment Processing
Check Processing
Partial Payments
Receivables Ledger
Collections Management
ACH Payment Processing
Billing & Invoicing
Recurring Billing

Billing and Invoicing

Recurring/Subscription Billing
Online Payments
Online Invoicing
Contingency Billing
Project Billing
Mobile Payments
Service Ticket Billing
Invoice History
Customizable Invoices
Multi-Currency
Hourly Billing
Customer Portal
Billing Portal
Payment Processing
Contact Database
Dunning Management
Tax Calculator

Debt Collection

Auto Dialer
Compliance Management
Contact Management
Client Management
Commission Management
Payment Plans
Agency Management
In-House Collections
Credit Bureau Reporting
Transaction Management
Callback Scheduling
Automated Notices

Monk Additional Categories