Automate AR so you can build, not chase invoices
Process the most complex contracts, get invoices out on time, collect with intelligent follow-ups and free yourself from busywork.
Foundation
Why we exist
We built Monk for ambitious founders and finance teams who are done wasting time on invoicing and chasing payments. AR has been stuck in spreadsheets and manual busywork for too long. We exist to get you paid faster and to give you back time so that you can grow your business.
Process the most complex contracts without the busy work
98.8% processing accuracy
Turning contracts into invoices shouldn’t take hours. Monk does the data entry for you, handles any commercial term, and sends invoices on time. You save time, avoid errors, and never miss a billing date.
Get paid without chasing
+18 hrs/week saved
Chasing customers is slow and frustrating. Dunning emails don’t work. Monk’s agent follows up with empathy and receives on avg. 24% higher responses vs dunning emails. Payments are tracked and matched, so you always know what’s been collected.
Real-time reports. No google sheets.No waiting until month-end
$22M collected Q2
Finance shouldn’t live in messy spreadsheets. Monk keeps schedules, renewals, and aging in one place, updated automatically. No more manual tracking.
Exceptions
Edge cases are responsible for 45% of the slowdown in cashflow. We solve the issues others ignore
Approver on leave
Automatically handle approval workflows when designated approvers are out of office.
PO or Custom Fields missing
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Validation to catch missing purchase order numbers, preventing delays that slow down payment.
Upload to Coupa, Ariba, and other portals
Automation with enterprise procurement systems. All work handled for your team.
AP vendor setup
Delegate AP provider vendor portal, custom email support, and phone-based verification for wire payments.
Approval Delays
Proactive monitoring and escalation of approval bottlenecks, with automated reminders and alternative approval routing.
W9 Missing
Handle W9s, bank letters, and phone call verification required for payment compliance.
Partners
Save hours in week 1. Cut DSO in 30 days
Go live in a weekend with best-in-class customer support. Yes, we are online 7D/week to help.
Share contracts
Upload contracts to Monk and connect your ERP. We handle setup. Zero eng ask from your team. 7D/week support for the duration of the relationship (not just the integration).
Go live with Monk
We configure your platform and adjust invoice tonality. You start saving time right away and seeing cash-on-hand increase.
We evolve with your business
As your business grows and your sales team signs more complex deals - we support you.
Testimonials
Customers with Monk achieve more every day
"We were frustrated with invoicing. Cash on hand was lagging contracts signed. My team can now focus on running the business."
James Cadwallader
CEO, Profound
"I would have to hire a team of 3 to replace what Monk is doing for us today."
Jon Shin
COO, ASC
"Revenue reporting and collections were an issue after we expanded to EU. Monk helped us scale."
Markus Maute
CEO, Abler
"I can 100% focus on demos and driving revenue, knowing admin and chasing customers is
Matt Brown
Growth, Profound
Workflow
The Monk Process
Our founding team owned P&Ls from $5 to $240M. Everything we do is centered around making the life of a COO, CFO, or Founder easier.
Set your rules - once
Define tone, escalation thresholds, and exceptions.
Let Monk work for you
Outreach, invoice tracking, and follow-ups are automated. Edge cases like portal logins, custom AP onboarding for F500s or missing contacts are handled behind the scenes.
Partner with our team
Dedicated slack channel. 4hr response time SLA with 7D/week support.
Grow without replacing your tools
Monk evolves with your business. Support for new contract types and reporting needs is available. We do not take % of your revenue.
Understand your metrics
Real-time reporting on DSO, aging, cashflow and more. Always uptodate. Complete revenue and customer view across Stripe and your sales-led motion.
Results
It is time to deploy gen-AI solutions to accelerate your business.
+37%
Average increase in cash on hand
Monk AI delivers 24% higher response rate relative to standard dunning emails. One customer reported a 122% increase in cash-on-hand in month 1 after monk was deployed.
18hrs
Time saved
Reported time savings from customers. Time earned back allows sales and finance teams to drive the business forward.
$22m
Collected in Q2 CY25
Intelligent collections grow cash flow, lead to healthier customer relationships and protect your team from manual work.
FAQ
Answers to questions you may have
What is Monk?
Monk automates your accounts receivable from contract to cash using AI, real-time tracking, and smart workflows.
How much does the Monk platform cost?
Pricing scales with business volume. Book a demo to learn more.
What is the best way to partner?
Start with a pilot. Connect your tools, define your rules, and get results in week 1. Request a demo to learn more.
What businesses does Monk support?
Monk supports fast-growing B2B business
How is my data used?
Your data is encrypted, never sold, and used only to power your AR workflows and to improve performance for your account. It is strictly against our data governance policies to do anything with your data other than to serve you.
Manual AR is death by a thousand cuts
Deploy the Monk platform on your toughest AR problems.
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