Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Monk is an innovative accounts receivable platform that leverages artificial intelligence to fully automate the entire “contract-to-cash” process, seamlessly integrating contracts, invoices, and collections into a cohesive intelligent workflow. The platform employs cutting-edge AI models to analyze contracts and extract essential details like pricing, billing terms, and obligations, transforming this data into invoices and schedules while providing instant updates without the need for human involvement. In contrast to conventional systems that depend on significant manual input or delayed batch processing, Monk is designed as an AI-native solution, allowing for nearly instantaneous handling of financial transactions and addressing the common delays seen in traditional workflows. By consolidating all accounts receivable functions—ranging from invoicing and collections to cash application—Monk creates a single, efficient system that benefits from smart workflows and real-time tracking. Additionally, it streamlines various repetitive tasks including payment reminders, escalations, and managing exceptions, thus enhancing overall operational efficiency. This comprehensive automation not only reduces workload but also improves the accuracy and speed of financial operations significantly.

Description

Unpaid invoices, also known as receivables, are the most cost-effective source of capital for any business. It is a problem that all businesses, even corporates, have to manage well. Although 'Customer Intent" is often cited as the main problem, the real reason is the traditional, inefficient and disjointed collections process. These workflows are not addressed by CRMs or ERPs. This is further exacerbated by the inability to utilise other financial services for AR (eg, bureau data, risk scores, etc). This results in slow growth and high costs of collections. This is made worse by macro events such as downturns and pandemics. Numberz is an analytics-based cloud solution for enterprise B2B receivables (Invoice-2 Cash) that integrates with ERPs/Accounting software and Financial Services. This makes 'getting paid" easier, faster, and more predictable.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Elate
ElevenLabs
Flint
GoodShip
Oracle CRM On Demand
Paraform
Profound
Pump
QuickBooks Accountants
SAP Analytics Cloud
Siro
Subject
TallyPrime
Tenor
Unify

Integrations

Elate
ElevenLabs
Flint
GoodShip
Oracle CRM On Demand
Paraform
Profound
Pump
QuickBooks Accountants
SAP Analytics Cloud
Siro
Subject
TallyPrime
Tenor
Unify

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Monk

Founded

2024

Country

United States

Website

monk.com

Vendor Details

Company Name

numberz

Founded

2015

Country

India

Website

www.numberz.co

Product Features

Accounts Receivable

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

Product Features

Accounts Receivable

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

Alternatives

Alternatives

Invoiced Reviews

Invoiced

Invoiced.com
ONE Collect Reviews

ONE Collect

ONE Business Consulting Group
Inebura Reviews

Inebura

TanServ Business Process