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What is Monk?

Monk is a groundbreaking platform for accounts receivable that harnesses the power of artificial intelligence to fully automate the "contract-to-cash" cycle, integrating contracts, invoices, and collections into a unified, intelligent workflow. Utilizing state-of-the-art AI models, the platform meticulously analyzes contracts to extract crucial information such as pricing, billing terms, and obligations, converting this data seamlessly into invoices and schedules while providing immediate updates with no human intervention required. Unlike traditional systems that rely heavily on manual processes or slow batch processing, Monk is crafted as an AI-native solution, enabling the nearly instantaneous execution of financial transactions and effectively resolving the common delays associated with conventional workflows. By integrating all accounts receivable activities—from invoicing and collections to cash application—Monk establishes a singular, streamlined system that takes advantage of intelligent workflows and real-time tracking capabilities. Moreover, it simplifies numerous repetitive tasks including sending payment reminders, managing escalations, and handling exceptions, significantly boosting overall operational efficiency. This holistic approach to automation not only alleviates workload pressures but also markedly enhances both the precision and speed of financial operations, ultimately leading to improved cash flow management for businesses. With the ability to adapt to various business needs, Monk stands poised to redefine the landscape of accounts receivable management.

What is Lunos?

Lunos is the AI partner that manages receivables just like you would. Well, how you would if you worked on it 24/7, never forgot anything and read every message ever sent to you - you get the idea. It sits on top of your existing stack and works with you like a teammate. It gathers all the context, looks at every account individually and collaborates with you, your team and your customers like a co-worker. Lunos agents cover collections, dispute management, reconciliation & cash application, and submitting invoices to your customers' AP portals. 57% of invoices are paid late and 77% of AR teams aren't up-to-date, so finance teams drown under the weight of accounts to manage and endless back-and-forth. Lunos connects with the tools you already use, including NetSuite, QuickBooks and Xero, and you choose the right autonomy mode per customer: Monitor, Suggest or Act. It improves cash flow, saves your team hours every month and gives even your smallest customers human-quality outreach at scale. We're building the agent-to-agent network for B2B commerce. An AI partner, not a piece of workflow software. Better financial results. Much less effort.

Media

Media

Integrations Supported

Elate
ElevenLabs
Flint
GoodShip
Google Workspace
HubSpot CRM
Maxio
Microsoft 365
NetSuite
Profound
Pump
Rillet
Sage Intacct
Salesforce
Slack
Stripe
Subject
Tenor
Unify
Xero

Integrations Supported

Elate
ElevenLabs
Flint
GoodShip
Google Workspace
HubSpot CRM
Maxio
Microsoft 365
NetSuite
Profound
Pump
Rillet
Sage Intacct
Salesforce
Slack
Stripe
Subject
Tenor
Unify
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

On request
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Monk

Date Founded

2024

Company Location

United States

Company Website

monk.com

Company Facts

Organization Name

Lunos

Date Founded

2024

Company Location

United States

Company Website

www.lunos.ai/

Categories and Features

Accounts Receivable

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

Categories and Features

Accounts Receivable

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

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