Monk
AI-native accounts receivable platform that automates the full contract-to-cash lifecycle for B2B companies, with a focus on the hard edge cases — portal uploads, PO mismatches, and disputes — that legacy AR tools hand off to humans.
Evidence notes
Who uses it: Finance teams and CFOs at B2B companies — particularly high-growth tech companies managing recurring or complex revenue streams — who own the AR budget and bear the operational cost of manual collections.[8]+4Reported
Product: Platform ingests contract terms (milestones, usage-based pricing, multi-currency), auto-generates invoices, routes them through customer AP portals (Coupa, Ariba, Fortune 500 systems) with field mapping and validation, then runs intelligent collections that...
Source ledger
- [1]Monk raises $25m Series A to automate receivables
- [2]Monk Wins $25 Million Backing to Grow Receivables Platform - Accountio
- [3]Monk raises $25 million Series A to scale AI-powered accounts receivable platform - PR Fintech
- [4]Monk raises USD $25 million to tackle invoice delays
- [5]Monk Raises $25M Series A to Automate Accounts Receivable With AI | Financial IT