Introducing Payment Risk Report (now in beta)

Most AR reporting flags risk based on how overdue an invoice is, which is useful for prioritizing collections but tells you nothing until the invoice is already late. Monk's new Payment Risk report, currently in beta, flags accounts likely to pay late before they do.

The Payment Risk Report is the newest addition to the Monk toolkit. It reads payment history, shifts in payment behavior, and how responsive an account has been, all in real time, and flags at-risk accounts before they're overdue, not after.

What the report does

The Payment Risk report compares a customer's current payment timing against their own historical cadence rather than a blanket policy. A customer who normally settles in 20 days and is trending toward 32 days on an invoice that isn't even due yet shows up as a risk signal, even though nothing is technically overdue.

The report surfaces three things per account:

• Days since the customer's last invoice settlement, compared to their normal cadence.
• Exposure coming due in the next 30, 60, or 90 days.
• How far current behavior has drifted from historical pattern.

We wrote more broadly about why payment behavior is a better predictor than overdue status in our piece on predicting who will pay. This report is the concrete tool built on that idea.

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What to do with an early signal

An early warning is only useful if it changes what happens next, and the right response is rarely an aggressive collections push, since the invoice may not even be due yet. It's usually a lighter check-in, a review of current exposure, or a note to whoever owns the renewal conversation.

Book a demo to see the feature in action.