Native Integration with Atlar: Bank Data That Feeds Cash Application

How the Atlar + Monk Integration Powers Invoice to Cash

Corporate Bank Transactions, Synced: Connect Atlar and your corporate bank transactions sync into Monk. No downloaded statements and no manual upload before the reconciliation run.

Cash Applied the Day It Lands: Monk reads the transaction, finds the open invoice and applies it. Matching runs at 80% automatically, rising to 95% with suggested rules that your team owns rather than raising a ticket to change.

Collections That Know What Is Paid: A customer who paid yesterday should not get a reminder today. Bank data reaching Monk on time is what stops that email going out.

Multi-Bank Coverage: Atlar connects corporate bank accounts across providers, which suits groups holding accounts at several banks or in several countries.

Reply-Aware Collections: Julia, the Monk agent for Intelligent Collections, reads inbound replies and responds to what the customer said rather than advancing a fixed dunning sequence. 90% of invoices are resolved without escalation.

What Makes Monk Different

AP Portal Submission: Monk submits invoices into more than 600 corporate accounts payable portals and uploads 87% of them autonomously. Across the $2B+ in receivables Monk manages, 92% of enterprise invoices have to be submitted through a customer's portal rather than paid from an emailed invoice. This is the step most receivables tooling leaves to a person.

Rules You Control: Your team configures matching rules and collections playbooks directly, without raising a request with vendor support.

Fast to Live: Monk goes live in one to three days and is SOC 2 Type II compliant.

Common Use Cases We Support

• Groups banking with several providers that reconcile across accounts
• European and multi-currency operations collecting by bank transfer
• Treasury and finance teams wanting same-day cash visibility
• Companies paid mostly by wire and ACH rather than by card
• Controllers cutting the manual reconciliation block out of month end

Answers to Questions You May Have

What does the Atlar integration do?
It syncs corporate bank transactions from Atlar into Monk, where they are matched against open invoices.

Does Monk move money?
Monk applies cash and runs collections. Payments reach you through your existing rails: ACH, wire, check and credit card processed through Stripe.

How accurate is the matching?
80% of payments match automatically, rising to 95% once suggested matching rules are switched on.

Can we use Atlar alongside Plaid or Mercury?
Yes. Monk supports several banking connections and uses whichever accounts you connect.

How long does it take to go live?
One to three days. Monk manages $2B+ in receivables and is SOC 2 Type II compliant.