Cash, applied the moment it lands
Monk auto-applies every incoming payment to the right open invoice, including partial payments, parent-child hierarchies, and one payment split across many invoices. It posts the result to your ERP. Your books stay current without copy-paste.
The numbers
One cash process. Three people freed
The copy-paste grind is over
Monk matches payments to invoices on its own and sends you only the true exceptions.
Books that are always right
Cash is applied and posted back to your ERP in near real time, so month-end holds no cleanup.
The finance hire you have not made yet
When AR is on your desk, Monk keeps every payment matched and the books clean on its own, so you run the business instead of chasing cash.
Get paid faster, with no cash left stranded
80% auto-match. 95% with suggested rules. Monk catches what others miss
Partial payments, parent-child structures, and one wire across many invoices. Monk handles what the 60-85% cap leaves behind.
Rules you own, drawn from your own history
Exclusion and matching rules, suggested from your own unmatched payments.
Confidence you can set
Auto-apply the matches Monk is sure of, send the rest to a review queue. Nothing is applied on a guess.
Monk matches through the final mile
Matches what others miss
Partial, parent-child, one wire across many invoices, past the 60-85% cap that stalls HighRadius and Esker.
Rulesets you control
Exclusion and matching rules, suggested from your unmatched history.
Confidence threshold
Auto-apply the sure matches, route the rest to review.
If you're in a finance at a fast growing start-up, you should absolutely be using Monk.
Everything about AI cash application
What is AI cash application?
Cash application is the work of matching each incoming customer payment to the open invoice it pays and posting it to your accounting system. Monk does it automatically, including the payments that cover part of an invoice or span several at once.
How is Monk different from matching by hand?
Monk matches incoming payments to invoices and posts them back to your ERP, leaving only true exceptions for your team to review.
Does Monk handle partial payments and parent-child hierarchies?
Yes. Monk handles partial payments, parent-child structures, and one payment covering multiple invoices.
How does Monk handle exceptions and low-confidence matches?
You set the confidence threshold. Monk applies sure matches automatically and sends the rest to a review queue.
What ERPs does Monk post back to?
Monk posts matched payments back to your connected ERP. Contact the team to confirm your specific integration.