Monit - Business banking simplified

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Bill pay

No more missed invoice payments

Streamline your accounts payable and eliminate costly errors with automation. Effortlessly capture, process, approve, pay, and manage invoices all in one platform

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Incoming invoices

No more manual data entry

Simplify incoming invoice management by automating tedious tasks like invoice collection and data entry.

With a dedicated invoices inbox and mobile upload options, invoices are sent directly to Monit, where OCR technology automatically extracts and populates the data for you — saving you valuable hours

Simplify incoming invoice management by automating tedious tasks like invoice collection and data entry.

Approval and processing

Better control and visibility

Streamline approvals with our automated processes, ensuring the right people review the right invoices without unnecessary back-and-forth.

Real-time invoice tracking keeps you informed of every payment's status — whether awaiting approval or encountering a failed payment, you’ll always stay in the loop

Streamline approvals with our automated processes, ensuring the right people review the right invoices without unnecessary back-and-forth.

Real-time invoice tracking keeps you informed of every payment's status — whether awaiting approval or encountering a failed payment, you’ll always stay in the loop

Local and multi currency transfer

Cheaper and better

Pay your vendors with local transfers and support multi currency payment at rates more affordable than your traditional banks

Say goodbye to duplicate payments, late fees, and unhappy suppliers

Pay your vendors with local transfers and support multi currency payment at rates more affordable than your traditional banks

Say goodbye to duplicate payments, late fees, and unhappy suppliers

Manage your invoices from start to finish

Better visibility

Easily view and manage all your supplier invoices in one centralized location, accessible anytime, anywhere

Custom approvals

Customize approval workflows to suit your needs. Once an invoice is approved, Monit ensures it gets paid on time

Access anywhere

Your team can scan and upload invoices, while admins review and process payments anytime, anywhere

Automated tax

Generate withholding certificates, and send them to your vendors — all without switching between systems

Automated bookkeeping

Integrate your Monit account to your favorite accounting software or ERP system to speed up your close-end book

Simplify invoice management for everyone

Finance teams

Gain complete clarity on your accounts payable without ever spending time on tedious data entry or tracking down documents.

Employees

Less than 20 seconds, you can submit an invoice for approval, check its payment status, and receive notifications if action is required.

Bookkeepers

Say goodbye to messy spreadsheets. Easily download data in your preferred format or connect directly to Xero, Netsuite, and more