Pay multiple vendors with one click
Process hundreds of payments in minutes with Monit's batch payment solution. Save time, reduce errors, and maintain complete control over your payment operations.
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How batch payment works with Monit
Upload the template
Upload your payment list using our CSV or Excel template. Simply fill in vendor details, amounts, and payment dates.
Approval flows
Configure custom approval workflows based on payment amounts and departments. Approvers receive instant notifications and can review all payment details before approving the batch with a single click.
Pay the batch
Execute all approved payments simultaneously with one click. Track payment status in real-time, receive notifications upon completion, and access detailed reports for reconciliation.
Monit vs Traditional banks
| Features | Monit | Traditional banks |
|---|---|---|
| Checksum software | No need to install any software. Access batch payments directly from your browser on any device. | Yes, and it only supports Windows operating system. |
| Fees | IDR 1,500 per transfer for all banks with real-time processing. | IDR 5,000 per transfer for real-time processing. |
| Approvals | Multi-layer approval workflows with customizable rules based on amount, department, or vendor. | Maker and releaser approval only |
Perfect for any payment scenario
Vendor Payments
Pay multiple suppliers at once for smooth operations
Payroll
Process employee salaries and bonuses efficiently
Refunds
Issue customer refunds in bulk quickly
Commissions
Distribute partner and affiliate commissions
A solution that scales with you
See how our customers are transforming their accounts payable process
Bababos
From 1000 invoices chaos to streamlined efficiency
Challenge
Bababos faced overwhelming challenges managing 1000 invoices per month using traditional approaches, leading to delays and errors in their payment process.
Solution
With Monit, Bababos leverages OCR technology for fast invoice submissions and maintains full control through customizable approval flows, transforming their accounts payable process.
Get started in just 5 minutes
Once you sign in to the platform, you can create cards in just a few clicks!
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