Few things in life are as special as doing meaningful work with great people.
We offer both.
We outgrew our first office. The people who made that happen are featured here.
Farewell USQ. Flatiron, here we come.
team constantly shipping more new features designed to reduce manual workflows, stop chasing, and put your AR on autopilot
three callouts from july 1 - 15 changelog
Picture thousands of data points a day, checks, wires, ACH, lumped lockbox deposits, set against hundreds of open invoices, emails about partial payments, one deposit split across multiple invoices...
and someone on a finance team trying to match the chaos to the bank statement.
Imagine sending the wrong invoice to Chef Nobu Matsuhisa.
Alaskan Salmon Co supplies Nobu, TAO, and Sagaya. At that tier, one invoice error costs a relationship.
They moved AR to Monk:
→ 1-30 day aging down 85%
→ 90-120 day down 43%
A fully managed AR operation that keeps
admiral Rickover ran the US Navy's nuclear reactor program for 66 years with 0 reactor accidents
the soviets had 14
LLMs are probabilistic and accounts receivable has zero margin for error. get one thing wrong and it is an issue, for which we are correctly responsible
in
Before his journey as a founder, @GeorgeKurdin played more than 1.5 million hands of professional poker. His longest session ran about 60 hours. He spent 6 years learning to love variance, the part of poker where a worse player can get lucky and beat you on any given night.
Then
Monk now manages $1.4B in AR
The number climbs as Julia, our ai collections agent, works around the clock to collect with your customers
Go behind the scenes with @francescocoacci as he breaks down eng process building her in the latest Shipped Series
Francesco walks through why he built her, how she decides what to say, and the one rule she never breaks: she never acts on a guess.
Read the full story:
In AR, the edge cases are often the rule, not the exception. Nearly 40% of cash flow stalls come from small misfires in the AP process:
- missing W-9
- PO that doesn't match
- approver out of office
- portal rejection
The standard collections playbook has no answer for this. A
the goalposts are moving every time a new ai model ships. when things speed up, i come back to a book i reread, Man's Search for Meaning
one of my big takeaways is that we're each responsible for finding meaning
Frankl writes about three ways to find meaning, and i see all
Ready for a little independence from manual collections?
Julia chases invoices, applies your payments, and keeps cash flow running.
Happy 4th from your team at Monk.
cash flow is the new growth metric
deloitte surveyed 2,313 us public companies and found
revenue +6.8%
ebitda +9.9%
but cash conversion moved less than a day
receivables got worse
revenue isn't cash. but it can be
Last week, we invited the top engineers, marketers, and salespeople in NYC to @TheShortlistNYC June Founder Showcase.
24 hours later, we made >30 introductions, connecting them with the CEOs of the fastest-growing tech startups.
After observing how dozens of founders hire, I've
welcoming William Morin to the team at @usemonk
on the GTM side William grew up in Virginia and studied philosophy and political economy at Georgetown. he is another former founder on the team
William has always cared about helping business leaders. he built a company to staff
most software stats launch and never move, but in finance it has to be the opposite
recently i shared that 86.7% of collections on Monk require zero human intervention
that number is now 88.2% and climbing
this percentage jump is not a launched stat. it represents the next
