Logo of Monto

Monto

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Last updated on

Company health

Employee growth
177% increase in the last year
Web traffic
58% decrease in the last quarter
Financing
April 2024 - $9M

Ratings

G2
4.5/5
(9)

Monto description

Monto is a payment processing software designed for mid-sized to large businesses in the USA. It simplifies the process of sending, tracking, and collecting invoices from customers who use various online payment portals. Monto automates the entire invoice workflow, eliminating manual data entry and reducing errors. This allows your team to receive payments faster and focus on other important tasks. Monto integrates with over 300 AP portals.


Who is Monto best for

Monto is a robust payment processing solution designed for mid-sized to large businesses in the USA. It automates invoice workflows, seamlessly integrating with over 300 AP portals and popular ERP systems. This eliminates manual data entry, reduces errors, and accelerates payment processing. Monto is a great fit for companies looking to streamline their financial operations and improve cash flow.

  • Best for medium businesses (101-1000 employees) and large enterprises (1001+ employees).

  • Ideal for finance, banking, insurance, manufacturing, and software/IT companies.


Monto features

Supported

Monto integrates with over 300 AP portals, streamlining invoicing and reconciliation.

Supported

Monto allows creating invoices, sending them to customers, and tracking payments.

Supported

Monto allows tracking invoice status, including viewed and paid status.

Supported

Monto integrates with ERP systems like QuickBooks, SAP, and others.


Monto pricing

See the Monto pricing page.


Monto alternatives

  • Logo of Stampli
    Stampli
    AP automation that streamlines invoice processing and approvals.
    Read more
  • Logo of Factura.ai
    Factura.ai
    Automated invoice processing and payments for multi-location businesses.
    Read more
  • Logo of AvidXchange
    AvidXchange
    Automated invoice and payment processing for smoother business.
    Read more
  • Logo of Yooz
    Yooz
    Automated invoice processing. Saves time and money. Cloud-based.
    Read more
  • Logo of Rillion
    Rillion
    Automate, control, and simplify your bill payments.
    Read more
  • Logo of Fortis
    Fortis
    Automated payments, integrated with ERP, simplifying business finances.
    Read more

Monto FAQ

  • What is Monto and what does Monto do?

    Monto is a payment processing software for mid-sized to large businesses in the USA. It automates invoice workflows, from sending and tracking to collecting payments via various online portals. Integrating with over 300 AP portals, Monto helps businesses receive payments faster and improve efficiency.

  • How does Monto integrate with other tools?

    Monto integrates with over 300 AP portals, streamlining invoice processing and reconciliation. It also connects with various ERP systems, including QuickBooks and SAP, to further enhance automation and financial management.

  • What the main competitors of Monto?

    Top Monto alternatives include Chargezoom, FinFloh, and Routable. These competitors offer similar features like automated invoice processing, payment tracking, and integrations with various accounting systems. Xero and REPAY are also potential alternatives for businesses seeking online accounting and payment solutions.

  • Is Monto legit?

    Monto appears to be a legitimate software. It integrates with over 300 AP portals and automates invoice processing, which can improve cash flow. Monto primarily serves mid-sized to large businesses.

  • How much does Monto cost?

    I couldn't find pricing details for Monto. For the most current pricing information, it's best to visit Monto's website or contact their sales team directly. This will help determine if Monto is worth the investment for your needs.

  • Is Monto customer service good?

    Monto's customer support is frequently praised in reviews. Users highlight the team's responsiveness and helpfulness in resolving issues and offering solutions. Customers appreciate the support's role in streamlining the often complex process of managing invoices across multiple portals.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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