Monto AI

Monto AI Overview

Monto is the first AI-powered connector between ERP systems and customer portals, addressing the common challenge of managing multiple supplier portals for revenue teams. Monto creates smart integrations between financial systems, facilitating seamless payment and data collection from any A/P platform. It automatically registers and authenticates access to any AP portal, securely storing information to connect with customers in one click. Invoices and data are automatically delivered to all customers using AP portals, transforming error-prone, tedious billing processes into accurate and instant operations. Users can easily monitor orders and payments across platforms, with data consolidated into a single dashboard. Monto provides automatic validation and resolution of billing issues, eliminating stuck invoices and unresolved tasks. The real-time insight dashboard allows for data-driven decisions, keeping users informed on key metrics like TDSO, CEI, and aging buckets.

Cumulative Funding Raised Over Time ($)

Latest News

Jul 30, 2024 · www.calcalistech.com

growth-positive

Monto nets $9 million in Seed funding with promise to curb B2B payment “chaos” | CTech

Monto, an AI connector designed for any ERP, has announced that it has emerged from stealth with $9 million in Seed funding. The round was led by Scale Venture Partners with participation from F2 Venture Capital, Verissimo Ventures, Firsthand Alliance, and Room40 Ventures. Monto helps B2B finance teams get paid from any AP portal used by their enterprise customers by creating smart connections between financial systems such as ERPs and AP portals. The company already serves large businesses across a variety of industries, such as Shutterstock, TechTarget, Miro, and G2.

InvestmentCustomers

Funding

Team Members

2

Employees: 51-200

Web & Social Links

Locations

HaMasger St 35, Tel Aviv-Yafo, Israel

New York, NY, USA

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