Monk launches Credit Management for better credit decisions

NEW YORK, September 3, 2026, Monk, an AI-native accounts receivable platform, has launched Credit Management, a tool designed to help businesses make more informed credit decisions. The new feature combines internal payment data with external credit information to provide a comprehensive view of a customer's risk, enabling finance teams to set credit limits more accurately and reduce days sales outstanding (DSO).

Traditionally, many businesses have relied on credit bureau reports and static spreadsheets to determine credit limits, a process that often fails to capture real-time payment behavior. This can lead to unexpected late payments, as demonstrated by the common scenario where a customer looks fine on paper but fails to pay an invoice 60 days past due.

Monk's Credit Management addresses this gap by integrating directly into a company's existing systems. It pulls data from the company's collections process and ERP (Enterprise Resource Planning) systems, providing a detailed view of how a customer pays. According to Monk, this internal payment history is a powerful predictor of future payment behavior, as it reflects the customer's actual payment habits, including disputes and short payments.

"The best information for making a credit decision is how a customer has paid you in the past, and that information is often right in front of you," said George Kurdin, CEO and cofounder of Monk. "We're just helping businesses leverage this data to make more accurate and timely credit decisions."

Credit Management presents this internal view alongside the external credit information that a company may already be using, such as data from credit bureaus or commercial data providers. Monk's system then generates a credit report with a suggested credit limit, which can be quickly approved by a finance leader. This streamlined process reduces the time needed for credit reviews and helps businesses manage their receivables more effectively.

Monk claims that its platform is already in use for managing over $2 billion in receivables, and it has achieved an average 40% reduction in DSO for its customers. The company is SOC 2 Type II compliant, ensuring that the data it processes is secure.

"Credit is one of the last finance decisions still made on instinct," Kurdin added. "With Monk, businesses can make these decisions based on real data, rather than guesswork."