Automate factoring accounting
Automate factoring accounting with Monetta: a practical, on-prem approach built for Azerbaijani teams.
Enterprise Factoring Automation and Accounting
Monetta is a comprehensive factoring application engineered for banks, specialized factoring companies, and corporate entities that provide financing to their suppliers. By unifying the two critical halves of the business—online deal execution and portfolio book management—it eliminates the fragmentation typically found in financial operations. The platform provides a seamless end-to-end environment where the entire lifecycle of a deal, from the initial invoice submission to final repayment, is managed within a single, integrated system. Designed specifically to replace manual processes and fragile spreadsheets, Monetta leverages a professional double-entry accounting core to ensure financial integrity. The system is fully localized for the Azerbaijani market, featuring bilingual interfaces and compliance with local standards such as Forma #2 acceptance. Whether deployed as a white-label solution or integrated into existing corporate infrastructure, Monetta provides the structural rigor required for institutional financing while maintaining the flexibility to adapt to specific legal and branding requirements.
Strategic Advantages of Monetta
Eliminate manual accounting errors through a true double-entry core that automates daily accruals and late-payment charges.
Accelerate funding cycles with automated approval workflows featuring strict working-hour deadlines and flexible reassignment.
Ensure absolute legal validity with integrated electronic signatures for buyer acceptance, supplier offers, and factor counter-signing.
Guarantee full audit transparency with a system where every action and numerical change is attributable and reconstructable.
Maintain total data sovereignty by deploying the solution on your own private infrastructure.
Reduce operational friction with native Azerbaijani localization, including local working-day calendars and Forma #2 support.
Core Capabilities
End-to-End Deal Management
Manage the entire lifecycle from supplier invoice submission and buyer acceptance to committee approval and fund disbursement.
Professional Accounting Core
Automate daily accruals, cost of funding, and late-payment charges, producing trial balances and general ledgers.
Dynamic Rate Cards
Freeze fees, reserves, and repayment dates based on supplier-buyer pairs to ensure signed deals remain unchanged by later price updates.
Management Dashboard
Track P&L, portfolio exposure by buyer and supplier, and available funding capacity through a dedicated planner.
Custom Document Generation
Generate contracts, annexes, and payment requests using your own editable templates.
Azerbaijan Localization
Built-in support for Forma #2 acceptance, local working-day calendars, and bilingual interfaces.
The Factoring Workflow
Frequently Asked Questions
How does Monetta handle the transition from legacy spreadsheet books?
The system features a built-in importer designed to migrate existing spreadsheet data. To ensure accuracy, all imported figures are rigorously checked against the old records before the final cut-over to the new system.
Can we customize the branding and legal documentation?
Yes, Monetta is white-label ready. You can apply your own branding and utilize your own editable templates for contracts, annexes, and buyer-consent letters without requiring any code changes.
How are approval deadlines and bottlenecks managed?
Every approval step is assigned a deadline in working hours. If a case remains undecided, it is automatically returned. Additionally, a step can be handed to another approver without resetting the clock, ensuring accountability.
How does the system ensure that price changes don't affect existing deals?
Fees, reserves, and repayment dates are derived from a rate card agreed upon for each specific supplier-buyer pair. Once a deal is signed, these terms are frozen, meaning subsequent changes to the rate card never alter a signed agreement.
What specific accounting outputs does the system provide?
Unlike standard spreadsheets, Monetta's double-entry core produces professional financial outputs, including trial balances, general ledgers, and detailed counterparty statements.
Ready to modernize your factoring operations?
Contact Allmaz to implement Monetta on your own infrastructure today.
Request a demo