Finance accepted receivables
Finance accepted receivables with Monetta: a practical, on-prem approach built for Azerbaijani teams.
Digitize and Automate Receivables Financing
Monetta is a comprehensive factoring application engineered for banks, factoring companies, and corporates seeking to optimize how they finance their suppliers. By replacing fragmented spreadsheets and manual tracking, it provides a single end-to-end system that covers both halves of the business: the operational execution of deals online and the rigorous maintenance of portfolio books. This unified approach ensures that every stage of the financing lifecycle is synchronized, reducing operational friction and increasing transparency. The platform streamlines the entire process from the moment a supplier submits an invoice to the final repayment. It integrates critical business functions—such as approval committee workflows, electronic signatures, and a professional double-entry accounting core—into one environment. Specifically built for the Azerbaijani market, Monetta combines local regulatory requirements with global financial standards, allowing institutions to scale their factoring operations with confidence and precision.
Strategic Advantages of Monetta
End-to-end workflow automation from initial invoice submission to final repayment
Elimination of manual accounting errors through a professional double-entry core
Full localization for Azerbaijan, including Forma #2 acceptance and local calendars
Enterprise-grade security with on-premises deployment on your own infrastructure
Complete auditability with reconstructable records for every action and financial figure
White-label flexibility for custom branding and legal templates without code changes
Core Capabilities
Automated Deal Workflow
Suppliers request financing and buyers accept online. The system manages approval committees with strict working-hour deadlines and automatic case returns.
Professional Accounting Core
A true double-entry system that computes daily accruals, funding costs, and late charges, producing trial balances and general ledgers.
Dynamic Rate Management
Fees and advance amounts are pulled from supplier-buyer rate cards and frozen upon signing to ensure price stability for the deal.
Digital Documentation
Integrated electronic signatures for contracts and offers, with document generation based on your own editable templates.
Management Dashboard
Real-time visibility into P&L, portfolio exposure by counterparty, funding availability, and factoring capacity planning.
The Financing Process
Frequently Asked Questions
Is the system localized for the Azerbaijani market?
Yes. Monetta is built for Azerbaijan, featuring Azerbaijani and English interfaces, support for Forma #2 acceptance, electronic signatures, and the local working-day calendar.
How are existing records migrated from spreadsheets?
The system includes a built-in importer to move existing spreadsheet books. All migrated data is checked against the original figures before the final cut-over to ensure accuracy.
Where is the data hosted and how is it secured?
The solution is deployed directly on the customer's own infrastructure. This ensures the client maintains full control over data residency and security protocols.
Can we customize the legal documents and branding?
Yes. Monetta is white-label ready. You can use your own editable templates for contracts, annexes, and payment requests, and apply your own branding without requiring code changes.
How does the system handle approval deadlines?
Every approval step is assigned a deadline in working hours. If a case remains undecided, it is automatically returned, and steps can be reassigned to other approvers without resetting the clock.
Ready to modernize your factoring operations?
Contact Allmaz to deploy Monetta on your infrastructure and move beyond spreadsheets.
Request a demo