Each approval step carries a decision deadline in working hours. An undecided case is returned automatically, and a step can be handed to another approver without resetting the clock.
The usual failure in an approval chain is not rejection but silence — a case sitting with someone on leave while the supplier waits. Monetta puts a working-hours deadline on every step, returns a case that goes undecided, and lets a step be handed to another approver without restarting the clock the supplier is waiting on.
Every approval step carries a decision deadline in working hours.
An undecided case is returned automatically.
A step can be reassigned without resetting the clock.
The local working-day calendar is built in.
Every decision is attributable for later audit.
The step can be handed to another approver without resetting the deadline, and an undecided case returns automatically.
Working hours, on the local working-day calendar.
Yes. Every action and number is attributable and reconstructable for audit.
Supplier submits, buyer accepts, the committee approves, money is disbursed and repaid.
Accruals, funding cost, repayments and late charges compute themselves and stay in balance.
Buyer acceptance, the supplier signing, and the factor counter-signing — all electronic.
Profit and loss, exposure by counterparty, funding position and a capacity planner.
See the complete product: problem, features, how it works and deployment.
Request a demo to see an invoice financed from submission to repayment — and the books it produces.