Daily accruals, cost of funding, repayments and late-payment charges compute automatically on a true double-entry core — with the outputs a spreadsheet cannot produce.
Most factoring books live in spreadsheets that agree with themselves and nothing else. Monetta computes the portfolio on a true double-entry core, so daily accruals, cost of funding, repayments and late-payment charges follow from the deals automatically — and produces the trial balance, general ledger and counterparty statements a spreadsheet cannot.
Daily accruals, funding cost, repayments and late charges computed automatically.
A true double-entry core that cannot go out of balance.
Trial balance, general ledger and counterparty statements.
Every number reconstructable for audit at any later date.
Existing spreadsheet books move across with a built-in importer.
Yes. A built-in importer moves them and checks them against the old figures before cut-over.
Trial balance, general ledger and counterparty statements, among others.
Yes — every action and number is attributable and reconstructable for audit at any later date.
Supplier submits, buyer accepts, the committee approves, money is disbursed and repaid.
Every approval step carries a working-hours deadline; an undecided case returns automatically.
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.