# Monto

> Monto connects suppliers’ accounting systems to the accounts-payable portals their enterprise customers require. Its cloud software validates and submits invoices, monitors purchase orders and payment status, and gives finance teams one place to handle exceptions across more than 500 portals, according to the company.

- **Founded:** 2021
- **Headquarters:** New York, United States
- **Founders:** Maya Cohen (CEO), Nitsan Yerushalmi (CCO), Gabriel Wertheimer (CPO), Yoav Shotland (CTO)
- **Products:** Monto invoice-to-payment platform, Monto partner integrations
- **Notable:** Announced a USD 9 million seed round and a New York office in July 2024., Reported nearly USD 1 billion in supplier collections and more than 300 portal connections at the 2024 announcement., Current homepage advertises more than 500 supported AP portals and over USD 10 billion collected for customers; company-reported cumulative activity, not revenue.

## Products & services

- **Monto invoice-to-payment platform** — Cloud software connecting ERPs with customer AP portals for invoice validation, delivery, purchase-order tracking, payment confirmation and a consolidated status dashboard. Direct integrations and API, email and upload intake are offered.
- **Monto partner integrations** — API-based connectivity for AR automation vendors, order-to-cash platforms, payment processors, consultants and financial institutions.

## Achievements

- Announced a USD 9 million seed round and a New York office in July 2024.
- Reported nearly USD 1 billion in supplier collections and more than 300 portal connections at the 2024 announcement.
- Current homepage advertises more than 500 supported AP portals and over USD 10 billion collected for customers; company-reported cumulative activity, not revenue.
- ECI case study reports 90% zero-touch portal invoicing across 11 portals.
- Imagine case study reports 95% zero-touch execution and a 34% tDSO reduction.
- Demandbase case study reports 76.8% zero-touch processing and payment seven days faster.

## Latest updates

- **2026-10** — CTO Yoav Shotland published a PO-mismatch and invoice-rejection FAQ on October 15, explaining matching requirements and customer-reported outcomes.
- **2026-09** — Published ECI and Demandbase customer stories on September 23, with reported automation rates of 90% and 76.8%, respectively.
- **2026-09** — Published Imagine customer story on September 6, reporting 95% zero-touch execution, 8,700+ hours saved and 34% lower tDSO.

## Links

- Website: https://montopay.com/
- LinkedIn: https://www.linkedin.com/company/monto-pay/

---

Profile page: https://yespress.io/monto
Published by YesPress — https://yespress.io
Last updated: 2026-10-25