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June 14, 2026 in Artificial Intelligence

Monk Brings AI-Powered AR Automation to Automate 2026, Surpasses $1B in Receivables Under Management

CHICAGO — Monk, the AI-driven accounts receivable automation platform for B2B companies, will debut at Automate 2026 (June 22–25, McCormick Place, Chicago) as one of the first pure-play AR automation companies to exhibit at North America's largest automation showcase.

The appearance marks a milestone for Monk, which now manages over $1 billion in accounts receivable on behalf of its customers and delivers results that most finance teams previously considered out of reach without significant headcount investment: a 40% average reduction in days sales outstanding (DSO) and an 84.7% automation rate across collections workflows.

Monk deploys AI agents that handle the full collections cycle, sending invoice reminders, following up with customers across email and other channels, escalating aged receivables, closing the loop with automated cash application, and logging every interaction, all without human intervention on routine tasks. The platform integrates natively with Stripe, NetSuite, Sage, QuickBooks, and other billing systems, giving finance teams a real-time view of their collections pipeline from day one.


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"Finance automation has largely meant automating the easy stuff, expense approvals, payment processing. Collections and cash application have always been the hard, human-intensive part. Monk changes that." said George Kurdin, Co-Founder and CEO of Monk.

At Automate 2026, Monk will be showcasing live demos of its agent workflows, available to mid-market finance and operations teams looking to eliminate manual AR work and accelerate cash flow.

About Monk Monk is an AI-driven accounts receivable automation platform built for B2B companies. By deploying autonomous AI agents across the collections cycle, Monk helps finance teams reduce DSO, improve cash flow, and scale without adding headcount.

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