Apply cash and track revenue - effortlessly

Monitor tracks and attributes payments to help logistics accounting teams automate work, improve visibility, and accelerate their financial operations.
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Financial data at your fingertips.

Monitor matches transactions to the correct business objects across all your 3PL’s divisions.

Drive efficiency and
reduce errors

Eliminate manual work by automating your cash application processes.

Identify variances in
real-time

Get real-time insight into revenue variances and carrier payment statuses.

Focus on actions that
move the needle

Free time for high-impact work –collections, credit, customer analyses.
"Monitor has cut my cash application work by 90%. I used to spend hours each week applying cash. It now takes minutes, giving me more time for collections and other items on my plate. It just works!”
Christi T.,
Christi T.,Senior Accountant
"Monitor has cut my cash application work by 90%. I used to spend hours each week applying cash. It now takes minutes, giving me more time for collections and other items on my plate. It just works!”
Christi T.,
Christi T.,Senior Accountant

Full automation. Complete control.

Centralize your data for matching

Unify your payments and operations data from across systems for continuous cash application.

  • Import payments data via bank file and remittance parsers.
  • Stream invoice and payable data into the platform via TMS integrations for always on matching.

Apply cash with speed and precision

Our reconciliation engine ties each transaction to the correct business object and flags any payment variance.
  • Apply transactions using two- or three-way matching patterns.
  • Create custom rules to automate edge-cases, such as multiple payer names and reference numbers.

Let no exception slip through

Track unmatched exceptions and apply by hand in an easy and transparent dashboard.
  • Record follow-ups and to-dos with notes and case management tools.
  • Reach out to colleagues and customers to address unapplied transactions.

Sync with confidence

Review applied cash in one place. Post payment across multiple business systems to keep your records up-to-date.

  • Confirm applied transactions and their matched invoices and payables.
  • Update records automatically with pre-built TMS and accounting integrations

Integrations to keep your data in sync

Pre-built TMS and accounting integrations ensure your data is always up to date.

Frequently asked questions

What is cash application?

Cash application is the process of matching bank payments to open invoices and payables in your business systems.

Cash application answers critical business questions:

  • Have customers paid us for our services?
  • Have we paid carriers for their services?
  • Are we getting paid the right amount at the right time?
  • Are we paying carriers the right amount at the right time?
Why does automated cash application matter?

Automated cash application improves productivity by eliminating time spent manually tying each payment to an invoice or payable.

Additionally, automated cash application provides real-time data to help brokers run their back offices more efficiently. This includes identifying payment variances right away, following up on collections, responding to carrier payment status requests, and troubleshooting returned payments.

How does Monitor help with cash application?

Monitor automates your brokerage’s cash application by automatically applying your bank payments to the correct operational item in your TMS or accounting system.

Does Monitor work with multiple TMS and WMS?

Yes, Monitor works across multiple TMS(s), WMS(s), and accounting systems.

Monitor sits on top of your TMS or WMS systems, allowing your brokerage to unify all open invoice and payable data across your numerous platforms.

Monitor unifies your financial data, applies cash against that data, and then syncs data automatically back into the correct system of record.

Experience the future of 

freight financial operations.

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