Accounting
Accounting is a major headache for small businesses. At Monite we automated the key processes — reconciling transactions with documents, managing counterparts, closing tax periods and syncing with accounting providers.
The problem
Accounting is a major headache for SMBs. Monite set out to simplify it by automating the key processes inside the product: invoice reconciliation, counterpart management, document exchange, tax period closing and accounting provider integration.
Challenges
- Usability vs. compliance. The product had to be easy to use and still keep clients compliant, without costly errors.
- One change, many places. Accounting is wired into Accounts Payable and Accounts Receivable, so every change meant adjustments across the platform.
- Invoice numbering. Sequential numbering gets complicated as soon as documents are edited.
The design
