What is Monit?
Monit is a financial navigator that aims to give business owners get peace of mind and confidence around their financials and future decisions. By connecting Monit to their accounting software, business owners will be able to access future projection features, can benchmark themselves against the competition, and view smart predictions and recommendations tailored to their business.
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Features
Benchmark your business against others
See how your business stacks up in key metrics against others nearby or in your industry:
- Debt to asset ratio
- Net profit / net profit margin
- Expenses (e.g., marketing, rent, payroll, interest, etc.)
- Headcount
Actionable key numbers
View or act on your current business financials (like key accounts) on-the-go, or view cash flow anytime, anywhere.
- Cash flow forecasts
- Cash on hand
- Revenue & profit
- Accounts receivable & payable
Future decision projector
Share a potential event or decision with Monit, and see the potential future impact on your business financials. Example decisions could include.
- Staffing changes such as new hires
- Expense decreases and/or increases
- Revenue gains and losses
Personal insights & suggestions
Get smart insights to help you make more informed decisions based on your own business and industry.
- Recommended timing for investments/lines of credit
- Profit enhancement or expense minimization opportunities
- Special product or service offerings
Valuations
Get an estimate of what your business is worth today!
- Low-end and high-end estimates
- May help you make informed decisions about growth, investment, or succession planning opportunities
Everything you need to know in 60 seconds
Try it out
Monit is available exclusively to Eastern business customers and for a limited time, non-customers can try it for three months.1
Why customers are using Monit
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