Monit

Meet Monit™

A mobile-friendly financial assistant built for (and by) small business owners like you.

 

The numbers and insights you need to manage your business – anytime, anywhere

Monit is a mobile-friendly financial assistant that's complimentary for Eastern Bank business customers. It securely connects to accounting software to give you clear, actionable views of numbers that matter most, forecast the impacts of decisions/events on cash flow, and offer personalized insights. Try it today and be up and running in as little as 10 minutes.

Monit is a unique, complimentary benefit of banking with Eastern Bank. Non-customers can try it for three months (our gift to you)!1

Get Started Today

 

Why customers are using Monit

It is an amazing tool

"I think it is an amazing tool to be able to see everything in one dashboard! I like that it shows projections and margins - something I haven't seen other accounting software do before." - Tim, Owner, Breeze Tees

We highly recommend it.

“Monit has been instrumental at giving me a financial snapshot and more of an insight into our business expenses. We highly recommend it.”  – Melissa, Co-owner, Infinity Plus LLC

For the first time I can SEE my cashflow

"For the first time I can SEE my cashflow—in the past and predicted into the future—and find what's most important in a way my accounting software just can't do." –Professional Services Firm CEO, Hartford, CT

 

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24/7 access to key metrics

View your current business financials and cash flow forecasts. Anytime, anywhere.

  • Cash on hand
  • Revenue & profit
  • Accounts receivable & payable
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Personalized insights & recommendations

Get smart insights to help you make more informed decisions based on your own business and industry.

  • Profit enhancements
  • Expense optimization
  • Investment and line of credit timing
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See impact of future decisions on cash flow

Easy tools that simply model the impact of different events to help you make better business decisions.

  • Staffing changes such as new hires
  • Expense decreases and/or increases
  • Revenue gains and losses

Real-time Payment Protection Program (PPP) Forgiveness Optimizer

A PPP calculator that helps you project and optimize forgiveness. Review and tune your custom impact model.

 

Are you an existing Eastern Bank customer?

Complimentary for you!

Not an Eastern Bank customer but want to try Monit?

Get Monit for free for 3 months.1

Are you already enrolled in for Monit?

 

 

 

 

 

Top Frequently Asked Questions

What is the value of Monit?
Monit is complimentary to Eastern Bank customers. Similar tools considered comparable to Monit tend to cost business owners an average of more or less than $1000 per year.

What accounting packages are compatible with Monit?

Monit is compatible with QuickBooks Online™, QuickBooks Desktop™ and Xero.

What types of businesses is Monit helpful for?
A range of businesses use Monit, from smaller, new businesses with less than 6 months of accounting data and $100K in revenue, to larger firms with up to $10M in revenue.

What about security? Who has access to my data?
Insights are protected using secure technology practices. As a Monit user, Eastern Bank does not have access to your business financial information. However, Monit may ask if you want to share certain financial information about your business with your banker to discuss lending options.

 

Ready to try Monit?

Get Started

Not yet an Eastern Bank customer?

Join Us Today

 

Still have questions?

 

The offer of free access to Monit for businesses who are not currently customers of Eastern Bank includes 3 months of access to Monit using the promotional code: EBGift. After 3 months, non-customers can continue to leverage Monit if they become an Eastern Bank business customer. Otherwise, the business should contact Monit to learn about other ways to access.

Monit is offered through Signal Financial Technologies. Signal is a third-party service provider and not an affiliate of Eastern Bank.