Pinned Tweet
This week we announced Net30, our summit on the future of finance in the age of automation (oct 21, 5-8pm)
we're gathering operators, founders and researchers for an evening of discussions on:
1/ on cash flow as a growth metric
2/ the evolution of the strategic finance role
3/ thoughtful AI deployment
Hosted at Times Center in NYC.
Request an invite in the comments.
Monk retweeted
Heading to Vegas next week for QuickBooks Connect or Suiteworld? Come run with @usemonk and @taxwire_inc before the first keynote.
We're hosting the Vegas Run Club on Monday, October 26 at 7:30am. Coffee and Liquid IV will be waiting at the finish, as well as more Monk running hats.
RSVP in the comments.
Monk retweeted
Time savings is no longer a compelling enough AI pitch.
As @GeorgeKurdin, co-founder of @usemonk, puts it: what happens when you save someone 5 hours, only for them to spend that time on Reddit?
Nobody is piloting AI anymore. The conversations he's having with customers now are about hard ROI - bottom line, top line or margin.
Hours returned to someone's calendar don't count unless you can say what they did with them.
"It's no longer about just procuring a solution. It's also how do you get the company to actually use the solution."
NEW: How @usemonk is going after the $1.5B+ problem every business ignores, getting paid
Monk already handles $1.5B+ in receivables and has raised ~$28M through its Series A. They're taking on the accounts receivable side of the ledger (think the opposite of AP)
George Kurdin (Co-Founder of Monk) joins GTMnow to break down how he's building with a 16-person team: the harness as the real moat in applied AI, why he picked a market the labs won't touch for a decade, selling hard ROI over time savings, and much more.
George was a professional poker player, then led Streamlabs through its sale to Logitech, before building Monk. He runs it with 16 people, almost no meetings, and everything out in the open in Slack, from investor updates to wins and losses.
Highlights:
01:12 George's path: poker, operator, exited CEO, founder
01:57 What pro poker taught him: variance, discipline, and adaptation
04:46 What Monk is: AR automation, the other side of the ledger
05:37 Why an engineer now says sales and marketing is "tier zero"
07:25 The pre-seed website bet that lifted close rates ~50%
10:13 Building Monk's culture: speed, ownership, clarity
11:23 How they operationalize accountability (everything in Slack)
16:18 Why solve accounts receivable, and reverse-engineering a big TAM
18:31 Why the frontier labs won't disrupt them
19:53 Why invoices get stuck: the nine-variable problem
22:06 The "harness" as the real moat in applied AI
24:58 Why precision and security are "tier zero" in finance
25:31 Hard ROI over "time savings" as the new AI value prop
28:09 The thing nobody tells you about founding a company
29:00 Fundraising advice: compress the process to create FOMO
30:19 The best advice he got: invest in the co-founder relationship
–
💚 Thank you to our incredible sponsor for supporting the podcast:
Nooks: discover how revenue agents can transform your GTM.
On screen: @GeorgeKurdin x @sophiebuona
Full interview available here on X, on YT, Spotify or Apple.
Monk retweeted
run club had its biggest turnout yet last week for the Oktoberfest edition. Thanks to everyone who came out
The November edition is coming, stay tuned for updates
@raincards @jpmorgan @usemonk
Monk retweeted
Adam has built companies as a founder, invested in them as a venture partner and now runs finance at one of the leading billing platforms for AI and software companies. At Net 30, he will join our closing panel to discuss how CFOs drive profitable growth and how AI is changing the finance organization.
As finance teams take on more of the operating agenda, Adam brings the view of someone who has been the founder, the investor and the CFO. We look forward to his insights on the Net 30 stage.
October 21st // New York, hosted by @usemonk at The Times Center
Request an invite in comments
New on Monk: Call Logs are easier to scan, so you can play any call recording right from the list and read the transcript as a back-and-forth between the Monk agent and your customer. Also in this release, remittances you can link straight from the transaction, and stuck portal uploads that show what’s blocking them, like a 2FA code or a failed login, so your team can respond accordingly.
Full changelog from October 1st to October 15th in the link below.
Full changelog updates from October 1 - 15th: monk.com/changelog
Monk retweeted
This is shaping up to be an amazing gathering of finance folks talking ab how AI is changing their work
next Wed (10/21) in NYC, request an invite: monk.com/net30
Monk retweeted
NEW: How @usemonk is going after the $1.5B+ problem every business ignores, getting paid
Monk already handles $1.5B+ in receivables and has raised ~$28M through its Series A. They're taking on the accounts receivable side of the ledger (think the opposite of AP)
George Kurdin (Co-Founder of Monk) joins GTMnow to break down how he's building with a 16-person team: the harness as the real moat in applied AI, why he picked a market the labs won't touch for a decade, selling hard ROI over time savings, and much more.
George was a professional poker player, then led Streamlabs through its sale to Logitech, before building Monk. He runs it with 16 people, almost no meetings, and everything out in the open in Slack, from investor updates to wins and losses.
Highlights:
01:12 George's path: poker, operator, exited CEO, founder
01:57 What pro poker taught him: variance, discipline, and adaptation
04:46 What Monk is: AR automation, the other side of the ledger
05:37 Why an engineer now says sales and marketing is "tier zero"
07:25 The pre-seed website bet that lifted close rates ~50%
10:13 Building Monk's culture: speed, ownership, clarity
11:23 How they operationalize accountability (everything in Slack)
16:18 Why solve accounts receivable, and reverse-engineering a big TAM
18:31 Why the frontier labs won't disrupt them
19:53 Why invoices get stuck: the nine-variable problem
22:06 The "harness" as the real moat in applied AI
24:58 Why precision and security are "tier zero" in finance
25:31 Hard ROI over "time savings" as the new AI value prop
28:09 The thing nobody tells you about founding a company
29:00 Fundraising advice: compress the process to create FOMO
30:19 The best advice he got: invest in the co-founder relationship
–
💚 Thank you to our incredible sponsor for supporting the podcast:
Nooks: discover how revenue agents can transform your GTM.
On screen: @GeorgeKurdin x @sophiebuona
Full interview available here on X, on YT, Spotify or Apple.
We just shipped Custom Dashboards in Monk, so anyone on a finance team can build their own reports. Building one takes about a minute:
- describe the widget you want in plain language, and Monk’s agent builds it
- or add one from the catalog, like top 10 outstanding invoices or total collected month to date
- pick the columns, set the date range, arrange the grid and save
AR reporting is no longer one-size-fits-all.
Live for every Monk customer today. @francescocoacci walks through the update in the video below.
Monk retweeted
Keith Weissman has led finance through turnarounds, transformations and more than 20 M&A transactions across healthcare, media and telecommunications. At Net 30, he will join our closing panel to discuss how CFOs drive profitable growth and how AI is changing the finance organization.
As finance leaders are asked to deliver both growth and profitability, Keith brings a rare combination of operating, investing and M&A experience. We look forward to his insights on the Net 30 stage.
October 21st // New York, hosted by @usemonk at The Times Center
Request an invite in comments
Monk retweeted
Madhav Srinivasan has led finance at some of the countrys largest law firms, including Proskauer Rose LLP, Hunton Andrews Kurth LLP, Paul, Weiss, and Dechert LLP. At Net 30, he will speak on how AI will impact the legal services industry and what the business model of the law firm of the future can look like.
Madhav brings a perspective shaped by decades at the helm of finance for the country's leading firms. We are honored to welcome him to the Net 30 stage.
October 21st // New York, hosted by @usemonk at The Times Center
Request an invite in comments
Rachel and William took to the streets of New York to crowdsource questions for our upcoming summit, Net 30.
What do New Yorkers really think about the term Net 30?
What are their burning thoughts on AI and the future of finance?
And what would they ask the finance leaders on our final panel?
The best questions will go to our panelists on stage. To hear them live, request an invite at monk.com/net30, or follow along for the recap after the event.
October 21st // New York at The Times Center
Monk retweeted
To continue our series of AI events in NYC, I moderated a fireside on building agents w/ @jgreze, Mayor + CEO of @TownAI, + @GeorgeKurdin, CEO of @usemonk
My main takeaways:
- Burn tokens now, fix margins later
- Horizontal agents break where mistakes cost money
- Context + SOPs turn into process capital
- How you eval depends on how wide you go
- Get ready to fight
Super fun convo given the two very diff approaches to agents: Town is building the horizontal AI assistant that learns how you work (reportedly raised at a $1B val) while Monk went deep on one workflow, accounts receivable, closed a $25M Series A this year + already manages billions in AR for cos like ElevenLabs + Profound
If you want to read more about what we discussed, link below
better-tomorrow-ventures.gho…
Monk retweeted
Join us on 10/21 at the The Times Center to hear perspectives from finance leaders, operators, and academia on how AI is reshaping finance.
Request an invite via link in comments.
Monk retweeted
Itay Goldstein joins us at Net 30 to speak on the risks of deploying AI agents in finance.
Itay is the Joel S. Ehrenkranz Family Professor of Finance and Chair of the Finance Department at @Wharton, as well as Academic Director of the Wharton Future of Finance Initiative. His research focuses on financial fragility and crises, and his work on bank runs is widely cited across finance and economics.
As finance teams begin to adopt AI agents, we look forward to his perspective on the guardrails they will require.
October 21st // New York, hosted by @usemonk at The Times Center
Request an invite in comments
