5 Monite Alternatives For Startups in 2025

Monite offers financial automation solutions, focusing on invoicing and payables automation. They provide robust AR/AP functionality, accounting integrations, and payments in a single API.

However, Monite doesn’t fit all companies’ needs, and some businesses find it lacking in essential features or flexibility. If you’re looking for a better fit, we’ve rounded up five top alternatives—Rho, Mercury, Ramp, Brex, Airbase—each offering unique advantages to meet different business requirements.

5 Alternatives to Monite

1) Overall Pick: Rho

At Rho, we are dedicated to providing a comprehensive suite of financial services tailored for businesses of all sizes. Our platform is designed to streamline financial operations, making it easier for founders and finance teams to manage their cash flow, expenses, and vendor payments efficiently.

Rho Key Features

• All-in-One Financial Platform: Combines AP automation, banking products, and software for managing various financial tasks.
• Sync with Accounting Software: Designed to integrate seamlessly with accounting software, saving significant time for finance departments.
• Full-Stack Finance Platform: Empowers corporate finance teams with technology for greater workflow efficiency, control, and visibility.
• Expense Management: Helps manage expenses with features like text alerts at the point of purchase and easy expense report submission.
• Rho Bill Pay: Automates accounts payable processes to increase efficiency and reduce manual work.
• Business Checking Accounts: Manage operating cash without ACH fees and enjoy 24/7 customer support.
• Rho Treasury: Earn a variable yield on cash with investment management and advisory services.

Unlike Monite, which focuses primarily on invoicing and payables automation, Rho offers a more comprehensive suite of financial services, making it a versatile choice for businesses looking to streamline multiple financial operations.

Rho Pricing

We offer a straightforward and transparent pricing structure designed to make your financial management as simple as possible. Many of our core services are free to use, ensuring you can focus on growing your business without worrying about hidden costs.

• Same-Day ACH fees: $0 for same-day ACH transactions.
• Wire fees: $0 for wire transfers, with some exceptions for international wires.
• Monthly plans: $0 for accessing essential accounting integrations.
• Support fees: $0 for live support from day one.
• Subscription fees: $0 for using the platform.
• Checking account minimum fees: $0 for maintaining a checking account.
• Connected, in-platform capabilities: $0 for AP, Expense, and Accounting Automation features.
• Per-user fees: $0 per user.
• Foreign currency transfer: 1% fee on foreign currency transfers.

You can find all the details about our pricing here.

Why Users Prefer Rho

Don’t just take our word for it—hear directly from Rho’s customers. Here’s what real users have to say about why they prefer Rho over other solutions:

• "Rho offers our users a one-touch experience for reporting company expenses on a corporate card."
• "The company implementation of Rho was easy and took less than 2 hours."
• "We sync with Quickbooks Online seamlessly, which has saved the finance department 60 hours per month."

Want a firsthand look at Rho? You can request a free demo here.

Source: Rho Reviews & Product Details

2) Mercury

Mercury is a financial technology company that provides online business banking services specifically designed for startups and small businesses. Their integrated banking platform offers a range of features, including checking and savings accounts, credit cards, bill pay, invoicing, expense management, and accounting automations, all aimed at simplifying financial workflows for businesses.

Mercury Key Features

Mercury offers online business banking designed to simplify financial operations for startups and small businesses. Here are some of its key features:

• Speed without Compromise: Allows users to manage banking and financial operations efficiently from a single dashboard.
• Seamless Payments: Enables setting auto-transfer rules and sending free USD wires.
• Credit Cards with Low Deposit Minimums: Offers credit cards with low deposit minimums and 1.5% cashback on all spending.
• Advanced Security Measures: Provides FDIC insurance, regulated partners, fraud monitoring, and strong account security protocols.
• Financial Workflows Integration: Handles bills, invoicing, expense management, and accounting automations seamlessly.

Mercury Pricing

Mercury offers transparent pricing with no annual fees and scalable financial workflows.

• Mercury: $0/Month - Business banking essentials, unlimited bill payments, and invoice generation.
• Mercury Plus: $35/Month - Enhanced invoicing, more reimbursements, and advanced financial workflows.
• Mercury Pro: $350/Month - All Plus features, advanced workflows, and dedicated support.

Drawbacks To Mercury

General user reviews of Mercury highlight its modern interface and ease of use, but some users are dissatisfied with the lack of telephone customer service and issues with international transactions.

• "It's the best bank I've ever used. Download all statements in 1 click, statements start and stop at the end of the month like sane people would do." - Dylan Hunt
• "Appears like a total scam to me. Mercury straight out refused my application for a reason that I was unable to provide a Passport verification." - Sandakelum Senevirathna

Source: Mercury Reviews

3) Ramp

Ramp is a platform designed to streamline financial operations for businesses by offering a comprehensive suite of tools, including corporate cards, expense management, travel management, accounts payable, procurement, accounting automation, and treasury services. The platform aims to save time and money for finance teams by automating and simplifying financial processes, making it an efficient solution for businesses of all sizes.

Ramp Key Features

Here are some of the most notable features of Ramp:

• Self-Enforcing Policies: Policies that automatically enforce themselves, reducing the need for manual oversight.
• Automated Triple Checks: Continuous monitoring to catch out-of-policy transactions and errors.
• Comprehensive Automation: Automation of expenses, accounting, compliance, and more to reduce manual work.
• Global Operations: Ability to send payments to 195 countries in over 40 currencies and reimburse employees in their local currencies within 2 days.
• Rapid Implementation: Full implementation and significant efficiency gains within 30 days.

Ramp Pricing

Ramp offers tiered pricing plans to cater to different business needs, starting with a free option.

• Free: $0/mo/user, best for smaller teams to simplify finances.
• Plus: $15/mo/user + platform fee, ideal for automating busywork.
• Enterprise: Custom pricing, tailored for teams needing full customization.

Drawbacks To Ramp

General user reviews of Ramp highlight its ease of use and comprehensive features, but some users have expressed concerns about specific functionalities.

• "Ramp automates the AP process tremendously. It allows users to forward bills from their email inbox to Ramp as well as allowing users to upload the bills directly inside of Ramp." - Nick E.
• "There are a few things I love about Ramp: the UX is incredibly easy to navigate, but the approval process can be cumbersome at times." - Molli G.

Source: Ramp Reviews & Product Details

4) Brex

Brex is a financial technology company that provides a modern finance software platform, offering corporate cards, expense management, travel management, bill pay, and banking and treasury services. The platform is designed to control spend, automate busywork, and maximize financial efficiency for businesses of all sizes.

Brex Key Features

• AI-Powered Automation: Automates financial processes such as invoice entry, expense approvals, and accounting, saving significant time and increasing efficiency.
• Corporate Cards with Built-in Controls: Provides powerful corporate cards with integrated controls to manage and track spending globally.
• Expense Management with Real-Time Tracking: Uses AI to automate expense approvals and reports, allowing real-time tracking and management of expenses.
• Global Travel Management: Simplifies global travel with in-app booking and management, making it easier to handle travel expenses and itineraries.
• High-Yield Business Accounts: Offers business accounts with a high yield of 3.98%, providing fast global payments and safeguarding capital with additional FDIC insurance.

Brex Pricing

Brex offers tiered pricing plans with increasing features and costs, starting from a free plan to custom-priced options for enterprises.

• Essentials: $0 user/month - Includes global card acceptance, AI-powered rules, and accounting integrations.
• Premium: $12 user/month - Adds customizable expense policies, advanced approvals, and multi-entity support.
• Enterprise: Custom pricing - Offers unlimited entities, local card issuance, and personalized support.
• Smart Card: Custom pricing - Provides global and local-currency cards with merchant controls and custom approvals.

Drawbacks To Brex

General user reviews of Brex highlight its ease of use and seamless integration, but some users have expressed concerns about specific functionalities.

• "Brex is a great company credit card to use! Easy setup, and great app interface." - Sean B.
• "The approval process can be cumbersome at times." - Molli G.

Source: Brex Reviews & Product Details

5) Airbase

Airbase is a comprehensive platform offering procure-to-pay, accounts payable (AP) automation, and finance solutions. It consolidates various financial processes into a single system, providing unmatched visibility, control, and compliance, while integrating with over 70 ERPs to streamline company finances efficiently.

Airbase Key Features

• Guided Procurement: Automates the procurement process by guiding users through a structured buying process, ensuring compliance and control through no-code routing.
• Accounts Payable Automation: Automates the accounts payable process, from bill payments to complex financial transactions, and synchronizes all vendor and payment details with the ERP system.
• Expense Management: Streamlines expense reporting and reimbursements using AI technology to create reports from receipt images, ensuring compliance and user satisfaction.
• Corporate Cards: Provides a card program that integrates with ERP systems, allowing for pre-approvals and detailed tracking of purchases, supporting both Airbase and third-party cards.
• Integrations: Offers extensive integration capabilities with over 70 ERP systems and other business tools, facilitating seamless connectivity and enhanced functionality.

Airbase Pricing

Airbase offers customized pricing plans based on company size and specific needs.

• Enterprise: Full platform experience with advanced features for large organizations up to 10,000 employees.
• Premium: Advanced integrations and features for mid-sized companies up to 500 employees.
• Standard: Scalable entry package with core modules for companies up to ~200 employees.

Drawbacks To Airbase

General user reviews of Airbase highlight its ease of use and intuitive design, but some users have expressed concerns about specific functionalities.

• "Airbase makes expense reports a breeze! However, the receipt management feature could use some improvement." - Kyle C.
• "Difficult to navigate and operate with speed, which can be frustrating during busy periods." - Alison P.

Source: Airbase Reviews & Product Details

How to select the right Monite alternative?

Tips for Selecting the Right Monite Alternative:

• Identify Your Needs: Assess your business's specific financial management needs, such as invoicing, expense management, or AP automation.
• Evaluate Integration Capabilities: Ensure the platform integrates seamlessly with your existing accounting and ERP systems.
• Consider Pricing: Look for transparent pricing structures that align with your budget and offer the best value for the features provided.
• Check User Reviews: Read user reviews to understand the real-world experiences of other businesses using the platform.
• Look for Comprehensive Solutions: Platforms like Rho offer an all-in-one financial suite, which can simplify multiple financial operations.
• Request a Demo: Take advantage of free demos to see the platform in action and determine if it meets your business requirements. Rho, for instance, offers a free demo to showcase its capabilities.

Getting started with the best Monite alternative

Each of the alternatives to Monite offers unique features and benefits, making them strong contenders for businesses looking to streamline their financial operations. However, if you're seeking a comprehensive solution that integrates seamlessly with your existing systems and offers a wide range of financial services, we recommend Rho.

Ready to experience the benefits of Rho for yourself? Request a demo today and see how our platform can transform your financial management processes.