Case Study: Montonio streamlines billing and cuts invoice issues with Solvimon

Montonio reduced invoice issues by nearly 35% in their first month

Montonio, a provider of payments, refunds, shipping, and BNPL services for e-commerce, faced a significant challenge as it expanded rapidly across Europe. Their internal, homegrown billing system could not handle the complexity of new products, multiple entities, and various currencies. This led to constant engineering maintenance and an increase in costly invoice disputes, pulling resources away from core product development.

The company implemented Solvimon's end-to-end billing infrastructure to replace its internal system. The solution provided multi-entity invoicing, currency conversion, and support for flexible pricing models. As a result, Montonio now processes over 10,000 invoices monthly through Solvimon, achieving a 35% reduction in invoice-related support issues. Engineering hours were freed up for product work, and the finance team gained a reliable system with advanced features like cost prediction.

Montonio

Mike Oliinyk

VP of Product