cc:Monet vs Basis Theory

cc:Monet is an AI-powered finance assistant tailored for small and medium enterprises (SMEs) to automate bookkeeping, reconciliation, and financial reporting. It simplifies data entry by allowing users to snap and upload receipts, invoices, and bank statements in multiple languages and currencies, eliminating manual input. The AI engine categorizes transactions, matches bank feeds in real time, and reconciles accounts to provide clear, up-to-date financial records.

Designed for busy business owners without accounting experience, cc:Monet offers a user-friendly platform that combines smart automation with expert human review. Certified accountants validate every transaction to ensure accuracy, compliance, and peace of mind. The platform supports industry-specific workflows for sectors like F&B, retail, healthcare, and logistics, adapting to unique operational needs.

Users gain instant access to real-time dashboards showing profit and loss, cash flow, and other key metrics. Custom report builders and cash flow forecasting tools help businesses plan ahead and make informed decisions. Expense reimbursements and payment approvals are streamlined with AI handling submissions and tracking.

Beyond automation, cc:Monet provides dedicated expert services including tax filing, corporate secretarial support, and on-demand consultations. This hybrid approach of AI plus human expertise ensures compliance with local regulations and offers strategic advice to optimize costs and support growth.

The platform is built to scale with your business, offering transparent, predictable pricing that grows with transaction volume and revenue. It supports multi-currency and multi-language documents, making it suitable for SMEs in Singapore, Southeast Asia, and beyond. With cc:Monet, businesses can reduce bookkeeping time by up to 95%, avoid errors, and focus on growth rather than paperwork.

Basis Theory offers a robust payments stack that allows businesses to tokenize and securely store sensitive data such as bank accounts, credit cards, and personally identifiable information (PII) with ease. Their platform provides a fully programmable vault that lets companies create engaging commerce flows, effortlessly manage compliance, and retain complete control over their payments data.

With Basis Theory, you can streamline your application and workflow development, ensuring that your payment system is not only secure but also optimally tailored to your business's unique needs. They provide solutions that cater to high-risk merchants, subscription platforms, marketplaces, fintechs, and more, making sensitive data valuable and manageable without compromising security.