This helped me in so many times.I regularly upload videos and I am looking for an app to edit videos, then this app helped me in uploading videos and edit some settings directly from my mobile.
Yes you can enable monetization setting, add tags, description and also you can track comments, views, estimated earnings from this app.
You can access almost all settings except some settings like adding cards at the end, editing songs and a few more effects.
But I can say this app is a must have app for every youtuber