Compare the Top Cash Flow Management Software in 2025
Cash flow management software helps businesses track, manage, and optimize their cash inflows and outflows to ensure they maintain adequate liquidity for day-to-day operations. These tools offer features like budgeting, forecasting, and real-time reporting, allowing companies to predict future cash needs, avoid cash shortages, and make informed financial decisions. Cash flow management software often integrates with accounting, invoicing, and payroll systems to provide a complete view of financial health. It can help businesses identify trends, automate invoice reminders, and ensure timely payments, improving cash flow efficiency and reducing the risk of financial disruptions. Here's a list of the best cash flow management software:
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1
ZenTreasury
ZenTreasury
ZenTreasury is a cloud-based IFRS 16 lease accounting and treasury solution for companies managing anywhere from tens to thousands of contracts. It automates lease classification, modifications, journal entries, and disclosure reporting, helping finance teams eliminate spreadsheet risk and stay compliant. ZenTreasury supports complex finance environments with full multi-currency and multi-entity capabilities, cost center allocations, role-based access, and detailed audit trails. In addition to lease accounting, the platform includes tools to manage loans, FX contracts, guarantees, and interest rate derivatives. Built-in cash forecasting, liquidity planning, and automated treasury accounting provide complete control and visibility. With fast onboarding, an intuitive interface, and strong security, ZenTreasury is trusted by enterprises globally.Starting Price: €399 /month -
2
FinAlyzer
Beyond Square Solutions
FinAlyzer®, a unified digital platform for financial consolidation, financial close, analytics, and management reporting, acts as a catalyst for CFO reporting in multi-entity organizations, covering integrated group reporting, legal reporting, management consolidation & segment-wise profitability reporting. FinAlyzer effortlessly converts financial data to actionable insights with decision analytics, KPI’s, insights, predictive forecasting, and benchmarks. Its no code fully configurable with of the box accounting taxonomy for IFRS, Ind AS, US GAAP, IRDAI & MIS. FinAlyzer is all in one corporate performance management platform that brings together your financial and operational data seamlessly that frees time for report preparation and helps teams focus their time on analysis and better decision making. FinAlyzer is high-performance BI and CPM solution. -
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Caflou
Caflou
Caflou lets you take control of business, your projects and team and increase your company’s profit. Caflou is all-in-one yet easy-to-use online business management system ideal for marketing agencies or IT teams. With Caflou you can manage your customer relations, projects with their budgets, finances and profitability, track time, manage your team and workload or even automate trivial activities, all in one place from anywhere. Caflou is professional and complex. Replaces the majority of tools that you’re using at present. Functions are logically connected and linked to each other. Constantly and quickly evolving. Keeps your data safe and in one spot. Join 3500+ companies using Caflou. Start Free!Starting Price: $13.00/month/user -
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Apruve
Apruve
Apruve enables global enterprises to transform their B2B trade credit, accounts receivable, and collections process by offering net terms as easy as accepting a credit card. Apruve automates your enterprise's high volume, routine B2B invoicing by combining embedded trade credit & A/R automation with guaranteed next-day financing. Whether your enterprise is looking to drive efficiencies in their long-tail cohort of smaller buyers, extend lines of credit to online customers, or needs help to expand internationally, Apruve can build the right financed credit and A/R program customized to your markets, customers, and goals. -
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Moolamore
Moolamore
Never waste time waiting to see your cash flow position again, one-touch updates allow you to have clear visibility and control of your finances, whenever you need them. View your real-time financial results direct to your mobile or desktop, on Moolamore's simple, easy-to-navigate dashboards. Forecast for the growth of your business. Create 'what-if' plans and compare business opportunities and entities. Consolidate multiple entities in multi-currency in exportable, shareable reporting.Starting Price: $76.49/month -
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Biller Genie
Biller Genie
About Biller Genie Biller Genie is an award-winning, cloud-based accounts receivable automation and e-invoicing solution that automates accounts receivable from bill presentment, follow up, collection, and reconciliation - without changing your current process. Biller Genie integrates directly with your accounting software, so there is no new software to learn and you can keep your existing payments processor. The Genie does all of the heavy lifting for you. Simply hit save and we take over from there - sending out invoices via email or paper mail, following up with reminders on your custom schedule, accepting payments online via credit card, ACH, and Apple Pay, and reconciling payments back into your accounting software. Our average subscriber sees a 40% reduction in overdue invoices, gets paid 15 days faster, and saves 10-20 hours of administrative work per week. Your account can be set up in less than 15 minutes.Starting Price: $49.95/mo + 0.50% per invoice collected -
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Simply Collect
Simply Collect
Fully integrated software, collections, and member management for your gym. Our unique service is made up of these three key elements: Cloud-based software, Collections, and Member Management. Your business at your finger tips, communication tools, powerful reporting GDPR compliant, access control, online sign up integration to your various sites. Our UK based team will take on the membership admin this includes arrears reconciliation, cancellations, updating details & client sales and marketing. Increased cash flow, reduced costs & less admin, giving you back your time. Our gym management software is accessible from anywhere and on any device. It has been designed in a way to make your life easier while helping you to keep on top of all those key figures you need to ensure your gym membership keeps growing. Give your members the convenience of multiple payment options including Direct Debit, an efficient and low cost option for collecting payments on a regular basis.Starting Price: £0.50 per collection -
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Scoro
Scoro
Scoro is designed for agencies, consultancies, and other professional service businesses to help them optimize operations, manage resources, and run profitable projects with minimal effort. With Scoro, you cover the whole project lifecycle in a single system: - Estimating and budgeting - Timeline and resource planning - Profit and progress tracking - Billing and payment monitoring All this data feeds into powerful reports, providing you insights into project performance, capacity and utilization, financial metrics, and more. By consolidating data, Scoro empowers you to gain visibility into their business, standardize workflows, maximize efficiency, and ultimately boost profitability.Starting Price: $19.90/month/user -
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Float
Float
Every business needs a cash flow forecast they can trust. Especially when 82% of companies that go out of business do so because of poor cash flow visibility and management. Float will give you an accurate picture of your past, current, and future cash flow so you can plan for the what-ifs, make more informed decisions, and unlock a brighter future for your business. It’s the smarter way to be more proactive with your cash.Starting Price: $59.00/month -
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Centage
Centage
Collaborative budgeting software that aligns and engages your entire company. Centage helps you create a collaborative, top-down AND bottoms-up budgeting process—aligning teams and empowering them to own the plan. Build a budget with your team, not just for them. Centage enables secure, cross-department collaboration, transforming budgeting and forecasting into a transparent, shared process. By involving key stakeholders, every plan captures the insights and needs of the entire organization, driving alignment and accountability from day one. Create budgets that your entire team believes in. Our software allows you to collaborate seamlessly with department leaders, ensuring every number reflects input from the people who know the business best. Build multidimensional budgets together and turn a daunting task into a shared mission, aligning your company around a financial plan everyone supports. -
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Commitly
Commitly
COMMITLY makes it easy to plan and monitor liquidity. Always up to date and pragmatic. Bookkeeping is too past-oriented and Excel really too tedious. Simply create plans, automatic forecasts and controlling, share reports. No more formula errors, in-sync with your accounts, always up-to-date, ready to use at any time. Simple template, easy to use, team-friendly, best practice guaranteed.Starting Price: €95 per month -
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Fluidly
Fluidly
Fluidly is fundamentally rethinking the way businesses plan and manage their finances, from cashflow to funding. So whether you’re a business looking for an effortless way to keep on top of your cash, or an accountant who wants to better serve their clients, we can help. Cashflow forecasting has historically been a manual process carried out almost entirely in spreadsheets. The problem? Forecasts become almost instantly out of date. Fluidly’s real-time software connects to your Xero or QuickBooks account and uses the data to automatically build a cash flow forecast in an easy-to-understand chart. No more modeling or stress, see your cash flow history, your opening cash position, and predictions for the future. We can match you with a range of lenders to find pre-qualified funding offers in seconds, with no commitment to proceed. Connect your Xero or Quickbooks ledger and see your forecast instantly.Starting Price: $33.68/month -
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PlanGuru
PlanGuru
Build intelligent, dynamic financial forecasts with PlanGuro. Designed for small to medium-sized organizations, PlanGuru helps accountants prepare budget analysis, build financial forecasts, and address financial constraints of their businesses. This on-premise business planning and budgeting solution also provides financial ratios, cash flow analysis, and other analytical tools to evaluate and improve business performance. Core features include payroll utility, budget/forecast for up to 10 years, archive budget, custom report builder for Excel, business valuation tool, and more.Starting Price: $99.00/month -
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FINSYNC
FINSYNC
FINSYNC’s mission is to help small to midsize businesses grow and succeed with innovative software and unmatched service. Our payments platform helps businesses centralize control of payments, and our complete solution for payments, invoicing, bill pay, payroll, accounting, financing, cash flow management and services helps businesses grow in new and empowering ways. We deliver unmatched service through a virtual community of specialists who share our commitment to helping entrepreneurs succeed. Get matched with a financial professional that’s best positioned to help you grow for unrivaled support with bookkeeping, accounting, human capital management, financial analysis and corporate strategy. Businesses that use FINSYNC benefit from improved operational efficiency, lower operating costs, better analytics, better service and quicker access to lower-cost capital delivered through the FINSYNC Lending Network.Starting Price: $10.00/month -
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Do you know how much money you’ll have in 2 weeks? 2 months? Business owners who use Pulse have better cash flow habits and a firm grasp on the pulse of their business. In support of businesses navigating the current economic crisis, we’ve extended our free trial to 90 days. You can quickly toggle income and expenses off and on to see what happens based on different scenarios to see how they impact your bottom line. When you can forecast your cash flow this quickly and easily, you’re empowered to make smarter business decisions. Stop stumbling your way through spreadsheets not knowing what you don’t know. Pulse shows you a simple, easy to understand chart that answers the questions you have about your cash flow. Our user friendly design makes Pulse a breeze to set up and manage your cash flow. It’s so easy that over half of our customers are able to use Pulse every day without it taking up too much of their time.Starting Price: $59 per month
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Trovata
Trovata
Modern treasury software. Onboard in minutes, No implementation or IT required. Trovata uses open banking and ERP integrations to automate data aggregation, normalization, and analysis so you can report on cash positions and trends. Instantly and constantly. Trovata is pre-integrated with most banks. Connect in minutes and stay connected. No more downloading .CSV files from banking websites to update your cash positions. Trovata is an open banking platform that lets companies instantly know how much cash they have, forecast more quickly, and manage cash flow with precision. 75% of the work that goes into analyzing cash is manually compiling the source data and rolling over Excel models for most companies. Put an end to manual workflows with Trovata.io.Starting Price: $500 per month -
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Settle
Settle
Settle is a unified platform designed to streamline financial and operational workflows for consumer packaged goods (CPG) brands. It offers tools for procurement, inventory management, accounts payable automation, and access to non-dilutive working capital. With features like automated purchase orders, real-time inventory tracking, and seamless integration with platforms such as QuickBooks and NetSuite, Settle enables brands to efficiently manage their supply chain and financial operations. The platform also provides transparent financing options with flexible repayment terms, supporting strategic growth without equity dilution. By consolidating these essential functions, Settle empowers CPG businesses to optimize cash flow, reduce manual tasks, and scale effectively.Starting Price: $149 per month -
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Cash Flow Frog
FinBoard
Cash Flow forecasting made easy Cash Flow Frog is a simple yet powerful cash flow forecasting and scenario planning tool. Try it now and get your forecast instantly. cashflowfrog.comStarting Price: $29.00/month/user -
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Dryrun
Dryrun
Instant intelligence with epic control. Let Dryrun forecast your cash flow & sales so you can model 'what ifs' in your business & make the right moves. Dryrun transforms your business direction with up-to-the-minute dynamic forecasts, automating cash flow and sales projections while giving you complete control over your data. Powerful, unlimited scenario modeling allows you to explore different strategies before acting. From cash flow management to multi-entity consolidation and currency conversion, Dryrun's clear, engaging visuals turn complicated financial data into easy-to-understand insights, fostering team collaboration and direction. Every minute in Dryrun saves you an hour in a spreadsheet and delivers real-time forecasting, complete control, and crystal-clear visuals to guide your business into the future.Starting Price: $99 per month -
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Cash Flow Mapper
CashFlowMapper
CashFlowMapper represents your business as it happens in real life. You can forecast your cash flow over any timeframe you like from days to years. Always know where you stand in relation to your comfort level of cash. Your cash flow forecast is represented both numerically and graphically with live daily commentary on all cash movements and balances. No financial knowledge or skills are required - CashFlowMapper is cash flow forecasting that anyone can understand. Import your data directly from your accounting software or use data exported from your online banking website. Merge different scenarios or cash flow plans into an overall picture of your cash flow. Overlay scenarios or plan graphs together and compare visually - all with commentary. Export your cash flow plans ready-made to excel for presenting and modeling or for inclusion in reports. Draw from a wealth of help including online tutorials, videos, and email/phone support.Starting Price: $25 per month -
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Cashbook Complete
Acclaim Software
With Cashbook Complete, your accounting is simpler and faster and it’s easy to get up and running, even for non-accountants. Cashbook Complete is feature-rich, but still uses simple terminology. You can import your bank statements from the internet and do your reporting in a snap. This is by far our most common compliment. Cashbook Complete is easy to understand and is designed with non-accountants in mind. We offer free email support to all users. Try getting that for the other accounting packages. Import bank statements from your bank’s website and set up rules for recurring transactions. Send invoices and statements by email. Cloud software typically works on a pay-per-month or pay-per-year basis. ‘That means a very high cost of ownership for something you never actually own.Starting Price: $60 one-time payment -
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Vistr
Vistr
Simple and intelligent forecasting. Integrates with Xero. -
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Agicap
Agicap
By centralizing your cash flows and automating tasks, Agicap allows you to focus on the essentials, analysis, and decision-making. Build your cash flow forecast and monitor the achievement of your targets. Visualize your cash position by synchronizing your bank accounts and business tools. Improve overall productivity with automated, centralized, and harmonized cash management. Use a comprehensive collaborative tool and consolidate all your data. Anticipate your cash flow at the consolidated level or entity level. Consolidate and monitor your cash flow from multiple banks, entities, and business tools with ease. Set up automated cash forecasts and explore scenarios. Create custom dashboards to improve your analysis and reporting. Let Agicap automatically categorize all your banking transactions. Monitor the differences between the actuals and the forecast in real-time. Build a reliable forecast and make fully informed decisions at the right time. -
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SAP S/4HANA
SAP
SAP S/4HANA Intelligent ERP system for today’s business. Discover a truly modern ERP system with embedded AI and machine learning – available on premise, in a public or private cloud, or in a hybrid environment. SAP S/4HANA is a future-ready enterprise resource planning (ERP) system with built-in intelligent technologies, including AI, machine learning, and advanced analytics. It transforms business processes with intelligent automation and runs on SAP HANA – a market-leading in-memory database that offers real-time processing speeds and a dramatically simplified data model. Choose and deploy from a wide range of SAP S/4HANA ERP capabilities – all of which leverage the latest technologies and intelligent automation to transform your business processes. Capabilities span lines of business, from finance, supply chain, and manufacturing to sales, distribution, and more. -
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HighRadius
HighRadius
HighRadius offers cloud-based Autonomous Software for the Office of the CFO. More than 800 of the world’s leading companies have transformed their order to cash, treasury, and record to report processes with HighRadius. Our customers include 3M, Unilever, Anheuser-Busch InBev, Sanofi, Engie GBS Solutions, Kellogg Company, Danone, Hershey’s, and many more. Autonomous Software is data-driven software that continuously morphs its behavior to the ever-changing underlying domain transactional data. It brings modern digital transformation capabilities like Artificial Intelligence, Robotic Process Automation, Natural Language Processing, Connected Workspaces and LiveCube, a No-code Platform, as out-of-the-box capabilities, features for the finance & accounting domain. Our solutions: Autonomous Receivables for Order to Cash 1. Credit Risk Management Software 2. Global E-Invoicing and Payment Software 3, AI based Cash Application Software 4. AI based Deduction Management Software -
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SlickAccount
SlickAccount
SlickAccount's ProfitBoard is a simple, modern and powerful financial analytics, cash flow and profitability suite for entrepreneurs. Analyze anything and everything about your business with ease. Marketing channel performance, ads performance, project-wise profit everything. Do everything with ease, from simple income expense category wise budgeting to complex ones like budgets on travel expenses for sales employees. -
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Cash Flow Analyzer
Real Estate Analysis Software
Our real estate investment software helps you analyze for better investment decisions. Real estate analysis software for real estate investors, agents and brokers to determine cash flow, investment return, and print over 32 colorful presentational-quality reports. Easily enter a property’s financial information and our real estate investment software automatically calculates cash flow and rates-of-return. Quickly see up to 20 years of cash flow projection. Then, use our built-in tool to “solve backwards” for the optimal offer price. Afterwards, create reports for banks and limited/private-money partners. Create and print reports in PDF format for emailing and posting to websites. The reports are used by real estate agents, real estate brokers, investors, financial planners, partners and lenders to present commercial, residential, multi-family & apartment investments. Updated for 2020 tax laws, our software provides the MOST comprehensive tax analysis available anywhere.Starting Price: $99.95 one-time payment -
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Calqulate
Calqulate
Grow faster and achieve your goals with SaaS growth metrics and keep your business humming. All key subscription metrics, cash flow management and financial forecasts in one easy-to-use platform. Connect all your data sources to Calqulate and get all the metrics and KPIs that matter to subscription businesses. MRR, LTV to CAC ratio, retention and more. Always know what’s up (or down. But mostly up!) with your business. Calqulate’s automated cashflow forecasting tracks your SaaS subscription payments, staff expenses, loans and equity. Understand your cash runway, and watch your business take off. Plan ahead and finance your growth targets. Forecast your recurring revenues, expenses, cash and other SaaS metrics and always have a forward-looking view. In business it’s ok to be a know-it-all.Starting Price: €149 per month -
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CashFlows
CashFlows
We’ve been processing for online sellers from various sectors for many years. But we’ve never lost our disruptive challenger spirit. Because we build and maintain our technology, we’re good at designing and tailoring payment solutions for merchants. This also gives us a light-on-our-toes advantage when responding to customer needs, managing risk and pricing our services. So if you’re sick of technology silos, legacy systems and a risk and pricing approach from a pre-internet era, contact CashFlows. -
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TreasuryApps TMS
TreasuryApps
TreasuryApps TMS is a SaaS treasury management software. It includes cash management and risk management features. TreasuryApps was founded in 2011. Some alternative products to TreasuryApps TMS include CAPIX, tm5, and GTreasury.Starting Price: $300/Month -
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Growfin
Growfin
Growfin is the world's first Finance CRM aimed at helping B2B enterprises across the globe streamline their accounts receivable through automation. Growfin is a finance CRM purpose-built for streamlining and automating your receivables process across teams, collaboratively. Developer of account receivable automation software designed for predictable cash inflows. The company's end-to-end software helps enterprises accelerate cash collections from customers and provide CFOs visibility and predictability into cash inflow by streamlining and automating the invoice to cash process, helping companies by making collections smarter, more collaborative, and automating manual processes. -
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Obol
Obol
Obol is a next-generation cash flow management platform that empowers finance teams to automate, plan, and manage all cash flow operations. By integrating bank accounts, ERP systems, and payment processors into a unified cash hub, Obol provides real-time liquidity insights, enabling businesses to focus on growth. It offers a live cash hub that unifies cash positions and transactions from financial institutions into a single real-time view. Users can always access up-to-date actual cash reports enriched with all necessary insights. Obol's bottom-up forecasts feature allows for building and maintaining detailed rolling plans to navigate future cash flows effectively. Scenario planning enables the simulation of various outcomes to ensure optimized and confident decision-making. Obol also offers real-time views and tailored reports for in-depth analysis of financial cash data, helping to identify anomalies and irregularities for swift resolution and risk mitigation. -
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Cashforce
Cashforce
Slice and dice your data across user-defined dimensions and retrieve relevant insights on actual cash flows and your cash forecasts. Visualize and centralize key information on your own dashboard. Monitor your balances and flows in different currencies using your FX rate sets. Roll-up to consolidate local input and evaluate your cash flows at a global level. Drill-down to investigate and analyze areas of interest, up to transaction-level detail. Process millions of transactions to get a consolidated forecast, while drilling down to transaction-level detail, and accurately pinpoint the inaccuracy in your cash flow forecast. Understand improvement areas by comparing actuals versus forecast in our elaborate variance analysis environment. Make this variance analysis part of your forecasting process to find inaccuracies and apply improvements to the overall forecasting process. -
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CashAnalytics
CashAnalytics
Forget the massive spreadsheets that crumble with one bad entry. See exactly where your cash flow stands every day in every business unit on one screen. Hands-off forecasting means you spend less time crunching the numbers and more time strategizing where your business can go next. Manage cash flow around the group and monitor every unit from one screen. Find fast answers to all your cash flow questions and look like an expert to your leadership. CashAnalytics will save you and your team huge amounts of time and give you crystal clear visibility over current and future cash flow. CashAnalytics transforms the process of forecasting cash by cutting manual workload and reporting timelines by over 90%. It does this by connecting directly to data sources and streamlining the capture of data from people throughout an organization. -
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Cashbook
Cashbook
For companies with high-volume transactions. Built on seamless integration between banks and ERP’s. Proven to increase cash flow, eliminate manual processes, reduce DSO, and improve cash visibility. Automate complex financial processes and transform your finance department. One central hub to log all notes, see lockbox images, eliminate deductions and add attachments with real-time information. Intelligent software forecasts payments based on historical performance highlights overdue accounts and automatically creates user-defined dunning letters. Expect higher collections efficiency and expect your companies DSO to plummet. Revenue and profits are lost in the deductions processes. Deductions are claimed by large and small companies with customer-specific codes and reasons. Adapt deduction management to any bank file or remittance format and route deductions for speedy review and approvals. Create reason and deduction codes directly from remittance data, regardless of ERP. -
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CashFlowCockpit
Hyperbasis Single Member
Reduce today the cost and complexity of your internal process. Moreover, by using our cloud-based Cash Flow Management solution, ensure that your business has the moneys it needs, in the right place and at the right time (no more spreadsheets). Get real-time visibility into cash flow positions, improve your global accounting liquidity, and make business decisions with confidence. Whether you need ongoing advice for special projects or to hire a full-time CashFlowCockpit, we have the key competence you are looking for - wherever you are. Successful you can maximize your productivity and spend less time reporting and more time analyzing the how and why of financial events. Using the real-time reporting on consolidated data, shrink the time and cost of financial close and reporting cycles and close the MIS reporting at record speed. -
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Tesorio
Tesorio
More than just collections management and accounts receivable automation, Tesorio is the world’s first and only cash flow performance platform. Tesorio empowers CFOs and finance teams to boost profits by using artificial intelligence to better manage, predict, and collect cash. Generate customized and personalized outreach campaigns with confidence and at scale so you can successfully deliver a great customer experience without compromising your collections performance. Automate real-time forecast powered by AI/ML predictions that provide the visibility, predictability and total cash flow control needed to be in control without the tedious manual and error-prone processes. Streamline your cash collection processes to enable you to immediately begin reducing your DSO, improving your CEI & not have to pay the cost of your cash being trapped in receivables. -
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Sperse
Sperse
Sperse is a software suite providing you clarity, connectivity and collaboration, to know your customer, your cash and your data. Your client facing portal, connected to a powerful management platform. Your portal site is essential for your customers and partners to engage, communicate and collaborate with you. Learn how we can help power your portal with an extraordinary user-experience, along with smart back-end functionality to manage your data. Many businesses struggle to plan cash flows because they are driving their business looking in the rear view mirror with today’s financial tools. This lack of connectivity between applications leads to poor data quality and data integrity. This requires extensive learning curves by users and employees. This slows down daily processes and is a huge hidden cost for the business. -
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Cash Flow Mojo
Money Management Solutions
This cash flow software for business owners known as Cash Flow Mojo® is a combination of tools to assist any small to medium sized business to get their finances in order and become more profitable. In this part of the software, the Budgeting module includes a cash flow budget template that will: Tell you exactly how much cash flow you need to bring in each week. Calculate how much weekly income you need to get out of debt and also achieve other financial goals. Highlight areas where expenses can be reduced without harming production and sales. Use a workable cash flow formula, if necessary, to get your company out of debt or expand your company without going into debt. Organize expenses efficiently so you can take actions to become more profitable. -
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CashPundit
CashPundit Technologies
Innovative Platform to Manage Receivables and Cash Flows. CashPundit gives a 360-degree view of cash flows, improves collections, and helps avoid cash flow problems. It gives a realistic picture of future cash flows so that businesses can make informed and proactive decisions about the future of their businesses. CashPundit syncs with accounting softwares and helps businesses manage their receivables and payables effectively. CashPundit helps CFOs and business owners get a handle on their cash flows and sleep better at night. Features: Cash Flow Forecast: Forecasts realistic cash inflows and outflows based on the promised-to-pay and invoice due dates. Identifies potential shortfall in cash balances in advance so that you can take necessary action to avoid cash flow problems. Reminders to Follow-up: Reminds users to follow-up with customers for payment on invoice due and promised-to-pay dates. These reminders are available both on the web and the smartphones.
Cash Flow Management Software Guide
Cash Flow Management Software is a powerful tool that can help businesses to efficiently manage their finances and stay on top of their financial health. It allows businesses to track, monitor, and analyze cash flows, helping them make better decisions when it comes to managing their money. Essentially, it streamlines the process of keeping on top of things financially so that companies can focus more effort on growing their business.
This type of software typically offers core features such as budgeting, forecasting, and reporting capabilities which allow businesses to accurately measure their current financial performance so they can plan for the future accordingly. Budgeting helps companies identify where money needs to go and cutbacks need to be made in certain areas; forecasting projects expenses coming up in the future; and reporting provides an up-to-date evaluation of what the company is spending while providing valuable insight into trends emerging over time. This use of data makes it easier for companies to make decisions about both short-term operations and long-term investments.
In addition, cash flow management software often features advanced features such as automated payments or compliance tools which can help companies become more compliant with changing regulations surrounding taxes or other government requirements. Automated payments are particularly useful for managing recurring bills - such as rent or utilities - as well as sending invoices or payment reminders via email or text message when needed. In this way, companies don't have to worry about missing important due dates or forgetting to send out payment requests - allowing them peace of mind that all bases are covered from a financial standpoint.
These kinds of systems also offer integrations with multiple accounts used by a business so that all transactions across different platforms are recorded in one secure place for easy access whenever needed. This allows managers to quickly pull up information related to specific customer accounts or vendors without having to search through multiple databases separately.
Overall, cash flow management software is a helpful tool for any business looking to stay organized while staying aware of its own finances at all times - ultimately making decision-making easier and saving time in the process.
Features Offered by Cash Flow Management Software
- Cash Flow Forecasting: Cash flow management software provides a predictive tool to anticipate future cash flow, allowing businesses to plan ahead for upcoming expenses and investments. The software can analyze current and past financial data and generate projections of expected cash inflows and outflows over a set period of time. This helps businesses plan their budgets more accurately and avoid surprises when it comes to their finances.
- Accounting Integration: Many cash flow management tools provide features that allow the software to integrate with existing back-office accounting or ERP systems. This helps ensure that all data is kept up-to-date in one place, eliminating manual entry errors and missed transactions. The capability also enables users to review multiple financial documents such as invoices, accounts payable, account receivable at once based on the integrated information from different sources.
- Automated Bank Feeds: This feature allows for automated downloads of transactions directly from banks or other financial institutions into the system. This eliminates manual reconciliation processes by providing an up-to-date snapshot of each business’s finances in real-time with no human intervention required.
- Customizable Alerts & Reminders: These features help users keep track of upcoming payments by setting customizable alerts or email reminders when due dates approach or when payments have been received. This automated process simplifies billing cycles and improves accuracy by reducing chances of late payment fees or missed deadlines.
- Data Security & Encryption: Many cash flow management solutions offer advanced security measures including encryption technology, two-factor authentication, user access controls as well as SOC2 compliance auditing which help protect sensitive customer information from unauthorized access or misuse.
Different Types of Cash Flow Management Software
- Budgeting Software – This type of cash flow management software allows users to create and monitor their budget. It enables the user to record their income and expenses, categorize them, and then analyze where they may be overspending or under-saving. Additionally, some budgeting software also has features that help users plan for future purchases.
- Tax Planning Software – This type of cash flow management software helps users track taxes owed by providing access to data such as income streams, investment returns, deductions, credits, etc. It can also assist with managing estimated payments throughout the year and even provide tax planning advice in order to minimize liabilities.
- Forecasting Software – This type of program assists with long-term cash flow planning by allowing users to foretell future scenarios through predictive analytics. It can enable a user to anticipate how financial decisions today will affect their business down the line.
- Accounting Software – This kind of software streamlines bookkeeping tasks such as issuing invoices, tracking receipts/payments, reconciling accounts, creating reports from financial data and more. It offers a one-stop shop for all things related to accounting transactions so that businesses can better manage their finances in real-time without having to regularly consult an accountant.
Benefits of Using Cash Flow Management Software
- Increased Visibility: Cash flow management software provides you with real-time visibility of your cash flow situation. This means that you can access detailed reports and financial analytics anytime to track your cash inflows and outflows. You can also use the software to identify any potential cash flow problems before they become serious issues.
- Automated Forecasting: The software can help automate the entire forecasting process, allowing you to quickly generate accurate projections of future cash flows based on current trends and past performance. This helps to take the guesswork out of forecasting and gives you insight into potential future problems so that they can be addressed early on.
- Streamlined Approvals: With a good cash flow management system, you’ll have more control over who is allowed to approve certain transactions or payments within the organization. This can help streamline operations, reduce mistakes, and ensure that all financial decisions are consistent with organizational policies and procedures.
- Improved Decision-Making: By providing real-time insights into your finances, a cash flow management system ensures that decisions made by managers are always based on current data rather than outdated information. This helps improve decision-making accuracy and supports better overall financial health for your business in the long run.
- Easier Reconciliation: Cash flow management systems make reconciling bank accounts much easier since they store sensitive transaction data securely in one central location. This lets you quickly verify balances at any time with minimal effort while ensuring that your financial records remain accurate and up-to-date at all times.
Who Uses Cash Flow Management Software?
- Small Business Owners: Cash flow management software offers small business owners the ability to track their cash flow, set up budgets, and manage accounts in one convenient platform.
- Finance Professionals: Finance professionals use cash flow management software to monitor financial performance, analyze data for forecasts and trends, and provide insights into how best to manage money.
- Accountants: Accountants use cash flow management software to keep track of expenses, incoming funds, payments made, and other financial transactions. This type of software allows them to easily create reports on clients’ finances and simplify tax preparation tasks.
- Entrepreneurs: Entrepreneurs utilize cash flow management software to stay on top of their finances by monitoring spending habits and staying organized with budgeting tools.
- Investors: Investors leverage cash flow management tools to help make decisions about investments and assess potential risks associated with different stocks or businesses.
- Corporate Executives: Corporate executives use cash flow management software to plan for future needs while ensuring existing needs are met. This helps executives be more efficient while maximizing profits.
How Much Does Cash Flow Management Software Cost?
Cash flow management software can significantly improve your business's ability to manage its cash flow, enabling you to make more informed decisions, better plan projects, and optimize working capital. With careful use of the software, businesses can realize an improved bottom line in terms of increased profits and greater control over their finances. Ultimately, cash flow management software can help organizations become more efficient and cost-effective in managing their daily operations and improving their financial performance.
Types of Software that Cash Flow Management Software Integrates With
Cash flow management software can integrate with a variety of different types of software, including accounting systems, customer relationship management (CRM) solutions, enterprise resource planning (ERP) programs, and loan servicing applications. Accounting system integrations allow business owners to manage income and expenses in one central location by connecting the cash flow management software to their accounts payable and receivable ledgers. CRM software helps companies track customer information such as contact details and sales records to give an accurate picture of performance. ERP solutions provide companies with the ability to monitor all aspects of their operations in one place, from inventory tracking to financial analytics. Loan servicing applications contain data that is vital to lenders who need detailed information on borrowers’ payments and other related activities. By integrating these types of software into their cash flow management processes, businesses gain access to better financial insights that can be used for budgeting purposes or decision-making purposes.
What are the Trends Relating to Cash Flow Management Software?
- Automation: Cash flow management software is becoming increasingly automated, allowing users to quickly access and analyze data, automate processes and generate reports. This helps reduce manual errors and speeds up the process of managing a company's finances.
- Integration: Cash flow management software can be integrated with other business software, such as customer relationship management (CRM) or enterprise resource planning (ERP) systems, to provide a more comprehensive view of a company's finances and facilitate data sharing.
- Cloud-Based: More cash flow management software solutions are becoming available as cloud-based solutions, making them more accessible and eliminating the need for IT support and hardware costs.
- Big Data: As more companies adopt cash flow management software, they are able to analyze their financial performance on a larger scale, allowing them to track trends and make better decisions.
- Scalability: Many cash flow management solutions are now designed to be scalable and flexible, allowing businesses to accommodate their specific needs as they grow or change over time.
- Security: With the rise in digital financial transactions, cash flow management systems are evolving to include more security measures such as two-factor authentication and encryption technology.
How to Find the Right Cash Flow Management Software
- Identify Your Needs - Before selecting cash flow management software, it is important to evaluate your business needs and determine what kind of features you are looking for in the software. Consider factors such as budget, size of your business, amount of transactions, type of transactions and reporting requirements.
- Research Different Software Solutions - After determining your needs, research various cash flow management software solutions available on the market. Compare features and prices to find the most suitable option for your business. Read reviews from other users to get a better understanding of each product’s capabilities. Use the comparison engine on this page to help you compare cash flow management software by their features, prices, user reviews, and more.
- Contact Support Team - Most software companies have a customer support team that can assist with questions about their products or help you set up a demo version so you can test out the system before making a purchase decision. It is also helpful to speak to someone who has already used the software in order to gain insight into their experience with it.
- Choose Appropriate Software - Finally after evaluating different options based on price and features, choose the right cash flow management software solution that best fits your organization's needs and budget. Make sure that the system is user friendly and that its reporting capabilities are sufficient for meeting your financial goals.