Cash Flow Management Software Reviews and Ratings
What is Cash Flow Management Software?
Cash flow management is the process of monitoring, analyzing, and optimizing a company's cash inflows and outflows to ensure sufficient liquidity to meet obligations and support operations. Key features include cash flow forecasting, which predicts future cash movements; expense control to manage and reduce unnecessary spending; receivables management to ensure timely collection of customer payments; and payables management to optimize the timing of supplier and creditor payments. Effective cash flow management also involves maintaining adequate liquidity, investing surplus cash in low-risk, short-term investments, generating financial reports for strategic planning, and integrating with banks to automate the synchronization of transactions and real-time cash position updates. This software helps businesses avoid cash shortages, reduce borrowing costs, and achieve financial stability and growth.
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HighRadius is a company that specializes in developing autonomous software solutions primarily targeted towards the Office of the CFO. The company's core product is a cloud-based autonomous platform that is data-driven and has the ability to change its behavior based on transient transactional data. This software can efficiently digitize order-to-cash, treasury, and record-to-report processes, featuring modern capabilities like artificial intelligence, robotic process automation, natural language processing, and no-code platforms. HighRadius's unique proposition combines the functionality of an application software vendor with a middleware platform for AI or RPA, thereby delivering measurable business outcomes, including DSO reduction, working capital optimization, bad-debt reduction, reduced month-end close timelines, and improved productivity in under six months.
Centime delivers a connected finance automation solution that helps mid-sized businesses streamline finance operations. Our unified suite combines accounts payable, accounts receivable, cash flow forecasting, and banking solutions to improve financial visibility, automate workflows, and strengthen cash management. Centime integrates with leading ERPs such as NetSuite, Sage Intacct and QuickBooks, supporting finance teams with automation and artificial intelligence. Based in Boston, Massachusetts, Centime serves businesses across industries by modernizing back-office finance operations.
*Centime is a financial technology company, not a bank.
*All banking products and solutions are provided by FNBO. Member FDIC.
Coupa Software is a cloud-based platform focusing on business spend management (BSM). The primary objective of Coupa Software is to provide companies with the necessary tools and features needed to gain visibility and control over their business expenditures, enabling them to make more effective and secure spending decisions. The company has a global outreach and serves an extensive range of businesses worldwide.
DualEntry is an accounting software suite designed to accommodate businesses of varying sizes, from mid-market to those on the verge of their Initial Public Offering. The software supports up to 40 billion transactions per business, per month, and features multi-entity, multi-currency support along with real-time insights. It utilizes a high-capacity HTAP (Hybrid Transactional and Analytical Processing) database and connects with various banks. DualEntry adheres to a range of compliance standards, including SOX, SOC2, and GDPR. The suite includes a notable feature: a built-in artificial intelligence that automates a majority of manual tasks.
Growfin is an accounts receivable automation software oriented towards corporate usage. The tool improves the efficiency of cash gathering procedures and provides more reliable cash flow forecasts. It achieves this by delivering constant updates about receivables, enhancing the intelligence and teamwork of collection activities and automating otherwise manual tasks.
Kyriba, a San Diego-based company, offers a specialized service to CFOs and their teams aimed at transforming how liquidity is utilized as a robust, real-time means of growth and value creation, while simultaneously providing protection against financial risk. The company's principal product, Active Liquidity Network, facilitates connection between internal applications for treasury, risk, payments and working capital, with corresponding external sources including banks, ERPs, trading platforms, and market data providers. The network operates on a secure, highly scalable SaaS platform which employs artificial and business intelligence, allowing companies to optimize growth potential, safeguard against fraud-related losses and financial risks, and minimize costs via advanced automation. The company operates globally with additional offices located in the Americas, Europe, Asia Pacific, and other major locations.
Nomentia is a firm that specializes in providing treasury and cash management solutions. The main problem it addresses lies within the realm of modern treasury and cash management challenges. It operates in over 80 countries and serves close to 1,400 clients. The solutions offered by Nomentia encompass a wide array of areas including global payments, bank connectivity as a service, cash-forecasting and visibility, bank account management, financial process automation, treasury workflows, foreign exchange risk, in-house banking, and trade finance.
Phocas Software delivers cloud-based business intelligence (BI) and financial planning and analysis (FP&A) solutions for mid-market businesses in wholesale distribution, manufacturing, and retail. Phocas delivers an intuitive, accessible platform that simplifies data analysis and financial planning, empowering organizations to make confident, data-driven decisions.
Seamlessly integrating with ERP systems like Epicor, Sage and Infor, Phocas consolidates data into a centralized platform. This unlocks the potential of ERP data, delivering improvements at every level of the business.
Its BI core enables users to explore data, spot trends, and find opportunities. FP&A tools support dynamic financial reporting, flexible budgeting, performance tracking and accurate forecasts. Plus, Phocas offers automated rebate management.
With Phocas, tasks are automated and information flows freely, allowing teams to focus on important activities that help the business grow.
SAP is a company that aims to improve operational efficiency worldwide. The primary focus is on helping customers optimize their business operations. SAP develops innovative solutions to support this objective. The company plays a crucial role in transforming industries by fostering opportunity and equality on a global scale. By collaborating with customers and partners, SAP is capable of making substantial changes across various industries, supporting the growth and development of economies and societies.
Tesorio is a company dedicated to promoting operational efficiency and growth in organizations through its innovative connected finance methods. The key offering, the Tesorio Cash Flow Performance Platform, departs from traditional cash flow forecasting and collections procedures. Instead, it presents real-time predictions, streamlined workflows, and actionable insights based on behavioral trends. The end goal is to equip finance teams with the capabilities to enhance cash flow performance, predictability, and customer relationships. By utilizing Tesorio's solution, finance teams across diverse industries have experienced improvements in forecast-building efficiency, collection productivity, and a notable drop in average days sales outstanding. The company relies on its network of knowledgeable supporters from the finance software startup scene and respected individuals in the finance sector.