Manage your finances effectively and understand where your money is coming from and where your finances are flowing out to make data-driven decisions. Saying that is one thing but implementing strategies to achieve that feat is a whole different story. Get a tool to aid you with the processes by securing robust cash flow management software as early as now. 


29+ Cash Flow Management Software

1. Causal

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Rating: 4.8/5

Price: FREE

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2. Invoiced

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Rating: 5/5

Price: $500/month

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3. Float Cash Flow Forecasting

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Rating: 5/5

Price: $44.16/month

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4. Tesorio

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Rating: 4.8/5

Price: Custom

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5. SAP Cash Application

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Rating: 4.5/5

Price: Custom

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6. Payference

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Rating: 5/5

Price: FREE

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7. Primetric

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Rating: 5/5

Price: $17.10/month

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8. Cashbook

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Rating: 5/5

Price: Custom

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9. SAP Cash Management

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Rating: 5/5

Price: Custom

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10. Commitly

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Rating: 4.3/5

Price: $62.28/month

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11. Nomentia

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Rating: 5/5

Price: Custom

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12. PlanGuru

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Rating: 5/5

Price: $39/month

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13. CashControl

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Rating: 5/5

Price: $4.99/month

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14. Dryrun

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Rating: 4.9/5

Price: $200/month

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15. HighRadius Integrated Receivables

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Rating: 4.8/5

Price: Custom

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16. Caflou

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Rating: 5/5

Price: $11/month

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17. CashAnalytics

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Rating: 5/5

Price: $475.56/month

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18. CashController

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Rating: 5/5

Price: $2774.11/month

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19. CashFlowTool

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Rating: 5/5

Price: FREE

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20. Fluidly

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Rating: 5/5

Price: Custom

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21. Pulse

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Rating: 4.5/5

Price: $59/month

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22. Trovata

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Rating: 5/5

Price: $500/month

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23. Zeller

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Rating: 5/5

Price: FREE

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24. Apruve

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Rating: 5/5

Price: Custom

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25. Cash Flow Mojo Software

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Rating: 5/5

Price: FREE

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26. Cashforce

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Rating: 4.7/5

Price: Custom

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27. Fathom

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Rating: 5/5

Price: $44/month

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28. FINSYNC

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Rating: 4.6/5

Price: FREE

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29. Navient Portfolio Management

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Rating: 5/5

Price: Custom

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30. ProfitBoard

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Rating: 5/5

Price: Custom

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What Is Cash Flow Management Software?

Cash flow management software refers to the digital solution helping companies and organizations manage the flow of finances coming in the business and the outflow of money. This tool for digitizing your processes allows you access to software systems and modules you need in an integrated platform. Also, it gathers and measures data analytics and has reporting capabilities helping users visualize and track financing activities and the changes that happen.

With this cash flow management solution, you can record and document the history of financial transactions. In addition, this modern solution allows integration with accounting software and invoice management systems. 

Benefits

Using this technology will benefit your cash flow practices in plenty of ways. For one, it eliminates the need to undergo repetitive processes and minimizes required manual intervention, which improves productivity and accuracy with your workflows. Also, it increases transparency and increases the results that you can achieve with your financial management tasks. 

Features

Ensuring you can complete your cash flow management practices and attain expected outcomes entails the overwhelming process of filtering the available options in the software market and selecting the one most suited for your organization. Although you can configure most of them to fit your needs and align with your strategic goals, it is advisable to look out for essential factors. Your ideal cash flow management software should have the following features:

  • Financial reporting tools
  • Multi-currency support
  • Budgeting and forecasting capabilities
  • Financial predictive analytics
  • File sharing tools
  • Collaboration software functionalities
  • Financial planning tools
  • Workflow automation capabilities
  • Third-party applications integration

Top 10 Cash Flow Management

1. SAP Cash Application

With SAP Cash Application software, you can access machine learning and invoice matching automation capabilities. SAP has employed 102,430 people and has a revenue of 30 billion dollars.

2. Nomentia

Functionalities for liquidity management and payment management are features you can use in this treasury software. They have generated a revenue of 14 million dollars and have employed 75 people. 

3. Cashbook

Cashbook is an accounting platform that provides users with transaction monitoring and payroll management capabilities. They have 51 employees and have 11 million dollars in generated revenue. 

4. Tesorio

When using this billing and invoicing solution, you can streamline tasks for check processing and aging tracking. They have 6.6 million dollars in generated revenue and have 51 employees.

5. CashControl

CashControl is a digital solution with functionalities for expense tracking and managing recurring income. They have over 5 million dollars in revenue and have about 25 employees. 

6. Float Cash Flow Forecasting

With this budgeting platform, you can use budgeting and forecasting features. They have 33 employees in their team and have a generated revenue of 2.8 million dollars. 

7. PlanGuru

PlanGuru is budgeting software that has functionalities for managing profit/loss statements and income/balance sheets. They have a revenue of 2.2 million dollars and have 15 people working for them.

8. Invoiced

This accounts receivable software has payment processing capabilities and a billing portal. They have a generated revenue of 1.2 million dollars and have 14 employees.

9. Causal

This financial management solution has tools for data visualization and investment management. They have 13 people in their team and have over 1 million dollars in revenue. 

10. Commitly

Functionalities for financial reporting and analyzing what-if scenarios are accessible in this software. They have four people working for them and have estimated revenue of 1 million dollars. 

FAQs

What are the responsibilities of a cash manager?

Cash managers are responsible for overseeing activities and operations that concern the business finances. Their duties include managing tasks for payment processing, transferring funds, curating reports and documentation, analyzing cash flow, and a lengthy list of other financial management practices. Developing strategies to optimize processes and resolve issues is also part of the job.

What are tips for successful budget management?

Similar to other business functions, you can increase the effectiveness of your processes by consulting data when making appropriate adjustments and deciding on crucial categories. Also, it would be helpful to determine the priorities of your company and keep track of expenses. Another tip is to undergo financial planning while preparing a response for unexpected situations and emergencies.

Why is managing cash flow essential for businesses?

Successfully managing cash flow ensures that you have enough resources to spare for your investments, operations and for pursuing business growth. Also, it helps you make the best decision for the benefit of your organization for critical moments. Additionally, these practices play a role in maximizing profitability and enhancing financial risk management strategies.

Ensure to anchor your strategies in the right direction in expanding your business and meet your business needs optimally by digitizing your cash management tasks with the right software technology. Transact more securely, increase transparency to build trust with essential stakeholders, and gain more confidence with your financial operations with the best cash flow management software.


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