No matter the type of business you run, you want to have full control over your cash flow. You want to be able to forecast your cash flow for the next foreseeable future. That way, you will be able to take critical business decisions, such as saving on resources, cutting down on excessive and impulse spending, as well as other economic decisions. Cash flow forecasting can be extremely daunting for personnel to handle manually. However, using forecasting software can help you forecast and automate your cash flow management process.

In this post, we take a close look at some of the best cash flow forecasting software in the market and how they can help impact your business. The goal is to educate you on the benefits, as well as the pros and cons of each software solution, so you can make an informed buying decision.

6 Cash Flow Forecasting Software

  1. Fluidly – Best Cash Flow Forecasting Software in Terms of Ease of Use
  2. Primetric – Best Cash Flow Forecasting Software for IT Businesses
  3. Payference – Best Innovative Cash Flow Forecasting Software
  4. Cashforce – Best Cash Flow Forecasting Software in Terms of Flexibility
  5. KashFlow – Best Cash Flow Forecasting Software for Small Businesses
  6. PlanGuru – Best Cash Flow Forecasting Software in Terms of Sophistication

1. Fluidly – Best Cash Flow Forecasting Software in Terms of Ease of Use

PRICING: Starts at $33.68 a month

If you are looking for an efficient cash flow forecasting software solution for your business and organization, Fluidly is one of the best out there. This software presents new innovative ways for companies and enterprises to manage and plan their finances for better economic performance. Gone are the days when you hire a team of “experts” to manually handle your cash flow management; today, using a software solution like Fluidly makes everyone’s life much easier. With Fluidly you can automate the process efficiently and in real-time. Now you can easily view your cash history, open cash positions, and make critical financial decisions for the future.

When it comes to integration, you can always trust Fluidly, as it seamlessly integrates with your Quickbooks or Zero accounts, fetches data from those platforms, and use it to create interactive, easy-to-read charts. Fluidly is AI-powered and its intuitive interface makes it one of the most sought-after cash flow forecasting software solutions.

KEY FEATURES

  • Instant sync
  • Actionable insights
  • Chase debtors
  • See funding options
  • Web and in-app support
  • Model scenarios

REASONS TO BUY

  • Intuitive user interface
  • Excellent performance

REASONS TO AVOID

  • A few transaction limitations here and there

2. Primetric – Best Cash Flow Forecasting Software for IT Businesses

PRICING: starts at $9.00/user a month

Primetric offers businesses the resources they need to track and manage their finances better. Whether you own a startup or a large business with hundreds of employees, this software solution can come in handy. Primetric makes it easy for businesses to track and monitor their margins, availability, ad project progress of individual employees, and all of these can happen in real-time. When your company is looking to improve project profitability, Primetric can help you achieve that by helping you leverage current data, forecasts, and billings. The software solution is cloud-based, and while it is best suited to IT businesses, it is also extremely helpful for any type of business and size.

However, it is worth mentioning that Primetric does not have a free version or free trial, which means you have to do your due diligence and be sure you want to go with them before making any financial commitment.

KEY FEATURES

  • Resource management
  • Cash flow forecasting
  • Project accounting
  • Business intelligence
  • Integrations
  • Time-tracking

REASONS TO BUY

  • Intuitive user dashboard
  • Good customer support

REASON TO AVOID

  • They can do better in the area of customization

3. Payference – Best Innovative Cash Flow Forecasting Software

PRICING: Not available on the official website

Payference is another innovative financial and cash flow forecasting software solution for financial teams and CFOs. With this software solution, businesses can easily automate the monitoring and management of their cash flow process. They will then use the data to make crucial financial and economic decisions going forward. Using Payference allows businesses and financial teams to unite all their financial performance data in one interactive dashboard. Call it the new paradigm in financial and cash flow forecasting and you won’t be far from the truth. There’s no better way for businesses to monitor and manage their working capital options.

Payference does not have a free version or trial at the time of writing this piece, which may not sit well with some businesses that would love to try out the software solution before committing to a paid plan.

KEY FEATURES

  • Cash management
  • Collections management
  • Accounting integration
  • Data export/import
  • Overpayment processing
  • Approval process control

REASONS TO BUY

  • It is user-friendly
  • Great performance

REASON TO AVOID

  • Can be a bit technical for newbies

4. Cashforce – Best Cash Flow Forecasting Software in Terms of Flexibility

PRICING: Not available on the official website

Cashforce is a robust working capital and cash flow management software solution for businesses of all sizes. The goal of this platform is to provide businesses and enterprises with innovative resources to help them automate their cash flow forecasting and management. The software also provides lots of integration options that add loads of flexibility to your cash flow process. Also, treasury and finance departments can save money and time by using Cashforce because it provides accurate cash flow forecasting, treasury, and automation and reporting.

KEY FEATURES

  • Access permissions/control
  • Cash management
  • General ledger
  • Multi-company
  • Forecasting/budgeting
  • Audit trail
  • “What if” scenarios

REASONS TO BUY

  • Excellent performance
  • Clean user interface

REASON TO AVOID

  • Wish they could be more transparent with their pricing information

5. KashFlow – Best Cash Flow Forecasting Software for Small Businesses

PRICING: starts at $11.00 a month

If you are in search of an MTD-compliant accounting software solution, with support for VAT assessment, KashFlow will be an interesting option for you to consider. It has some innovative and attractive features that put you in the driving seat of your financial management. While the company is based in the UK, which explains why the prices on their official website are quoted in British Pounds, you can still make use of the software solution regardless of your geographical location. It is also one of the best solutions for small businesses.

KEY FEATURES

  • Estimates and quotes
  • Credit control
  • Cash flow forecasting
  • Change log
  • Reporting

REASONS TO BUY

  • Great customer support
  • Easy-to-use dashboard

REASON TO AVOID

  • A bit complex structure

6. PlanGuru – Best Cash Flow Forecasting Software in Terms of Sophistication

PRICING: starts at $99 a month

If you are in search of an efficient cash flow software solution to help take charge of your financial management, you may want to look in the direction of PlanGuru. It has a starting price of $99 a month, which we believe might be a bit steep for some startups. However, the software packs loads of advanced features and functionalities to help take your business’s financial and cash flow management to the next level.

KEY FEATURES

  • Forecasting
  • Profit/loss statement
  • “What if” scenarios
  • Consolidation
  • Income & balanced sheet

REASONS TO BUY

  • Excellent customer support
  • Great integration options

REASON TO AVOID

  • It’s a bit expensive for small businesses
  • Requires some form of learning curve use

References and Links

  • https://www.cubesoftware.com/blog/best-cash-flow-management-software-tools
  • https://www.g2.com/categories/cash-flow-management
  • https://sourceforge.net/software/cash-flow-management/
  • https://kayabooks.com/5-best-cash-flow-forecasting-software-for-2021/881/
  • https://blog.davidhoward.co.uk/some-of-the-best-software-tools-for-forecasting-cash-flow-reviewed
  • https://www.entrepreneur.com/article/222510