Cash flow management software enables businesses to monitor, analyze, and forecast the amount of money coming in and going out. They help companies track real-time inflows and outflows, identify trends, and ensure they have enough liquidity to run smoothly. Advanced systems also use historical financial and operational data to help predict cash flow issues and develop strategies to manage risk more effectively.
Cash flow management software is typically used by finance and accounting teams and often integrates with related financial systems, including accounting software, budgeting and forecasting software, invoice management software, and inventory management software.
To qualify for inclusion in the Cash Flow Management category, a product must:
- Provide users with detailed cash flow reports, identifying sources of income and areas of expenditure
- Allow editing of one-time and recurring cash flow items, with breakdowns by individual transactions or line items
- Integrate with financial systems to sync financial data automatically
- Offer cash flow forecasting tools that project future cash positions based on historical data