Top 10: Cash Flow Tracking software

Updated: October 19, 2023

Cash flow tracking software is a specialized tool designed to help businesses monitor and manage their cash flow effectively. This software enables businesses to track incoming and outgoing cash transactions, forecast cash flow, and gain real-time visibility into their financial health. With cash flow tracking software, businesses can monitor payment collections, track expenses, and identify trends that may impact cash flow. It often integrates with accounting systems and bank accounts, automatically updating cash flow data, reducing manual data entry, and improving accuracy. By providing valuable insights into cash flow patterns and trends, this software empowers businesses to make informed financial decisions, ensure sufficient liquidity, and maintain healthy cash flow levels to support operational and growth needs. Cash flow tracking software is a critical tool for businesses seeking financial stability and success by maintaining a clear and accurate view of their cash position. Some of the most popular cash flow tracking software options are listed below.

See also: Top 10 Online Accounting software

2023. Statement, a cash flow management platform for enterprise, raises $12M



Statement, a startup dedicated to creating a platform for managing enterprise cash flow, has secured $12 million in seed funding. Positioned as a "cash intelligence" solution, Statement caters to businesses engaged with multiple banks, aiding them in liquidity management and predicting cash flow. The platform seamlessly integrates with various banking institutions and existing systems, such as Google Sheets, Oracle Cloud, NetSuite, PayPal, and Stripe. By reconciling and synchronizing real-time financial data, Statement offers a clear view of a company's cash performance. Notably, it can automatically categorize transactions for financial reporting and forecast short- and long-term cash flow, utilizing historical data to enhance accuracy. Additionally, Statement's workflow automation tools empower teams to automate repetitive tasks, like cross-checking between banks and rectifying reporting errors.


2019. Cash Flow Tracking software Tesorio raised $10M


Tesorio, a startup specializing in assisting businesses with consolidating and analyzing their cash flow data, has successfully raised $10 million in a Series A funding round. The company is addressing a fascinating yet surprisingly underserved market, considering that every company desires to closely monitor its cash flow. Despite this, many companies still rely on Excel spreadsheets for this purpose. Tesorio offers a solution that aggregates all cash flow data, comparable to Mint's function for individuals, and applies AI models to predict a company's overall financial well-being. Notable customers already benefiting from Tesorio's services include Veeva Systems, Box, and WP Engine.


2014. Zoho Books became available on iPad



Zoho has recently unveiled the new Zoho Books iPad app, designed specifically for iPad, iPad Air, and iPad Mini. This native application has been optimized to provide a seamless experience on your tablet, enabling you to manage your business operations from anywhere. The iPad app offers all the key functionalities available in the web version, empowering you to efficiently run your business on the go. Upon launching the app, you will be greeted with an interactive dashboard that delivers crucial insights into your business. Instantly access information regarding your receivables, payables, and cash flow, enabling you to evaluate the performance of your business and identify areas that require attention. Moreover, Zoho Books for iPad offers various features, including business expense management, time tracking, timesheets, estimates, and a range of informative reports.


2014. Oracle E-Business Suite unveiled cloud-centric apps



Oracle has recently updated its ERP solution, E-Business Suite, with enhanced integration with the company's cloud services and improved tablet compatibility. The Financials module now integrates with Oracle Revenue Management Cloud, allowing users to take advantage of the revenue compliance and recognition benefits offered by that product. Furthermore, enhancements in Project Contracts and Project Billing enable U.S. federal contractors to optimize cash flow, increase transparency, and automate billing processes. The Purchasing module has also received improvements to enhance buyer productivity when handling large orders. These changes include the introduction of Web ADI-enabled spreadsheet creation and modifications to purchase order lines, schedules, and distributions. Web ADI, also known as Applications Desktop Integrator, is Oracle's tool for integrating its applications with Microsoft Excel.