best cash flow forecasting software for small business

Running a small business can be hectic and overwhelming, especially when it comes to managing the finances. Keeping track of your cash flow is essential to ensure that you have enough money to cover your expenses and make critical investments. However, dealing with spreadsheets and manual calculations is not only time-consuming but also prone to errors. That’s where cash flow forecasting software comes in handy. In this article, we’ll take a look at some of the best cash flow forecasting software for small businesses that can help streamline your financial management processes and optimize your cash flow.

1. QuickBooks Cash Flow Forecasting Tool

QuickBooks is a popular accounting software that offers a cash flow forecasting tool for small businesses. This tool allows users to see their cash inflows and outflows and predict future cash balances. It is fully customizable and can be easily integrated with other QuickBooks tools.

The QuickBooks Cash Flow Forecasting tool is user-friendly and easy to set up. It allows you to create a 12-month forecast and compare your actual cash inflows and outflows to your projected amounts. You can also view cash flow in different time periods, such as weekly, monthly, or yearly. This tool allows you to plan ahead and make informed financial decisions for your business.

Using the QuickBooks Cash Flow Forecasting tool helps keep track of your financial performance. You can also use this information to identify areas of your business where you may be overspending or where you can cut costs. Overall, QuickBooks is a great choice for small businesses looking for an easy-to-use cash flow forecasting tool.

2. Float Cash Flow Forecasting Tool

Float is a popular cash flow forecasting tool used by small businesses and accounting firms. This tool allows you to create a detailed cash flow forecast, view your projected cash balances, and track your actual cash inflows and outflows.

Float Cash Flow Forecasting tool helps you forecast cash flow for the next 90 days, six months, or a year, depending on your business needs. You can also create unlimited scenarios, so you can see how different events will impact your cash flow. For example, you can see how an increase in sales will affect your cash flow, or how a delay in payment from a customer will impact your cash reserves.

This tool also offers integrations with other accounting software like QuickBooks, Xero, and FreshBooks. This means that you won’t have to manually enter your financial data into Float, saving you time and effort.

3. PlanGuru Cash Flow Forecasting Tool

PlanGuru is a cash flow forecasting tool that offers a range of features for small businesses. This tool is useful for businesses that need to create detailed cash flow forecasts, with the ability to create different scenarios for planning purposes.

PlanGuru Cash Flow Forecasting Tool also allows you to import your actual financial data into the tool, so you can compare your projected cash inflows and outflows to your actual performance. This tool also offers a range of industry-specific forecasting templates, making it easier to forecast your cash flow if you’re in a specific industry.

PlanGuru allows you to create a 12-month forecast, and you can also create monthly or weekly forecasts. The tool also offers sophisticated analysis tools, allowing you to perform “what-if” scenarios and analyze the impact of potential events on your cash flow.

4. Fathom Cash Flow Forecasting Tool

Fathom is a cash flow forecasting tool that can help small businesses manage their cash flow effectively. This tool offers a range of features, including cash forecasting, budgeting, and performance analysis.

Fathom Cash Flow Forecasting Tool allows you to create a detailed cash flow forecast for your business. You can also import your actual financial data into the tool, so you can compare your projected cash inflows and outflows to your actual performance. This tool offers a range of pre-built cash flow forecast templates, making it easy for businesses to create a forecast quickly.

Fathom also offers a budgeting tool, allowing you to create a budget and compare your actual financial performance to the budgeted amounts. This tool also offers a range of performance analysis tools, allowing you to see how your business is performing compared to your industry peers.

5. Pulse Cash Flow Forecasting Tool

Pulse is a cash flow forecasting tool that offers a range of features for small businesses. This tool allows you to create a detailed cash flow forecast, monitor your cash balances, and track your actual cash inflows and outflows.

Pulse Cash Flow Forecasting Tool is easy to use and allows you to create a 12-month forecast with just a few clicks. You can also create different scenarios to see how different events will impact your cash flow. This tool also offers a range of integrations with other accounting software like QuickBooks and Xero.

One unique feature of Pulse is their cash flow monitor. This tool allows you to see your current cash balance, cash inflows, and outflows in real-time, giving you a clear picture of your business’s financial health. This tool is particularly useful if you need to monitor your cash flow closely.

6. Dryrun Cash Flow Forecasting Tool

Dryrun is a cash flow forecasting tool that is designed to help small businesses forecast their cash flow accurately. This tool allows you to create a detailed cash flow forecast, view your projected cash balances, and track your actual cash inflows and outflows.

Dryrun Cash Flow Forecasting Tool is easy to use and allows you to create a 12-month forecast quickly. You can also create different scenarios, allowing you to see how different events will impact your cash flow. This tool also offers integrations with other accounting software like QuickBooks, Xero, and FreshBooks.

One unique feature of Dryrun is their cash flow dashboard. This tool allows you to see your current cash balance, cash inflows, and outflows in real-time. This dashboard is user-friendly and easy to understand, making it easier to monitor your cash flow closely.

7. CashView Cash Flow Forecasting Tool

CashView is a cash flow forecasting tool that offers a range of features for small businesses. This tool allows you to create a detailed cash flow forecast, track your cash inflows and outflows, and monitor your actual financial performance.

CashView Cash Flow Forecasting Tool is easy to use and allows you to create a 12-month forecast quickly. You can also create different scenarios, allowing you to see how different events will impact your cash flow. This tool also offers integrations with other accounting software like QuickBooks, Xero, and FreshBooks.

One unique feature of CashView is their cash flow heatmap. This tool allows you to see your cash flows in a visual format, making it easier to understand your cash flow patterns. This tool is particularly useful if you need to monitor your cash flow closely.

8. CashAnalytics Cash Flow Forecasting Tool

CashAnalytics is a cash flow forecasting tool that offers a range of features for small businesses. This tool allows you to create a detailed cash flow forecast, track your cash inflows and outflows, and monitor your actual financial performance.

CashAnalytics Cash Flow Forecasting Tool is easy to use and allows you to create a 12-month forecast quickly. You can also create different scenarios, allowing you to see how different events will impact your cash flow. This tool also offers integrations with other accounting software like QuickBooks and Xero.

One unique feature of CashAnalytics is their cash flow dashboard. This tool allows you to see your current cash balance, cash inflows, and outflows in real-time. This dashboard is user-friendly and easy to understand, making it easier to monitor your cash flow closely.

9. Futrli Cash Flow Forecasting Tool

Futrli is a cash flow forecasting tool that offers a range of features for small businesses. This tool allows you to create a detailed cash flow forecast, track your cash inflows and outflows, and monitor your actual financial performance.

Futrli Cash Flow Forecasting Tool is easy to use and allows you to create a 12-month forecast quickly. You can also create different scenarios, allowing you to see how different events will impact your cash flow. This tool also offers integrations with other accounting software like QuickBooks, Xero, and Sage.

One unique feature of Futrli is their cash flow map. This tool allows you to see your cash flows in a visual format, making it easier to identify trends and patterns. This tool is particularly useful if you need to monitor your cash flow closely.

10. Zoho Books Cash Flow Forecasting Tool

Zoho Books is a popular accounting software that offers a cash flow forecasting tool for small businesses. This tool allows you to see your cash inflows and outflows and predict future cash balances. It is fully customizable and can be easily integrated with other Zoho tools.

Zoho Books Cash Flow Forecasting Tool is user-friendly and easy to set up. It allows you to create a 12-month forecast and compare your actual cash inflows and outflows to your projected amounts. You can also view cash flow in different time periods, such as weekly, monthly, or yearly. This tool allows you to plan ahead and make informed financial decisions for your business.

Using the Zoho Books Cash Flow Forecasting Tool helps keep track of your financial performance. You can also use this information to identify areas of your business where you may be overspending or where you can cut costs. Overall, Zoho Books is a great choice for small businesses looking for an easy-to-use cash flow forecasting tool.

The Top 10 Best Cash Flow Forecasting Software for Small Businesses

Cash flow is the lifeblood of any small business, and forecasting cash flow is crucial to the success of your business. Fortunately, there are many cash flow forecasting software available on the market that can help you manage your cash flow more effectively. Here we’ve compiled the top 10 best cash flow forecasting software for small businesses.

1. QuickBooks Online

QuickBooks Online is a popular accounting software designed for small businesses. It offers robust cash flow forecasting tools that allow businesses to predict their cash flow based on historical data, create custom forecasting models, and monitor cash flow in real-time. With QuickBooks Online, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

2. Float

Float is a cash flow forecasting software designed specifically for small businesses. It offers a simple and intuitive user interface that makes it easy to generate accurate cash flow forecasts quickly. With Float, businesses can create custom forecasting models, track expenses, and monitor cash flow in real-time. Float also integrates with other financial software such as Xero, QuickBooks Online, and FreeAgent.

3. Xero

Xero is another popular accounting software designed for small businesses. It offers a robust cash flow forecasting tool that allows businesses to create custom forecasting models, track expenses, and monitor cash flow in real-time. With Xero, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

4. Sage Intacct

Sage Intacct is a cloud-based accounting software designed for small to medium-sized businesses. It offers robust cash flow forecasting tools that allow businesses to predict their cash flow based on historical data, create custom forecasting models, and monitor cash flow in real-time. With Sage Intacct, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

5. PlanGuru

PlanGuru is a comprehensive forecasting software that offers both cash flow and financial forecasting tools. It allows businesses to generate accurate cash flow forecasts based on historical data, create custom forecasting models, and monitor cash flow in real-time. With PlanGuru, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

6. Fathom

Fathom is a cloud-based financial reporting and analysis tool designed for small businesses. It offers a robust cash flow forecasting tool that allows businesses to create custom forecasting models, track expenses, and monitor cash flow in real-time. With Fathom, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

7. Pulse

Pulse is a simple and streamlined cash flow forecasting software designed for small businesses. It allows businesses to generate accurate cash flow forecasts based on historical data, create custom forecasting models, and monitor cash flow in real-time. With Pulse, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

8. Dryrun

Dryrun is a cash flow forecasting tool designed for small businesses. It allows businesses to generate accurate cash flow forecasts based on historical data, create custom forecasting models, and monitor cash flow in real-time. With Dryrun, businesses can also create scenarios and forecasts to test the impact of different variables on their cash flow.

9. Cashflow Manager

Cashflow Manager is a cash flow forecasting software designed for small businesses. It allows businesses to generate accurate cash flow forecasts based on historical data, create custom forecasting models, and monitor cash flow in real-time. With Cashflow Manager, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

10. Pulseway

Pulseway is a cloud-based remote monitoring and management software designed for small businesses. It offers a robust cash flow forecasting tool that allows businesses to predict their cash flow based on historical data, create custom forecasting models, and monitor cash flow in real-time. With Pulseway, businesses can also generate professional financial reports and budgets to support their cash flow forecasting.

Why Should Small Businesses Use Cash Flow Forecasting Software?

Cash flow forecasting software is essential for small businesses that want to stay on top of their financial health. Here are some reasons why:

1. Avoid Cash Flow Problems

With cash flow forecasting software, you can get a clear idea of your business’ financial position and predict any potential cash flow problems that might arise. This gives you a chance to take preventive measures, such as cutting expenses before they harm your business’s financial stability.

2. Make Informed Decisions

With the help of cash flow forecasting software, you can make informed business decisions. By analyzing your cash flow projections and identifying potential cash gaps, you can make decisions about hiring, expanding, taking on debt, or investing in new ventures.

3. Improve Financial Planning

Cash flow forecasting software helps you plan your business finances more effectively. By analyzing your cash flow data, you can plan and prioritize your spending to align with your business’s financial goals. This can help improve your financial planning and ensure your business runs smoothly, even during challenging times.

4. Streamline Accounting Processes

Cash flow forecasting software can help you streamline your accounting processes. By automating your financial data collection and analysis, you can reduce the chance of errors and ensure that your financial reports are accurate and up-to-date. This can save you hours of manual bookkeeping each month, allowing you to focus on more strategic tasks.

5. Boost Investor Confidence

Cash flow forecasting software can give investors confidence in your business. By providing accurate and reliable cash flow projections, you can show investors that you have a clear financial plan and a solid business strategy. This can help you secure funding and build long-lasting relationships with investors.

Looking for the best cash flow forecasting software for your small business? Check out this review of top options, including Float, a popular choice for its easy-to-read visuals and customizable reports.

Conclusion: Cash Flow Forecasting Made Easy

We hope this article has helped you find the best cash flow forecasting software for your small business. Remember, keeping track of your cash flow is crucial for the success of your business, and the right software can make it easier than ever. Don’t forget to check out our other articles and come back for more helpful tips. Thanks for reading and see you again soon!