Cash flow management software manages the flow of incoming and outgoing funds within a business. Businesses use cash flow management software to maintain a positive cash flow as well as forecast future cash flow based on past transactions and historical financial or operational data within the software. Cash flow management software is most often implemented by financial and accounting departments within a company and is typically accompanied by other accounting and finance software that relate to cash flow management, such as budgeting and forecasting software and invoice management software.
To qualify for inclusion in the Cash Flow Management category, a product must:
Provide users with cash flow reports that indicate where money is coming in and where it's going
Allow users to add one-time or recurring items to cash flows, as well as line items for each payment or deposit
Integrate with users' accounting solutions