TrustRadius Insights
Users have found the software to be immensely helpful in automating and streamlining their number production process. By providing an …
Starting at $6,000 per year
View PricingOverview
What is CashAnalytics?
CashAnalytics is a cash flow reporting platform that aims to streamline cash flow forecasting, bank account reporting, and working capital analysis. It is targeted at mid-market companies and is utilized by treasury managers, CFOs, financial analysts, finance directors, and controllers across various...
Recent Reviews
Leaving a review helps other professionals like you evaluate Treasury Management Software
Be the first one in your network to review CashAnalytics, and make your voice heard!
Get StartedPricing
Power User
$6000
Cloud
per year
Team
$13,200
Cloud
per year
Enterprise
Custom Pricing
Cloud
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://www.cashanalytics.com/pricing…
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $6,000 per year
Product Details
- About
- Tech Details
What is CashAnalytics?
CashAnalytics is a cash flow reporting platform that aims to streamline cash flow forecasting, bank account reporting, and working capital analysis. It is targeted at mid-market companies and is utilized by treasury managers, CFOs, financial analysts, finance directors, and controllers across various industries.
Key Features
Cash Flow Forecasting: According to the vendor, CashAnalytics replaces complex spreadsheet cash flow models and manual work with a software-based cash forecasting solution. It connects directly to banks and ERP systems to automate the capture of cash flow data and create tailored cash flow forecasts.
Bank Account Reporting: The vendor states that CashAnalytics connects directly via API to thousands of banks worldwide, providing consolidated and per account/bank cash visibility. It also automates the categorization of transactions in real time.
AP and AR Analytics: CashAnalytics offers in-depth analysis of AP and AR data to understand key drivers of cash flow and customer payment behavior. It aims to improve accuracy in forecasting collections and payables, while identifying areas for improving free cash flow.
Seamless integration with ERP systems: CashAnalytics claims to seamlessly integrate with ERP systems to automate the creation of short to medium-term forecasts. It provides deep insights into customer payment behavior and identifies cash flow improvement opportunities.
Set up and Support: The vendor offers dedicated implementation management and an individual project plan. They provide assistance with account set up, data import, and user training, along with on-hand support during the first reporting cycle.
Automated Bank Account Reporting: CashAnalytics centralizes all bank account reporting and connects via API to thousands of banks across the globe. This is said to provide a single source of all bank account data and automate transaction categorization.
Account Receivable & Payable Analytics: CashAnalytics aims to automate short to medium-term forecasting using AP and AR data combined with machine learning. It provides insights into customer payment behavior and historic cash flow trends by capturing AP and AR data directly from ERP systems.
Automated Cash Flow Forecasting: According to the vendor, CashAnalytics automates the cash forecasting process and reduces manual effort by up to 90%. It connects directly to ERPs and banks to streamline data capture and offers flexible and customizable cash flow models.
Detailed Variance & Accuracy Analysis: CashAnalytics allows for variance analysis of actual and forecast cash flow data. It identifies factors impacting forecast accuracy and aims to facilitate continuous improvement. The product provides reliable and actionable cash flow insights.
Multi-Business Unit Consolidation Reporting: CashAnalytics offers customizable cash flow models to meet specific requirements and manage multiple business units and currencies through a single model. It provides a suite of dashboards and reports for clear cash flow visibility.
CashAnalytics Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
Comparisons
Compare with
Reviews
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
Users have found the software to be immensely helpful in automating and streamlining their number production process. By providing an overall graph of the business's inflow of money and revenue generation, the software enables companies to gain a comprehensive understanding of their financial resources. This has proven especially valuable for forecasting and planning purposes, as the software offers end-to-end analysis of accounts and financial statements, empowering users to make informed business decisions. Additionally, the software's ability to provide various types of analytics, including capital and resource forecasting, has been highly appreciated by users. It not only saves time but also offers good visibility in reports.
Furthermore, users have expressed a need for solutions related to SEO and marketing, which indicates that the software could benefit businesses in these areas as well. In addition to its wide applicability across industries, the software has specifically seen adoption in the healthcare sector for forecasting and management purposes. Integrating treasury department processes into the rest of an organization has posed challenges for many organizations, but this software addresses such concerns effectively. Users report significant savings in cash flow and overhead expenses, with a 15% reduction observed on average. As businesses expand, the software proves to be a valuable tool for managing cash flow and related tasks while saving time and effort.
Ease of Use: Many users have found the tool to be incredibly user-friendly and intuitive, making it suitable for budgeting and daily financial tasks. The simple interface allows for easy navigation and quick access to key features.
Efficiency: Several reviewers have mentioned that the tool significantly improves productivity by saving time and energy. Its streamlined workflows and automated processes enable users to perform tasks quickly and efficiently, reducing manual effort.
Versatility: Users appreciate the tool's flexibility in providing various types of capital reporting and analytics. Whether it's generating Profit & Loss statements or analyzing cash flow trends, the tool offers a wide range of functionalities that cater to different financial analysis needs.
Insufficient attention to expenses: Some users have expressed concern that the software does not pay enough attention to expenses, potentially leading to improper business decisions and negatively impacting the economy. Enhancing the expense tracking and analysis features of the software would address this issue.
Room for improvement on the product side: Several reviewers have mentioned that there is still room for improvement in terms of the software's features and functionality. Continuous updates and enhancements should be made to meet user expectations and stay competitive in the market.
Data authentication concerns: Users have highlighted data authentication as a concern, particularly when dealing with a legacy system. This raises potential issues regarding the accuracy and reliability of the information being processed. Implementing robust data authentication protocols can help alleviate these concerns.