Name: Cashbook
Author: Cashbook

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Development

Business Intelligence (BI)

Collaboration

Contract Analysis

Enterprise Content Management

Payment Facilitation

Visitor Management

Enterprise

Accounting

CTRM

Travel Management

Finance and Accounting

Applicant Tracking

Compensation Management

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Access Gateways

Application Server

Cloud Storage

Container Security

Data Center Backup

Data Preparation

Embedded Database

Enterprise Service Bus

Fraud Detection

Infrastructure-as-a-Service

Integration Platform as a Service (iPaaS)

LAN Switches

Message Oriented Middleware

Mobile Data Security

Mobile Identity

Monolithic Frame-based Disk Arrays

Network Performance Monitoring

Storage as a Service (STaaS)

Value-Added Resellers (VARs)

Virtualization Management

Website Hosting

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Customer Advocacy

Ecommerce Personalization

Email Marketing

Marketing Attribution

Marketing Automation

Mobile Advertising

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Task Management

Professional Services

Customer Onboarding

Customer Relationship Management (CRM)

Sales Content Management

Sales Performance Management

Sales Training

Sales

Cloud Infrastructure Entitlement Management

Intrusion Detection

Virtualization Security

Security

Aviation

Fleet Management

Hospital Management

Intelligent Document Processing

Online Ordering

Online Voting

Practice Management

Veterinary

eDiscovery

Vertical-Specific

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### Accounting and Finance Management
Users generally praise Cashbook for its efficient accounting and finance management capabilities. They appreciate the secure and fast processing of the cashbook, which minimizes human errors and saves time. Integration with third-party applications is seen as a valuable feature, allowing for easy tracking of journal and ledger transactions. Small businesses find the automated features beneficial for budget tracking, expense management, and overall financial activities. While some users find the registration process cumbersome, the software's ease of use and real-time reporting are highlighted as significant advantages. Suggestions for improvement include simplifying user access and upgrading the user interface to align with modern accounting software standards. Despite some minor drawbacks, Cashbook is widely regarded as a reliable tool for managing accounting and finances, particularly for mid-sized organizations.

### Expense Tracking and Management
Users unanimously praise Cashbook for its exceptional expense tracking and management features. They appreciate how Cashbook simplifies the process of tracking expenses and income, providing valuable insights into spending patterns across different categories like groceries, retail, and utilities. Users find it convenient to have all their expenses and savings consolidated in one place, allowing for easy monitoring of where their money is being allocated. Cashbook's ability to help users effortlessly manage their daily cash flow activities and reconcile expenses and income has garnered positive feedback, particularly from small business owners. The platform's efficient expense tracking and management capabilities have significantly improved users' financial organization and decision-making processes.

### Cash and Bank Management
Users unanimously praise Cashbook for its efficient cash and bank management features. The reviews highlight the time-saving benefits of Cashbook in tracking daily cash transactions, maintaining bank records, and facilitating automatic bank reconciliation. Users appreciate the convenience of having instant access to cash and bank balances, eliminating the need for manual calculations. The consensus among users is that Cashbook's cash and bank management capabilities significantly streamline financial processes and enhance overall efficiency.

### Financial Reporting and Analytics
Users generally praise Cashbook for its efficient ledger management and real-time financial reporting capabilities. Reviewers consistently highlight the ease of tracking expenses, incomes, and savings in a single PDF report, providing valuable insights into spending patterns across different segments. The integration with third-party applications is also commended for streamlining journal and ledger transactions, particularly beneficial for small to medium-sized organizations. Additionally, users appreciate the time-saving features of Cashbook, such as automated bank reconciliation and daily cash management. Recommendations emphasize the tool's suitability for mid-sized organizations, citing its fast calculation speed and real-time balance sheet generation.

Cashbook, developed by Cashbook Limited, is a software solution designed to automate complex financial processes such as cash application, collections management, deductions management, accounts payable automation, and bank reconciliation automation. The software is suitable for companies of all sizes, from small businesses to large enterprises. It caters to finance professionals, accounts receivable and payable teams, collections teams, deductions management teams, financial controllers, CFOs, and various industries including manufacturing, food & beverage, automotive, retail, healthcare, financial services, transportation, and pharmaceutical.

## Key Features

**Cash Application Automation**: Automate over 95% of cash application transactions and streamline the entire accounts receivable process, potentially reducing days sales outstanding (DSO).

**Collections Management Software**: A centralized hub to log all notes, view lockbox images, eliminate deductions, and attach files with real-time information. The software utilizes historical performance to forecast payments and automatically generates user-defined dunning letters for overdue accounts.

**Deductions Management Software**: Automate more than 85% of deductions and recover unearned deductions. The software adapts deduction management to any bank file or remittance format, expediting review and approval processes. Users can create reason and deduction codes directly from remittance data, regardless of the ERP system.

**Accounts Payable Automation**: A global solution for automating electronic payment file creation, irrespective of ERP, bank, or location. The software facilitates a comprehensive approval process for payment runs and secure vendor bank account management. It also updates the accounts payable subledger and general ledger postings automatically.

**Bank Reconciliation Automation**: Automate up to 95% of bank reconciliation data using powerful matching rules. The software generates general ledger entries and allows for tolerance-based write-offs, serving as a reliable and centralized platform for bank reconciliation automation.

**Multiple ERP Integration**: Seamlessly integrates with various ERP systems, including XA/MAPICS, BPCS/LX, M3, JDE World, and E1. The software supports direct feeds from ERP Vendor Master and AP invoices, generating bank-specific files.

**Global Banking Integration**: Integrates with over 200 banks worldwide, supporting multiple languages and countries. The software implements country-specific banking formats and facilitates the creation and transmission of global payment files.

**Advanced Intelligence and Control**: Offers enhanced algorithms and configurable automation tailored to specific business requirements. The software provides additional functionality and capabilities beyond ERP packages, including Excel exports, notes, email, and workflow capabilities. It enables complete control and visibility over cash transactions, with a comprehensive audit trail.

Easy Integration: Several reviewers have found Cashbook to be easy to integrate with other third-party applications, allowing for seamless connectivity and data sharing. This has been appreciated as it saves time and effort by eliminating the need for manual data entry or importing/exporting of information.

Comprehensive Financial Tracking: Users have praised Cashbook for its ability to track journal and ledger transactions, providing a comprehensive overview of financial activities for an organization. This feature ensures that all financial transactions are accurately recorded and easily accessible, contributing to efficient financial management.

User-Friendly Interface: Reviewers have consistently highlighted the user-friendly nature and ease of use of Cashbook. They describe it as one of the best management apps they have ever seen due to its intuitive interface. The software's simplicity allows users to quickly navigate through different features without requiring extensive training or technical knowledge.

Tricky User Interface: Several users have found the user interface of Cashbook to be challenging and difficult to understand, especially for new users. They have expressed frustration with navigating through the software and mentioned that it can be easy to get lost within different sections. 

Lack of Customization: Some users feel that Cashbook is not as customizable as they would like. They have encountered difficulties in incorporating customizations according to their specific needs, which has limited their ability to tailor the software to their preferences.

Limited Financial Overview: While there were not many specific drawbacks mentioned, some users have indicated that Cashbook does not provide an overall picture or comprehensive view of the financial situation. This limitation hinders their ability to analyze and evaluate their financial data effectively.

Users of Cashbook have found the software to be extremely helpful in managing all their expenses and savings in one place, eliminating the need for relying on multiple tools. With the ability to track spending patterns across different segments such as grocery, retail, and utilities, Cashbook provides valuable insights into where money is being allocated. This proves especially beneficial for small to medium-sized companies as it can easily be connected to third-party apps or software, providing up-to-date balances and streamlining financial tasks.

The automation features of Cashbook have significantly reduced manual handling, increasing efficiency and accuracy in budget tracking, expense management, and overall financial activities. Small businesses appreciate the time-saving benefits of automatic bank reconciliation, which eliminates the need for labor-intensive manual methods. The convenience offered by Cashbook is another key advantage highlighted by users, as it eliminates the need for traditional hard book record-keeping and allows for easy installation, updating, printing, and sharing of records.

Cashbook also proves effective in managing various vendors, their accounts, transactions, and collections records, providing easy operation and accessibility. Furthermore, users value the ability to share workbooks and cashbooks in various formats like PDF and Excel, enabling them to record transactions organization-wise and manage multiple companies at a single point. Daily management tasks such as record-keeping of expenses and incomes, timely budgeting, reporting, bank record maintenance, and automatic bank reconciliation are seamlessly handled by Cashbook.

One notable use case mentioned by users is the seamless integration of Cashbook with existing ERP systems. This integration reduces time spent on manual lockbox file processing and allows the accounts team to focus on higher-value tasks. Ultimately, users have praised Cashbook's ability to reduce banking costs and save time processing lockbox files. Overall, Cashbook offers a comprehensive solution for managing finances efficiently while providing valuable insights into spending habits.

Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features further.

Early

Growing

Established

Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos. 

Users can create and send professional quotes and invoices, track income and expenses and know where the business' financials stand. Every Sage Business Cloud Accounting subscription includes unlimited access to support as well as automatic backups and product updates.

Cashbook

1 in 3 accounting software users find it difficult to choose the right tool. Find the best solution for you.

The Buyer’s Guide to Accounting Software

Software for tracking revenues and expenses and forecasting future revenue.

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Cash management

The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.

Bank reconciliation

The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

Expense management

The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

Time tracking

The software can track billable and non-billable employee time by project.

Fixed asset management

This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.

Multi-currency support

The software supports transactions across multiple currencies.

Multi-division support

The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

Regulations compliance

The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.

Electronic tax filing

The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

Self-service portal

The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Intercompany Accounting

Automatically balance and reconcile GL for intercompany transactions

Localizations

Meet reporting requirements with country-specific localizations

Journals and Reconciliations

Automate and synchronize ledgers and processes

Enterprise Accounting

Create accounting for disconnected ERP and non-accounting source systems

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Centralized Rules Framework

Integrate disparate ERP and transactional systems into single ERP instance

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Manufacturing module

The software helps track and manage raw materials, work-in-progress items, and finished goods.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

End-to-end order visibility

Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

Order exception Resolution

Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

Reimbursement management

Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.