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What cashflow software do you use?

Looking for recommendations

I use Yolt and Money Dashboard to keep track of my personal cashflow. Are there similar apps for small businesses? I want something that is not excel based

Functionality required is: direct bank feeds for accurate real-time balances, forecast upcoming payments/receipts, forecast bank balances on account-by-account basis. Ideally looking for something that is not an add-on for Xero, so it can be used with other software too

What do you or your clients use?

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03rd Mar 2019 01:42

Every one I have tried has been too simplistic. I recently trialled Fluidly, which does predict payments based on past performance and I don't think is limited to Xero. I'm looking for something similar to the old Winforecast, and it didn't live up to that (for me), but I believe it will do what you are looking for. Trial it and see.

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By johnt27
to Manchester_man
04th Mar 2019 12:02

If you're looking for a Winforecast equivalent you need to buy Castaway - it's the de facto replacement for Sage's only good software product!

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By yapiio
03rd Mar 2019 17:12

We use the Liquidity Management Dashboard provided by HSBC, it comes with a small fee, but it allows companies to monitor balances from different angles. It is useful especially if you engage in Treasury activities where you can monitor multiple foreign currencies and cash pool balances. The forecast feature is still in development and is due to be rolled out this year. Hope this helps : )

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By johnt27
04th Mar 2019 12:11

Many of the stand alone apps that used to do this are now part of some app marketplace for Xero or QBO. The reason for this is that they used to all use Yodlee, which charged a fee, so easier to pull from accounts software for free. As a consequence you're looking at cloud based providers.

For me Fluidly is the best app out there at present, but it's all a bit horses for courses really so I would trial all of the apps you can get your hands on. The banks have all started to cotton onto this now that they are facing competition from the likes of Starling and Coconut.

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