Top 5 Cash Flow Forecasting Software 2022

Cash flow is the lifeline of every business. It indicates a company’s financial health and keeps its operations running smoothly. Understanding and measuring your cash flow is essential, but cash flow forecasting is even more important. Why? Because forecasts help you determine whether your business will run out of cash in the future.

Creating cash flow forecasts manually can be tedious. The software can speed up and even automate the process. Let’s look at the best cash flow forecasting software for small businesses to help you take back control of your business’s financial health.

1. Cash Flow Frog

If you’re looking for software for cash flow forecasting, it’s hard to beat Cash Flow Frog. It’s often rated as the best cash flow forecasting software for Xero, but it also integrates with other accounting tools, like QuickBooks.

Just sync up your accounts, and Cash Flow Frog will use your existing accounting data to create cash flow statements, forecasts and more. With this data in-hand, you can make smarter business decisions.

The great thing about this software platform is that it’s focused almost entirely on cash flow. With Cash Flow Frog, you can:

• Create cash flow forecasts and projections
• See your planned vs. actual cash flow
• View customer insights to see which ones are affecting your cash flow
• Create branded reports
• Create what-if scenarios to see how your decisions will affect your cash flow

Cash Flow Frog is an excellent option if you want detailed forecasting and projection options as well as other cash flow-related tools. 

2. PlanGuru

PlanGuru is a tool that helps businesses and organizations make better decisions and increase profit. But, while you can run cash flow forecasts with this software, that’s not its only purpose.

You can also create:

• Budgets
• View financial analytics
• Create long-term plans
• Run what-if scenarios

When it comes to cash flow forecasting, PlanGuru offers 20 different methods and allows for projections for up to 10 years.

If you’re looking for a tool that will help you not only create cash flow forecasts but offer help with planning and analytics, PlanGuru may be a good option. Just keep in mind that its functions are a bit more limited compared to other solutions on the market.

3. CashAnalytics

With CashAnalytics, you can manage your cash flow and create cash flow forecasts automatically. 

Along with forecast automation, CashAnalytics offers:

• Working capital analysis
• Bank and liquidity reporting
• Detailed cash flow reporting

Reports are highly customizable, intuitive and easy to use with data you can export to Excel. 

CashAnalytics is all about analyzing your cash and creating detailed reports that help you make better business decisions. But due to its complexity, it’s a solution that’s best suited for larger businesses with stakeholders and multiple departments. 

4. Scoro

Scoro is a robust financial tool that can help you not only manage your cash flow, but your workflow, too. It’s ideal for use as a personal cash flow forecasting software or for small businesses.

In addition to cash flow forecasting, you can also:

• Manage projects
• Automate routine tasks
• Manage sales and customer relationships
• Streamline your quote and billing process
• Run reports

Scoro integrates with more than 1,000 popular tools, like Slack, Trello, GitHub, Gmail and much more.

Scoro is a great tool for business owners who want a versatile solution to help with all aspects of running their business.

5. DryRun

DryRun is designed to help businesses automate financial tasks like cash management and financial modeling. With this easy-to-use and flexible platform, you can:

• Create and view cash flow statements
• Create model scenarios to test out different possibilities and outcomes
• Monitor risk to keep your business’s financial health in check

From one centralized platform, you can quickly view all of your overdue invoices and overdue bills that are impacting your cash flow. The risk monitor will also tell you when you’ll run out of cash, so you can take steps now to prevent that from happening.

DryRun integrates with several popular business tools, including Xero, QuickBooks, Excel, Sage Intact and more.

There are many solutions out there for cash flow forecasting, but these five platforms are some of the best available. While some are more versatile than others, they can all help you keep your cash flow in check and take steps to preserve your company’s financial health.