How to generate an accurate cashflow forecast – 3 key factors
One would imagine that in a world where smart cities and virtual reality are becoming a part of daily reality, treasury and finance departments would have[…]
Cash forecasting & Smart Treasury: we coined it.
Platform for the Modern CFO and Corporate Treasurer.
Works With or Without a TMS.
Trusted by:
We seamlessly integrate with:
Why choose Cashforce?
Drill-down to the transactional details
Cashforce users can drill down to the actual cash flow drivers, hence gaining full transparency into what exactly drives the cash flow of complex multinational, multi-bank, multi-currency, complex ERP(s) enterprises.
Accurate cash forecast
By connecting to all cash-impacting data sources, Cashforce succeeds to build a highly accurate cash forecast. Smart algorithms are applied to provide even more accuracy and will show pro-active optimization actions.
Seamless integration
Thanks to out-of-the-box connectors, we seasmlessly connect our platform with any ERP system. These connectors have a proven record of successful projects and enable a swift and seamless integration between your system(s) and Cashforce, guaranteeing a fast implementation.
Our Modules
Cash Management
Features
General Description
We help you manage your corporate cash flow. Cashforce offers insight into your current realtime cashflows from all data sources (ERP – Bank statements – Non-ERP Data).
Cashforce is unique because it offers transparency into what exactly drives the cash flow of complex enterprises (multinational, multi-bank, multi-currency, several or complex ERP(s)).
Cashforce offers 2 fully automated cash classification methods. We offer the traditional cash classification based on bank statements, yet also offer a state-of-the-art approach based on general ledger transactions from your ERP(s). This allows for extensive cash driver analysis and is unique on the market.
Manage your credit facilities from within the Cashforce platform. Our platform provides insightful overviews and comparisons such as credit facility vs headroom comparison, credit facility vs cash forecast comparison, etc.
Cash pools can be managed and analyzed through the platform. In a fully automated way, you will always have the most recent view on all your existing cash pools. At the same time, Cashforce will automatically compose a balancing proposal (including payment file) to optimize your cash pool in a cost-effective way.
Features
General Description
Our platform seamlessly integrates all your data sources through our Plug & play connector. Apply advanced & fully customizable cash flow logics to deliver astonishingly accurate cash forecasts.
Cashforce combines system-based data (ERP, CRM, Accounting System, Budget Systems, …) with manual input (including an audit trail for the group treasury). Our plug-and-play ERP connectors will automate the data collection from your IT landscape to our platform.
Cashforce has developed one of the most elaborate forecasting logics to bring your forecasting accuracy to the next level. Smart Logics can be defined and adapted completely to your company; from payment runs to actual customer payment behavior and this for each and every business unit.
The built-in simulation engine will give you the possibility to do an in-depth analysis of future scenarios. Our forecast vs actuals and forecast vs forecast functionalities are the right tools to help your organization save money by strategizing payables & receivables in the future.
Cashforce is created to manage complex organizations and forecasts: multi-entity, multi-ERP, multi-currency, multi-banks, etc. Our flexible reporting engine will give you the power to report across different dimensions for short-, mid- and long-term forecasts, in just a few clicks.
Features
General Description
Have a clear view on your current working capital. Even in the most complex businesses, KPI's and trends are monitored for AR, AP and inventory process (Order-to-Cash, Purchase-to-Pay, Inventory analytics).
Analyze the cash conversion cycle from high level till the transactional level details. At any time, Cashforce offers the possibility to dive into the transaction level, to analyze exactly what is driving the cash.
Cashforce’s unique vision on working capital means that actual business departments such as sales, logistics and purchasing should be involved as well. Our platform will segment different user types to show each segment the insights & actions they need to lift working capital efficiency to the next level.
Each day, Cashforce will show the most recent Working Capital KPIs that are relevant for your business. On top of this, our platform has a powerful visualization engine, enabling you to have an immediate view on the most important KPIs & issues.
Perform simulations to evaluate potential working capital measures. You can play with payment terms, delivery dates and more to see how much working capital can be unlocked. Keep track of all created scenarios to compare and pick the best one to execute.
Features
General Description
With the ‘Smart Treasury’ module, all your day-to-day Treasury operations will be streamlined like never before
Cashforce will automate different aspects of your treasury operations: treasury payment file generation, accounting entry generation, MTM calculation, (ICO) netting processes, etc.
Our platform has one of the most flexible reporting engines on the market. Through a ‘self-service’ environment, users can easily create custom reports for various purposes. Reporting across multiple dimensions, currencies, entities, cash pools, maturities, etc. is easy and can be done without interaction with IT.
Cashforce will automatically generate accounting entries for your treasury instruments and send these entries, in the correct format, to your ERP system(s). Similarly, we will generate payment files for your treasury instruments and automatically integrate with your payment platform.
Cash flows originating from your treasury instruments within the Smart Treasury module, will automatically be fed into the cash forecast.
Cash Flow Analytics
Cash Forecasting
Working Capital Analytics
Smart Treasury
Customer success stories
“Cashforce was implemented in a short time in a complex environment. Thanks to Cashforce, we can now actively monitor and optimize our working capital & cash flow situation”
Alcadis is a Belgian-based importer and distributor of cars, active across six different countries. They can now count on an accurate cash forecast that is automatically consolidated from the different IT systems at the company, strenghtened by manual input and validation.
On top of that, Cashforce offers an insight in its working capital through a deep-down view on Alcadis’ KPIs related to its Forecast-To-Fulfill, Order-To-Cash and Purchase-To-Pay processes.
“Cashforce created a solution that interfaces directly with our ERP system and drills down to the actual order or line item that drives a particular cash movement”
With high trade volumes and a complex internationals organisation, a view on its cash position is key for the global dairy trader. Through the implementation of Cashforce, Interfood went from a 5-day visibility of their cash flow and borrowing base, to a visibility of 3 months ahead.
“The Cashforce team succeeds to understand the core of the manufacturing processes required to realize efficient development & deployment of such intelligent applications.”
Plastiflex is the world leader in developing and manufacturing hose system solutions for a variety of applications, from health care to floor care.
As a working capital intensive business, they can now be on top of what is happening with their working capital, every step of the way.
“Cashforce created a solution that interfaces directly with our ERP system and drills down to the actual order or line item that drives a particular cash movement”
With high trade volumes and a complex internationals organisation, a view on its cash position is key for the global dairy trader. Through the implementation of Cashforce, Interfood went from a 5-day visibility of their cash flow and borrowing base, to a visibility of 3 months ahead.
“Cashforce was implemented in a short time in a complex environment. Thanks to Cashforce, we can now actively monitor and optimize our working capital & cash flow situation”
Alcadis is a Belgian-based importer and distributor of cars, active across six different countries. They can now count on an accurate cash forecast that is automatically consolidated from the different IT systems at the company, strenghtened by manual input and validation.
On top of that, Cashforce offers an insight in its working capital through a deep-down view on Alcadis’ KPIs related to its Forecast-To-Fulfill, Order-To-Cash and Purchase-To-Pay processes.
“Cashforce created a solution that interfaces directly with our ERP system and drills down to the actual order or line item that drives a particular cash movement”
With high trade volumes and a complex internationals organisation, a view on its cash position is key for the global dairy trader. Through the implementation of Cashforce, Interfood went from a 5-day visibility of their cash flow and borrowing base, to a visibility of 3 months ahead.
“The Cashforce team succeeds to understand the core of the manufacturing processes required to realize efficient development & deployment of such intelligent applications.”
Plastiflex is the world leader in developing and manufacturing hose system solutions for a variety of applications, from health care to floor care.
As a working capital intensive business, they can now be on top of what is happening with their working capital, every step of the way.
“Cashforce created a solution that interfaces directly with our ERP system and drills down to the actual order or line item that drives a particular cash movement”
With high trade volumes and a complex internationals organisation, a view on its cash position is key for the global dairy trader. Through the implementation of Cashforce, Interfood went from a 5-day visibility of their cash flow and borrowing base, to a visibility of 3 months ahead.
In the News
Struggling with your liquidity forecast? Transform your forecasts from Bad to Best [webinar]
Too much manual effort and too little time for indispensable analysis, for many treasurers a daily reality. With automated and accurate forecasts & simulations within reach, this webinar explains[…]
Re-inventing treasury workflows: Smart Treasury
While the role of the treasurer is changing, it becomes increasingly challenging to maintain the current workflows and simultaneously take on new demanding tasks. One of[…]