Effective liquidity management is crucial even more when you are just starting since you have to monitor cash flow, forecast financial needs, and make informed decisions.
In other words, there’s just too much on your plate.
Luckily, this is where liquidity planning software comes in handy — to optimize cash flow forecasting and planning and mitigate risks associated with liquidity shortfalls.
We’ve created our list of the 9 best liquidity planning software so you can find your perfect tool.
Let’s dive in!
What is Liquidity Planning Software?
Liquidity planning software helps you manage your cash flow and ensure you have sufficient funds to meet your financial obligations.
Thus, it serves multiple purposes and provides various benefits:
- Provides a real-time overview of cash flows and accounts.
- Identifies potential liquidity bottlenecks early and suggests solutions.
- Optimizes surplus investments to achieve the best interest rates.
- Seamlessly integrates with existing systems and processes.
- Creates accurate forecasts and scenarios to support effective financial decisions.
- Proactively reduces bad debts by closely monitoring customer payment behavior.
9 Best Liquidity Planning Software To Try Today
Here’s a quick overview of our top picks and their highlights.
*All pros and cons are based on the user reviews from Capterra, TrustPilot, and OMR Reviews.
1. Puls Project
Puls Project is an all-encompassing financial management tool that helps SMBs:
- Identify and effectively address cash management issues.
- Streamline financial planning and liquidity management.
- Get access to loaning possibilities to close potential cash gaps or to invest.
Therefore, Puls’s main features and tools belong to the 3 key categories:
🔥 Loan Capabilities and
🔥 Cash Flow Planner.
Key Features Regarding Liquidity Planning
1. Multiple-banking Features
✨ Bank Account Linking — Allows you to connect a bank account from more than 4000 banks and manage them without changing tabs.
✨ Unified Account Management — Enables you to view and manage all companies and accounts in one place for an enhanced financial overview.
✨ Category and Label Assignments — Let you group financial activities across multiple banks and companies and assign labels to transactions for better
- Expense tracking,
- Spending optimization,
- Compliance, and
- Insights.
✨ Payments Management — Enables you to view balances of all accounts in one place, manage invoice payments, and observe a clear history of payments.
✨ Profitability Tracking — Allows you to analyze profitability by label, category, counterparty, company, or account.
2. Loan Capabilities
✨ Credit Limit Calculation — Automatically calculates your credit limit within 48 hours, based on group level, after connecting your business bank account.
The maximum amount is up to €100,000 for 12 months.
✨ Enhanced Credit Limit — Provides the possibility to increase your loan limit by connecting more accounts.
3. Cash Flow Monitoring
Provides tools to help you with liquidity planning, monitoring and forecasting.
✨ Cash Flow Monitoring — The moment our system detects a cash gap, we will inform you so you can take proactive steps to eliminate it.
✨ Centralized Financial Management — Enables you to track balances and spending across different accounts and companies from a centralized dashboard.
✨ Automated Expense Tracking — Once you’ve input your monthly expenses, we will display them the following month.
Pricing
Puls Project has a pay-as-you-go system (1 euro per day per feature), so you can turn the features on and off unlimited times.
In addition, you can test the tool for a few days and turn it off.
2. Board
Board is a financial planning platform for enterprises that analyzes your data and figures to provide detailed insights for better decision-making.
Thus, its solutions revolve around Financial Analysis and Reporting, Planning, Budgeting, and Forecasting.
Key Features:
✨ Financial Analysis and Reporting — Conducts in-depth financial analysis and reports on financial performance.
✨ Planning, Budgeting, and Forecasting — Provide a set of tools to:
- Handle large volumes of data with pre-built connectors for ERPs, business applications, etc.
- Identify correlations in financial, operational, and external data to create intelligent predictions.
- Build KPIs and models to identify risks and assess opportunities specific to your industry.
✨ Strategic Long-term Planning — Helps you choose the optimal solution at the right time with What-If analysis.
✨ Capital Planning — Plans capital assets thoroughly and shows the impact in real time on your P&L, Balance Sheet, and Cash Flow.
✨ Group Consolidation and Reporting — Enables you to define multiple scenarios, generate automatic calculations and rules, etc.
Pricing
Board’s pricing depends on the type of solution you want, and it is available upon request.
3. Helu
Helu is a financial management tool that helps you analyze, plan and collaborate.
Regarding integrations, you can connect your DATEV Data directly and sync all the reports. You can also integrate with Google Excel, Salesforce, Sage, etc.
Key Features:
✨ Templates — Let you create any report from scratch or view your P&L, balance sheet, and cash flow with customized templates
✨ Widgets — Turns pre-defined or customized KPIs into visual snapshots for better understanding.
✨ Planning — Enables you to manage your planned vs. actuals, correct discrepancies, leverage new insight, etc., due to rolling budgets.
✨ Liquidity Monitor — Generates a financial plan via rolling forecasts.
✨ Scenarios — Allow you to build endless scenarios to prepare for any "what-ifs."
Pricing
Hulu has 4 Premium Plans, depending on the number of features available. The pricing is custom and available upon request.
4. Companyon
Companyon is liquidity planning software that caters to small and medium-sized companies.
It offers planning, controlling, liquidity management, and corporate management solutions.
Key Features:
✨ Liquidity Forecast — Integrates all information from the available actual data from the P&L, sales and cost planning, etc., and shows your liquidity status.
✨ Liquidity Planning — Provides analysis of monthly cash flows and displays the change compared to previous periods.
✨ Budget Planning — Lets you plan sales, costs, and results based on your BWA structure.
✨ Reporting — Creates a BWA from the summary and balance lists and a forecast for all BWA positions.
✨ Target-actual Comparisons & Forecast — Combines your actual and planned data at different points to create a forecast for all P&L lines and plan-actual deviations.
Pricing
Companyon has 4 Premium plans, starting from €79, with a 14-day Free Trial.
5. SAP
SAP is a treasury and working capital management tool providing solutions to cash and liquidity.
Its main focus is on managing your treasury operations and mitigating financial risks.
Key Features:
✨ Treasury and Risk Management — Lets you simulate financial risk exposure and respond to changes in risk positions due to external factors.
✨ Cash and Liquidity Management — Helps you manage bank transfers, invests and borrows, and helps create cash-flow memo records for expected events, etc.
✨ Working Capital Management — Improves the efficiency of receivables management and automates related processes.
✨ Multi-Bank Connectivity — Lets you connect your ERP system and your banks with embedded EBICS and Swift connectivity.
✨ Forecasting — Analyzes actual cash flows and forecasts medium-term liquidity tendencies.
Pricing
Pricing options are available upon request, but according to user reviews, they are on the steeper side.
6. Kyriba
Kyriba is a cash and liquidity management tool that helps you gain insight into overall cash positions across multiple systems and regions.
Its products involve:
- Treasury
- Risk Management
- Payments
- Connectivity, and
- Working Capital.
Key Features:
✨ Liquidity Planning — Let you run multiple cash forecast cycles simultaneously with different data and What-if Scenarios.
✨ Connectivity — The real-time API Cloud Connectivity network integrates banks, ERPs, trading portals, data services, etc.
✨ Liquidity Reporting — Analyzes total liquidity by incorporating desired investment and credit data from the Debt and Investment modules.
✨ Kyriba Payments — Centralize and standardize company-wide payment workflows with task automation, error management, etc.
✨ Financial Transactions modules — Track and manage investment, debt, interest rate derivatives, and foreign exchange.
Pricing
Kyriba’s pricing is only available upon request, and there is no Free Trial.
7. Nomentia
Nomentia is cash and treasury management software that helps you optimize your cash flow, streamline treasury operations, and lower financial risks.
In addition, it allows you to fully centralize, control, and manage payments and provides rich integrations with banks, ERPs, financial systems, etc.
Key Features:
✨ Instant Visibility — provides instant visibility into all cash positions within the organization across all regions.
✨ Treasury Management — Enables you to centralize and optimize management of all treasury processes and responsibilities
✨ Liquidity Management — Combines all cash flow data from various systems and banks to analyze group-wide cash flows and liquidity positions.
✨ Liquidity Analysis & Reporting — Lets you create dynamic data views using various functionalities, such as aggregation, grouping, filtering, and others.
✨ Cash Management — Allows you to run your cash management processes and centrally optimize, track, and control cash flow.
Pricing
Pricing is upon request and based on your business needs.
8. Commitly
Commitly is cash flow planning software that provides real-time liquidity planning to SMBs.
Moreover, it integrates with banks, ERP systems, Stripe, and similar platforms.
Key Features:
✨ Flexible Planning — Covers short- and long-term planning, scenario analysis, and other plan creations related to actual figures and forecasts.
✨ Forecasting — Provides real-time liquidity forecasting, including detailed variance analysis.
✨ Cash Flow Planning — Displays real-time updates and data synchronization from your bank accounts.
✨ Liquidity Overview — Provides daily updates of the cash position
✨ Categorization — Automatically categorize and visually represent your liquidity status.
Pricing
Commitly has 4 Premium plans, starting from €55 per month, each with a 14-day trial.
9. Agicap
Agicap helps you improve financial planning and management, optimize financial operations, manage cash flow, and do data-based forecasting.
Furthermore, it lets you centralize, manage, and stock all your fixed and variable-rate bank loans and leases in all currencies and consolidate your group debt.
Key Features:
✨ Cash Flow Management — Enables you to categorize your cash flows automatically and define your incoming and outgoing payment categories.
✨ Cash Flow Forecast — Allows you to automatically generate your cash flow forecasts from the projected income statement.
✨ Consolidation Feature — Enables you to track your cash position on a group or entity level and forecast the expected cash arrival for each entity.
✨ Reporting — Allows you to create customized reports and dashboards to analyze your company's performance
✨ Reforcast — Enables you to perform variance and gap analysis with actual-plan or plan-plan comparisons.
Pricing
Agicap offers tailored solutions, and the price depends on the number of bank accounts, turnover, and business challenges.
Nonetheless, you can start for free.
What is The Best Liquidity Planning Software For Your Business?
Choosing a tool heavily depends on your size, needs, capacities, and, inevitably, the budget.
Our list provides suggestions whether you are a bigger company or an SMB.
Although all liquidity planning software we’ve included offers robust solutions, only one comes with loaning capabilities — Puls Project.
Why Go For Puls Project?
Puls Project is an all-in-one financial solution that addresses all the financial needs a company might have.
Thus, with Puls Project, you can:
💰 Benefit from real-time and accurate data since we sync all transactions multiple times daily.
💰 See all the current and future balances on a single timeline.
💰 Set a future-dated draft payment to immediately see its impact on your cash flow and make better decisions regarding fund allocation.
💰 Increase your available credit by adding another business account to close gaps. What’s more, you only return the amount you’ve spent.
And so much more.
Ready to take Puls Project for a test drive?
Sign up for Puls Project today to manage your cash flow without worrying about necessary funds.
Keep Learning:
6 Tips on How to Make Financial Projections
