If you are a growing business, you definitely know the pains of allocating your financial resources and closing all the “leaking” gaps to avoid budget overrun.

Luckily, financial management tools, such as Commitly, can help you with efficient cashflow management.

However, despite being a popular tool, its steeper learning curve might make you search for other solutions.

Ready to check our list of top 4 Commitly Alternatives?

Let’s dive in!

4 Commitly Alternatives: Overview

Before we dig deeper into Commitly alternatives, here are highlights of each alternative.

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1. Puls Project

Puls Project is an all-in-one financial planning system specifically tailored to the needs of SMEs in the German market.

It allows business owners to input projected income and expenses and get a quick and visual overview of how their balance will change in the future.

What’s more, Puls Project made advanced capabilities once reserved for large enterprises available to smaller businesses, providing them with growth opportunities.

The software offers multi-banking, cashflow planner, and fast financing functions based on AI and ML technology.

This way, Puls effectively:

• Addresses cash management issues, 
• Provides an efficient financial planning tool and 
• Offers quick access to essential funds.

A stellar feature that differentiates Puls Project from similar competitors in the German market is that it allows instant business loans up to € 100,000.

On top of that, it does a rapid credit limit calculation from at least 48 hours for a period of up to 12 months. 

Key Features

1. Multi-Banking Software Features

This robust set of features facilitates the management, oversight, and operational efficiency of financial activities in multi-banking environments.

A great perk is that you can manage all bank accounts from a centralized place without switching tabs. 

🔥 Bank Account Linking

Link any bank account from over 4,000 banks to Puls within one minute, simplifying setup and integration.

🔥 Unified Account Management

View and manage all companies and accounts in one place.

🔥 Categories Assignment

Group financial activities across multiple banks and companies, aiding in expense tracking, spending optimization, compliance, and insights. 

🔥 Labels Assignment

Assign labels to transactions for grouping financial activities based on criteria such as project, department, or purpose.

🔥 Profitability Tracking

Analyze profitability over any time period by label, category, counterparty, company, or account.

🔥 CSV Download

Filter and download desired transactions in CSV format to share with clients or accountants.

🔥 Payments

View balances of all accounts in one glance, manage invoice payments efficiently, and maintain a clear history of payments. 

2. Loan Features

Loan features cover all aspects of loan procedures, limits, terms, and the process for obtaining loans.

What makes acquiring loans from Puls Project simple is that we issue loans from our credit fund registered with BaFin.

And how does that translate to practice? No complex forms, no banks or other 3rd parties involved.😎

Noteworthy features from this segment include:

🔥 Eligible Companies

Applies to all companies registered in the Commercial Register, including KG, GmbH & Co. KG, UG, GmbH, AG & Co. KG, AG, UG & Co. KG, OHG, e.K., etc.

🔥 Enhanced Credit Limit

Allows you to achieve the highest possible credit limit by linking all bank accounts from your companies.

🔥 Documentation Requirements

You don’t need any additional documents except for the loan agreement and personal identification of beneficial owners and directors.

3. Cashflow Planner Features

Within this set, you can find all the tools you need to simplify financial management and improve credit limits through consistent financial planning.

Thus, you can make well-informed decisions backed up by accurate, real-time and reliable data.

Actually, if you use a cashflow planner regularly, you’ll increase your loan potential.

The reason is simple: the more you plan your finances with Puls, the better they understand your business and can automatically increase your credit limit. 

🔥 Bank Connectivity

Allows you to connect multiple bank accounts without switching between different banking platforms.

🔥 Automated Expense Tracking

Automatically displays regular monthly expenses in the upcoming months, too.

🔥 Cashflow Monitoring

Allows you to monitor your cashflow actively and notice any gaps so you can make necessary adjustments, such as transferring funds.

Overall, Puls Project comprises robust solutions that streamline cashflow forecasting and real-time financial performance monitoring.

Pricing

Puls Project has a convenient pay-as-you-go system—1 euro per day per feature, meaning you can try the system for a few days and then turn it off.

You can also turn the features on and off unlimited times.

Puls Project: Pros & Cons

Pros:

🟢 Provides quick loan solutions.

🟢 Has a unified solution that displays all of your income and expenses in a single dashboard.

🟢 Easy to use and set up.

Cons:

🔴 Lacks  AI/ML monetization concept, but it’s on its way.

2. Nomentia

Nomentia is a cash management solution that helps businesses optimize their cashflow, streamline treasury operations, and mitigate financial risks.

It provides solutions that belong to 4 main categories:

• Payments—A global hub to fully centralize, control and manage payments
• Cash Management—Centrally optimize, track, and control cashflow.
• Treasury management—Central and optimal management of all treasury processes and responsibilities
• Risk management—Centralized risk management reporting and practices.

The platform also offers various integrations with banks, ERPs, financial systems, etc.

Key Features

✨ Liquidity Management — Allows you to combine all cashflow data from different systems and banks to easily analyze group-wide cashflows and liquidity positions.

✨ Dynamic Data Views — Enables you to customize data views using aggregation, grouping, filtering, etc., and comparing multiple time periods.

✨ Cash Management— Lets you run your cash management processes, such as payments, collections, FX risk, IC loans, and liquidity, all in one place.

✨ cashflow Forecasting — Automatically generates cashflow forecasts by combining global cashflow data from ERP systems, banks, balance sheets, etc.

✨ Cash Visibility - Allows you to automatically retrieve data from all internal and external systems and banks.

Pricing

Pricing is only available upon request and there is no Free Trial.

Nomentia: Pros & Cons

Pros:

🟢 Easy to use and set up.

🟢 Adaptable to individual business requirements and business models.

🟢 Has multiple integrations and connectivity options.

Cons:

🔴 Could have more FX evaluations.

🔴 No transparent pricing.

🔴 Capabilities of long term planning could be more advanced.

3. Treasury Intelligence Solutions(TIS)

Treasury Intelligence Solutions(TIS) is cloud—based software that provides solutions to simplify and streamline businesses’ global payments and cash management operations.

Thus, it helps you with common issues such as cross-border and domestic payments, bank connectivity, cash forecasting, fraud prevention, payment compliance, etc.

TIS caters to scaling companies as well as large enterprises, and its solutions fall into 3 main categories or suits:

• CashOptix—Includes cash reporting, forecasting, liquidity, and bank account management tools.
• PayOptix—Focuses on bank connectivity and payments.
• RiskOptix— Provides a comprehensive range of compliance and security modules.

Furthermore, TIS integrates with a great number of banks and clearing houses, and supports custom connection types.

It can also connect with any other back-office system, including ERPs, HR platforms, and TMSs.

Key Features

✨ Cash Forecasting -  Provides both short and long—term forecasts with variance, scenario, and historical analyses and improvement suggestions based on gaps in reporting or data quality.

✨ Working Capital Insights — Enables you to integrate your ERPs and AP and AR data to review payment terms, analyze invoice and billing activity, etc. 

✨ Bank Connectivity — Connects to many banks globally via multiple connection types, payment channels, or messaging formats like APIs, H2H, SWIFT, EBICS, etc.

✨ Liquidity Insights — Provide a real-time view of cash and bank account balances across any country, region, currency, bank, etc.

✨ Fraud Prevention — Includes tools and technologies, such as MFA, SSO, etc., to prevent and detect payments and system fraud from both internal and external sources.

Pricing:

Pricing info is only available upon request, but there is no Free Trial or Free Plans.

TIS: Pros & Cons

Pros:

🟢 Easy to use.

🟢 Has a centralized dashboard.

🟢 Has a great number of bank integrations and connectivity options.

Cons:

🔴 Sanction screening could be more intuitive.

🔴 The BAM module could be more flexible.

🔴 Speed of adjustment in non-ISO XML formats.

4. Agicap

Agicap is a cash management and liquidity planning solution that also manages supplier invoices and cash collection.

Its products span 5 categories:

• Cash Management—Anticipate and optimize short-term cash positions
• Liquidity Planning—Forecast liquidity and plan scenarios
• Banking & ERP Connectivity—Interface all your banks and your ERP.
• Supplier Management—Automate the management of your supplier invoices
• Cash Collection—Organize and automate late payment collection.

Agicap caters to mid-sized companies and covers sectors such as Manufacturing, Construction, Real Estate Agencies, and Private Equity.

Regarding integrations, Agicap provides multifold connections with banks, payment systems, ERPs and Accounting, Spend and Invoice Management and other tools.

Key Features

✨ Cashflow Monitoring—Automatically categorizes all your banking transactions based on your pre-defined incoming and outgoing payment categories. 

✨ Cashflow Forecast—Analyzes your cashflow and outstanding balances to build a forecasting base and possible scenarios.

✨ Investment Management—Provides strategies and tools to seize excess cash, lower cash buffers and optimize maturities and rates.

✨ Reporting—Allows you to create custom reports with your own personalized views and ratios

✨ Cash Collection—Synchronizes your invoices to monitor your outstanding amounts and aging balance in real time and detect the main payment delays.

Agicap: Pros & Cons

Pros:

🟢 Easy to use.

🟢 Has versatile features.

🟢 Has good customer support.

Cons:

🔴 Often has integration and synchronization issues.

🔴 Lack of reconciliation in accounting.

🔴 Categorisation process can be time-consuming.

Pricing

Pricing is custom and you can get a quote based on your business information and current business challenges.

4 Commitly Alternatives: Which One Is The Best For You?

Before we wrap up, let’s get an overview of Commitly alternatives in terms of ease of use, features, customer support, and value for money.

Choosing the right Commitly alternative will hugely depend on your needs and budget.

If your business requires multiple and rich connectivity and integration options, Nomentia might be your top pick.

On the other hand, TIS and Agicap make sensible choices if your focus is on cash management.

However, if you look for an all-encompassing solution that covers all the aspects from cash management over planning to liquidity, Puls Project is your go-to solution.

Why Opt For Puls Project?

Puls Project simplifies financial management and enables you to access credit without the need for technical expertise or tedious administration.

Furthermore, our solution enables you to:

✨ Plan different cash scenarios.

✨ See future cash balance with a reliable forecast.

✨ Get instant money in your account.

✨ Categorize your transactions to see all the transactions and current and future balances on the timeline.

✨ Add a future-dated draft payment to see how it will impact your business immediately.

Enticed to try Puls Project?

Sign up for Puls Project today and start transforming financial challenges into strategic triumphs.