Online invoicing and accounts payable and receivable solutions vendor Bill.com has rolled out a new cash management feature to complete its Cash Flow Command and Control System.
The system lets users gain better insight into -- and control over -- their cash flow by combining data from Bill.com's AP and AR system, as well as data from other financial and accounting systems, to present a complete picture of an organization's cash flows for better planning. Users can also drill down into invoices, bills, contracts and notes while forecasting cash, as well changing variables to create "what-if" scenarios, with the results presented in easy-to-understand charts and tables.
It also includes alerts so users know when their data has grown stale, and now offers two views of an organization's cash inflows and outflows -- as a line chart, and in a calendar view.
"Our new cash flow management is changing the game in how businesses make financial decisions by arming them with streamlined, clear data rather than complicated, cumbersome spreadsheets," said Bill.com founder and CEO René Lacerte in a statement. "Real-time cash flow management helps businesses not just control their bottom line, but make the investments and decisions needed to manage and grow their businesses as aggressively and easily as possible."
For more information, or a free trial, visit Bill.com.
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