Sageworks releases cash flow analysis tool
Sageworks, which make financial analytics software, has released a new cash flow solution called CashSage. The tool is designed to let business owners and their accountants visualize available cash and adjust business operations to affect cash flow.
CashSage automatically syncs monthly financials from QuickBooks Online. The solutions allows business owners to view and adjust six specific financial metricsdisplayed on sliders on the dashboard. These indicators are sales growth, overhead growth, net profit margin, accounts receivable days, accounts payable days and inventory days. Users also receive monthly industry-specific recommendations on how to improve each metric.
Users of CashSage also have access to Sageworks’ industry database for benchmark company performance data.
Users of Sageworks' analytics platform ProfitCents receive reduced pricing when they purchase CashSage. For more information on CashSage, click here.