WiseCash is a very simple piece of budgeting software that can help you predict your company's future cash flow. It's designed to be as lightweight as possible. The developers stripped down the app so it can crunch complicated data with ease.
You won't need to labor over a spreadsheet or plot charts by hand. WiseCash offers an attractive graphical interface that makes budgeting easy. Simply enter in as many planned upcoming transactions as you like. The program then puts together actionable charts you can use to make important purchasing decisions.
Since WiseCash lacks heavy visuals, these charts load almost instantly on most devices. All forecasting work is done by the app without the need to code any formulae yourself. The vendor claims many small business owners end up forecasting more often because WiseCash takes care of everything for them. The app runs inside of a browser, so it should work with almost any kind of computer.
There's no need to manipulate cells if you want to repeat transactions. A single button allows you to build or extend a rolling forecast. The balance forecasting and runway estimate page gives you an idea of how long your business can survive based on the transactions you currently have planned. Yearly income tracking features give you a single chart to store your predicted and actual cash flows. WiseCash will also provide a monthly breakdown so you can make sure expenses don't outpace profits.
While WiseCash is an attractive piece of budget software for smaller companies, it offers plenty to please those managing larger enterprises. Profit center forecasting lets accountants tag and filter large data sheets to forecast individual income streams separately. You can even chart what kind of shape your organization might be in after a couple of years.
Testing your financial data against real-world market conditions couldn't be easier. WiseCash allows you to forecast what your balance would look like after several months of growth. You can test as many different growth hypothesis statements as you want. Expanding too quickly can be a serious problem for many newer companies. WiseCash has a few features designed to protect you from falling into this trap.
If it looks like your company is growing too quickly, then the app will issue an alert. Every chart is color-coded so you can spot potential problems instantly. When you enter new data after creating a chart, WiseCash automatically stores it in the cloud. All it takes to share financial data between pages is a single click. This can drastically cut down on how much extra work you have to do when developing budgets for different departments.
New clients can try WiseCash for free. If you like what you see, then you can subscribe at a flat monthly rate. You can add any number of users to a single account. Each user gets assessed the same fee.
Whether you manage a large enterprise or your own small business, WiseCash is a powerful financial forecasting software package that won't get in your way.