Cloud-based app-innovation platform Yodlee unveiled its Business Cash Flow with Forecasting FinApp today. The technology gives businesses the ability to see and analyze current cash flow, as well as read a forecast of cash flow for the coming three months.
The final app includes three main features:
- Cash Flow Chart and Table: Provides graphic and numerical current and forecast cash flow data
- Cash Flow Processing Wizard: Enables review of year-over-year data by income and expense, as well as editing of forecasts
- Cash Flow Report: Shows actual versus forecast data by category
“Having a strong pulse on cash flow is incredibly critical to the success of business owners,” said Nitin Gupta, Yodlee VP for business banking and global strategic initiatives. “Yodlee’s Cash Flow with Forecasting gives business owners immediate insights into their financial health, allowing them to make more informed spending, investing, and borrowing decisions.”
Above (left to right): Avi Lele, CEO of Stockpile; Jon Petz, product evangelist, Yodlee; and John Bird, product marketing, Yodlee, presented Yodlee’s APInnovation at FinovateFall 2014.
The launch comes on the heels of word that Yodlee will be recognized at the Monarch Innovation Awards for its ability to help “Internet innovators and financial institutions provide state-of-the-art tools to their business customers,” said Irene Waldman, general manager of business services at Yodlee. The Monarch Innovation Awards are sponsored by Barlow Research, and will be presented on April 10th.
Founded in 1999 and headquartered in Redwood City, California, Yodlee is multiple-winner at Finovate’s Best of Show. The company was most recently on our stage last fall as part of the FinovateFall 2014 conference in New York and, as Yodlee Interactive, presented at FinDEVr San Francisco 2014 last October. Anil Arora is president and CEO.