BELLEVUE, Wash.--(BUSINESS WIRE)--Finagraph announced today the immediate availability of CashFlowTool as a value-added benefit for Visa Business cardholders in the U.S.
This benefit hits the market at a critical time where small businesses are struggling with cash flow. According to a study by Wakefield Research, 61% of small businesses regularly struggle with cash flow and a Preferred CFO study from June 2020, showed 82% of businesses fail due to poor cash flow management skills or poor understanding of cash flow.
“Now more than ever, it is critical for small businesses to easily manage their cash flow,” said Gloria Colgan, global head of card products and platforms, Visa Business Solutions. “Our partnership with Finagraph adds to Visa’s continued efforts to help small businesses across the U.S. grow and thrive.”
Finagraph CashFlowTool connects to all QuickBooks versions so small businesses can instantly see their future forecast in seconds with the powerful interactive chart, cash flow calendar, what-if scenarios, and dashboard KPIs. The tool also detects anomalies and sends key alerts about unexpected bills, late payments or if they are running low on cash.
“We are proud to expand our relationship with Visa,” said Dave Fester, chief marketing officer, Finagraph. “By offering this as a cardholder benefit, small businesses will have a simple automated tool to help them understand their cash flow situation.”
With CashFlowTool helping businesses know their future cash flow situation, it enables them to act much faster and this partnership creates significant impact for millions of businesses across the U.S.
Business Cardholder Benefits
Visa Business cardholders can immediately take advantage of CashFlowTool, the #1-rated cash flow service in the QuickBooks marketplace, by visiting www.CashFlowTool.com/Visa, which includes the following benefits:
- CashFlowTool Subscription at 70% of MSRP: Small businesses can sign up for a monthly plan for $20/month (normally priced at $75/month) or an annual plan for $200/year (normally $750/year). This discounted pricing is good for the life of the subscription and a valid Visa Business card is required.
- Included with purchase: Business Cash Flow Essentials Course: This online course educates and equips small business owners with critical and essential cash flow concepts to help maximize their cash flow and profits. Normally priced at $299, this is included free with a subscription to CashFlowTool.
About Finagraph
Finagraph is the worldwide leader in financial software, helping every business eliminate cash flow as a reason for failing and radically streamlining the banking and lending industry with breakthrough software. CashFlowTool™ is a powerful software as a service to enable simple, powerful, and predictive cash flow for businesses and accountants.
Learn more at www.finagraph.com.
