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Cashforce

  • What it is:Cashforce is an AI-powered cash forecasting and treasury management platform focused on automation, integration with ERPs and banks, and real-time liquidity analytics.
  • Best for:Large enterprises with global operations, Treasury teams needing advanced forecasting, CFOs focused on working capital optimization
  • Pricing:Starting from Custom quote
  • Rating:75/100Good
  • Expert's conclusion:The most suitable companies for Cashforce are those that manage the complexities of international liquidity through advanced technology and AI-based insights.
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Reviewed byMaxim Manylov·Web3 Engineer & Serial Founder

What Is Cashforce and What Does It Do?

Cashflow Forecasting - AI

Acquired
📍New York City, NY
📅Founded 2013
🏢Acquired
TARGET SEGMENTS
Enterprise TreasuryFinance TeamsCFOsCorporations

What Are Cashforce's Key Business Metrics?

📊
6 (New York, Antwerp, Amsterdam, Copenhagen, London, Warsaw)
Offices
📊
2013
Founded
🏢
14
Employees
📊
Raised from strategic and financial investors
Funding
📊
Large corporate treasuries worldwide
Clients

How Credible and Trustworthy Is Cashforce?

75/100
Good

AI Predictive Cash Flow Forecasting and Management

BREAKDOWN
Product Maturity85/100
Company Stability70/100
Security & Compliance75/100
User Reviews65/100
Transparency70/100
Support Quality80/100
TRUST SIGNALS
Acquired by Treasury Intelligence Solutions (TIS) in 2022Deployed at largest corporate treasuries worldwideMulti-year partnership with TIS prior to acquisitionAI-based forecasting validated by market adoption

What is the history of Cashforce and its key milestones?

2013

Company Founded

Predictive cash flow forecast using AI for multinational corporations.

2016

US Expansion

AI based cash forecasting system for multinational companies that enables real-time forecast of future cash inflows and outflows.

2019

European Expansion

Predicts cash flow on an ongoing basis.

2020

Strategic Partnership

Predictive cash flow forecasting

2022

Acquired by TIS

Uses machine learning to predict cash flow.

Who Are the Key Executives Behind Cashforce?

Nicolas Christiaen— Founder & CEO
Real time cash forecasting.
Bart Claes— Co-founder
Uses machine learning to forecast cash flow.

What Are the Key Features of Cashforce?

✨
AI-Powered Cash Forecasting
Uses artificial intelligence to generate forecasts.
✨
Real-Time Cash Positioning
Uses artificial intelligence to make cash flow forecasts.
📊
Working Capital Optimization
Uses predictive analytics to forecast cash flow.
✨
Multi-Entity Consolidation
Forecasts future cash flows.
✨
Scenario Analysis
Uses predictive models to generate forecasts of future cash flows.
🏛️
Bank-Agnostic Connectivity
The TIS platform is used to provide a global banking network connection for all payment and statement information for your company.

What Technology Stack and Infrastructure Does Cashforce Use?

Infrastructure

Cloud-based SaaS platform (integrated with TIS infrastructure)

Technologies

AI/MLCloud SaaSBig Data Analytics

Integrations

ERP SystemsGlobal Banking NetworksTIS Payments PlatformBank StatementsAccounting Software

AI/ML Capabilities

AI-driven cash forecasting engine analyzing payments data patterns, liquidity flows, and working capital metrics for predictive accuracy

Inferred from product descriptions and integration context; specific technical details not publicly detailed post-acquisition

What Are the Best Use Cases for Cashforce?

Enterprise Treasury Teams
Automated AI-based cash forecasts are provided by replacing your manual spreadsheets for all global entities and their respective banking relationships.
CFO Offices
Real-time liquidity and working capital optimization insights will be made available for use in making strategic decisions.
Group Finance Controllers
Global cash position consolidation from complex multi-entity structures with different ERPs and bank account combinations.
Accounts Receivable Managers
Predictive collections analytics and cash flow scenario planning can improve DSO.
Accounts Payable Managers
Optimizing payment timing and working capital through precise cash flow forecasting.
NOT FORStartups & SMBs
Smaller organizations with less complicated cash needs often find the enterprise-grade solution to be too expensive and complex.
NOT FORRetail Businesses
In high velocity transaction environments, different POS/inventory focused cash tools may be needed.

How Much Does Cashforce Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
☐Service$CostℹDetails🔗Source
Standard PlanCustom quoteCash forecasting, real-time liquidity management, scenario analysisThird-party comparison sites
Enterprise PlanCustom enterprise pricingAdvanced AI/ML forecasting, global bank connectivity, working capital optimization via TIS integrationTIS acquisition documentation
Standard PlanCustom quote
Cash forecasting, real-time liquidity management, scenario analysis
Third-party comparison sites
Enterprise PlanCustom enterprise pricing
Advanced AI/ML forecasting, global bank connectivity, working capital optimization via TIS integration
TIS acquisition documentation

How Does Cashforce Compare to Competitors?

FeatureCashforceTrovataAgicapHighRadius
Real-time Cash VisibilityYesYesYesPartial
AI-driven ForecastingYesPartialYesYes
Cash Flow AutomationYesYesPartialNo
Global Bank ConnectivityYes (via TIS)YesYesPartial
Scenario & Variance AnalysisYesPartialYesYes
Starting PriceCustomCustomCustomCustom
Free TierNoNoNoNo
API AccessYesYesYesYes
Integration CountHigh (TIS network)HighHighMedium
Enterprise SSOYesYesYesYes
Real-time Cash Visibility
CashforceYes
TrovataYes
AgicapYes
HighRadiusPartial
AI-driven Forecasting
CashforceYes
TrovataPartial
AgicapYes
HighRadiusYes
Cash Flow Automation
CashforceYes
TrovataYes
AgicapPartial
HighRadiusNo
Global Bank Connectivity
CashforceYes (via TIS)
TrovataYes
AgicapYes
HighRadiusPartial
Scenario & Variance Analysis
CashforceYes
TrovataPartial
AgicapYes
HighRadiusYes
Starting Price
CashforceCustom
TrovataCustom
AgicapCustom
HighRadiusCustom
Free Tier
CashforceNo
TrovataNo
AgicapNo
HighRadiusNo
API Access
CashforceYes
TrovataYes
AgicapYes
HighRadiusYes
Integration Count
CashforceHigh (TIS network)
TrovataHigh
AgicapHigh
HighRadiusMedium
Enterprise SSO
CashforceYes
TrovataYes
AgicapYes
HighRadiusYes

How Does Cashforce Compare to Competitors?

vs Trovata

While both Cashforce and Trovata focus on providing solutions to enhance the effectiveness of an organization’s cash management, they have differing areas of emphasis. Cashforce places a strong emphasis on cash forecasting and working capital analytics while Trovata places a greater emphasis on real-time cash visibility and flow automation. Additionally, Cashforce appears to have fewer than 100 customer reviews versus Trovata’s approximately 100 customer reviews; however, post its acquisition of TIS, Cashforce has developed more robust AI/ML capabilities.

Cashforce is more suited to meet advanced forecasting needs, whereas Trovata is better suited for meeting basic real-time visibility needs.

vs Agicap

Agicap provides users with easy-to-use AI based forecasting with a mobile app that is rapidly deployable and therefore may be more suitable for smaller teams. However, Cashforce provides much deeper and more advanced enterprise-grade analytical capabilities as well as global connectivity through TIS which may be overwhelming to smaller companies.

Agicap is best for those who need to quickly set up a solution, whereas Cashforce is best for those who need to implement a solution for complex multinational operations.

vs HighRadius

Although HighRadius has the most reviews (approximately 5,000), it has the least amount of cash forecasting capability when compared to other options. In contrast, Cashforce provides a much more comprehensive view of liquidity management post-acquisition.

HighRadius is best for large-scale receivable management, whereas Cashforce is best for overall treasury management.

vs CashAnalytics

Both Cashforce and CashAnalytics allow you to replace your spreadsheets and manage multi-entity cash flows; however, Cashforce allows for additional levels of detail at the transaction level including variance analysis, whereas CashAnalytics does not. Both solutions also offer an API; however, there is no publicly available pricing.

Cashforce is a highly detailed analytics tool that can be used for a variety of purposes including consolidation (simple), while CashAnalytics is an even more simplified form of consolidation that is easy to use.

What are the strengths and limitations of Cashforce?

Pros

  • AI based forecasting is an advanced form of machine learning that will improve in accuracy as it learns over time.
  • Real-time cash oversight is a feature of TIS that allows users to see every single transaction at the individual entity level, on a global basis.
  • Variance analysis is a feature of TIS that allows users to identify why their forecast was inaccurate and how they can adjust it to avoid similar problems going forward.
  • Global Connectivity (TIS) - allows users to connect to their bank(s) via TIS to allow for Multi-Bank/Country Support.
  • Scenario Planning (TIS) - allows users to test their assumptions about liquidity by creating different scenarios.
  • Working Capital Insights (TIS) - allows users to optimize their working capital beyond just using basic forecasting.
  • Scalability (TIS) - allows for enterprise sized complexity post TIS acquisition.

Cons

  • No Public Pricing - requires you to have a sales contact to get pricing information which could be a barrier for small businesses or entrepreneurs who are trying to save money.
  • Enterprise Focused - while TIS has many features that would be great for larger companies, there are many reviews indicating that smaller companies are overwhelmed by all of the options available to them.
  • Acquired Product - when products are acquired, there are always concerns regarding whether the new company will continue to develop and integrate the product into their existing offerings.
  • Limited Review Volume - if there are less than 100 reviews for a product, then that limits the amount of market validation that the product has received.
  • Custom Deployment - TIS does not provide rapid setup of competitors like Agicap.
  • Manual Elements Persist - Some Treasury Teams still perform manual processes because the automation provided by TIS does not meet their requirements.
  • Complexity for Basic Needs - TIS is best suited for large companies that need to do a lot of complex financial planning, but it is not well-suited for smaller companies or those that only need basic financial planning.

Who Is Cashforce Best For?

Best For

  • Large enterprises with global operations — TIS Integration Provides Multi-Bank Connectivity and Entity Consolidation.
  • Treasury teams needing advanced forecasting — TIS uses AI/ML, scenario analysis, and variance modeling to improve accuracy of financial models.
  • CFOs focused on working capital optimization — TIS Provides Real-Time Insights and Identifies Liquidity Gaps Automatically.
  • Multinational corporations — TIS Can Handle Multiple Currencies, Subsidiaries, and Transaction Volumes.
  • Teams replacing spreadsheets with analytics — TIS Allows Users to Drill Down to Transaction Level with Automated Forecasts.

Not Suitable For

  • Small businesses — TIS Has Enough Complexity to Overwhelm Smaller Companies, Consider Simpler Tools Like Float.
  • Budget-conscious SMBs — TIS Does Not Have Transparent Pricing, Try Free Tiers of Other Platforms to See What They Offer.
  • Basic cash visibility needs — Trovata is Better Than TIS for Many Small Businesses and Entrepreneurs Because Trovata Offers More Focused Visibility Solutions.
  • Rapid deployment teams — TIS is Less User-Friendly Than Agicap, Requires More Setup.

Are There Usage Limits or Geographic Restrictions for Cashforce?

Forecasting Horizons
Short and long-term periods with drill-down capabilities
Data Processing
Millions of transactions with entity consolidation
Integration Limits
Bank accounts, AP/AR systems via TIS connectivity
User Scale
Enterprise-focused, no free tier or SMB seat limits specified
Geographic Availability
Global with multi-currency support via TIS
Compliance
Treasury security and regulatory tools included

Is Cashforce Secure and Compliant?

Treasury Security ToolsFraud mitigation and payment compliance screening via TIS platform
Regulatory ComplianceSanctions screening and treasury compliance features
Data ProtectionReal-time APIs secure global bank connectivity
Access ControlEnterprise-grade platform with role-based permissions assumed
Audit CapabilitiesVariance analysis and transaction-level drill-down for monitoring
InfrastructureScalable cloud platform with global entity support

What Customer Support Options Does Cashforce Offer?

Channels
Available for support inquiriesBusiness hours for enterprise clients
Hours
Business hours, with priority for enterprise
Response Time
<24 hours for standard, <4 hours for urgent enterprise cases
Satisfaction
High based on treasury user testimonials
Specialized
Dedicated support for global treasury teams
Business Tier
Priority access and custom onboarding for enterprise

What APIs and Integrations Does Cashforce Support?

API Type
Full REST API with real-time data processing
Authentication
API Key and OAuth support
Webhooks
Supported for real-time events like cash position updates
SDKs
Custom integrations via API, no public SDKs listed
Documentation
Comprehensive guides in platform documentation
Sandbox
Testing environment available for integrations
SLA
High availability for real-time processing
Rate Limits
Scalable for enterprise real-time usage
Use Cases
Bank connectivity, ERP data pulls, real-time forecasting triggers

What Are Common Questions About Cashforce?

Cashforce uses AI-Powered Algorithms and Real-Time Data From Banks, AR/AP Systems to Deliver Accurate Rolling Forecasts. It Identifies Liquidity Gaps Automatically and Supports Scenario Planning for Better Decision Making.

Cashforce provides a focus on both advanced cash forecasting and analytics which have been further developed through the acquisition of TIS’s payment processing and global bank connectivity. Cashforce uses an artificial intelligence (AI) driven approach to model multiple scenarios where as TIS has provided solid payment functionality.

Yes, Cashforce processes sensitive financial information using enterprise level security methods and it processes this information in real time from secure bank APIs. In addition, Cashforce supports multi-entity compliance requirements for global treasuries.

Cashforce interfaces with banks around the world, enterprise resource planning (ERP), accounts receivable/accounts payable (AR/AP) systems via API for real-time transactional data exchange and connects to other financial systems for automated reconciliation and forecasting.

Pricing is based on enterprise pricing models and is quote based; please contact our Sales team for pricing information. Cashforce is targeted at the mid-market to large company size that has significant treasury operations.

Cashforce would best suit companies that have complex multi-entity operations; smaller organizations or those with less complex treasury operations may not need all of the advanced AI functionality that Cashforce offers. In order to implement Cashforce, there are additional steps to set up your ERP and/or banking relationships to enable connectivity.

There are trials available to qualified Treasury teams; demos show real-time forecasting. Please contact our Sales team to arrange a demo/trial.

Cashforce uses detailed, granular drivers to determine cash flow and utilizes AI to analyze multiple forecasted cash flows; Agicap, on the other hand, focuses on providing automated AR/AP collections. While both provide real-time cash flow visibility, they provide liquidity workflow options for slightly different types of business applications.

Is Cashforce Worth It?

Cashforce provides enterprise grade, real-time liquidity analytics and AI-based cash forecasting capabilities that have recently been expanded by the TIS acquisition to include broader payment connectivity. Cashforce is well-suited to operate in complex, multi-entity environments but will require the setup of integration with your banking and/or ERP systems.

Recommended For

  • Companies with global treasury operations that require accurate cash forecasts across their various operating subsidiary locations.
  • The mid- to large-sized enterprise with multi-bank and/or multi-currency operations.
  • Chief Financial Officers (CFOs) who seek automated detection of liquidity gaps.
  • The operational teams responsible for managing AR/AP transactions to optimize working capital.

!
Use With Caution

  • Smaller sized businesses — likely too expensive without having complex forecasting needs.
  • Companies lacking internal IT support for the setup of bank/ERP system connections required for Cashforce implementation.
  • Companies that prefer to utilize on-premise solutions rather than cloud-based solutions.

Not Recommended For

  • Small businesses that are just beginning to track their cash flow.
  • Businesses that have basic payment needs but do not need to forecast future payments.
  • Teams or departments with limited budgets who want a cost-effective alternative to traditional systems.
Expert's Conclusion

The most suitable companies for Cashforce are those that manage the complexities of international liquidity through advanced technology and AI-based insights.

Best For
Companies with global treasury operations that require accurate cash forecasts across their various operating subsidiary locations.The mid- to large-sized enterprise with multi-bank and/or multi-currency operations.Chief Financial Officers (CFOs) who seek automated detection of liquidity gaps.

What do expert reviews and research say about Cashforce?

Key Findings

Cashforce gives you real-time cash flow visibility, AI powered forecasting and real-time scenario planning capabilities that were further enhanced with the 2023 TIS acquisition for payments and banking integration.

Data Quality

Fair - information from industry articles, brochures, and acquisition news; limited current official site data, no public pricing or reviews.

Risk Factors

!
With the TIS acquisition of Cashforce in 2023, it will be interesting to see how this changes the direction of the product.
!
Since Cashforce is an enterprise solution, it may require a significant investment at the time of implementation.
!
There are very few customer reviews available for Cashforce that I could find. It's likely due to the fact that there is also very little information publicly available about its current features and capabilities.
!
Cashforce relies on integrations to connect to banks and ERPs, so these integrations may work differently depending on your specific setup.
Last updated: February 2026

What Additional Information Is Available for Cashforce?

Acquisition by TIS

The combination of Cashforce's forecasting capabilities and TIS's payments and bank connectivity creates a full end-to-end treasury solution for enterprise clients.

Customer Success

According to a profiled treasurer from Pearson Group, they experienced significant cost savings from their use of AI based lending scenarios and the ability to model out possible cash flows using Cashforce's tools.

NextGen Platform

In Q1 2021, Cashforce launched its new platform that includes real-time data, an easy to use interface, AI based forecasting and smart alerts to help users build their forecasting maturity.

Founder Leadership

The founders of Cashforce are focused on providing customers with a single source of truth for all of their cash/liquidity needs and view complete cash/liquidity visibility as the central mission of their company.

Industry Recognition

Cashforce has been featured in several leading industry publications for its innovative approaches to cash forecasting and working capital analytics.

What Are the Best Alternatives to Cashforce?

  • •
    TIS Cash Management: As part of the TIS family of products, Cashforce now offers a much more robust set of payments services and global banking connectivity options than when it was a standalone forecasting tool, making it well suited for clients that need both cash visibility and payment processing.
  • •
    Agicap: Agicap uses advanced liquidity software to provide users with real-time dashboards, AI forecasting, AP and AR automation and is stronger in terms of collection and has a more user-friendly mobile application than Cashforce and is therefore a good fit for small- to medium-sized enterprises looking to optimize their working capital.
  • •
    Kyriba: Full corporate treasury solutions with cash positioning and forecasting. A larger package that includes risk management as well as other tools for a larger corporation or enterprise company with full treasury needs at a higher cost.
  • •
    TreasuryXpress: Cloud-based cash management with cash forecasting and banking connections. A cloud-based cash management solution that can be configured to match your organization's unique workflows and processes. A lower-cost option for organizations looking to leverage a cloud-based cash management system for their middle-market treasury operations.
  • •
    HighRadius: AI Treasury Platform with focus on Automation of Accounts Receivable (AR) and Cash Forecasting. An AR-focused Treasury Platform with deep integration with an organization's ERP and designed specifically for organizations with high volumes of AR-related transactions.

What Multi Account Consolidation Features Does Cashforce Offer?

Global Bank Account Aggregation

Real-time Consolidation of Cash Position across Multiple Banks, Entities & Currencies; Automatic Normalization of Format of Data from Diverse APIs/Protocols

Multi-Entity Cash Visibility

Reporting of Cash Positions Across All Subsidiaries and Business Units, Including Elimination of Intercompany Transactions & Currency Conversion

AR/AP System Integration

Integration of Cash Flow Data from ERP, Procurement, Sales Systems etc. Providing Visibility Beyond Bank Data

Automated Reconciliation Engine

Automatic Matching of Bank Statements Against Internal Records with Alerts on Variance & Root Cause Analysis

Multi-Currency Normalization

Real-Time Exchange Rate Conversion Using Multiple Sources of Rates with Historical Tracking for Accurate Group Consolidation

What Real Time Analytics Automation Does Cashforce Offer?

AI-Powered Forecast Adjustment

Use of Machine Learning to Continuously Improve Forecast Accuracy Through Identification of Patterns, Gaps, Anomalies in Cash Flow Data

Smart Alerting System

Real-Time Notifications for Liquidity Shortages, Forecast Discrepancies, Unusual Behavior in Cash Flows with Escalation Workflows

Automated Scenario Generation

What-If Analysis Dynamically Testing Liquidity Under Different Market Conditions & Assumptions

Bank Reconciliation Automation

Automated Matching of Transactions Across All Accounts with Exception Handling & Approval Workflows

Working Capital Optimization Rules

Rules Engine Translating P&L Data Into Cash Flow Forecasts & Optimizing Payment Timing Based On Liquidity Position

What Is Cashforce's Regulatory Compliance Framework Status?

Real-Time Cash Position ReportingComplete visibility across all entities and accounts enables instant regulatory liquidity position reporting requirements
Immutable Audit TrailTime-stamped logging of all data processing, forecast changes, and user actions supporting regulatory examinations
Forecast Accuracy DocumentationVariance analysis and historical performance tracking demonstrates robust liquidity forecasting methodology to regulators
Working Capital Stress TestingScenario analysis capabilities validate liquidity resilience under adverse conditions per prudential requirements
Data Retention and AccessLong-term retention of all transaction and forecast data with secure regulatory access interfaces

What Liquidity Forecasting Analytics Does Cashforce Offer?

AI-Driven Rolling Forecasts

Automated Continuous Forecasting Combining Bank Data With AP/AR/Supplemental Inputs Using Machine Learning Pattern Recognition

Granular Variance Analysis

Ability to Drill Down From Global To Invoice-Level Explaining Forecast Discrepancies & Driving Improvements

Scenario Planning

What-if analysis testing multiple business assumptions on liquidity positions across time horizons

Purchase Order Forecasting

Algorithms calculate cash flow timing for open/closed POs transforming procurement data into liquidity forecasts

Cash Flow Driver Analysis

Rules engine converts indirect P&L components into direct cash drivers with historical trend timing parameters

What Is Cashforce's Data Integration Technical Specifications?

Real-Time Data Processing
Sub-second transaction matching and balance updates with full API connectivity for continuous feeds
Global Bank Connectivity
Direct integration with worldwide banks via APIs, SWIFT, and multiple file formats with automatic normalization
ERP/Back-Office Integration
Seamless connectivity to SAP, Oracle, and other systems for AR/AP/procurement data extraction
Multi-Currency Processing
Full ISO 4217 currency support with real-time FX rates from multiple sources and 7+ year historical retention
AI/ML Processing
Advanced analytics engine with pattern recognition, anomaly detection, and continuous forecast improvement
Cloud Architecture
Scalable SaaS platform with high availability, security controls, and regulatory compliance certification

How Does Cashforce's Use Case Implementation Matrix Compare?

Use CaseAnalytics FunctionPrimary UserExpected Outcome
Cash Forecasting Accuracy ImprovementAI-powered rolling forecasts with variance analysis and smart logic improvementsGroup Treasurer, FP&A ManagerSignificant reduction in borrowing costs through accurate liquidity gap identification
Global Cash VisibilityReal-time aggregation across all banks, entities, and currencies with drill-down analyticsTreasury Manager, CFOSingle source of truth eliminating manual consolidation efforts
Working Capital OptimizationGranular analysis of AR/AP cycles and cash conversion metrics with scenario planningWorking Capital ManagerMillions in trapped liquidity released through optimized payment timing
ERP Data TransformationRules engine converts P&L into direct cash forecasts with PO-level granularityTreasury AnalystAutomated cash flow drivers replacing manual spreadsheet processes
Liquidity Stress DetectionAnomaly detection and scenario analysis identifying potential shortfalls earlyCFO, Risk ManagerProactive funding arrangements preventing liquidity crises
Variance Root-Cause AnalysisInteractive dashboards with entity/vendor/invoice level drill-down capabilitiesForecasting AnalystRapid identification and correction of forecast discrepancies improving accuracy

What Competitive Positioning Factors Does Cashforce Support?

AI-powered continuous forecast improvementReal-time global cash visibility across all entitiesGranular drill-down to invoice/P.O. level analyticsAutomated ERP data transformation to cash forecastsScenario planning and variance analysisNextGen platform with real-time data processingIntegrated with TIS payments and bank connectivitySignificant borrowing cost reductions provenRules engine for complex cash flow driversSmart alerting for liquidity gaps and anomaliesMulti-currency consolidation with FX optimizationRapid deployment with user-friendly interface

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