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Cashfac cash flow forecasting app adds open banking functionality, rebrands

Cashfac has announced that its small business banking and cash flow forecasting app, Slide, has rebrand to SlideBy. The company says the rebrand coincides with several product enhancements and builds on the success of the app, which has been downloaded over 1,400 times since launching on Apple’s App Store six months ago.

SlideBy has introduced product enhancement that allows users to automatically populate their cash forecast with data from regular transactions, using Open Banking connections to four major UK banks.

The app was created to help small businesses improve how they manage their day-to-day cash. Most small business failures happen when they run out of cash. By adding real-time cash flow to the bank account, SlideBy gives SMEs a complete view of historical, current and future bank balances and transactions, helping them to make informed decisions on the customers and supplier payments central to their cash flow.

“As SlideBy we will continue to empower small businesses to predict and control their financial future,” said Paul Ormrod, creator of SlideBy. “Business owners have traditionally struggled to forecast what their cash position will look like - which means they are basing financial decisions on guesswork. Our SlideBy designs are channelling everyday iPhone actions to predict and control the financial future.

 

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