Kabbage has launched Insights, a fully automated tool that calculates and predicts cash flow patterns to help small businesses identify cash surpluses and deficits. This comes just one month after the public launch of Kabbage Payments, as the company builds a suite of integrated products designed to simplify cash flow management for US small businesses.

In minutes, any small business can connect their real-time financial data to Kabbage Insights and access an analysis of their company’s historical, current and future cash-flow 24/7. The product continually evaluates the transaction activity of a customer over a 90-day period and organises it in an easy-to-understand dashboard, allowing customers to quickly visualise their net growth without taking the time to calculate it themselves. Kabbage’s customer base of over 220,000 small businesses has immediate access. 

Using predictive analytics and artificial intelligence, the tool produces personalised forecasts to predict the future cash position of a business. Customers can then set a desired low-balance threshold and receive automated alerts if accounts are predicted to dip below it, allowing small businesses to identify, act upon and prevent cash deficits before they occur.

Paired with the company’s Small Business Revenue Index, Kabbage Insights is also the first product available that allows small businesses to compare their company’s performance to similarly-sized businesses operating in their state and industry.

“As a small business owner for many years, I spent many sleepless nights trying to figure out whether I’d have the cash to pay my various expenses, including payroll at the end of the month and it’s been a mission of mine to solve this ubiquitous problem for all small business owners ever since,” said Kabbage CEO Rob Frohwein. “Kabbage is pleased to launch Insights, taking on this burden for small business owners and providing them with cash flow analyses that large enterprises have at their fingertips. We will continue to level the playing field for the small business owner.”