About Forwardly
Forwardly is a financial forecasting software from ForwardAI, Inc that helps businesses manage their cash flow effectively. It provides features such as real-time data integration, customizable reporting, and scenario modeling so users can make informed financial decisions. The software supports a variety of accounting systems, allowing for easy data import and export. With Forwardly, businesses can forecast their cash flow under different scenarios and adapt their strategies accordingly. Key capabilities: real-time data integration customizable reporting scenario modeling accounting system compatibility user-friendly interface Best for: small to medium-sized enterprises that need accurate cash flow forecasting and financial planning.
Forwardly by ForwardAI is a game-changing B2B payment platform that solves the chronic cash flow problem for SMBs and accountants by delivering instant payments 24/7/365 via the modern RTP network. Its core strength lies in its 4-Way Sync capability, which provides instant, automatic reconciliation between the bank, the payment, the invoice, and major accounting systems (like QuickBooks and Xero), virtually eliminating manual AR/AP work. By offering cost-saving payment options (like free same-day ACH) and flexible bill management, Forwardly enhances financial agility and reduces operational costs. It is an essential, highly efficient tool for any US-based small business or accounting firm looking to expedite collections, streamline workflows, and gain complete control over their working capital.
Pros & Cons
- Allows businesses to offer clients a variety of instant payment options
- Allows users to manage payments and bills directly from their familiar accounting environment.
- Offers free same-day ACH transfers and instant payment processing
- Eliminates manual reconciliation and ensures accounting records are always up-to-date.
- Allows businesses to receive invoice payments in seconds
- Steep learning curve for new users
- Lacks deeper integrations with ERPs, CRMs, or other specialized financial software
- The core benefit of instant payment processing is currently tied to the US banking infrastructure
Features
Key features
Utilizes Real-Time Payment (RTP) networks to allow SMBs to receive invoice payments in seconds, 24/7/365, drastically improving cash flow compared to traditional ACH/check payments.
Provides a direct, two-way data synchronization between the payment platform, the bank, the invoice, and the integrated accounting system, eliminating manual reconciliation and data entry errors.
Offers free same-day ACH transfers and instant payment processing that can save businesses 60-80% compared to credit card processing fees, directly boosting profit margins.
Allows businesses to manage vendor bills by scheduling them up to 90 days in advance and offers bill approval workflows to maintain control over accounts payable.
Additional features
Facilitates the creation and sending of invoices with integrated payment links to speed up collections.
Allows businesses to accept all major credit cards for invoices, catering to client payment preferences and providing an additional payment option.
Provides live visibility into the status of payments, ensuring businesses always know when their funds have been deposited.
Enables the setup of automatic, recurring charges for regular clients or subscription services.
Incorporates security measures to detect and prevent fraudulent transactions, protecting the business's finances.
Allows users to set specific payment terms for different clients or invoices.
Supports processing payments in multiple currencies to facilitate international business.
Allows the assignment of role-specific permissions for team members to manage payments and bills safely.
Pricing
Monthly plans
Countries & Languages
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Forwardly
Recital
Recital is an AI-powered financial operations platform from Recital Finance that supports efficient management of…
Prospa
Prospa is a financial management platform from Prospa that aims to assist small businesses with…
PayMe
PayMe is a digital payment software from PayMe that facilitates peer-to-peer money transfers. It includes…
Klak
Klak is a finance management software from Klak that unifies reconciliations, approvals, and cash flow…
Spot something wrong or outdated?
Suggest a correction — a reviewer verifies every change.
About Forwardly
Forwardly is a financial forecasting software from ForwardAI, Inc that helps businesses manage their cash flow effectively. It provides features such as real-time data integration, customizable reporting, and scenario modeling so users can make informed financial decisions. The software supports a variety of accounting systems, allowing for easy data import and export. With Forwardly, businesses can forecast their cash flow under different scenarios and adapt their strategies accordingly. Key capabilities: real-time data integration customizable reporting scenario modeling accounting system compatibility user-friendly interface Best for: small to medium-sized enterprises that need accurate cash flow forecasting and financial planning.
Forwardly Details
Forwardly's In-App Market Place
Does Forwardly have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Plans
Monthly plans
Accepted Payment Currencies
USD ($)
Pros & Cons
- Allows businesses to offer clients a variety of instant payment options
- Allows users to manage payments and bills directly from their familiar accounting environment.
- Offers free same-day ACH transfers and instant payment processing
- Eliminates manual reconciliation and ensures accounting records are always up-to-date.
- Allows businesses to receive invoice payments in seconds
- Steep learning curve for new users
- Lacks deeper integrations with ERPs, CRMs, or other specialized financial software
- The core benefit of instant payment processing is currently tied to the US banking infrastructure
Forwardly's Support Options
Documentation
https://docs.forwardai.com/Forwardly's Alternatives
Recital
Recital is an AI-powered financial operations platform from Recital Finance that supports efficient management of…
Prospa
Prospa is a financial management platform from Prospa that aims to assist small businesses with…
PayMe
PayMe is a digital payment software from PayMe that facilitates peer-to-peer money transfers. It includes…
Klak
Klak is a finance management software from Klak that unifies reconciliations, approvals, and cash flow…
