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Commitly description
Commitly is a cloud-based cash flow management software designed for small to medium-sized businesses. It simplifies financial planning by offering an intuitive platform to track income and expenses, forecast cash flow, and manage invoices. Commitly integrates with over 4,000 banks in Germany and Austria, eliminating the need for manual data entry. Its focus on user-friendliness makes it accessible to businesses without specialized financial expertise, enabling them to make informed decisions and achieve financial stability.
Who is Commitly best for
Commitly simplifies cash flow management for small and medium-sized businesses. It offers real-time liquidity overviews, scenario planning, and integrates with over 4,000 banks in Germany and Austria. Businesses gain valuable insights into their finances, enabling confident decision-making and optimized financial strategies.
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Ideal for small to medium-sized businesses (1-1000 employees).
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Best fit for businesses in finance, banking, and insurance seeking efficient cash flow solutions.
Commitly features
| Supported Commitly integrates with over 4,000 banks in Germany and Austria, automating data flows for real-time insights into cash flow. |
| Supported Commitly provides a real-time overview of liquidity status, enabling informed financial decisions. |
| Supported Commitly allows creation of liquidity plans and exploration of different scenarios to anticipate challenges and optimize strategy. |
| Supported Commitly offers deviation analyses and status insights to monitor cash flow performance against plans, track key metrics, identify trends, and take corrective actions. |
| Supported Commitly provides interactive dashboards and reports to visualize current and future cash flow, enabling quick decision-making. |
| Supported Commitly's scenario planning feature allows simulating various financial scenarios to assess the impact of business decisions on liquidity. |
| Supported Commitly offers flexible integrations with accounting systems and data export options for further analysis or reporting. |
Commitly pricing
See the Commitly pricing page.
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Commitly has a free trial.
Base
Includes 1 company, 1 online bank account, 1 OPOS integration, 1 user, forecast, plans/scenarios, reports, and help center/chat.
Business
Includes 1 company, 3 online bank accounts, OPOS integrations, 5 users, forecast, plans/scenarios, reports, and support center.
Professional
Includes 2 companies, 8 online accounts, OPOS integrations, 8 users, forecast, plans/scenarios, reports, and Online Support PLUS.
Enterprise
Includes functions of the Professional plan, consolidation from 2 companies, 8-100+ bank accounts, unlimited users, onboarding support, and Support PLUS.
Commitly alternatives
AgicapBetter for larger businesses. Has broader industry applicability. More established, with significantly more reviews and higher customer ratings. Growing much faster. Users praise Agicap's intuitive interface, customer support, and scenario planning. However, some users mention a difficult onboarding and occasional bugs.Read more
PlanGuruBetter for businesses needing long-term financial projections and various forecasting methods. Broader industry applicability. Serves a wider range of industries. A Commitly competitor and alternative for those focused on financial planning.Read more
XeroBetter for general accounting and broader industry fit. More established with generally positive user reviews, but some dislike recent pricing increases and invoicing changes. A Commitly alternative and competitor for basic accounting.Read more
PayhawkBetter for larger companies with global operations. More suitable for expense tracking and company card management. Offers a mobile app with Apple Pay support. Payhawk is a strong Commitly competitor for companies needing robust expense management.Read more
GiddhHas broader accounting functionality including invoicing and inventory management. It has significantly more momentum and better ratings on G2. A better Giddh alternative for German and Austrian bank integrations.Read more
BudgytBetter for mid-sized businesses and nonprofits. Has broader industry applicability. Growing faster. More user reviews available citing ease of use and time-saving features.Read more
Commitly FAQ
What is Commitly and what does Commitly do?
Commitly is cloud-based cash flow management software for small to medium-sized businesses. It simplifies financial planning with bank integration, real-time liquidity overviews, and scenario planning. Commitly's user-friendly platform helps businesses track finances, forecast cash flow, and make informed decisions.
How does Commitly integrate with other tools?
Commitly integrates with over 4,000 banks in Germany and Austria, enabling automated data flow for real-time insights. This eliminates manual data entry and facilitates efficient liquidity planning and scenario analysis. It also offers flexible integrations with accounting systems and data export options.
What the main competitors of Commitly?
Commitly's main competitors include Agicap, PlanGuru, and Xero. These alternatives offer similar cash flow management, budgeting, and forecasting features for small to medium-sized businesses.
Is Commitly legit?
Commitly appears legitimate. It offers cash flow management software and integrates with numerous German and Austrian banks. A 14-day free trial is available, suggesting confidence in the product. However, user reviews are limited, so further research is advised.
How much does Commitly cost?
Commitly pricing starts at $55 per month for the Base plan. The Business plan is $85/month, and the Professional plan is $145/month. For Enterprise plan pricing, you'll need to contact Commitly for a custom quote. A 14-day free trial is available.
Is Commitly customer service good?
There is no information available about Commitly's customer service.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.