Alternative to Cforia: Why Cashbook Stands Out

Businesses rely on powerful automation tools to optimize cash management and accounts receivable processes. Cashbook presents a seamless and enhanced alternative to Cforia, offering a broader suite of financial automation solutions that extend beyond receivables.

Cashbook’s comprehensive features can serve as an alternative to Cforia and help businesses streamline their financial operations with greater flexibility and efficiency.

Cashbook provides a complete financial automation ecosystem, covering collections, cash application, bank reconciliation, accounts payable automation, and treasury forecasting. This end-to-end approach enables businesses to manage both short-term cash flow and long-term financial strategy within a single platform.

For organizations looking to expand their automation capabilities, Cashbook delivers an integrated solution that extends beyond receivables, optimizing the entire collections-to-cash cycle.

Cashbook excels in ERP integrations, supporting over 15 major systems, including Infor, SAP, and JD Edwards. With two-way synchronization, Cashbook automatically updates the ERP, ensuring real-time accuracy across customers, vendors, AR/AP invoices, and sub-ledgers.

Additionally, Cashbook’s robust banking integrations allow for seamless transaction processing across multiple financial institutions, making it an ideal choice for businesses with complex global operations.

Migrating to Cashbook is a smooth transition, thanks to our ability to work with similar data extract and load processes. This allows for a streamlined onboarding experience with minimal disruption and a faster implementation timeline.

For businesses using a native DB2 AS/400 collections application, Cashbook brings in-house expertise in AS/400-based ERPs, including MAPICS & BPCS. This deep technical knowledge allows us to facilitate seamless integration with these legacy systems, reducing complexity and risk during migration.

With Cashbook’s proven approach to data conversion and onboarding, businesses transitioning from Cforia can do so with confidence, knowing their historical data, workflows, and integrations will remain intact.

Cashbook goes beyond order-to-cash automation by offering sophisticated treasury management features, including bank reconciliation, cash forecasting, and treasury automation. These tools provide financial teams with real-time visibility into cash flow, helping businesses optimize liquidity and make informed strategic decisions. 

Cashbook is designed for ease of use, with a customizable dashboard that enhances productivity and efficiency. Its intuitive interface allows finance teams to quickly adapt, minimizing onboarding time and maximizing operational effectiveness. 

Cashbook is recognized for its outstanding customer service, offering direct access to industry experts for personalized support. The company has been featured as one of the 10 Fastest Growing Financial Solution Providers, reflecting its commitment to innovation and excellence.

Both Cashbook and Cforia adhere to best-in-class security standards. However, Cashbook’s deep banking integrations provide additional layers of compliance, ensuring financial data security across multiple regions. 

Cashbook offers a holistic approach to financial automation, making it an ideal solution for organizations seeking:

Cashbook has two aces up its sleeve when it comes to migrating from Cforia.

Mike Burns, Product Director at Cashbook, brings over 20 years of experience as a Senior Software Engineer at Cforia. Throughout his career, he has worked closely with credit and collections professionals, listening to their needs and developing innovative, user-friendly solutions. With an unmatched depth of knowledge of the Cforia platform, Mike is the go-to expert for guiding migrations and easing any concerns Cforia users may have about making the switch. Since joining Cashbook in June 2023, he has played a key role in ensuring smooth, stress-free transitions for businesses seeking a better solution.

Denise Mills, also a longtime Cforia veteran, now brings her expertise to Cashbook. With over 21 years as a Software Support Specialist at Cforia, she has an in-depth understanding of the platform and the order-to-cash process. Known for her exceptional customer service, Denise has a unique ability to diagnose issues, guide resolutions, and provide top-tier training. In July 2024, she joined Cashbook as an Implementation and Support Consultant, continuing her commitment to helping customers succeed.

Mike and Denise are both based in the US and are available to discuss how Cashbook can be a viable alternative to Cforia, and help your business make the move to Cashbook.

Ready to elevate your financial automation?

Request a demo today and explore how Cashbook can streamline your processes, save time, and enhance financial efficiency for your business.