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CashView, Inc.

Product Name

CashView

Market Segment

Small Business Software and Services

Funding

VC funded – Privately held, $2.1 Million of Series A led by DCM, $6.5 Million of Series B led by Emergence Capital

Competitors

No direct competitors. Secondary competitors include Xign, Direct Commerce, iPayables, Captiva, Blinksale, Freshbooks and Emagia.

Product Description

CashView is a cash-management service that provides companies a hassle-free, low-cost way to manage documents, make payments, process invoices, collect receivables and view cash flow in real-time. Unlike after-the-fact reporting/accounting systems, CashView integrates critical business documents with every transaction, all in one place. This fully integrated, Web-based service helps reduce costs and improve efficiency, accuracy and security of payable/receivable transactions, from anywhere at anytime.

Market Opportunity

Of the 24.3 million businesses with fewer than 100 employees, IRS/Aberdeen estimates that 97% of invoices are processed manually. The Federal Reserve & Industry of Office Automation estimates invoice processing costs at $130 to $290 billion annually, with approximately 31.8 million B2B and B2C bills produced and paid by check.

Demo Says

The most important question that dogs small businesses is also the one that is often the most difficult to answer: what’s the cash flow situation? CashView, Inc. understands this question well, based on the founder’s deep experience in small business financial services and as a small business itself. The company has leveraged that knowledge to deliver a complete cash management service that will bring efficiency, cost savings and peace of mind to small business owners. Expect CashView to quickly become a must-use service for small businesses.