Kabbage launched Kabbage Insights, a fully automated tool that calculates and predicts cash-flow patterns to help small businesses identify cash surpluses and deficits.
With the launch, Kabbage addresses one of the most vexing problems faced by small business owners.
The new product comes just one month after the public launch of Kabbage Payments, continuing the company’s rapid innovation to build a suite of integrated products that simplify cash-flow management for U.S. 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. It organizes it in an easy-to-understand dashboard, allowing customers to quickly visualize their net growth without taking the time to calculate it themselves. Kabbage’s customer base of over 220,000 small businesses has immediate access.
Powered by Artificial Intelligence
Using analytics and artificial intelligence, Kabbage Insights produces personalized forecasts to predict the future cash position of a business.
Customers can then set the desired low-balance threshold and receive automated alerts if accounts are predicted to dip below it, empowering small businesses to identify, act upon, and prevent cash deficits before they occur.
Paired with the Kabbage 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 companies operating in their state and industry.
The result is a unique cash-flow tool that’s free for small businesses, helping them to anticipate changes, benchmark their growth, plan ahead and make more confident business decisions like when to cut expenses, invest or borrow.
With Kabbage Insights, small businesses can:
- Review cash-flow on the go via the intuitive mobile dashboard.
- Analyze daily performance and review money movement at a glance.
- Borrow strategically with forecast data to inform funding decisions.
- Save time, as studies show 91 percent of small business owners spend as many as 20 hours per week manually calculating cash flow.
What do you think about this cash flow predictor from Kabbage?
Please use the comments section below or head over to our Facebook Group for Small Business Sellers and interact with other small business owners.