FinTech: U.S. Bank Launches Cash Flow Projection Tool For SMBs

October 5, 2022 | FinTech, News

Small business owners get a new ‘line of sight’ into future cash flows with the new tool from U.S. Bank

A new online banking tool from U.S. Bank (NYSE: USB) will enable small businesses to forecast their cash flows for the next 90 days, as well as get a 90-day historical view. Businesses can even use both internal and external data sources to gain more comprehensive cash flow insights, said a statement from U.S. Bank. (Businesswire)

The bank has incorporated the new cash flow tool into ‘U.S. Bank’s Business Essentials’, an integrated “all-in-one” suite of banking and payments solutions that are simple and convenient for businesses to use to manage and run their operations. The cash flow tool can be accessed by clients from within their online dashboard.

“Cash flow is a top concern for today’s business owners. Giving our clients the ability to forecast their cash flow outlook, including, in the future, the capability to consider various scenarios, will provide them with vital information to make smart decisions for today and the future,” said Irv Henderson, U.S. Bank’s Chief Digital Officer for Small Business.

Related Story: US Bank Subsidiary Elavon Launches Talech Register, An All-In-One Payments And Analytics Platform

Feature Image by Ibrahim Boran on Unsplash

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