FDIC-Insured - Backed by the full faith and credit of the U.S. Government
- Monitor & Forecast Cash Flows
- Automate & Manage Payables
- Automate & Manage Receivables
- Key Performance Indicators
- Access Working Capital
- Diversify & Insure Cash Deposits
Monitor & Forecast Cash Flows
With Centime’s cash flow forecasts, gain insight into what payments are coming in and going out in advance, making it easier for you to make better decisions for your business.
View Your Finances in One Holistic View
View the full financial picture for your business by viewing accounts across all financial institutions and monitor your balances in one dashboard.
Automatically Forecast Cash Flows
Centime’s forecasting application automatically creates a rolling 13-week cash flow forecast.
Model Cash Flow Scenarios Based on Future Plans
With Centime, you can build models that align with your objectives, adjust predictions and test scenarios to understand the potential impact on cash flow.
Automate & Manage Payables
Automate your accounts payable with Centime’s cash flow forecasts—identify who, when and how to pay to make the most of your cash resources.
Automate Payment Posting and Remittance Communications
Payments automatically post back to your General Ledger, together with emails sent to suppliers when payments are scheduled and executed, complete with detailed remittance information.
Increase Electronic Payments with Automated Supplier Enrollment
Integration with payment networks identifies card-accepting suppliers to help you increase electronic payment adoption with your vendors, maximizing capital and access to rebates.
Pay Anyone Using Any Payment Method
Simply decide who and when to pay, and select a payment method — check, ACH, your credit card or Centime Credit Card* — and let Centime take care of the rest.
Mitigate Fraud
Authorize payments and mitigate both external and internal fraud risks through segregation of duties, dual approvals, audit trails and automated remittance communication.
Automate & Manage Receivables
An effective collections process begins with knowing who owes you, how much is owed, when you will get paid and how it will impact your cash flow.
Know When You Will Get Paid and Proactively Manage Collections
Identify customer behavior to confidently predict when you will be paid. Custom automated reminder campaigns sent to customers can help encourage timely payment and reduce the risk of write-offs.
Accept Online Payments and Apply Received Cash to Open Invoices
Make it easy for customers to pay you using ACH or credit card. You can also automatically cash to open receivables.
Visualize How Receivables Impact Cash Flow
Outstanding invoices are reflected back to your cash flow forecast in real time to help you assess the impact to your business.
Key Performance Indicators
Generate key performance indicators on accounts payable, accounts receivable and cash flow to improve decision-making — then analyze that data to reveal transformative insights.
Analyze Cash Flow Performance
Visualize your success and quickly identify trends with an overview of the key elements of the cash flow lifecycle: cash flow, payables and receivables.
Track Metrics Key to Cash Flow Control
Count on the KPIs used by top companies to benchmark your performance over multiple periods. Get closer to the unique set of numbers that drive your own business.
Compare and Contrast Previous Performance
Customize period comparisons to easily spot trends early and make adjustments to ensure continued success.
Access Working Capital
Quickly and securely determine the best credit solution for your business.
Increase Working Capital by Paying with Credit
Make the most of the credit available to you and leverage 20-50 additional days of working capital.
Access New Credit and Pay with Centime Credit Card
Quickly and simply gain access to a new line of credit, Centime Credit Card,* a virtual card designed to pay card-accepting suppliers.
Make Secure Payments and Track Them Easily
Avoid sharing banking details by paying with virtual card and track payments along the way.
Diversify and Insure Cash Deposits
With Centime Checking Plus*, powered by FNBO, you get access to:
Multi-Bank Account Aggregation.
View all your bank accounts and FI relationships within Centime's single, integrated dashboard for complete line-of-sight across all your cash assets and liabilities.
Cross-Bank Account-to-Account Transfer.
Freely transfer cash between accounts and across any bank . Avoid costly wire fees and tedious bank-specific procedures.
High-Yield Checking.
Put your cash to work with Centime Checking Plus*: a fully liquid, high-yield checking account. Get high return with unlimited transactions and without the restrictions of other high-yield money market accounts.
Automated Account Diversification.
With Centime Checking Plus*, access multi-million-dollar FDIC insurance coverage. Automatically diversify your deposits, without the inconvenience of opening and managing new accounts and banking relationships.
Centime is a financial technology company, not a bank.
Centime deposit products are with FNBO*, Member FDIC
Frequently Asked Questions (FAQs)
- General Questions
- General Ledger
- Centime Checking Plus
Centime Cash Management is a cloud-based software that integrates with your general ledger and bank accounts. Centime enables you to control and manage cash flow.
Centime works with growing small and mid-sized businesses, with 10 to 1,000 employees. Businesses who manage AP & AR, have a need to forecast cash flow, and use either QuickBooks Desktop, QuickBooks Online, Oracle NetSuite, or Sage Intacct as their general ledger application can benefit from Centime.
General ledger applications primarily aid with accounting and bookkeeping, supporting basic bill pay, invoicing and payroll capabilities. By contrast, Centime helps businesses with working capital needs to predict cash flow and optimize liquidity.
Centime complements general ledger applications by integrating directly with them and drawing on general ledger data to help optimize cash flow.
A survey of prospective clients suggests that proper cash flow control and management is a best practice for every business. The best run businesses have processes in place to ensure that their cash flow meets goals and expectations –not only to ensure survival, but also to manage their stated cash goals and to support strategic growth-related investments.
Centime’s extensive market research and client interviews indicate that while many businesses understand the need to control cash flow, they do so sporadically. Managing cash flow becomes a priority at crisis points, and it is inconsistently resolved with inefficient & manual processes. Centime provides a comprehensive solution to automate cash flow forecasting and provides credit and non-credit solutions to close liquidity gaps.
The general ledger is the source of data for Centime Cash Management, allowing the user to manage key components of the cash flow lifecycle (Accounts Receivable, Accounts Payable, Forecasting, & KPIs).
Centime supports QuickBooks Desktop, QuickBooks Online, Sage Intacct and Oracle NetSuite.
These are broad market general ledger applications with (clients with between 10 and 1,000 employees).
Centime will continue to integrate additional general ledger applications, including those that target specific market verticals.
You cannot use Centime Cash Management until your general ledger is supported.
Centime will pull accounts receivable and accounts payable information from your general ledger.
Payment transactions performed via Centime will be posted back to your general ledger.
A high-yield sweep account automatically transfers excess funds from a business’s checking account into an interest-earning account, such as a money market deposit account or a savings account. This process helps businesses earn higher interest rates on their idle funds while still ensuring liquidity and easy access to the money when needed. A high-yield sweep account is a smart way to earn more on your cash reserves without compromising your financial flexibility.
Centime Checking Plus* allows businesses to enjoy high yield interest rates. Moreover, there are no transaction limits on account-to-account transfers, ensuring your funds remain accessible, without any lock-in periods, enabling improved cash management and higher earnings on checking balances.
Yes! With Centime Checking Plus, powered by FNBO*, you get enhanced deposit protection beyond the standard $250,000 FDIC limit. We diversify your deposits across a network of FDIC-insured banks, adding a layer of security to safeguard your business funds and provide peace of mind for your team.
Centime Checking Plus’ high-yield checking account automatically transfers funds over $250,000 into a high-yield sweep account within the IntraFi network. This lets you earn interest on idle cash while maintaining liquidity and easy access to your money.
Diversification is critical for businesses with deposits exceeding $250,000. By having funds in multiple FDIC-insured accounts, businesses can effectively increase FDIC coverage without managing multiple bank relationships.
Ready to try Centime for free? Here’s what you can expect.
Free Training
Our product and customer success teams will train you and your staff on Centime’s features and functions.
Ongoing Support
You’ll receive ongoing support and additional training, as needed. Our experts are always eager to answer your questions.
Provide Feedback
You’ll receive ongoing support and additional training, as needed. Our experts are always eager to answer your questions.
*Centime is a financial technology company, not a bank. All banking products and solutions are provided by FNBO. Member FDIC
Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks [intrafi.com]. The depositor may exclude banks from eligibility to receive its funds. IntraFi, ICS, and IntraFi Cash Service are registered service marks of IntraFi LLC