CashView Team Earns Coveted DEMOgod Award(TM)
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CashView Team Earns Coveted DEMOgod Award(TM)
Company Offers Online Service to Manage Business Finances Free Until Year-End
PALO ALTO, Calif., Oct. 8 -- CashView, a new online service that simplifies the management of everyday business finances, successfully launched last week at DEMOfall 07. At the close of the conference, the CashView team was one of only eight companies awarded a coveted DEMOgod Award for having one of the top product demo presentations of the sixty-nine featured companies.
CashView is an online service that helps businesses easily and affordably manage bills, invoices, contracts and other important documents with the click of a button, allowing them to focus on growing their business. Available at no charge until the end of 2007, CashView eliminates the hassles of everyday financial stuff while integrating critical documents and processes with every transaction. Adding a new dimension to cash management solutions, CashView's technology also provides companies with a real-time view of their cash flow which leads to more effective planning, forecasting and smarter financial decisions.
CashView not only shined as a small business solution, but the team had one of the best 'playbooks' for launching at DEMO I've ever seen," said Chris Shipley, executive producer of the DEMO Conferences. "If CashView runs its business with the same level of detail and professionalism as it ran its DEMO launch, this company is sure to be successful at its mission: to be the simplest way businesses manage their everyday finances."
Affordable Pricing Model
Until the end of the year, CashView will be providing its service to the public at no charge. Beginning in 2008, CashView will charge a monthly price of $10 per user, plus $1 per transaction, which translates into substantial savings.
"Knowing that previous DEMOgod winners include Handspring, Intuit, and Six Apart, it's a great honor for our company and team to be in the same company," said CashView Founder and CEO Rene Lacerte. "We had an amazing week announcing our $6.5 million second round of financing and launching our service to nearly 1,000 technology influencers at DEMO. We couldn't have asked for a better platform to unveil CashView."
The Benefits of CashView
CashView solves several problems plaguing businesses today -- too much paper, costly errors, lengthy approval processes, lack of control, no real-time cash flow view, lack of integration of critical documents with transactions, and the inability to collect and pay bills on time. CashView helps businesses tackle the hassles of managing their payables, receivables and everyday financial stuff.
CashView delivers its service through an on-demand, Software as a Service (SaaS) model, giving smaller businesses, with less than 500 employees, the power of an enterprise-class application within their financial and IT grasp. Since it is a SaaS application, users simply need to have a computer and an Internet connection to access CashView anywhere, any time. The service requires no upfront investment or internal IT resources for installation or upgrades. In addition to receiving high-availability of data, customers using CashView store their critical data in a much safer environment than their local hard drive.
Why CashView
o Reduce time spent on administrative tasks
o Automate workflow and approval processes
o Integrate and store documents, processes, messages and transactions in
one place
o Inform financial decision-making with a consolidated calendar view of a
business' daily cash position, for the past, present and future
o Track and notify businesses of their unpaid invoices, improving
collections and accounts receivables
o Send automatic payment reminders, allowing companies to avoid late fees
and take advantage of early payment discounts
o Make electronic payments that integrate remittance information and
eliminate check fraud
About CashView
Based in Palo Alto, Calif., CashView is an online finance management service that simplifies the way businesses manage bills, invoices, contracts and other important documents, allowing them to focus on growing their business. CashView lets companies store all documents, processes, messages and transactions in one place, so financial stuff can be easily and securely accessed from anywhere, any time. Unlike traditional accounting systems with after-the-fact reporting, CashView is the first and only low-cost cash management service that gives companies a real-time daily view of anticipated cash flow while simultaneously processing transactions. This allows companies to more effectively plan, forecast and make smarter financial decisions -- adding a new dimension to cash management. CashView is privately held and funded by DCM (http://www.dcm.com/) and Emergence Capital (http://www.emcap.com/). For more information visit www.cashview.com/.
Source: CashView, Inc.
Web site: http://www.cashview.com/
http://www.dcm.com/
http://www.emcap.com/
