Managing business cash becomes more complicated as a company grows. Customer payments may arrive at different times, supplier invoices have their own due dates, and businesses operating across borders may also have to deal with multiple currencies. Without a clear view of what is coming in and going out, it can be difficult to know how much cash will be available in the weeks or months ahead.
This is where Finmo’s cash forecasting in Australia becomes useful. Instead of looking only at the current bank balance, businesses can use forecasts to estimate future inflows, outflows and potential cash shortfalls. For Australian businesses, this can be particularly important when managing seasonal revenue, large supplier payments, tax obligations or international transactions.
A range of financial institutions and digital platforms support different parts of business cash management in Australia. Here are 10 brands worth considering when building a more organised approach to financial planning.
1. Finmo
Finmo provides a treasury management platform that brings together cash visibility, forecasting, payments and other financial workflows. Its cash forecasting tools can consolidate financial information across accounts, entities and currencies, giving finance teams a broader view of their liquidity position.
Businesses can create forecasts across different timeframes and test scenarios such as delayed customer payments, unexpected expenses or changes in revenue. This makes Finmo’s cash flow forecasting solution for Australian businesses and finance teams more useful for planning rather than simply recording historical transactions.
For Australian businesses with multiple entities or international operations, having cash information in one place can reduce the need to rely on separate spreadsheets and manual calculations. Finmo is also licensed in Australia, among other jurisdictions.
2. Commonwealth Bank
Commonwealth Bank is one of Australia’s major banking institutions and provides a broad range of business banking services. Businesses can use its banking products to manage accounts, payments and everyday financial transactions.
For finance teams, reliable access to current account information provides an important starting point for cash planning. Actual balances and transaction history can be compared with expected customer receipts, supplier payments and other upcoming expenses.
A bank account alone does not constitute a complete forecasting system, but accurate banking data can form an important part of a wider cash management process.
3. ANZ
ANZ provides business banking and financial services to Australian companies across different industries and sizes. Its business banking products cover everyday accounts, payments, lending and other financial requirements.
Businesses preparing cash forecasts can use their banking information alongside accounting records and expected payment dates. This helps distinguish between money currently available and money that is expected to arrive later.
That distinction is important. A business may have strong sales but still experience a temporary cash shortage if customers take longer to pay than expected.
4. Westpac
Westpac is another major Australian bank offering financial services for businesses. Its business banking capabilities include accounts, payments, lending, and other tools that can support day-to-day financial management.
For companies preparing a forecast, transaction data from banking systems can help establish historical patterns. Finance teams can then compare those patterns with upcoming obligations and expected receipts.
Businesses with regular recurring expenses can also use historical information to identify periods when cash requirements tend to increase. This can make short-term planning more realistic.
5. NAB
NAB provides business banking services covering accounts, payments, financing and cash management requirements. Its digital banking environment gives businesses access to their financial information and transaction activity.
This information can be useful when building or updating a forecast. Rather than relying entirely on estimates, finance teams can compare projected figures with actual movements in their accounts.
For growing businesses, this process can also reveal where assumptions are consistently inaccurate. For example, if customers regularly pay later than expected, future forecasts can be adjusted accordingly.
6. Airwallex
Airwallex focuses on financial infrastructure for businesses, with products covering areas such as international payments, foreign currency accounts and business financial management.
This can be relevant to Australian companies that trade internationally. Businesses receiving or paying money in different currencies need to consider more than the Australian-dollar balance in their main operating account.
Foreign exchange movements and payment timing can affect the amount ultimately received or paid. Including those factors in financial planning can give international businesses a more realistic view of future liquidity.
7. Wise Business
Wise Business provides international payment and currency management services for companies that need to send or receive money across borders.
For Australian businesses working with overseas suppliers, contractors or customers, international payment activity can form a significant part of the cash cycle. Tracking these payments separately from domestic transactions can make financial planning more complicated.
Digital tools that provide clearer visibility over international transfers can help finance teams keep better records. However, businesses should still combine this information with their banking and accounting data when preparing a complete forecast.
8. Xero
Xero is an accounting platform widely used by small and growing businesses. Its accounting features allow companies to keep financial records, manage invoices, and monitor business transactions.
Accounting software can be particularly useful for cash planning because it brings together information about income and expenses. Businesses can use their accounting data to understand historical cash movements and identify upcoming obligations.
For companies already using Xero, connecting other financial tools to the accounting system can also reduce duplicate data entry and make it easier to keep financial information consistent.
9. MYOB
MYOB is an Australian-founded business management and accounting software provider. Its products are designed to help businesses manage areas such as accounting, payroll, invoicing and financial reporting.
Accurate accounting records give businesses a stronger foundation for forecasting. Outstanding invoices, recurring expenses and historical transactions can all provide information about future cash movements.
For smaller Australian businesses that do not have a dedicated finance department, keeping these records current can make cash planning considerably easier than attempting to build forecasts from bank statements alone.
10. PayPal
PayPal provides online payment services used by businesses to accept payments from customers. It can be particularly relevant to businesses that sell online or work with customers in different markets.
Payment platforms can contribute useful information to cash planning because businesses need to know not only how much they have sold, but also when funds will actually become available and what fees or adjustments may apply.
Companies that use PayPal alongside other payment channels should consolidate the relevant information when preparing a forecast. Looking at only one payment account can give an incomplete picture of the business’s available cash.
Building a More Useful Cash Forecast
A useful forecast should reflect how the business actually operates. Expected customer payments, supplier invoices, wages, rent, tax obligations, loan repayments and one-off expenses can all affect future cash availability.
For Australian businesses, the timing of tax and other statutory obligations can also be important when planning. Companies that operate internationally may need to add another layer of complexity by considering foreign currencies and overseas payment schedules.
Digital banking, accounting and treasury platforms can make the process easier by providing more current financial information. Finmo, for example, combines real-time cash visibility with forecasting and scenario modelling across accounts, entities and currencies.
The purpose of cash forecasting is not to predict every transaction perfectly. It is to give business owners and finance teams enough forward visibility to make better decisions. A realistic forecast can highlight a potential funding gap before it becomes urgent, show when surplus cash may be available, and help businesses plan their working capital with greater confidence.
