Overview: 5 Commitly alternatives you need to know

To make your decision easier, we’ve put together a comprehensive spreadsheet that compares Commitly with its alternatives. It’s packed with details on pricing, features, and bank integrations. If you spot a mistake, please let us know.

We'll review these 5 alternatives to Commitly:

• Microsoft Excel 
• Tidely
• Atlar
• Finban
• re:cap

What to consider when choosing a Commitly alternative

Fancy features can be tempting, but they only matter if they truly add value. When selecting cash or liquidity management software, focus on these key factors:

What do I need the software for?

Choose software that meets your needs. Startups or Scaleups have distinct requirements compared to large enterprises, and finance teams need deeper analyses beyond the key metrics that management typically focuses on. Take the time to pinpoint what truly matters for your business, and ensure the features you select are aligned with those priorities.

How time-consuming are onboarding and maintenance?

In our conversations with customers, we've learned that onboarding with certain providers can be a lengthy and resource-intensive process, often taking 2-3 months to fully implement. However, you get a comprehensive suite of features. But before you dive in, it's essential to evaluate the onboarding timeline and requirements. Will it be a quick setup, or will it take weeks before you start generating valuable insights?

Equally important is the consideration of maintenance. Once your data sources are connected, the system should operate seamlessly without the need for constant adjustments.

Do I need all the features that the software offers?

Do you need a comprehensive suite of features? More features usually come with higher costs – whether you need them or not. This can lead to paying for capabilities you never use.

How is data quality ensured?

Even the most advanced cash management software is only as good as the accuracy of its data. It's crucial to assess how effectively the software classifies transactions and whether it offers features like data cleansing, validation, and enrichment. These are the essential components that ensure your financial data is not just well-organized, but reliable.

Here are 5 Commitly alternatives

Microsoft Excel

For more than three decades, Microsoft Excel has been an essential tool for organizations of all sizes. Its flexibility as a spreadsheet and data analysis tool makes it a go-to choice for cash management. However, it’s important to recognize that Excel does have its limitations in this capacity.

Microsoft Excel pricing

With Excel, you have two options for your company: either use Excel as a standalone program or as part of Microsoft 365.

• Excel standalone: $159
• Excel within Microsoft 365: $6.99 per month

Key features

Excel can be a versatile tool, and many companies use it to track incoming and outgoing payments and manage their budgets. However, it's important to note that Excel relies entirely on manual input. 

While Excel is a familiar tool, it has limitations when it comes to cash management. Based on user feedback, it wasn’t built for modern liquidity management or financial planning, which can make certain tasks more difficult. For example, there’s no option to automatically link bank accounts, meaning account balances need to be entered manually – a process that can be both time-consuming and prone to mistakes. Without real-time insights into your transactions, it’s harder to stay on top of liquidity planning and forecasting. Additionally, manually updating your planning data increases the risk of losing valuable information from earlier scenarios.

Summary Microsoft Excel

Excel works well for managing basic liquidity needs, offering a familiar and versatile tool. For more complex cash management requirements, though, specialized software can provide advanced features and tailored solutions. If your liquidity needs are straightforward and good to overlook, Excel could still be an excellent choice.

Tidely

Tidely is a cash management software designed for SMEs and large enterprises. It helps you oversee your liquidity and track your cash flow. Key features include a comprehensive dashboard, detailed cash forecasts, scenario planning tools, and insightful reports.

Tidely pricing

Tidely's pricing varies based on your company's size, the number of users, and bank accounts. They offer four plans: Starter, Professional, Business, and Enterprise.

The Starter and Professional plans allow connections for 1 and 5 bank accounts respectively, and 1 and 2 users. You can explore these options with a 7-day free trial to see if Tidely fits your needs.

• Starter: €45 per month (annual billing)
• Professional: €85 per month (annual billing)
• Business: €215 per month (annual billing)
• Enterprise: customized prices

Key features

Companies use Tidely's cash management software for a range of functions:

• Get an overview of your liquidity and enhance your management strategies.
• Use the tool for liquidity planning and to explore different financial scenarios.
• Create accurate and insightful financial reports.
• Handle intricate team or company-wide financial structures.
• Connect all your bank accounts and ERP systems for streamlined operations.

Summary Tidely

Tidely is a versatile cash management software tailored for SMEs and large enterprises, offering tools for liquidity oversight, cash flow tracking, scenario planning, and reporting. With pricing plans ranging from €45 to customized enterprise options, it accommodates varying company sizes, user numbers, and bank account connections. A 7-day free trial allows users to explore its features, including integration with bank accounts and ERP systems, advanced financial planning, and comprehensive reporting capabilities.

Atlar

Atlar, a Swedish-based company, offers an all-encompassing cash management software solution. Their platform integrates cash management, payments, and cash flow forecasting, making it ideal for medium-sized to large businesses and enterprise clients.

Atlar pricing

Atlar’s pricing is tailored to your company's size and the features you require. They offer three plans: Essential, Professional, and Enterprise. While exact costs depend on your specific needs, pricing details are not disclosed publicly. Additionally, Atlar does not provide a free trial period. Implementation of the tool generally takes between 2 to 3 months, according to their own statement.

Key features

Companies rely on Atlar to get a complete overview of their cash flow with a unified platform. Atlar not only streamlines payment management but also helps you plan your liquidity by allowing you to create and analyze various scenarios.

Key features are:

• Custom dashboards
• Cash positioning
• Payment operations
• User management
• Cash reporting
• Accounts payable
• Approval chains

Atlar summary

Atlar, a Swedish cash management software provider, offers a comprehensive platform designed for medium to large businesses and enterprise clients. The tool combines cash management, payment processing, and cash flow forecasting, enabling users to streamline operations and plan liquidity effectively with scenario analysis. Pricing is customized based on company size and feature requirements, with three plans available: Essential, Professional, and Enterprise. While specific costs are undisclosed and no free trial is offered, implementation typically takes 2-3 months.

Finban

Finban is a financial planning software designed for agencies, SMEs, startups, and SaaS companies. Powered by finbot, a smart personal assistant, the platform delivers intelligent insights. finbot regularly and automatically analyzes your data, generates tailored reports, provides actionable recommendations, and alerts users to irregularities or potential issues.

Finban pricing

Finban offers three pricing plans for its financial planning software, each with a 14-day free trial and the option to upgrade at any time. All prices are exclusive of VAT. Depending on the plan the number of bank connections and users varies.

• Starter Plan
  • Monthly payment: €35 per month
  • Annual payment: €26.25 per month
  • 1 bank connection
  • 1 user
  ‍
• ‍Business Plan
  • Monthly payment: €65 per month
  • Annual payment: €48.75 per month
  • 3 bank connections
  • 5 users

• Professional Plan‍
  • Monthly payment: €120 per month
  • Annual payment: €90 per month
  • 10 bank connections
  • 10 users

‍‍Key features

Finban offers hassle-free cash flow and forecast management for companies and founders. They focus on questions like: what happens if I don't acquire new customers? Can we hire new employees? How will tax payments affect my business?

Key features are:

• Liquidity planning
• Scenarios & Forecasting
• Budget planning
• Analytics & Reporting
• Personnel Planning

Finban summary

Finban is a financial planning software designed to support agencies, SMEs, startups, and SaaS companies. It uses finbot, a smart personal assistant, to automatically analyze data, generate tailored reports, offer actionable insights, and alert users to potential issues. The platform offers flexible pricing plans with a 14-day free trial and options to upgrade. Pricing varies depending on the plan, with features like cash flow management, scenario planning, budget planning, analytics, and personnel forecasting.

re:cap

re:cap offers a financial management software that helps you manage, plan, and optimize your liquidity as well as streamline your financial operations. It's suitable for startups, scaleups, and small to medium-sized enterprises.

The software offers a real-time snapshot of all bank accounts and transactions and automatically categorizes your bank transactions. You'll get immediate access to crucial financial metrics, making it easy to generate reports for management and investors. Plus, you can do a financial forecast and run simulations – including stress tests – to ensure you're ready for any scenario.

re:cap pricing

You can select from three plans to suit your needs: Basic, Insights, and Funding & Insights. Plus, you can use a 14-day free trial to experience the software at no cost. If you need more information check out the pricing page. You can invite unlimited users and link as many bank accounts as you need – regardless of your plan.

• Basic: €0 per month
• Insights: €39 per month (annual billing) or €49 per month (monthly billing)
• Funding & Insights: customized prices

Key features

Liquidity Management

The cash management of re:cap covers a wide range of functions:

• With the cash flow statement, we automatically categorize all your transactions, making it easy for you to track all cash inflows and outflows.
• With the P&L statement, you can leverage real-time profitability analysis to stay updated and make optimizations.
• The runway analysis helps you to keep a close eye on your cash burn and runway to enhance your financial strategy and ensure better planning.
• Consolidation helps you to gain insights into liquidity across various levels, company structures, and entities.
• With Plan vs. Actuals, you can compare your business plan projections with actual results to spot deviations.
• You gain access to over 14,000 bank accounts, allowing you to view all your financial information on one platform.

Reporting

You see all key financial figures and can extract them for reports:

• Get a complete picture: build your company reports on a comprehensive understanding of liquidity, customers, profitability, and financial health by connecting banking, revenue, and accounting data.
• Single source of truth: you’re always prepared to discuss financial metrics and answer any finance-related questions from your management team with confidence.
• Report better with less work: extract key business metrics that matter most to your investors and save time on repetitive manual investor reporting.
• Ensure financial precision: track revenue, costs, cash flow, and balances to ensure projected outcomes match reality. This sharpens your financial precision and enhances plan accuracy.

Liquidity Forecast

Liquidity planning covers the following areas:

• Craft a liquidity plan based on historical data, with the flexibility to manually adjust and explore different scenarios.
• Get a clearer picture of how major decisions – like new hires, large expenditures, or mergers and acquisitions – could affect your cash flow.
• Conduct stress tests to see how key metrics perform under pressure, helping you pinpoint critical areas to address in your financial strategy.
• Assess how debt and equity investments influence your financial planning and liquidity.

Preparatory Accounting

With the preparatory accounting, companies can close their books quickly. Our AI handles the matching between invoices and transactions and companies only have to do the accept or decline the reconciliation. They can send invoice to their dedicated re:cap email and they automatically appear on the platform. This provides more advisory time for accountants and less manual and time-consuming admin tasks.

What do companies use re:cap for?

Our customers use re:cap for different purposes:

• Get an instant, transparent view of account transactions and cash balances, automatically updated from your bank accounts.
• See all key financial metrics at a glance, whether for the entire organization or individual entities.
• Keep your management team and investors informed with critical metrics like burn rate, revenue growth, and cash balance.
• Spot opportunities to save money and cut costs.
• Monitor your budget closely and respond quickly to any deviations.
• Simplify budget planning with clear comparisons between business plan targets and actual performance.
• Plan your liquidity more precisely by creating customized scenarios to model and understand future developments.
• Conduct liquidity stress tests to see how various impacts affect other areas of your business.

Summary re:cap

With re:cap, you gain access to financial management software for cash management, detailed reports for various stakeholders, a tool for liquidity planning and forecasting, and for preparatory accounting.

Summary: 5 Commitly alternatives in 2025

We’ve evaluated five alternatives to Commitly for liquidity management and financial planning. Each option has its unique strengths and limitations. Below is a clear and concise comparison to help you find the best fit for your needs:

• Functionality vs. Pricing: some tools offer a rich array of features but come with a higher price, while others emphasize simplicity and ease of use with basic features. The challenge is finding the right balance that meets both your needs and your budget.

• Onboarding and usability: some platforms require more onboarding and resources, whereas others provide a smooth start with minimal configuration.