Overview: 5 Tidely alternatives you need to know

We've crafted a convenient spreadsheet to help you compare Tidely with its leading alternatives and competitors. It includes up-to-date data on pricing, product features, and bank integrations, all current as of September 18, 2024. If you’re spotting a mistake, please let us know.

1. re:cap Insights
2. Microsoft Excel 
3. Agicap
4. Commitly
5. Atlar

What you should consider when choosing a Tidely alternative

Fancy features can be tempting, but they only matter if they genuinely add value. When choosing cash or liquidity management software, keep these factors in mind:

What do I need the software for?

Choose software that meets your unique needs. Startups have different requirements than large enterprises, and finance teams require in-depth analyses that go beyond the key metrics management focuses on. Take the time to identify what truly matters for your business, and make sure the features you choose align perfectly with those needs.

How time-consuming are onboarding and maintenance?

From our conversations with customers, we’ve learned that onboarding with providers like Agicap or Atlar can be a lengthy and resource-intensive process, often taking 2-3 months to implement. However, the payoff is a robust set of features. Before diving in, it’s crucial to assess the onboarding timeline and requirements: will it be a quick setup, or will it take weeks to start generating valuable insights?

The same careful consideration should be given to maintenance. Once your data sources are connected, the system should run smoothly without the need for constant adjustments.

Do I need all the features that the software offers?

More features often 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 best cash management software falls short if the data isn't accurate. Pay close attention to how well the software classifies transactions and whether it includes features for data cleansing, validation, and enrichment. These are the key elements that ensure your financial data is not just organized but reliable.

What are the 5 best Agicap alternatives?

1. re:cap Insights

re:cap Insights is a liquidity management software designed to help you plan, control, and optimize your cash flow with precision. Ideal for startups, scaleups, and small to medium-sized enterprises, this solution provides a structured approach to managing your cash movements efficiently.

The software provides a real-time overview of all your bank accounts and transactions and automatically categorizes all incoming and outgoing your cash flows. You'll have instant access to key financial metrics for reports to your management, team, and investors. Additionally, you can plan your liquidity, simulate stress tests and the financial impact of major business decisions to ensure you're prepared for any situation.

re:cap pricing

With re:cap Insights, you have three flexible plan options to choose from: Basic, Insights, and Funding & Insights (all insights plus access to re:cap funding). Plus, you can enjoy a 14-day free trial to explore re:cap at no cost. Find all information on the pricing page.

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

One final thing: with re:cap Insights, you can invite unlimited users and link as many bank accounts as you need – regardless of your plan.

Key features

Liquidity Management

The liquidity management of re:cap Insights covers a wide range of functions:

• Cash flow statement: we automatically categorize all your transactions, making it easy for you to track all cash transactions.
• P&L statement: leverage real-time profitability analysis to stay updated and make timely optimizations.
• Runway analysis: keep a close watch on your cash burn and runway to fine-tune your financial strategy and ensure optimal planning.
• Consolidation: gain insights into liquidity across various levels and entities.
• Plan vs. Actuals: compare your business plan projections with actual results to spot deviations early on.
• Bank connections: 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 in one dashboard and can extract them for your reports:

• Get the full picture: build reports based on a complete view of liquidity, customers, profitability, and financial health by connecting banking, revenue, and accounting data.
• One source of truth: be ready to discuss financial metrics and answer management’s questions with confidence.
• Report smarter, not harder: extract key metrics investors care about and save time on manual reporting.
• Sharpen financial accuracy: track revenue, costs, cash flow, and balances to ensure your projections match reality.

Liquidity Forecast

Liquidity forecast covers the following areas:

• Design a liquidity plan using historical data, and adjust manually to explore various scenarios.
• Gain a clearer understanding of how key decisions, such as new hires, significant expenses, or M&A, might impact your cash flow.
• Perform stress tests and simulate how key metrics behave under pressure. This helps you identify crucial areas to focus on in your financial planning.
• Evaluate how debt and equity investments impact your financial planning and liquidity.

What do companies use re:cap Insights for?

Our customers use re:cap Insights primarily for the following purposes:

• They gain an instant, transparent view of account transactions and cash balances, all updated automatically from their bank accounts.
• They can view all essential financial figures at a glance, whether for the entire organization or individual entities.
• They can keep your management team and investors updated with essential metrics, including burn rate, revenue growth, and cash balance.
• They can identify opportunities to save and cut costs.
• They can monitor the budget closely and respond swiftly to any deviations.
• It simplifies budget planning by providing a clear comparison between business plan targets and actual performance.
• Plan your liquidity with greater precision by creating customized scenarios to better model and understand future developments.
• They can perform liquidity stress tests to evaluate how these impacts affect other areas.

Summary re:cap Insights

With re:cap Insights, you get top-tier cash management software that covers all the essentials: cash flow management, key metrics for reports to different stakeholders, and tools to plan your liquidity and build forecasts.

2. Microsoft Excel

For more than 30 years, Microsoft Excel has been a fundamental tool for organizations of all sizes. Its versatility as a spreadsheet and data analysis tool makes it a popular choice for cash management. However, it's important to acknowledge that Excel has its limitations in this role.

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. 

When it comes to cash management, this approach has its drawbacks. Excel isn’t designed for effective liquidity management or financial planning. Key features are missing: you can’t automatically link bank accounts, so you must enter account balances manually, which is time-consuming and error-prone. Without real-time visibility into your transactions, liquidity planning and forecasting become challenging. Additionally, maintaining and updating your planning data manually means you risk losing information from previous scenarios.

Summary Microsoft Excel

Excel can handle basic liquidity management, but it falls short when dealing with more complex requirements. For sophisticated cash management, specialized software is the way to go.

3. Agicap

Agicap is a leading French company specializing in cash management software designed for medium to large enterprises. Their platform provides a suite of financial management tools, including cash flow monitoring, supplier payments, expense management, receivables tracking, and liquidity planning.

Agicap pricing

Agicap's pricing is influenced by factors such as the number of companies, bank accounts, and your company’s turnover. You’ll receive a tailored quote based on these details. However, Agicap’s pricing structure isn’t immediately transparent.

To access the software, you need to purchase the full platform. While a free trial is available, the exact duration of the trial period isn't specified.

Key features

Agicap is a cash management software that offers you various features:

• Liquidity management: centralize and streamline your liquidity oversight.
• Liquidity planning: plan your liquidity with forecasts and scenarios.
• Bank and ERP connection: connect all your accounts and ERP systems to Agicap.
• Expense management: manage orders, enter invoices, payments, and company cards.
• Receivables management: Keep an eye on your receivables and optimize payment deadlines.

Summary Agicap

Agicap provides a comprehensive cash management solution that goes beyond basic functionality. With its extensive range of features, it’s designed to handle various aspects of financial management, which is reflected in its pricing.

4. Commitly

Commitly is a cash management software designed to give you a clear view of your cash flow and manage your company’s finances efficiently. Commitly emphasizes the creation of financial forecasts. Tailored mainly for SMEs and startups, it aims to simplify financial oversight and planning.

Commitly pricing

Commitly’s pricing is tailored to your company’s size, number of users, and bank accounts. They offer three distinct plans: Basic, Business, and Professional. Plus, you can try out the software with a free 14-day trial.

• Basic: €45.83 per month (annual billing)
• Professional: €70.83 per month (annual billing)
• Business: €120.83 per month (annual billing)

Key features

Companies rely on Commitly for a daily snapshot of their liquidity, tracking deposits and withdrawals with ease. In addition, Commitly supports cash flow planning and lets you model different scenarios to predict how your liquidity will evolve.

Summary Commitly

Commitly provides a comprehensive view of your cash flow and key metrics, with a strong emphasis on forecasting. It allows you to explore and model different planning scenarios to better manage your financial future.

5. Atlar

Atlar, based in Sweden, provides a comprehensive cash management software solution. Their platform covers cash management, payments, and cash flow forecasting, catering to medium-sized to large companies and enterprise clients.

Atlar pricing

Atlar’s pricing is based on your company’s size and the features you need. They offer three plans: Essential, Professional, and Enterprise. While the exact costs vary depending on your specific requirements, pricing details are not publicly available. Additionally, Atlar does not offer a free trial period. According to Atlar, implementing the tool typically takes 2-3 months.

Key features

Companies turn to Atlar to gain a comprehensive view of their cash flow through a single platform. With Atlar, you can also manage payments and plan your liquidity by creating and analyzing various scenarios.

Atlar summary

Atlar is a software solution that allows you to cover the basic areas of cash management.

Summary: The 5 best Tidely alternatives

We’ve assessed five top alternatives to Tidely for liquidity management and financial planning. Each option comes with its own set of strengths and limitations. Here’s a concise comparison to help you find the best fit for your needs:

• Functionality vs. Pricing: some tools pack a wealth of features but come with a higher price tag, while others focus on simplicity and ease of use. The key is finding the right balance that suits your needs and budget.
• Onboarding and Usability: some platforms demand extensive setup and training, while others offer a seamless start with minimal configuration.

We’ll admit, we’re a bit biased, but we genuinely believe re:cap Insights can benefit you for these key reasons:

• Transparent pricing: try it for 14 days for free before committing. 
• An intuitive and user-friendly interface that’s simple and easy to navigate.
• Onboarding in minutes: connect your data sources and get started straight away. No further maintenance is required.
• Gain access to essential features that provide a comprehensive view of your liquidity, allowing you to plan effectively and create customized scenarios.
• Explore financing options: not only can you use cash management software to optimize your finances, but you might also get access to re:cap funding.

Discover more about Insights on our product pages. For any questions, browse our FAQs or reach out to us directly.