COMMITLY is a Fintech startup based in Austria, founded in 2019, that offers a user-friendly and cloud-based cash flow management tool. The company aims to simplify financial management for small and mid-sized businesses by providing a platform that eliminates the associated pains and time requirements. The emphasis is on the crucial financial aspect of entrepreneurship – cash flow, without which companies cannot survive.
Currently available only in Germany and Austria, COMMITLY surpasses Excel in efficiency and ease of use and is simpler to navigate than a bank account. It offers a range of powerful features, including connecting and synchronizing all bank accounts, customizable cash flow templates, easy financial plan transferal or initiation, automatic forecasting based on plans, end-of-month automated controlling, aesthetically pleasing reports, and collaboration options for team members.
The company's slogan is "COMMITLY simplifies cash flow management for companies through a cloud-based web app." With its innovative approach, COMMITLY presents an opportunity for companies to gain deeper insights into their financials. Although their last investment and investors are not disclosed, COMMITLY's potential for transforming financial management for businesses in the Fintech industry makes it an intriguing prospect for potential investment.