(Boston, MA, January 30, 2023) - Sikich and Centime announced the launch of their strategic partnership today. Sikich customers can now use Centime's comprehensive solution to address all elements of the cash lifecycle
“We’re always on the lookout for strategic solutions that can impact our customers’ business performance. Centime’s Cash Management suite enables our NetSuite customers to get a better grip on every aspect of cash management in one integrated platform. That’s something unique, valuable, and timely,” said Colleen McCaughey, Director of Professional Services at Sikich.
Sikich has partnered with NetSuite since 2013, and the company’s 1,500-plus employees currently serve more than 15,000 clients in all 50 states. Additional Sikich partners include Microsoft and SalesForce.
Centime Cash Management includes the following:
- Cash Forecasting: Businesses can use the Cash Forecasting application to automatically create a rolling 13-week cash flow forecast.
- Manage AP and AR: With these applications, businesses can unlock valuable working capital by stretching Days Payable Outstanding (DPO) and shrinking Days Sales Outstanding (DSO).
- Working Capital Line of Credit: Businesses can qualify for CentimeCredit — a working capital credit line — and can draw from the line as and when cash is needed.
- Cash Reporting and KPIs: Cash Reporting and KPIs can be used by businesses to gain insights and answer questions relating to their use of cash. Some examples include: “What was my cash flow and cash burn in the last quarter, and how does it compare to the prior quarter? How is my AR team performing on collections?”
“The Centime Cash Management suite includes solutions ranging from cash forecasting to managing AP and AR to accessing cost-effective credit,” said Centime founder and CEO BC Krishna. “With Centime, customers can further leverage their investments in NetSuite with a powerful, comprehensive suite of applications to manage their cash.”
Sikich LLP is a global company specializing in technology-enabled professional services. With more than 1,500 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies and ranks as one of the largest CPA firms in the United States. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals.
*Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor.
With its cash management applications, Centime helps small and mid-sized businesses thrive.
Centime provides comprehensive SaaS solutions that integrate with the customer’s accounting system and features applications that address key aspects of the cash flow life cycle.
With Centime Cash Management, businesses can monitor cash balances, forecast cash flows, automate AP and AR, access a range of cost effective credit and liquidity solutions, and track key indicators of cash flow and business performance.
Centime was awarded 2022 Commercial Banking Fintech of the Year by Aite-Novarica.
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