Cash flow software.

• Position: TechnologyTOOLS - BizCast[TM] 6.0

Avolent Inc., a provider of enterprise application software for eBilling and cash flow optimization, has released BizCast[TM] 6.0, which the company says streamlines "all the financial interactions between a corporation and its customers, such as invoicing, collections, payment processing and reconciliation."

The application offers a new suite of capabilities for CFOs and treasurers "to accurately predict and control cash flow, including cash forecasting, customer profiling and trade term management," the San Francisco-based company said in an announcement. "This enables corporations to increase margins by 1-2 percent while reducing Days Sales Outstanding (DSO) by 3-10 days."

According to Avolent, BizCast[TM] 6.0 is the first software to provide cash flow optimization capabilities based on an eBilling platform, presenting a range of capabilities previously unavailable to finance professionals in existing enterprise resource planning (ERP) and treasury systems. For example, with BizCast[TM] 6.0 a finance professional can:

* accurately predict inbound cash flow based on real-time information on the status of all invoices, not just historical information;

* forecast inbound cash flow based on unique customer payment profiles, not outdated models;

* increase cash flow by instantly changing all...