Float
Float is a real-time, visual cash flow forecasting software that gives you a detailed overview of your business’ cash position. Float makes it easy to run different scenarios and answer those what-if questions to effectively plan for potential pitfalls.
Float seamlessly integrates with Xero, QuickBooks Online, and FreeAgent, importing your accounts, transactions, invoices, and bills, so you can easily see how much cash is coming in and going out, giving you an always up-to-date cash flow forecast.
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Scenario Planning for Business Revival
Float was our App of the Month for June 2020, and as part of that…
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Cash Flow Forecasting Features
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Accounting Integration
- Historical actuals
- Import bills
- Import chart of accounts
- Import draft invoices
- Import invoices
- Import recurring invoices
- Import Xero Budget
- Journals
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Automatic Predictions
- Automatic cash flow predictions based on historical data
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Chart of Accounts
- Amend order of display
- Group
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Comparisons
- Forecast vs actual
- Scenario vs scenario
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Forecast period
- 36 m
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Forecast transaction frequency
- 2-Weekly
- Annual
- Daily
- Monthly
- Once
- Quarterly
- Set end date
- Weekly
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Forecast transaction options
- Amend expected payment dates for existing A/R & A/P invoices
- Include/ignore existing A/R & A/P invoices
- Set expected payment dates for A/R & A/P invoices
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Forecast transaction values
- Fixed value
- Repeat transaction with decreasing transaction value % / £
- Repeat transaction with increasing value % / £
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Forecast view period
- Daily / Weekly
- Monthly
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Scenarios
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Add scenario to base forecast Add a scenario back to the base forecast
- Create from actuals
- Create from scratch
- Include forecasts from other scenarios in new scenario
- Include a single scenario
- Include multiple scenarios
- Quickly adjust overall base forecast (i.e. increase sales/cos by X%)
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Add scenario to base forecast
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Transaction options
- Expected payment dates
- Foreign currency transactions
- Set expected payment dates for A/R & A/P invoices
- Cost (from)
- £44.00
- Trial
- 14 day free trial, fully functional, no credit/debit card required, 30 day free trial, fully functional, no credit/debit card required
- Partner Program
- Advisor partner
- Free Practice Subscription
- Yes
- Accounting Software
- FreeAgent, QuickBooks Online, Xero
- Data Sync
- Daily, Manual, Real Time
- Mobile OS Compatibility
- No mobile app
- Head Office
- Edinburgh (UK)
- Offices
- Edinburgh (UK)
- Geographies Served
- Australia, Canada, Hong Kong, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, UK, USA
- Support Channels
- Email, Live Chat, Web Form
- Support Availability
- Monday, Tuesday, Wednesday, Thursday, Friday
- Training
- Self Guided, Vendor Led
- Two Factor Authentication
- Yes
- App Category
- Cash Flow Forecasting
- Sector
- Accounting and Bookkeeping, Agriculture, Construction and Engineering, Creative Agencies, Education and Training, Event Management, Franchising, Healthcare, Hospitality, IT and Telecomms, Legal Service, Manufacturing, Motor, Not For Profit, Professional Services, Property and Real Estate, Retail, Sport and Recreation, Technology, Tourism, Trades, Transport, Wholesale
Emma Fox –
Having offered cashflow forecasting for years it has always been a sore subject – until I discovered Float. It is simple to set up and use and your clients actually understand it. It works all around the actual movement of money. It is easy to amend budgets and projected payment dates for sales and purchase invoices.
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patrick –
This product pulls invoice-level data from Xero and presents it in a clear way. My clients can quickly understand how it works (it has a familiar layout, both the chart of accounts and the spread sheet look).
Forecasting is easy, as it adding what-if scenarios.
It’s only as good as the data that goes in, so you do have to keep Xero reconciled regularly. That’s a prompt to keep your Xero data flowing, and that can only be a good thing.
Float provides a window into your cash situation, and from there you can implement various strategies and apps to improve that situation.
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caroline.harridence –
Float is easy to integrate and set up. It is easy to understand for clients and a good option for short term cashflow forecasting and allows you to do scenario planning quickly. The support and help is excellent too.
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