Float Cashflow Forecasting
Float helps agency owners to make confident decisions by tracking cash flow in real-time and planning for any scenarios such as
- Can I afford a new hire?
- What if I win or lose that project?
With the extra visibility and financial clarity, agency owners can grow and scale their agencies with confidence.
Float Cashflow Forecasting + Xero
Float integrates seamlessly with Xero to build a visual, easy-to-understand picture of your current and future cash. Simply enter your cash forecasts for what you expect to happen each month (or use our suggestions), and Float will keep these updated every day with bills, invoices and paid transactions so you can track your budget vs. actuals automatically.
Float also offers scenario planning, so you can easily see how different decisions might impact your business. Can you afford to hire new staff, expand to another location, or lose a client? Find out easily and visually in Float. It’s faster and simpler than Excel - plus it never goes out of date!
What Float offers beyond Xero’s cash flow report:
- Up to 3-year forecast
- Scenarios to model different potential cash outcome
- Budgets connected to actuals to prevent double counting
- Historical data
- Recurring budgets for future cash
- Budget vs. actuals reporting
In Float you can:
Understand your cash position, right now Get a clear picture of your past and future cash transactions each day. Use Float to drill down to what’s going to happen next week, or forecast out to the full year or more.
Save time and trust your forecast Moving from a spreadsheet-based forecast to Float, you’ll free up several hours a week thanks to the daily import of data from Xero. Not only that, but spreadsheets can be prone to error. You can trust that the data you see in Float is accurate.
Compare your budgets vs your actuals Float helps you easily compare your actuals to your forecasts to see how accurate your forecasting has been in the past. This helps you set more accurate predictions in the future.
Scenario plan for the what-ifs Model different hypothetical cash situations to see how they compare to your actual forecast. Planning to hire a new employee, or want to see if you can afford to lose that client? Find out if your plans are feasible with a few simple clicks.
Spot cash fluctuations in advance Having a visual picture of your cash will help you spot cash gaps and surpluses well before they happen, giving you plenty of time to secure funding or reinvest that surplus cash where it’ll make the biggest impact.
Import invoices and bills Unlike other tools, Float automatically imports all invoices and bills from Xero to track against your projections. Easily see all outstanding invoices and bills, and update when you think they’ll actually be paid, keeping your forecast accurate.
Export and share insights Export your forecast to a CSV or PDF to show your forecast to your stakeholders, or add them to Float as users. Find out how accurate your budgeting has been with our budget variance report, layer multiple scenarios to help you make informed decisions, drill into the detail of each line on your chart of accounts, and more.
It’s really easy to connect Float to Xero. To sign up, simply go to https://floatapp.com/sign_up, and authorise the connection.
Your import will only take a few minutes, and our personalised training, webinars and onboarding will help you get set up in no time.
Any changes in Xero will be automatically reflected in Float on your next sync, and you can run a manual update at any time.
Float cannot and will not change anything in your Xero account - ever. It’s a one-way import of data from Xero to Float, so your data is always secure.