“CASHFLOW & BUDGETING”
Cash flow is at the heart of every business and is one of the biggest reason’s businesses fail.
Without cash, you can’t meet your tax obligations, pay payroll, your suppliers stop supplying you and your operations may come to a grinding halt, even when your business is profitable. A massive 65% of failed businesses say they closed down due to financial mismanagement including issues such as lack of cash flow visibility.
In these times of economic uncertainty, cash flow management is therefore one of your business' most valuable tools to track surpluses and shortages. Let us show you how to combine your data with your predictions to produce a powerful, real-time forecast of your future cash position in the next days, weeks, months and even years utilising Float software. We want to help you understand what the future of your cash looks like, which is why we’ve partnered with Float.
About Float
Float is award winning cloud software that provides you with reliable, real-time cash flow forecasts and insights that will answer ‘what if’ questions and empower you to make financial decisions with confidence.
By automatically importing all your accounts, transactions, invoices and bills, it updates your cash predictions with actuals, providing real-time insights. With its clever scenario planning tool, it will help to answer questions that can plague any business, such as “What if that invoice doesn’t get paid in the next five days” or ‘How much cash flow am I going to have in the next three months?’
It can help you:
Understand your cash position
It gives you a clear, visual view of what’s happening with your business’ cash today and in the future, based on real-time information.
Real-time insight with less time and effort
It automatically syncs with Xero so you can easily see cash moving in and out, and which bills, or invoices are yet to be paid.
Plan for the what-ifs
It makes it easy to run scenarios based on your current cash position and see what could happen if you make a hire, lose a client, or increase expenses.
Compare your budget vs your actuals
Easily compare your actuals to your forecasts to see how accurate your forecasting has been, enabling you to improve your predictions for the future.
Understand the details to see the bigger picture
Get a clear overview of your past and future cash transactions each day. You can drill down to next week, or forecast up to three years ahead, so there are no nasty surprises.