Float Cash Flow Forecasting Reviews & Product Details

The fact that float integrates with Xero, our accounts software, means we get a pretty much automatic cash flow generated. All of our data from xero such as invoices and bills are all added straight to float including any updates to planned to pay dates etc...

We utilize future invoicing in xero for the duration of our contracts which means those invoices, although not sent yet, get included in our cash flow for future months.

The use of scenario layers is a life saver. We add in our budgets ready for the year on the base layer and then we can add scenario layers on top of that for showing where we are with actuals vs budget or we can add an extra scenario layer to show what would happen if we gained a new large client or we wanted to bring in additonal employees. We used to have do this modelling on excel!

It is easy to keep up to date and syncs to your software as often as you need, we do daily.

I wouldn't be without Float now! It has helped us keep control of our cash and have good visibility of future cash positions. Review collected by and hosted on G2.com.

I would like to be able to add more scenario layers as you currently can only have 3

I would also like to be able to run additonal reports and customise current ones a little more but apart from that it is great. Review collected by and hosted on G2.com.

Float automatically pulls in all of the data from your accountancy software, giving you an excellent base cash flow to start. It then provides the ability to create different scenarios to quickly see how additional income (such as a new client signing on) or expenditure (taking on a new employee) changes will alter the flow of cash through the business. Being able to "see" what the future may look like from a financial point of view is essential in smaller agencies, where those changes can have a much more significant overall impact. Review collected by and hosted on G2.com.

In Float you always create scenarios using the Base scenario as a starting point. It would be beneficial to have the additional ability to build scenarios on top of each other, providing greater freedom to plan for multiple things happening concurrently - such as signing new clients but losing other business. Review collected by and hosted on G2.com.

Simple UI that whilst comprehensive feature-wise, is still really accessible and easy to get access to the information you need. This goes for both those using the tool on a daily basis as well as those just dropping in infrequently. Review collected by and hosted on G2.com.

Very little, I've been a user since their Freeagent product and then beta during the launch of the Xero version, the team are extremely open to feedback and regularly iterating the features. Review collected by and hosted on G2.com.

Saves a huge amount of time compared to using spreadsheets. Although there is a built in forecasting tool within Xero, it is quite limited and does not have anything like the functionality of Float. While we only use the scenario planning tool as and when required, it is very quick and easy to use compared to any other method and allows multiple variables to be tested with ease. Customer support and advice has always been excellent and I have found their team to be very active in seeking feedback on their product and then taking this onboard for future improvements to the app. Review collected by and hosted on G2.com.

Float does require you to always keep your accounting software reconcilied and up to date to allow it to forecast properly. This is obviously not a fault of Float and indeed should encourage good behaviour but with Xero dragging its heals on direct bank feeds to a lot of banks, this is perhaps not as slick as it could be. Float is quite expensive compared to the accounting software itself, but I can easily justify this with the time saved compared to spreadsheet entries. Review collected by and hosted on G2.com.

Float easily syncs all data with xero and allows you to stay on top of your cash flow planning. No laborious updating or cross-platform populating of figures. It works smoothly and reliably. After some time you can't imagine not having it anymore. Review collected by and hosted on G2.com.

Even as a non accountant or bookkeeper there's only a small learning curve to be mastered. Once you're set up it's all plain sailing from there. Review collected by and hosted on G2.com.

Being able to create cash flow scenarios allows us to test the financials before pressing the button. Everytime we think of investing in an area of the business, Float helps us predict our future cash flow based on our ideas. Love it Review collected by and hosted on G2.com.

There's not much to dislike. Refreshing our accounting data can take a minute, but it's to be expected. Review collected by and hosted on G2.com.

Without setting budgets and monitoring our profits regularly, I'm not sure it would be as easy to maintain profitability for us. Not just month-to-month, Float gives us the foresight to make sure our business is sustainable in the near and far future. It really does provide a comprehensive financial health check. Review collected by and hosted on G2.com.

Can't find the best uses for the scenarios Review collected by and hosted on G2.com.

Being able to plan different scenarios based on future decisions Review collected by and hosted on G2.com.

It took me quite a while to work out 'budgets' - and how to apply them for potential sales/invoices, versus ones that had happened via my Xero account Review collected by and hosted on G2.com.

Simple to use, and integrates seamlessly with our accountancy platform. Review collected by and hosted on G2.com.

It was the overload of categories, however, this has recently been resolved with "grouping". Review collected by and hosted on G2.com.

Float has a good UI, very clear and uncluttered. The tool is responsive and can easily sync with our accounting software. So any updates we do in Xero is reflected into Float pretty quickly. I like the fact you can also set alternate scenarios so that you can map different cash flow forecasts. An absolute lifeline for any business that needs to keep an eye on its cash! Review collected by and hosted on G2.com.

No invoice chasing tools yet, but this is being developed at the moment. Review collected by and hosted on G2.com.