Featured software: Float

The biggest cliché in the finance industry is “Cash is King”, but cliché or not, there has never been a truer word spoken.

Too often in our time have we seen businesses not fulfil their potential, because of the restriction that their cashflow brings, so much so, that it can even dictate whether a business survives or not.  Also, at the other end of the scale, managing your cash flow is so important at a time of growth, so you can ascertain the points in which the business may need an injection of funds to support the anticipated growth.

Historically, business owners would always try and create an elaborate spreadsheet in order to forecast their cash position, only to come up with problem after problem, with formulas not working, cells being deleted, and the dreaded circular reference!

Thankfully, a modern solution has been created.  There are plenty of different software out there that have attempted to simplify the cash flow forecast process, but none have done is as slick and effectively as Float in our opinion.

Starting at £39 per month, Float is a fully comprehensive cashflow forecasting tool, that links to your Xero or Quickbooks online accounting system, projects the cash position of your business based on the due dates of sales and purchase invoices, as well as any manually adjustments you would like to allow for.

Where Float really justifies it’s price tag though, is when you start manipulating the forecast based on a variety of scenarios.  For example, ever wondered what impact it would have on your cash flow if you lost just 5% of your turnover, or how long your business could survive if no sales came in. Well, Float can give you all these answers.

There is so much more Float could do for you and your business, so why not get in touch with one of our team to see how we can help implement it into your business, get in touch at This email address is being protected from spambots. You need JavaScript enabled to view it..

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