Float

OVERVIEW

Float is a cash flow forecasting tool for small and growing businesses that keep their books in Xero or QuickBooks Online. It reads your bank balances, invoices, bills and transactions and turns them into a rolling forecast. You can switch between weekly, 13-week and monthly views, and add what-if scenarios such as a new hire. It is a forecasting tool rather than an agent: it suggests recurring costs, budgets and expected payment dates, but you decide what goes into the forecast. Float is based in Edinburgh and has been running since 2012.

The sync is one way. Float pulls data from your accounting software once a day, or when you ask, and does not write anything back. That makes it low risk to try, but the forecast is only as good as your bookkeeping, so reconcile your bank and keep invoices and bills current first. Some reviewers say Float keeps only a short run of past data and that the price rises as the business grows. The 14-day trial is long enough to compare its 13-week view with the forecast you use today.

What the workflow does

• Rolling cash flow forecast: Builds a forecast from reconciled bank balances, invoices, bills and bank transactions synced from your accounting software.
• Weekly, 13-week and monthly views: Uses the 13-week view for day-to-day cash decisions and the monthly view for longer planning; forecast length depends on the plan.
• What-if scenarios: Toggles income and costs on or off and models cases such as a new hire on top of the base forecast.
• Suggested recurring costs: Spots recurring costs in your transaction history and suggests them for you to confirm.
• Auto-budgets and expected payment dates: Builds budgets from 3, 6 or 12 months of actuals and adjusts expected invoice payment dates from each customer's payment history.
• Sharing and roles: Gives people Admin, Editor or Viewer access, with comments on budget lines, invoices and bills, and CSV or PDF export.

FROM INPUT TO RESULT

How the workflow works

1. 1

   Start the trial, connect Xero or QuickBooks Online and let Float build the first forecast.

2. 2

   Confirm suggested recurring costs, check expected payment dates and add known future items.

3. 3

   Compare the 13-week view with your current forecast, then build one or two what-if scenarios.

WHAT IT OFFERS

Key features

• Rolling cash flow forecast

  Builds a forecast from reconciled bank balances, invoices, bills and bank transactions synced from your accounting software.

• Weekly, 13-week and monthly views

  Uses the 13-week view for day-to-day cash decisions and the monthly view for longer planning; forecast length depends on the plan.

• What-if scenarios

  Toggles income and costs on or off and models cases such as a new hire on top of the base forecast.

• Suggested recurring costs

  Spots recurring costs in your transaction history and suggests them for you to confirm.

• Auto-budgets and expected payment dates

  Builds budgets from 3, 6 or 12 months of actuals and adjusts expected invoice payment dates from each customer's payment history.

• Sharing and roles

  Gives people Admin, Editor or Viewer access, with comments on budget lines, invoices and bills, and CSV or PDF export.

IS IT A GOOD FIT?

Who it’s for

CONNECTED TOOLS

Integrations

Listed tools for this workflow. Confirm current support and setup with the provider.