In this article, we’ll look at what Float Cash Flow is, as well as 4 alternatives for small businesses looking to do cash flow forecasting.
What is Float Cash Flow?
Float cash flow is cash flow forecasting and scenario planning software targeted to businesses, accountants, and bookkeepers. Float was to designed to save time and help business determine how much cash they’re going to have in the future and make better decisions.
Some key features include:
- 3 year future cash flow forecast
- Ability to test scenarios
- Weekly cash summary
- Export forecast to CSV & PDF
- Budgeting/Budget vs actual reporting
- Cash flow management (Manage invoice & bills)
- Email support
Float Cash Flow integrates with Xero, QuickBooks online and FreeAgent
How much does Float Cash Flow cost?
USD $ 59-249 per month/per business
Float offers 3 pricing plans: Essential, Premium and Enterprise. You have the option to be billed monthly or annually for a discount.
What training & support does Float Cash Flow offer?
Under the Essential plan Float offers an initial set-up call with a Float cash flow expert, email support, and access to their support site and tutorials.
The Premium plan adds the option for a quarterly review call with a Float cash flow expert.
While the Essential plan adds a dedicated account manager, and a monthly review of your forecast with a Float cash flow expert.
4 Float Cash Flow alternatives for small businesses
1. Helm cash flow forecasting
Designed by accountants and small business advisors, Helm lets you see your future cash position in real-time, so you can make confident business decisions without wasting hours in spreadsheets.
Some key features include:
Provides 1-month, 3-month, 6-month and 12-month forecasting with various viewing options
Let’s you test unlimited scenarios side-by-side
Analyses the historic transaction data of each contact to predict how you will be paid in the future
Financial health dashboard with key business and cash flow metrics
Manage accounts payable and receivable
Drag and drop visual interface for quick, easy collaboration
Ability to execute your payment plans directly from Helm through Veem
Helm integrates with: QuickBooks Online, Xero, Sage and Veem.
How much does Helm cost?
USD $ 32-49 per month/per business
2. Dryrun
Dryrun provides an automated, cloud-based solution for cash management, financial modeling, and business forecasts.
Some key features include:
Unlimited forecasts & scenarios
Auto forecast capability
Consolidate scenarios
Weekly action reports
Live currency conversion
Dryrun integrates with: QuickBooks Online, Xero, QuickBooks Desktop, Sage Accounting, and Pipedrive
How much does Dryrun Cost?
USD $ 200-400 per month/ per business
3. QuickBooks online cash flow forecasting
QuickBooks Online offers a built-in cash flow tool free to their users. For QBO users and newcomers to cash flow management it acts as a great starting point.
Check out our guide on how to use QBO’s cash flow tool.
Some key features include:
Creates forecasts for up to the next 12 months
Lets you view all your upcoming transactions
Includes basic scenario planning
Included with subscription to QBO
How much does QuickBooks Online’s tool cost?
Included with your subscription to QuickBooks online.
4. Xero cash flow forecasting
Are you a Xero user looking for a simple forecasting tool? Xero’s built in tool can be a great starting place. Best of all it comes free with all levels of your Xero subscription!
Check out our guide on how to use Xero’s cash flow tool.
Some key features include:
Offers simple 7-day and 30-day cash flow reporting
Allows yo to see upcoming invoices and bills to paid and your projected cash balance
Best suited for very short term cash flow
Included with subscription to Xero
How much does Xero’s cash flow tool cost?
Included with subscription to Xero.
Looking for more Options?
Looking for more options? Check out our list of the 10 best cash flow apps for small business.
If you’d like to see if Helm is right for your business book a discovery call or learn more here.
Until next time!
