Float Cash Flow Features

Float Cash Flow

Real-time cash flow forecasting for Xero, FreeAgent and QBO

4.77/5 (66 reviews)

Competitor Feature Comparison

"What If" Scenarios
API
Accounting Integration
Activity Dashboard
Ad hoc Analysis
Budgeting/Forecasting
Cash Flow Management
Cash Management
Chart of accounts
Collaboration Tools
Dashboard Creation
Data Import/Export
Data Visualization
Drag & Drop
Financial Analysis
Financial Management
Forecasting
Goal Setting / Tracking
Multi-Company
Multi-Currency
Performance Metrics
Planning Tools
Projections
QuickBooks Integration
Real Time Data
Reporting/Analytics
Sales Forecasting
Scenario Planning
Strategic Planning
Third Party Integrations
Visual Analytics
Learn moreCompare App
"What If" Scenarios
API
Accounting Integration
Activity Dashboard
Ad hoc Analysis
Budgeting/Forecasting
Cash Flow Management
Cash Management
Chart of accounts
Collaboration Tools
Dashboard Creation
Data Import/Export
Data Visualization
Drag & Drop
Financial Analysis
Financial Management
Forecasting
Goal Setting / Tracking
Multi-Company
Multi-Currency
Performance Metrics
Planning Tools
Projections
QuickBooks Integration
Real Time Data
Reporting/Analytics
Sales Forecasting
Scenario Planning
Strategic Planning
Third Party Integrations
Visual Analytics
Visit WebsiteCompare App
"What If" Scenarios
API
Accounting Integration
Activity Dashboard
Ad hoc Analysis
Budgeting/Forecasting
Cash Flow Management
Cash Management
Chart of accounts
Collaboration Tools
Dashboard Creation
Data Import/Export
Data Visualization
Drag & Drop
Financial Analysis
Financial Management
Forecasting
Goal Setting / Tracking
Multi-Company
Multi-Currency
Performance Metrics
Planning Tools
Projections
QuickBooks Integration
Real Time Data
Reporting/Analytics
Sales Forecasting
Scenario Planning
Strategic Planning
Third Party Integrations
Visual Analytics
Visit WebsiteCompare App

Float Cash Flow Feature Reviews

25 reviewers had the following to say about Float Cash Flow's features:

Ryan P.

Excellent Cash Forecasting Tool

2019-08-22

Very good. The interface is generally easy to understand.

Pros

This allows us to see our cash flow forecasting move as soon as an invoice or bill is entered

Cons

Its a bit expensive but cheaper than the time needed to calculate manually.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Marisa Z.

Simple and Task-Specific

2018-08-30

Pros

Float focuses more on budget management and financial reporting.

Cons

Supports one type of currency only.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Sandeep K.

Great tool for simple cash flow management, and even better to get rid of manual Excel tracking!

2018-05-02

Better cash flow overview, minimizes the need for Excel.

Pros

The invoices due and bills to pay reports are an easy way to access overdue bills and invoices without clicking through the accounting system.

Cons

The product would be infinitely better if it supported multi-currency accounts, especially with more businesses holding more than 1 currency. Currently, details on cash is based on GL accounts.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
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Joanne B.

Excellent

2018-07-31

Pros

Easy to use, you don't need to be an account!

Cons

Float doesn't sync back the changes that you make to billing and invoice payment dates to Xero.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Caroline H.

A really effective solution to assist businesses manage cashflow

2020-02-03

Overall, I think Float is an excellent tool for cashflow forecasting and scenario planning. It is easy to use and understand and the support available from the team at Float is excellent.

Pros

The integrations with accounting software such as Xero ensures it is kept up to date and makes cashflow planning a relatively quick and a regular task - which is key to managing finances.

Cons

It would be useful to have a multi currency feature

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Heather P.

Game Changing Cash Flow Forecasting Software

2020-06-09

This has been a game changer in our practice, we can give daily, cash flow reporting updates to our clients during this Covid 19 Crisis.

Pros

I like how Float integrates seamlessly with Xero Accounting Software.

Cons

I dont have any dislikes at the moment with the software

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Allison B.

Makes cash flow easier

2020-01-23

We have quickly achieved real visibility of our cashflow, linked to Xero and bank feeds it's real-time, so no more spreadsheets.

Pros

Integrates with Xero so its much simpler than trying to capture numbers in a separate spreadsheet.

Cons

I found the set up of the categories a bit fiddly but I don't really use accounting software so perhaps that's an unfair comment.

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
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Adam H.

Big time and money saver - Daily cashflow particularly useful

2019-05-07

We use Float every day and is the best Cash Flow software we tried when evaluating - it gets slow but regular updates and the support team are relatively responsive. It's not cheap but we feel the ROI is completely worth it.

Pros

Works great for short to medium term cashflow management and the integration with both Xero and FreeAgent is good.

Cons

Takes a bit of management and doesn't always do everything you want - not so useful for long term cashflow projections but has become an invaluable tool for us.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Geoff P.

First time using Cash Flow Forecasting

2020-05-08

With float downloading data directly from Quick Book that as also helped me to find mistakes which have been made in my accounts We have now spent a number of hours just updating our records in Quick Book which makes that set of records even better.

Pros

The integration with Quick Books on line is very useful

Cons

The promo information says you can have this up and running within the day, which maybe you can but I don't think that I would want to reply on its data. It takes time to check the data is correct and even the if the correct information is recorded within Quick Books in the correct place.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Bronwyn P.

Super Easy Forecasting!!

2020-10-04

Great support from the Float Team, and regular training is on hand, but I found it so easy to use just by watching the intro tutorials.

Pros

Real time integration with Xero, allowing for super fast income forecasting, and multiple scenarios that can be modelled quickly & easily.

Cons

Haven't found anything not to like yet (& I don't think I will)

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Rosangela R.

"Floating" with Float

2018-05-04

Pros

Its very simple to understand, very friendly. It welcomes non financial users to use it. I've been using it for a couple of months and I feel very happy with it.

Cons

It wont let you handle more than one currency. It does not send alerts for expired invoices only for software updates.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Ben W.

Game Changer

2020-02-10

Pros

This piece of software has given me confidence in my cash flow management and allows me to see exactly what different decision will do for my business.

Cons

This would be a handy feature for future updates

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
John O.

Review of Float cashflow forecasting

2019-12-10

Cash flow reporting is more timely and accurate as is cashflow forecasting

Pros

Good layout, good features, simple to understand layout, flexible

Cons

Not able to enter formulas or percentage calculations when entering budget figures

Rating breakdown

Ease of use
Features

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Financial Services company, 10001+ employees)

Simple software with amazing features

2018-08-28

Pros

Float can also integrate well with QuickBook and Xero, another accounting software my team and I use.

Cons

The inability to use more than one type of currency is a difficulty most of the times.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Chris J.

Better than sliced bread .....

2018-11-30

Float gives us the ability to plan and tweak cashflow projections instantly and accurately with access to current and historical data seamlessly through the Xero integration.

Pros

Simplicity, functionality, Xero integration.

Cons

The nightmares it gives me over the years I spent trying to maintain cashflow data on cumbersome excel spreadsheets that were already out of date by the time I had updated them :(

Rating breakdown

Ease of use
Features

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Marketing and Advertising company, myself only employees)

This is one of the most useful tools we have

2020-06-30

It allows me to make decisions and also with the scenarios feature being able to model various scenarios and the impact on cash flow is incredibly powerful.

Pros

Once everything is synced up with your accounting software, Float gives a really quick and easy cash flow forecast when we need it.

Cons

It's also a little frustrating being limited on editing the expense categories

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Katia K.

Float is brilliant... but could be better

2020-10-07

Float has made the management of cashflow significantly easier and smoother than a spreadsheet!

Pros

I love how easily Float links in with the other software I use, it also makes looking at different scenarios with comparisons easy.

Cons

Also, it would be really helpful to have a function that shows your current balance less bills that are due, the current display shows the balance at the start of the day with bills that have been paid as still showing due.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Nadia B.

Great and easy cash flow tool

2021-06-04

This tool has helped us to keep on track of our cash flow and took good decisions for the coming months.

Pros

I really like integration between Float and Xero accounting tool, updates are reflected immediately.

Cons

Even when you can have different scenarios you just are able to compare against the last month, last 3 months and last 6 months, it would be better if you can select a custom view.

Rating breakdown

Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Float


HI Benites, thank you for taking the time to leave a review of Float. We're delighted to hear Float is helping you keep track of your cash flow and make decisions for your business.

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Al A.

User Friendly

2019-11-30

I don't use this tool personally but my colleague does. it helps us predict cash flow in real time as our business grows.

Pros

Straight Forward Good Integration with Quick Books Has functionality needed from this type of tool

Cons

Can't think of any. May be price can be a bit more affordable

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Emma M.

Great cash flow forecasting tool!

2019-11-04

Having an online c/f which links to Xero has enabled me to have c/f conversations real-time with clients and run multiple scenarios.

Pros

Option of manual link-up to Xero so forecast can reflect Xero updates immediately. Ability to run multiple scenarios so clients can see the impact of making different business choices on the cashflow.

Cons

It would be useful to be able do s/s upload of scenario budgets - can currently only do for the main forecast I think.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Christine H.

Easy way to track workload

2018-12-29

Used a trial version for a month to see which task management software would work best for our small marketing team.

Pros

Took almost no time at all to start implementing it in the workplace.

Cons

While it can help you track workflow and task progression, it doesn't grant you a lot of flexibility in storing info about clients, setting due dates, etc.

Rating breakdown

Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Robert S.

Float

2018-10-20

Pros

Ease of use Direct integration with accounting and bookkeeping software!

Cons

Slightly expensive for basic or start-up businesses - perhaps a reduced functionality package that's a bit more affordable?

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Ivan W.

Great software, very easy to set up & use, excellent support - could add a couple of features

2020-05-21

Pros

Easy & really helpful basis to review and amend bill/invoice dates for cashflows.

Cons

Other than charts, outputs are limited to CSV files so not that easy/quick to manipulate offline, and have to do all your own formulas & formatting, etc.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Steven M.

Cash Flow for Everyday People

2019-09-23

Easy to use, easy to setup and like the fact that you can readily track where the figures come from in xero.

Pros

User friendly and easy to understand.

Cons

Needs to integrate with myob, as this accounting platform is still used by a lot of larger construction companies who need cash flow advice.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Mark C.

A real game-changer

2020-05-09

This is so vital during this crisis (Covid-19) that I can forecast our business health, and it will be a vital part of our toolkit in future as well

Pros

It seamlessly integrates with Xero to give me all the data at a glance

Cons

There was nothing I didn't like about the software

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more