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All posts by Colin Hewitt
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How to Choose A New Accountant for Your Business
At Float, we work with some of the best accountants in the world. But not every accountant is right for every business. And it can be hard to know where to start when figuring out how to choose an accountant. And choosing an accountant is like hiring a new employee. You’re looking for the […]
The Future of Accounting: Will it Still Exist in 2040? [Part 2]
Which Accountancy Firms Will Survive? In the first part of this article we looked at why I believe there is still a role for accountants and accountancy firms in the future. In this part – I’m offering a prediction for which firms will thrive and which ones will likely struggle to survive the inevitable […]
The Future of Accounting: Will it Still Exist in 2040? [Part 1]
With the imminent rise of artificial intelligence, a wide variety of professions will be at risk of becoming obsolete within the next 20 years. With this in mind, many business owners and number crunchers alike are asking themselves, “what is the future of accounting?” The robots are coming Let’s be honest, accountants have a […]
How it feels getting your startup to breakeven
I’m terrible at marking milestones. As soon as I hit one, I’m on to the next, so they drift by, uncelebrated into the distance, while the next, more pressing, challenge comes into focus. That said, I’d like to take a moment to acknowledge a milestone we’re just about to hit at Float. Hitting “cash flow […]
Financial Mistakes To Avoid In Your First Business
After spending months thinking about it, you finally decided to quit your 9-5 job and start your very first business. You think that this will be a win-win situation for you because you get to do what you love and be your own boss. That enthusiasm is a great start, but do you know how […]
Float Wins Best Forecasting App at the Software Excellence Awards!
We are ecstatic to have won the coveted Forecasting, Planning & Analysis award at the 2017 AccountingWEB Software Excellence Awards on October 19th! Hosted at The Brewery in London, these prestigious awards recognise the best of the best in accounting technology. We shared our category with some fantastic software providers such as Microsoft, Spotlight, Fathom […]
How to Do Better Cash Flow Forecasting
Review your cash flow forecast regularly Some companies will only look at a cash flow forecast when they are doing their annual business plan, or looking for funding, or if they’ve hit a rocky patch. But if you only ever look at your cash situation when you think you need cash, you’re probably not running […]
Check Out The All New Float!
Sometimes as a company it’s frustrating not to be able to solve everyone’s problems 100% of the time. But there are also moments when we’re immensely proud of what we’re building as a team and excited about what it means for our customers. Over the past year we’ve been rebuilding Float from the ground up. […]
A New Year, New Outlook For Your Business
I was catching up with a friend over the holidays who was telling me about one of his friends getting made redundant from a small family business just before Christmas. The basic premise of the story was that the bank had told them they needed to make cutbacks, and as part of this they had […]
Float Doesn’t Integrate with My Accounting Software
If you’ve come to this page it looks like you have an accounting package that we don’t (yet) integrate with. At the moment, we only integrate with Xero, QuickBooks Online (QBO) and FreeAgent. Which accounting software do you use? Here’s some further information that you might find useful: Why Move Your Accounting to the Cloud? There’s […]
How Perceptions Of Accountants Are Changing
There’s no doubt about it, things are changing in the accounting world. Xerocon London 2015 served as a wake-up call for me. I had no idea the movement was so alive and thriving. Each day was buzzing with a mixture of accountants, add-on partners and Xero employees, all extending friendly hellos or offering demos of […]
Xerocon London 2015
It’s almost time for Xerocon! The whole Float team are packing up our Scottish office and decamping to London for Xerocon this week. Startup style – we’ve booked a house on airbnb and we’re looking forward to some team building, hangouts and having some fun. Every time we’ve gone to a Xero event, we’ve […]
First Impressions At Xerocon
The dust has now settled on Xerocon 2014 in Sydney and having recovered from the jet lag, I thought now would be a good time to reflect on and share my first impressions and experience of an accountancy conference. It was a conference unlike any conference I’ve ever been to and in this post, I […]
What Business Owners Really Want
There are a lot of things in life that we don’t fully understand. Technology, for example, can seem shrouded in mystery – “it just works” is a phrase that Steve Jobs would often joyfully remark. If only it were like that with business. If only business models just worked! Finding and keeping great people, communicating […]
Xerocon – The Best New Kid In Town…
Wow! We’ve had an incredible, whirlwind couple of days here in (not so sunny) Sydney. Since arriving at Xerocon last week, we’ve had the warmest of receptions from everyone at Xero and the awesome community they’ve worked so hard to build together with accountants, bookkeepers and add-ons here in Australasia. And what a surprise it […]
Float Welcomes the WOW Company
Float, the cash flow add-on for accounting software Xero, has welcomed The Wow Company to its list of partners. The Wow Company is one of the leading national accounting firms for small and medium-sized enterprises. It is passionate about using technology to make it easy to manage wealth and business finances, which is why The Wow […]
Squarespace Integrates With Xero!
Xero has been on an adventurous journey the last few years, from a small(ish), New Zealand-based startup to an established accounting software company with the potential to take over the world. Their growth is impressive and there are new integrations appearing all the time which will make accounting easier for business owners everywhere. They’ve just […]
Should You Rely On Excel For Your Cash Flow?
Who doesn’t love a good spreadsheet? At Float, we are big fans of Excel and spreadsheets, and we wouldn’t want to be without them – but that doesn’t mean they are the right tool for every job. This is particularly true when it comes to managing your cash, which is key to every business: available […]
Xerocon London 2013
We are just back from our first Xerocon in London – and we are impressed! It really was a great conference, attended by more than 450 delegates and 22 exhibitors. It was great to meet and share stories with other fantastic add-on partners like Fathom, Vend, Deputy and ReceiptBank who are playing a significant […]
Is Your Small Business Too Busy For Strategy?
As the busy owners of small businesses, it’s easy for the months, weeks and even years to slip by without us noticing. Our businesses may continue to run, and everything may seem fine, but are we really on course for where we want to be in the next few months, or years? It is important […]
7 Tips To Getting Started With Cash Flow Forecasting
Nobody starts a business for the thrill of managing their books, and chasing people for money. Still, every small business struggles with cash flow from time to time. Below are seven pointers to help with getting your business finances in shape – and hopefully you’ll ride the waves gracefully and get to focus on the […]
Why We Are Into Cash Flow Forecasting
There are a lot of clichés in business. “Cash is King!” – we hear this all the time. ”There is a a big difference between Profit and Cash” – another statement that business commentators love to bestow on to new business owners. Lots has been written on the subject of profit vs cash, so I […]