Product Update: Move Your Budgets From Scenario To Forecast
At Float we’re obsessed with making your life easier. So when some of our customers mentioned a small tweak to budgets that could make a big difference to their cash flow forecasting, we sprang into action.
Scenario planning has always been a favourite feature of Float users. It’s great for examining the ‘what-ifs’ around important business decisions. We realised that when you add a new budget to a scenario, you may actually want to follow through with that plan and add it to your real or ‘base’ cash flow forecast. So we sprinkled a little bit of developer magic and made it happen.
Picture the scene. You’ve created a new budget on your scenario layer, instead of in your base cash flow forecast. Let’s say you want to make a budget for taking on a new employee, but you aren’t 100% committed yet. Then, further down the line, you decide to proceed with your plans and you want your base cash flow forecast to accurately reflect this.
At the click of a button, you can move that budget right into your base scenario and your forecast will update accordingly. In fact, now you can move any of your budgets between any of your scenarios. Nice.
Benefits of moving a budget:
- Minimise errors by working with the same budget, no more deleting and re-creating
- Quickly reflect changing circumstances around coronavirus, such as access to new government loans
- Save time by keeping your scenarios and base forecast accurate and up to date
We hope you love this update as much as we do. As always, we welcome feedback on Float so we can keep making it better and better, and you can continue to up your cash flow forecasting game.
Oh and in case you missed it, we recently updated our scenario planning feature so you can duplicate existing cash flow scenarios too.
Happy forecasting! If you’re an existing Float user log in here to find out how budgeting just got even better.
Or you can sign up for a free Float trial today 🎉