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Understanding Your Cash Runway
To help your business grow, it’s essential you understand your cash runway. But what is? And why is it so important? Read on to find out…
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Win a Digital Firm Assistance Package!
We’ve always done our best to have the backs of our customers and partners. And now is no different. We want to help as many people as we can, with what we have. That’s why we’ve teamed up with Future Firm, Xero, Karbon, Mindbride.ai, Practice Ignition, Plooto, and Ron Baker (The Soul Enterprise). The Digital […]
How the Coronavirus Business Interruption Loan Scheme works
Update: This UK government support is set to end on 31st March 2021. Some of the information below may now be out of date. The impact of COVID-19 has sent shockwaves through the economy, with thousands of businesses desperately needing help to deal with the lasting financial impact on their business. The UK government has […]
Your 6 Step Guide To Covid-19 Cash Flow Forecasting with Float
Now more than ever, cash flow forecasting is at the forefront of most finance conversations. Understanding how much cash you might have in the future is paramount to informed decision-making, especially amidst this global pandemic. We want to keep businesses in business. As a small business ourselves, we’re in a position of uncertainty as to […]
How to Combat Coronavirus Cash Flow Concerns
As the world grapples with the unprecedented spread of Coronavirus (COVID-19), small businesses are beginning to see strains on their cash flow from cancelled flights, cancelled events, social distancing and consumer panic. As of the date of publishing (19th of March), countries have taken the following actions, all of which (however necessary) have negatively impacted […]
Float Offer for Businesses Affected by COVID-19
A crucial element of running a business is thinking about and planning for the ‘What Ifs’ that inevitably arise. This could not be more relevant given the impact that the Coronavirus/Covid-19 outbreak is already having and will have on the global economy. As well as the traumatic human impact of worry, illness and even death, […]
Budgets Can Now Increase or Decrease by Percentage 🥳
We’re excited to announce a new feature hot off the presses! You can now create percentage increases and decreases on your budgets in Float, as well as fixed value increases and decreases (eg. + or – $500 a month). This is something that has been requested quite frequently by our users, and we’re confident that […]
How to Give Clients More Control Over Their Business
For so long, cash flow management and forecasting has been something that is considered the remit of accountants and bookkeepers. But with the advent of Cloud-based tools, it’s become easier than ever to get to grips with forecasting your cash – even without an accounting degree. Confidence in finances Historically, the only way to build […]
How to Streamline Your Advisory Services with Simple Cash Flow
Recently, technology has come along leaps and bounds – especially in the accounting industry. And with the current economic situation due to the Coronavirus pandemic, advisory services and cash flow forecasting have never been more important. With simplified solutions to previously time-intensive and complicated tasks, technology is paving the way for a new kind of […]
Christmas, Actually
This festive period, we decided to do something a little different. We wanted something fitting, and fun, to share with our partners, customers, and friends. Maybe we won’t win any Oscars, maybe we got a few funny looks, but we made this little video for you, with love, actually. Christmas, Actually. ❤️🎄Watch this video on […]
Xerocon Panel: How Receipt Bank and Float Work Together
This year at Xerocon London, our very own CMO, Nick Cole sat down with Graeme Tennick of GT Accountancy and Nick Dent of Receipt Bank to host a panel (live!) on the Float stand all about using technology to add value to your firm and your clients! Graeme has been a long-term partner of Float […]
Say Hello to Improved Budgeting!
Ever had a payment delayed? Or a project that starts a month later than originally planned? In Float, this often means updating your budgets to reflect this new reality. For a lot of people using Float, this was making the task of keeping their forecast up to date a time-consuming process. Updates made easy We’ve […]
Float are a Founding App Partner of App Advisory Plus
Float recently joined forces with App Advisory Plus and became a Founding App Partner of the platform! We could not be more thrilled to be part of such an exciting platform that aims to help accountants and bookkeepers to support their clients to run better, more efficient, and profitable businesses! Why App Advisory Plus? […]
Webinar: Speaking your Clients’ Language!
The market is inundated with new apps being launched every single day. Apps to make your life as an accountant or bookkeeper easier. Apps to streamline your workflow, or your clients’. Apps that will walk your dog and… well, maybe not just yet. But with over 700 apps on the Xero Marketplace alone, it can […]
The New Way to Log into Float with Xero’s Single Sign-On
We’re thrilled to be able to offer our new and existing users the ability to sign into Float using Xero’s single sign-on feature! Announced at Xerocon Brisbane 2019 by GM of the Xero Ecosystem, Nick Houldsworth, this new streamlined way to connect your Xero account to Float will save you time whilst keeping still keeping […]
Business Snapshot: Xero’s New Cash Flow Pilot
Back in 2019, on the first day of Xerocon Brisbane, Chief Product & Partner Officer and all-round Xero rockstar, Anna Curzon, announced the arrival of Xero’s new cash flow pilot. Now, Business Snapshot has officially launched and offers Xero users “a dashboard-style report displaying performance measures to help you understand your organisation’s financial position”. This […]
How to Add A New Revenue Stream to Your Accounting Firm with Float
One of the most common reasons that business owners switch accounting firms is to seek more proactive financial advice. Float is an app that enables you to provide that proactive advice. But how exactly does it help you add a new revenue stream to your accounting firm? Business owners want to do more business Xero found […]
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 […]
How to Become a ‘Trusted Advisor’
The world of accounting is changing. Advisory services are becoming more valuable than ever and business owners are looking for an accountant to be a trusted advisor, as opposed to simply providing compliance work. In fact, recent Xero research confirmed that firms offering more than traditional compliance work are making significantly more profit […]
How to Do Scenario Planning with Float
Scenario planning is a huge part of business planning. Understanding the cash impact of different decisions is vital to making sure that your plans work out and that you achieve your goals. On the flip side, building scenarios for what could happen if you lose a client or get paid late will help you make […]
Float’s New Splitting Payment Feature!
Here at Float, we’re constantly working to improve our product and to help you to get the most out of the platform. We know that businesses don’t often pay or receive an invoice or bill in one, full payment. And that’s why we’ve introduced a new functionality to Float. Introducing: Splitting Invoices/Bills! Our newest […]
Float Wins a UK Cloud Award!
We are so unbelievably thrilled to announce that Float has won the Best Fintech Product or Service Award at the UK Cloud Awards! We couldn’t be more proud of our team, our product, and of everything that we’ve achieved over the past year. So here’s to the Float team, but especially to our wonderful […]
Float’s New Partner Dashboard!
At Float, we know how important it is for your clients to be in a good cash position. So we spoke to some of our partners and found out more about how you work with your clients, what information is most important to you, and what you’d like to see in Float to help […]
What Value-Based Pricing Can Do For Your Firm
The rise of cloud-based financial software is making the management of business finance increasingly more efficient. Because of this, the majority of accounting firms are expanding their horizons and moving to a value-based pxricing structure. This move to value-based pricing is designed to reflect the worth of the services now being offered to clients […]
How to Price Float For Your Clients
Deciding how to build app advisory into your services can be a real struggle. Finding a price point and format that works for both you and your clients involves striking a delicate balance.We’ve spoken with our partner accounting and bookkeeping firms, and these are ways our current partners are charging for Float: 1. Include […]
The Power Of Combining Apps To Maximise Success For Your Business
In the UK, 50,000 small businesses fail each year due to cash flow management issues with 52% of invoices being paid late, according to Xero’s ‘Getting Paid in full and on time’ report. Delayed payments and poor forecasting are crippling small businesses around the world. However, SMBs that use Cloud technologies grew 26% faster and […]
How Making Tax Digital is Pushing Accounting Firms into the Digital Age
Making Tax Digital (MTD) is just around the corner, and many accounting firms are at the tail-end of completing the move to online tax management.xe Whilst MTD for VAT may be compulsory for UK firms, businesses, and individuals with earnings over £85,000, it’s also pushing firms to dive into a world of digital that can […]