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Float allows us to accelerate growth by forecasting our cash flow
January 08, 2019

Float allows us to accelerate growth by forecasting our cash flow

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Float

Float is being used by myself and my Director of Operations. We both use the service to forecast out our cash flow. Depending on the numbers we see we allocate more to each department across the organization to spend more in order to grow faster. This is a crucial service for us as we are trying to maximize our growth by spending as much as possible.
  • Cash flow management.
  • Forecasting out how much you can spend.
  • Quickbooks integration.
  • Quickbooks integration could be improved to automatically include recurring transactions.
  • Pricing is a little steep for smaller businesses.
  • We've had a positive ROI since we're able to take bigger risks now that we understand how much cash will be in our account on what day.
  • We are able to make adjustments to our contractors and services to grow our business faster.
Float is great for a startup/small (< 20 employee companies) that have limited resources for keeping an eye on cash flow. Yes, you could hire a contractor CFO, but it would simply be less expensive to use Float and educate yourself a bit about cash flow. For larger companies I feel like you would have a dedicated financial controller or CFO that may already have tools they are familiar with, but this service might also still be useful.