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Float

Started by Xero API -   in Add-on Reviews |Reporting

4.6 out of 5 stars
 
Based on 88 user ratings
If you are a user of Xero and Float, tell us how you are getting on and your experience so far. Any tips?

About Float


Simple cash flow forecasting and budgeting in the cloud. Syncs with Xero so your forecast is up to date in seconds. For more information, check out Float.

Tip

Remember if you have questions or need assistance with Float, this is not the best place to ask - this forum is for reviews and feedback only.

For general support, visit Float help or check here for more information on connecting Float to Xero.

Float is a great cash flow tool to use in conjunction with Xero. It removes hours of work compared to exporting data and working with spreadsheets.

Highly recommended!
 

John Harbisher  

I am enjoying Float - a really easy way to keep track of cash flow and performance against budgets. Can't wait for you to get the integration with the payroll functionality in Xero fixed as we use this so have incomplete data at the moment.
 

Pauline Bullock  

The visual impact of Float complements Xero's "beautiful" interface. As a renewable energy company, we have VERY lumpy cashflow because the material component of our orders is so high. We need to be constantly aware of anticipated payments in and out, and where our bank balance is likely to be.
Our board, accountants and bank all love the Float interface which provides clarity and confidence for the future.
The Float team are agile, responsive and eager to please. This is fast becoming the killer app that will further separate Xero from the also-rans.
 

Carl Benfield  

Really finding this add on useful to get more visibility of cashflow for the next 12 months.

The integration with Xero makes it light up in a way that excel spreadsheets cant.

Still early days for float and I can see it getting better and better.
 

Andrew Moore  

It's a nice UI/UX and graphically it works well. But it is quite buggy, the website help is inaccurate and lacking/not up to date, it's very slow and some key functions simply don't work. It's not a production ready piece of software in my view nice though it is it certainly isn't a piece of software I would pay £15.00 a month for - a lot more work to be done on it.
 

Scott Davies  

I really rate Float. Very useful tool and nice interface. Superb customer support too. Keep up the great work, guys.
 

Ronan Carter  

Float is a good tool for cashflow management, backed by a helpful team.
 

Daniel Winterstein  

Congratulations on winning Xero's Emerging Add-On Partner of the Year - well-deserved. float is a great tool, easy to use, saves heaps of time and provides a really great visual cash flow graph that our board finds easy to follow - a picture speaks a thousand words in 1 second. I can't believe that I'm saying this, but float is my favourite piece of accounting software!
 

Gayna Ryan  

We have found float to be an excellent addition to using Xero. It helps us with our cashflow projections and as we are rapidly growing business it helps us predict for the future. I would recommend you at least take them up on trialling for free to see if it can help you, you really having nothing to lose doing this.
 

Chris Martin  

I really like to use Float as cashflow tool and introduction to forecasting for clients. It has plenty of functions, is laid out well and is not overwhelming for new users. The program can be crushed if trying to import thousands of transactions...but that scale is better lent to a more heavy duty application.

There are constant improvements, which is always great, they are very attentive to feedback. New features like the daily cash flow are the best I have found for working with businesses in a cash flow crisis.
 

Avery Dorland  

Using Float has added an entirely new dimension to our advice offer as a picture says a thousand words. Having the ability to visually show clients where they are heading financially has given us the opportunity to have real conversations with clients and has enabled us to address issues several months in advance.

Using the program with clients has also created additional advice opportunities for those who have surplus cash flow as it leads to a conversation of what will be the best way to use any surplus cash flow to improve their financial position.

I'd also like to publicly acknowledge the development team. Not only have they actively sought feedback and constructive criticism, they have actually listened and acted on it. The ability to import budgets from Xero straight into float has saved me hours is a great example of this. Keep up the great work.
 

Jason Belcher  

I have just started using Float in the past month, but I wish I had been using it for the 15 years I've been running my business. The ability to project cash-flow and identify shortfalls has never been easier. The scenario feature is amazing for assessing the value of potential projects and sales targets. I'd recommend Float to anyone!
 

Chris Davies  

Float effectively solves the problems I was having forecasting cashflow with Xero, and in an elegant way. The support and customer service is superb, too.
 

Simon Broad  

We have recently been using Float to help our clients manage their cash flow forecasting. The interface with Xero and easy to use website has made it simple for our clients to learn how to use the software. They are now feeling more in control of their finances and able to plan ahead.
 

Carol Lewis  

I wish I could have used this years ago. It allows for peace of mind when numerous large projects are operating simultaneously. Highly recommended.
 

Daniel Spiller  

Float is the app that turns Xero from being a powerful financial recording tool into a dynamic business satnav! It makes helps me design the next 6-18 months of effort, test various strategies, and allows me to see the impact of the decisions I make today. Talk about the power of feedback loops!
 

Andrew Kidd  

I've come from .xls forecasting in a retail business with a sub £2m turnover.
Float is painfully and prohibitively simple. That alone would be enough to stop me using it, but on top of that it's very buggy. Screens won't load and I find myself staring at the loading icon and getting very frustrated.

Bugs aside, if you're looking for a basic cashflow for a simple business where you don't need to break down costs, this isn't too bad.
 

T H  

Hi T H,

Our focus with Float is to make cash flow forecasting simple and accessible to business owners, so we recognise that it won't be for everyone.

That said, we’ve recently pushed a few major improvements to the app, and we’re making weekly updates right now.

We'd love to hear from you directly, to help out with any bugs you’ve experienced. You can reach us at support@floatapp.com or via the in-app help button.

The Float Team
 

Anoop Joshi  

Float rocks.
Float is a simple tool we use to enable daily steering of our business in terms of investments, purchases and fixed operational costs based on figures - both actual and expected (entered ourselves) - and all automatically imported from Xero. No manual transfer of figures, no clunky export/import processes.

It requires some tweaking to make it work the way you want it to, but removes the complication of administering (multiple) spreadsheets to do the same and is therefore well worth it.

Float is visual, easy to use and accessible to anyone in the organisation. As with any solution it has its' limitations, but no doubt these will be worked on towards the future. Enjoy it for what it can do and do well.
 

Jon Tarry  

Float solves many Issues and reduces work Load and errors. I enjoy working with Float.
It Basically Rocks.
 

Mwihaki Ndungu  

WE've been forcasting with .xls for years and i knew there would have to be a better way so after we migrated to Xero i went looking and reviewd a few optoins and was really pleased with Float. We've been using it now for 6 months and i've learnt to trust it and that's something i could never do with .xls forecasting.
 

Darian Byrne  

We use Float for managing our clients' Cash Flow with a high level of precision and confidence. Cash is king and Float supports our day to day decisions.

We have been using it for more than a year now and bugs have been resolved. The integration with Xero is straight forward. We are hoping more features for reporting purposes.
 

Paul Mussault  


UPDATE: 6th Feb 2016:
Unfortunately after about 9 months there is still no sign of Float being able to automatically calculate VAT/GST - it is pain having to work it out by hand and then input. Especially frustrating that all the information is in XERO. I am therefore reducing to 2 stars (from 4). Hopefully they will address this soon.


I really like this product and it saves a lot of time compared to spreadsheets. It really needs the ability to add VAT returns automatically though, rather than by hand. Do that and it gets 5 stars. I have asked them and it is on their product roadmap so fingers crossed.
 

Zahid Malik  

very happy with floatapp, i use it to check my budget and cashflow daily without having to ask accounts what invoices are due.
 

Zach Reid  

We have been using Float now for about 6 months. It has been easy to learn the basics. The integration with Xero is excellent. The forecasting part of the app is great as it is easy to update and do scenario based planning. It would be good to have a few more reporting options and an ability to go out beyond 15 months.
 

Phil Shettig  

I've been looking for decent cash flow software for years - finally found it! I go through phases of not looking at cash flow and then looking in detail. The sync with Xero means it is always quick to bring the cash flow up to date.
 

Paul Massey  

We are a startup and I was using Xero for accounting and Excel for budgeting. It was such a pain to update Excel with my actuals. Float is a very nice tool that links budgets and actuals. We use it all the time.
 

Paul Hoff  

Its a great tool and been a very very useful addition to xero.

However, its very slow which makes it difficult to do "What if Scenarios" quickly. If they can improve the performance of it without compromising security then they are onto a winner!
 

Dean Sadler  

Want to know about Float? It's a simple app that shows you what's coming in and what's going out. You know where you are with your money. It also allows you to plan scenarios and to see your big dreams in terms of cash - see your business in easy to understand graphs - in terms of cold, hard cashola!
 

Caroline Connor  

Fantastic product - really helped our visibility into our future investments.

The customer support is also excellent.

There were are few bugs on initial use - now fixed. Automated VAT returns are a must.
 

Matthew Brooke-Smith  

We've been using Float now for about a two months after doing all our cash flow forecasting on pen & paper (if we did it at all). Float brings a whole new set of management tools to our services business, and really helps us get granular about our cash flows. We have found the Float team to be very responsive, the product is very well designed, and the integrated 'help' is a phenomenal feature. New feature / product requests are also welcomed with a personal response from one of the Float team. Very good experience so far!
 

James B Forester  

Great software when it works. Customer support is non responsive.

I really wish they can get the US Xero login consistently working.
 

Wanda Medina  

Hi Misty/Graham

Appreciate you taking the time to provide us with this feedback. I’d love to continue the chat we started via our in-app support channel. It appears you may be expecting to see your P&L figures in Float, which is incorrect and perhaps explains why you believe the figures are wrong. Float operates on a cash, not accruals basis, so it is the Cash Summary Report in Xero that the figures in Float will match. We’d be more than happy to arrange a call to discuss this, and any other queries you might have.

Best wishes
Anoop Joshi
Float
 

Anoop Joshi  

Great software for budgeting and monitoring cashflow. I like the ability to create several scenarios. Graphical output is great. I would like more budget input options and better handling of VAT. Direct link to Xero is great, although quite slow to update.
 

Chris Wright  

Having completed an exhaustive search of all the possible add-ons for cash flow forecasting in Xero I have returned to Float.

I think it is expensive, and does some things in a slightly clunky way but it is better than all the other apps I have tried, with the only possible exception is Vistr which does work very nicely and is free, but is quite basic and visually unappealing.

The best thing about float is that the interface looks good and is easy to use. There are some things that are frustrating, but this is probably more so just for me as I am an experienced model builder and cash flow forecaster and always think of how I would have done it.

For our clients I think the combination of pleaseing visuals and simplicity is what they need to make them engage with the application.

Therefore, considering the above I have revised my score.

Graham

 

Misty Nickells  

Outstanding cash flow add-on for xero. Gives confidence to strategic decision making with scenario forecasting, visually appealing and easy to understand, attentive cutomer service, always evolving and simple to use. Perfect for SMEs and highly recommended.
 

Peter Hall  

Float is a very pretty add-on that makes life much easier than the old way of spreadsheeting and double entry. At times it can be a little glitchy but it's acceptable for what it does at the price you pay. Definitely recommend.
 

Andrew Fisher  

We've recently started using float with Xero. The float UX puts xero to shame, its intuitive and quick to learn. I tend to leave most of the Xero work to our FD however I like the extra visibility that a quick look at Float provides.

The support team are on the ball and answered all of our initial stupid questions really quickly.

Id recommend this for any startup who are out rasing cash - helps us maintain a sharp focus on the cashflow and also build up scenario's dependant upon development and funding changes.
 

Callum Murray  

Firstly thank you for making this easy to use add-on available to all of us and the support has been great.

Malcolm X famously said, “Education is our passport to the future, for tomorrow belongs to the people who prepare for it today.” The struggle for fast growing small businesses like ours against well established corporate competitors is the threat of cash flow. Float is simply our passport to what the future holds for our business and helps us prepare for it.

All for less than a round in the pub - well my local anyway.
 

Jonnie Davis  

A great tool for any business!
I highly recommend giving Float a try, it is easy to use and integrates neatly with xero.
 

Kevin Johnston  

We've been using Float for more than 6 months now and it's become indispensable.

The ability to forecast long term cashflow and easily develop a 'what if' scenario that can be seen in a beautiful graph alongside the main cashflow projection is so helpful and really focuses the mind. Friendly team and really easy to use. Highly recommended.
 

Susan Kelly  

Simple and intuitive and really helps you get to grips with your cashflow. If you are fiddling around in a spreadsheet: stop and use this instead.
 

Keith Reed  

Really simple and looks great! This has saved so much time and stress, and as a startup this makes all the difference! Projections look great, easy to interpret and update daily! Love it.
 

Dion Oxley  

Fantastic, couldn't live without it.
 

Christopher Sainsbury  

Its beautiful, simple, and the syncing is always fast.
 

Jon Campbell  

We love Float. Literally don't know what we would do without it. Oh wait, we do know. It's called a pile of excel sheets that the team can't share effectively. Thank you Float. Thank you.
 

Isabel Lizardi  

We love float!!
 

james towning  

I love Float. Helps me manage and forecast financials for my business. Previously I was doing it in a mess of inaccurate, hard to maintain spreadsheets. Float has saved me hundreds of hours of work over the past few years and helped me gain better insight into my financials. It's so good I’ve even considered using it for my personal finances (but don't want to pay for another Xero account ;)
 

David Barnard  

I switched to Float having tried another tool for a few months. I really like Float as it saves me at least an hour a day updating our forecast. Particular things I like are Float's ability to take into account draft invoices and expense claims. I also like the scenario capability. In addition the support is excellent. Keep up the good work!
 

Steve Swindon  

Quite simply, Float has become a critical application for my business. It informs my most important decisions - I am a big fan.
 

Charles Hamlyn  

I've used Float for nearly 6 months now and find it extremely valuable in the running of my business. The user interface is easy to learn and the link to Xero is great. Float provides the essential view of the future cash flow in real time and has helped me greatly. Prior to Float I tried other products but none of them do the job as effectively and simply as Float.
 

Roger Henderson  

I use Float almost everyweek to check my businesses cashflow. Apart from Xero, there's no other tool which has transformed my understanding of my company's finances more. I wish they had a personal version!
 

James Turner  

I have been a user since the Xero beta and previously used the Free Agent version.

Whilst my usage is actually quite low, I find it an essential tool for planning our businesses cash flow, especially when planning strategic growth.

Whilst there is always room for improvement, Colin and his team are always actively developing the product and regularly listen to my feedback (and bug reports), which is usually quickly implemented.

I don't believe there is a comparable product in the market of this standard - or with this level of service.
 

Anthony Main  

Been using Float now for a good 8 months or so and liking so far. Some development opportunities that we would like, which we share with the guys at Float and they always acknowledge and engage with me on them. Couple of things that could be done to improve, such as breaking down budgets per category but they are working on that. Good job guys. G
 

Gavin Esslemont  

Float is a tool that we use regularly. It's been instrumental in our business having a much better view of our future cash projections. The helpdesk team have been brilliant and always attend to questions promptly and provide relevant answers and solutions.
 

Ian Parkes  

As a new business in a highly capital dependant and seasonal industry, Float has been invaluable as a forecasting tool; I don't think I could have got through the last 18 months without it!
 

Samantha Connew  

Float has been very useful for our business and I've found it easy to use. It's great for sharing with management as it's easy to understand and the scenarios help us plan for different business cases and manage risk.
 

Isobel Stackpool  

an indispensable tool for any start up ...
 

Stuart Davenport  

I use Float on a weekly basis to forecast our company cash flows. It is easy to use and has beautiful design. The monthly cash flow budget greatly helps our business to manage cash flows. However, the daily cash flow forecast seems to have problems sometimes and hopefully it will be sorted out moving forward. In overall I am pleased with Float and would like to recommend Float to all accounts persons.
 

Nick Ying  

Excellent app that lets me easily see cashflow based on accurate data from Xero... I don't need to manually update most of it, its great.
 

Rad Dougall  

As a small business owner I've found Float to add a huge amount of value. I log in almost every day and have been a user for almost 2 years.

I recommend it to any of my friends starting a new business. It's seamless with it's integration with Xero and is a great tool to see what actual cash you've got coming in vs expenses. It helps you project how the next few months might look and how much energy you're going to have to focus on new business and bringing that cash in.
 

Brent Buchanan  

Float is much easier than managing cashflow in a traditional spreadsheet. It keeps things simple, feeds through data from Xero accurately and its customer service team is the right balance of friendly and professional. Keep up the great work guys, love this product.
 

Geoff Leask  

Great App, easy to use.
 

Ricky Abanil  

Great app - simple, useful, elegant.
 

Christopher Paulson  

A fantastic time saving app, its integration with Xero ensures that the data is up to date to allow accurate cash flow forecasting. It is an essential tool in the management of the business.
 

Jan Moreland  

Float is fantastic app to get a precise idea of my cashflow for the next coming month and to do some simulations regarding my business.
It's very easy to use so that I save time and focus on my business while being able to report precise numbers to my investors.
 

Fabien Poulard  

Float has been really good for our business.The links from Xero to bring across both actual transactions and also budgets means that you can pull a cashflow report for as short a time period as daily for the next month; or conversely a year ahead based upon your Xero budget.Added to that, in Float you can add an extra layer on top of your Xero budget, and save various scenarios whilst you are planning ahead. I found their support is really good too. I can keep our directors completely informed, with graphs and tables, without it taking up much of my time.
 

Ken Waitt  

I have been using Float in conjunction with Xero for 6 months. It is a very useful tool and saves me loads of time creating spreadsheets and exporting data. It is developing at lot at the moment and every change I have noticed has made my experience more productive.
 

Gary Jordan  

Our accountant recommended Float as a useful tool for cash flow forecasting. We find it very user friendly and the support team are always quick to respond with any queries that I have.
 

Samantha Morley  

Great app- gives you all the data you need at a glance to protect your business from cash flow issues. Well recommended.
 

Amy Ashton  

We love this Web App add-on for Xero!. Previously we used Excel Spreadsheets to track our cash flow. It has a wonderful UI and integration with Xero is seamless and we now find our cash flow analysis is much more accurate as it's working with realtime data from Xero. Also the time to manage our cash flow has been significantly reduced which makes myself and my book keeper very happy!
 

Jason Brown  

As a growing business it's so important to keep on top of cashflow, and having tried to do this with Excel I finally came across Float. Not only does it resolve my headaches with Excel, but it's also intelligently suggests future budgets based on previous activity, which are easily edited to what you'd like.

Another fantastic feature is the ability to create different scenarios, for example, we're looking at US expansion at the moment, so I can quickly create a scenario and add in the costs we'd expect to incur, and see whether we can make it work.

Essential tool for any business!
 

Matthew Lanham  

Colin and the team at Float have developed an excellent "Add On" to Xero, Float has become an essential tool for helping to manage and scenario plan for our three business. The support is quick and always helpful. I would (and already do) recommend Float, and Xero of course.

Jonathan Webber
 

Jonathan Webber  

Great add on for Xero
 

Richard Hensman  

I use float most days. It makes it easy for businesses to keep an eye on cashflow and plan ahead by building different scenarios. Recently float helped us identify future cashflow shortage, with this information we were able to make the necessary changes and plans to avoid a tricky situation with our creditors.
 

Jared Tasker  

I have been impressed with Float. Firstly it has replaced a very complex spreadsheet which was a nightmare to keep going, secondly, the customer support has been first rate. I would thoroughly recommend Float as it provides a very visual and easy to understand interface. I would like to see a bit more 'training' available, videos or something similar would be good.
 

Neil Fletcher  

Brilliant tool. We use it all the time for our business planning and cash flow (obvs).
 

Alexis Haggar  

We've been using it for 9-10 months and it's been great. Easy to use once it's setup, easy to keep up to date.
 

Reece Howe  

Was great to get help with the integration with Xero and our previous Excel cashflow spreadsheet. For a non finance person who is now dealing with company finances it has been really helpful and very useable. The scenarios is great too for looking at possible staff hiring, pay increases and project outgoings. All round handy tool. Thanks for the swift and speedy support!
 

Snook Finance  

Float is fantastic, it fills the gap in Xero's cashflow and budgeting features, and adds a layer of usability and simplicity on top which makes it very easy to keep an eye on the most important thing to any business: cashflow today, tomorrow, and down the line. We couldn't run our business as effectively without it.
 

Matt Haworth  

I'm using Xero and Float and their integration is really effective.
But I got a problem with payrun and its impact on Float cashflow: the bills don't appear in my Float cashflow.
Is there anybody who can help me?
any thanks
Luigi
 

Luigi Valerio Rinaldi  

Hi Luigi,

Thank you for your kind words about the integration. I see that your query is currently being dealt with by customer support and I'm sure we can resolve it quickly.

All the best,
Ewan
 

Ewan McCowen  

Float is awesome, I previously used a spreadsheet for my cashflow forecasting which was high maintenance and inaccurate and since using Float I have never looked back. I don't know how anyone can run their business without it! It is THE tool for scheduling payments and confidently taking drawings. Much love.
 

Denny O'Halloran  

A great plug in which enables me to keep an eye on our business performance as well as helps me prepare for any slow months.
 

Julie Goddard  

For those of my clients looking to manage day to day cash flow pressures Float has been a life saver. Xero integration is awesome, it's easy to setup, use and train clients on and importantly, it looks great. Further development of the budget input options and automatic VAT calculation would gain that last star! Keep up the great work guys! :o)
 

Eamon McManus  

Float is my favourite forecasting tool because it visualizes cash flow and makes it easy to manage various scenarios in a way that is accessible to my staff and borad members - the visualizations allow them to understand on the fly what things are looking like at any given time. It rules out the need for multiple sheets that are updated manually - do your forecasting directly from Xero bookkeeping and you can edit your budgets directly on the app. Would highly recommend!
 

Danielle Cadhit  

Float is brilliantly simple. It gives a business owner the ability to easily predict cashflows and identify any problem areas. Its simplicity makes it easy to update and really usable as day to day management tool.

We have been using Float for 2 years now both for our own business and that of our customers.
 

Gail Bainbridge  

Thanks Gail!
Really appreciate it - 2 years is a long time in the tech world!
We've got a lot of exciting stuff in the pipeline, looking forward to getting it out there, and into the hands of your clients!
Colin
 

Colin Hewitt  

Has any sense to say I opted for Xero because it works with Float?

Not kidding, as my main interest was keeping our cash flows under control, I probably did the way round, finding first Float and then looking for an application which may work with Float and automatically getting our Barcelona feed Banks.
And the only result is Xero.

That said, I'm really impressed by both applications and the extremely well done integration between them. I recommend them both specially to all who, like me, have suffered of anxiety for an old and never updated Excel file to manage your cashflows.

Greetings from Barcelona,

Toni
BTW: the online chat support in the European time zone is a blessing! Thank you, Colin and team!
 

Toni Matas  

Good product, has found a place in our reporting pack.

Couple of issues encountered but support has been responsive.
 

John Curran  

Great tool with great support.
 

Camden S.  

We've been using Float in anger for 6+ months now and its value just keeps on increasing - both with each incremental improvement, but also as you get the data more accurate to your business. The more you put into using Float the more you get out, though there are immediate benefits as well. Support is very good too.

Float is an invaluable business expansion tool. If I had one area I'd like them to work at it would be the same as I'd say of Xero - reporting.

Keep it up you Floaters :-)


Simon
@CloudSourcers
www.colormycloud.co.uk
 

Simon Edwards  

Love the simplicity of Float, really easy to get started with and a logical UI/UX. Scenario planning is good and it is now a regular part of our management meetings.
 

Nathaniel Cassidy  

Love Float - The perfect addition to Xero - The visual element and scenario planning is essential and takes away hours of spreadsheet work.
 

Owen Burson