Float

Frequently Asked Questions about Float

Who are Float?

Float is a financial planning and forecasting software designed to help businesses manage their cash flow effectively. Founded in 2012, Float aims to simplify financial management through user-friendly tools that provide real-time insights into a companys financial position.

What are Floats products?

Float primarily offers a financial forecasting tool that integrates with accounting software to provide cash flow projections, budgeting, and scenario planning. Their platform allows users to create detailed financial models and forecasts tailored to their specific needs.

What services do Float offer?

Float provides several services, including cash flow forecasting, budgeting, financial reporting, and scenario analysis. The platform also offers integration with popular accounting systems, enabling seamless data import and analysis.

What type of companies do Floats products suit?

Floats products are suitable for small to medium-sized enterprises (SMEs) across various industries that require efficient financial management and forecasting tools. Companies looking for better cash flow visibility and planning capabilities will benefit from Float’s offerings.

How much does Floats product cost?

Float offers a subscription-based pricing model, with various tiers depending on the features and number of users required. Specific pricing details can be found on Floats website, as they may vary based on user needs and additional features.

Does Float offer a free trial?

Yes, Float offers a free trial for potential users to explore the platform and its features. This allows users to assess how Float can meet their financial planning needs before committing to a subscription.

What discounts does Float offer on their products?

Float occasionally offers discounts or promotional pricing, especially for annual subscriptions. Users are encouraged to check their website or contact customer service for any current promotions.

Are there any hidden fees or additional costs with Float?

Floats pricing structure is transparent, with no hidden fees. Users should review the subscription plans to understand what is included and whether any additional costs may apply for extra features or integrations.

Who uses Floats products?

Floats products are used by finance teams, business owners, and accountants in SMEs who require effective cash flow management tools. Its user-friendly interface appeals to individuals with varying levels of financial expertise.

What are the main features of Floats products/services?

The main features of Float include cash flow forecasting, budget tracking, scenario planning, integration with accounting software, real-time financial reporting, and user-friendly dashboards for visualisation of financial data.

How does Float compare to its competitors?

Float is often noted for its intuitive interface and strong cash flow forecasting capabilities compared to competitors. While some alternatives may offer broader accounting functionalities, Float focuses specifically on cash flow management, making it a preferred option for users prioritising this aspect.

Is Floats platform easy to use?

Yes, Floats platform is designed to be user-friendly, with an intuitive interface that allows users to navigate and utilise its features without extensive training or financial expertise.

How easy is it to set up Floats product or service?

Setting up Float is relatively easy, with a straightforward onboarding process that guides users through the integration with existing accounting software and the configuration of their financial settings.

Is Float reliable?

Float is considered reliable, with a strong track record of uptime and performance. The platform is built to handle the financial data of businesses securely and efficiently.

Does Float offer customer support?

Yes, Float provides customer support through various channels, including email and online resources such as help articles and tutorials. Users can access assistance for any questions or technical issues they may encounter.

How secure is Float’s platform?

Float takes security seriously, employing industry-standard encryption and data protection measures to ensure user information and financial data are kept secure.

Does Float integrate with other tools or platforms?

Yes, Float integrates with popular accounting software such as Xero and QuickBooks, allowing users to sync their financial data seamlessly for more accurate forecasting and reporting.

Can I use Float on mobile devices?

Float is primarily designed for desktop use, but users can access the platform through mobile devices via web browsers, making it convenient to check financial data on the go.

What do users say about Float?

Users generally appreciate Float for its ease of use, effective cash flow forecasting, and the clarity it brings to financial planning. Feedback often highlights its intuitive design and helpful customer support.

What are the pros and cons of Float?

Pros of Float include its user-friendly interface, strong cash flow forecasting capabilities, and seamless integration with accounting software. Cons may include limited features compared to more comprehensive accounting solutions and potentially higher costs for some users.

How can I purchase Float’s services?

Users can purchase Floats services directly through their website by selecting a subscription plan that suits their needs and completing the sign-up process.

What is the cancellation or refund policy for Float?

Float typically offers a cancellation policy where users can cancel their subscription at any time. However, users should refer to the specific terms and conditions on Floats website to understand the details regarding refunds and cancellation procedures.

What are the common use cases for Float?

Common use cases for Float include cash flow management for small businesses, financial forecasting for project planning, and budgeting for operational expenses. It is particularly useful for businesses looking to enhance their financial visibility and planning accuracy.

Why choose Float over other options?

Float is often chosen for its specialised focus on cash flow forecasting and user-friendly design, making it a suitable option for businesses that require effective financial planning without the complexity of full accounting software.

How easy is it to set up Float?

Setting up Float is straightforward, with guided steps to connect to accounting software and configure financial settings, making it accessible for users with varying levels of technical expertise.

Does Float offer training or tutorials?

Yes, Float provides various training resources, including tutorials and help articles, to assist users in getting the most out of the platform.

What languages does Float support?

Float is primarily available in English. Users should check the website for any updates regarding additional language support or localised versions.

What problems does Float solve?

Float helps businesses solve issues related to cash flow visibility, financial forecasting, and budgeting, enabling better financial decision-making and strategic planning.

Is Float worth the investment?

For businesses that require detailed cash flow forecasting and financial management tools, Float can be worth the investment. Its features are tailored to enhance financial visibility, which can lead to more informed business decisions.