Brixx vs Float – Cash Flow Forecasting And Scenario Planning

When looking for a cash flow forecasting and scenario planning tool for your business, there are a number of great options out there for you to choose from. Unfortunately, the more options you have available to you, the more difficult it becomes to find a tool that meets your business’s needs without diving too deep down the rabbit hole.

Here at Brixx, we enjoy a bit of healthy competition and have done some of the heavy lifting for you by researching the leading forecasting software and planning tools available and comparing them to what we have to offer.

In this post, we take a closer look at Float – a cash flow forecasting software and scenario planning tool. According to their website, Float helps you get a real-time, visual view of your cash flow and make more confident decisions about the future of your business.

We compare the key features of both Float and Brixx in the article below.

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Comparing key features

So the first comparison we’ll be doing today is that of the key features of Float versus those of Brixx. While we have more insight into the functionality of our own software, we’ve decided to play fair and compare only the features as listed on the Float and Brixx websites.

Float

• Real time sync with your accounting software with automatic forecast updating
• Import invoices and bills automatically to track against projections
• Create, layer and compare scenarios
• Forecast vs actuals comparisons
• Professional PDF or CSV reports
• Solutions for businesses as well as accountants and bookkeepers

Brixx

• 10 year Cash flow projections and cash flow tracking
• Professional reports with automated double entry accounting (P&L and Balance Sheet)
• Forecast calculators
• Multiple scenario testing
• Forecast vs actuals comparison
• Move any part of the plan on a drag and drop Timeline

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Comparing available integrations

In today’s modern world, what would life be without automation and integration? Both Float and Brixx have integrations available to help automate your cash flow forecasting and scenario planning.

Float

• Xero
• Quickbooks
• FreeAgent

Brixx

• Xero

Both the Float platform and the Brixx tool offer add-on options for the Xero accounting system. Boasting a seamless Xero setup and integration, each of these cash flow forecasting softwares aid in the planning, projection and management of business cash flow. Not sure how to use Xero with a tool like Brixx? No problem, we go over this integration in the video below.

While we must admit that the Float app currently has additional integrations available versus Brixx, we are excited to announce that we will soon begin work on an integration with Quickbooks. We expect Brixx to quickly become a staple Quickbooks forecasting tool for startups, businesses and accountants alike once this integration is released.

We’ll keep you updated on our Quickbooks forecasting integration – keep your eyes peeled.

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Comparing pricing structures

When all is said and done, cash flow forecasting and scenario planning all comes down to finances – as it does when comparing possible software or tool subscriptions to help make all of this happen. We’ve taken a look at the various packages offered by the Float app and Brixx to help give you an overview of pricing structures.

For convenience, all pricing structures are reflective of annual billing amounts, with the monthly payment structures available on each of the Float and Brixx websites.

Float For Businesses

Essential – £468 per year, billed annually

• 3 users
• 5 additional scenarios
• 3 years future forecast
• Weekly cash summary email
• Email support
• Set up call with a Float expert

Premium – £948 per year, billed annually

• 10 users
• 10 additional scenarios
• 3 years future forecast
• Weekly cash summary
• Email support
• Forecasting session with our team
• Quarterly review of your forecast with a Float expert

Enterprise – £1 980 per year, billed annually

• 100 users
• 100 additional scenarios
• 3 years future forecast
• Weekly cash summary email
• Set up call with a Float expert
• Priority support
• Dedicated account manager
• Monthly review of your forecast with a Float expert

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Final Thoughts

It’s never easy to put yourself up against your toughest competitors but here at Brixx, we welcome the challenge of showcasing how our financial modelling software can benefit your startup, business or accounting practice. In terms of getting more bang for your buck, Brixx certainly seems like the logical choice when it comes to cash flow forecasting and scenario planning and with the Quickbooks online forecasting integration in the works, who knows where the future will lead!