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.
In this post, I’ll be covering:
Comparing key features
Comparing available integrations
Comparing pricing structures
Final thoughts
Be sure to take Brixx for a test drive with the bike shop demo or sign up for a Brixx Free plan to explore our array of features.
Be sure to read more comparison posts to explore your options:
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
On a side note, if you’re still debating whether to use a more traditional financial forecasting method like Excel or Google Sheets versus a specialized financial forecasting software like Float or Brixx, take a look at our article “Excel And Google Sheets vs Software For Financial Forecasting” for some tips to help you decide.
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.
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.
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
Brixx For Businesses
Brixx Free – £0
1 organisation
1 plan
1 year forecast
Unlimited sharing
Budget report
Income + Cost
forecasting
Financial dashboard
Essentials – £108 per year, billed annually
1 organisation
1 plan
1 year forecast
Unlimited sharing
Full report suite
3-way forecasting
Financial dashboard
Tax calculations
Cash payment terms
Actuals vs Forecast
Business – £228 per year, billed annually
1 organisation
3 plans
1 – 5 year forecasts
Unlimited sharing
Full report suite
3-way forecasting
Financial dashboard
Tax calculations
Cash payment terms
Actuals vs Forecast
Xero integration
Professional – £348 per year, billed annually
Unlimited organisations
5 Plans
1 – 10 year forecasts
Unlimited sharing
Full report suite
3-way forecasting
Financial dashboard
Tax calculations
Cash payment terms
Actuals vs Forecast
Xero integration
Account Manager
Additionally, each Float and Brixx offers a free option, a 14-day trial and a free plan respectively.
Both the Float app and Brixx offer Partner Programs for accountants, bookkeepers and business coaches alike with preferred pricing structures and additional features.
You can read more about the Brixx Partner Program and its benefits in our article “Financial Forecasting For Accountants – The Brixx Partner Program”
Float For Accountants
The Float Partner Program
*No pricing structure is available for the Float Partner Program on their website
As a partner you receive
Free licence for your firm forever
Discounted pricing for clients
30 day free trial after the first client is added
More functionality (10 users and 10 scenarios per client company)
Deliver additional services and advice to your clients
Save time building business plans
Collaborate and share business models with clients
Develop further revenue and profit streams
Differentiate your business with Brixx Partnership
Promote your business with the Brixx Partner assets on your website
While we can’t comment on the difference in Partner Program pricing, we can surely say that when it comes to pricing structures, Brixx certainly has a point in the win column.
Try The Bike Shop Demo To Test Drive BRIXX Today
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!
Enjoyed our comparison of the Float cash flow forecasting software? Visit the Brixx Blog for more heavyweight showdowns between Brixx and leading cash flow management; financial forecasting; and scenario modelling tools or read one of the posts below:
“You can model scenarios with accelerated growth due to funding or advertising spend, or slow the business growth down to see how those factors change the outcome.”
Jack Berryman – MintMech
5/5
Start your free trial today!
Take to tour of Brixx
[contact-form-7 id=”684″ title=”Take to tour of Brixx”]
Join over 15 000 Brixx users
Get regular tips on how you can make smarter forecasting decisions in your business.
Your email will be used in accordance with our privacy policy