Hey there, it's Upendra Varma, and today I'm going to give you an in-depth review of Futrli. If you're looking for real-time cash flow forecasting and reporting software, then Futrli might just be the solution for you. Let's dive in and explore its features, pricing, and alternatives.
Futrli Review: What is Futrli
Futrli is an award-winning forecasting and reporting software that is trusted by accountants, bookkeepers, and businesses worldwide. It was founded in the UK in 2014 by a small business owner who was obsessed with forecasting. Since its launch, Futrli has supported over 100,000 small businesses globally and has empowered accounting firms through its platform.
Futrli Review: How can it be used?
Futrli can be used by various user profiles to streamline their financial processes and gain valuable insights into their businesses. Here are some examples of how different users can benefit from Futrli:
- Small Business Owners: Futrli provides a comprehensive overview of your business performance in the Daily Tracker, giving you insights into your cash flow, profit & loss, and invoices & bills all in one place.
- Accountants & Bookkeepers: With Futrli, accountants and bookkeepers can easily create reports and dashboards using drag and drop, pivot tables, and ready-to-use templates. These reports are highly customizable and can be used for board packs, funding applications, and more.
- Financial Analysts: Futrli's powerful forecasting capabilities allow financial analysts to create 3-year profit & loss, balance sheet, and cash flow forecasts. These forecasts can be used for funding applications, strategy development, and scenario modeling.
- HR Managers: Futrli simplifies HR forecasting by helping HR managers plan for hiring and accurately calculate payroll taxes. This feature is available for businesses in the UK, AU, and NZ.
Futrli Review: Who is it for?
Futrli is suitable for a range of users and businesses. Here are some profiles that can benefit from using Futrli:
- Small businesses and sole traders looking for comprehensive financial insights and forecasting capabilities.
- Small accounting practices that need efficient reporting tools and performance tracking features.
- Growing accounting practices that require advanced forecasting and scenario modeling capabilities.
- Established accounting practices that want to optimize their advisory services and provide comprehensive financial solutions to their clients.
Futrli offers a wide range of features that can help you gain control over your finances and make informed business decisions. Here are some key features offered by Futrli:
- Business performance insights: Get a complete overview of your business performance in the Daily Tracker, including cash flow, profit & loss, and invoices & bills.
- Bespoke reporting & report template library: Create customized reports and access a library of ready-to-use report templates.
- Daily cash flow forecasting: Track your daily cash flow with accuracy and understand the best time to pay suppliers and collect customer payments.
- Budgets and scenario modeling: Build and save budgets directly in Futrli and track variance against performance. Visualize different scenarios using graphical data.
- 3-way profit & loss, balance sheet, and cash flow forecasts: Power your funding applications and strategy development with comprehensive 3-way forecasting.
Futrli offers different pricing plans to cater to the needs of various users. Here are the pricing options available:
- Single: Perfect for small businesses and sole traders. Starts at $35 per month per client.
- Starter: Great for small accounting practices. Starts at $200 per month for 10 clients.
- Professional: Best for growing accounting practices. Starts at $375 per month for 25 clients.
- Practice: Ideal for established accounting practices. Starts at $500 per month for 50 clients.
Please note that these prices are exclusive of VAT and may vary based on your specific requirements. For a more detailed pricing structure, I recommend getting in touch with the Futrli sales team.
If you're looking for alternatives to Futrli, here are a few options you can consider:
1. Float: Float is a cash flow forecasting software that helps businesses manage their cash flow effectively.
2. LivePlan: LivePlan is a business planning software that offers forecasting and budgeting features.
3. Fathom: Fathom is a financial reporting and analysis tool that provides insights into your business performance.
While Futrli offers a comprehensive set of features, it's always good to explore different options and choose the one that best suits your business needs.
Futrli Review: Pros & Cons
Pros of using Futrli:
- Powerful forecasting and reporting capabilities
- Comprehensive overview of business performance
- Easy-to-use drag and drop reporting features
- Accurate daily cash flow tracking
- Customizable and ready-to-use report templates
Cons of using Futrli:
- Pricing may be a bit high for small businesses
- Some users may require additional training to fully utilize the platform's features
In conclusion, Futrli is a powerful forecasting and reporting software that can provide valuable insights into your business's financial performance. With its user-friendly interface and comprehensive features, it's a great tool for small businesses, accountants, and financial analysts alike. If you're interested in learning more about Futrli or exploring other SaaS products, be sure to check out my blog at saas blog.
So, what are you waiting for? Give Futrli a try and take control of your financial future!