The Cashflow Forecaster tool in Saasu has been popular with customers since it was first released. But knowing your cashflow position isn’t just something you need when you are signed into the web app. Sometimes having that information at your fingertips when you are on the move is also valuable.
Forecaster is a tool that is available on all Saasu files and was designed to help track the financial health of your business. It gives you a combined view of what will happen across all of your nominated accounts over the next 3 months.
As part of our ongoing work to improve the mobile app, Cashflow Forecaster will be available on the Saasu mobile app from version 1.0.17 (check your preferred app store for the update). On the mobile app, you can now view the Forecaster report for either 1 month or 3 months as a line graph. Any movement of forecasted transactions will still need to take place on the web app.
You can access Forecaster by clicking on the Cashflow option in the menu. On the web app, it is available from the Reports menu option.
There are a number benefits for you and your business in using Forecaster:
- Tracks cashflows by looking at due dates, next pay run, recurring transactions, and more. The more you track the more accurate it becomes.
- Explore Payment Scenarios (web app only).
- Highlighting blind spots.
- Based on actual and forecasted cash flows (such as receiving a payment for an invoice on a due date).
- No add-ons required.
- No extra costs for this feature and it’s available on all plans.
Like any system, it’s only as good as the data you put in it. So you need to have your bank feeds connected, your invoices entered with due dates and pay runs setup etc. Good data and bookkeeping practices will improve the cashflow forecast and missing data will make it less accurate. It’s all worth it to get some peace of mind!
Looking forward to live cashflow forecasting on the go but haven’t used Forecaster before? You can find out more information on how you can take advantage of this feature by checking out our help notes.
Image by William Iven