Futrli

Do you know how much profit you made last quarter? Do you know how much cash you’ll have in the bank in three months time?

UNDERSTAND WHAT’S HAPPENING TODAY, FORECAST FOR TOMORROW

We work with our clients using Futrli, a collaborative cloud based forecasting and reporting solution, that auto-syncs daily with Xero. Coupled with our years of commercial experience, our management reporting service provides you with financial clarity and control, providing a picture of your business past, present and future all available in real time.

Get a grip on your cashflow and make decisions about your business’ future, fast. Recent research suggests that 82% of small business failures were partly due to cash flow problems. Spreadsheets can be inflexible and difficult, and keeping your forecasting and reporting up to date can be a challenge.

WHAT ARE THE BENEFITS OF FUTRLI?

Futrli is a cloud app that integrates with Xero that helps put you back in control of your business finances. Its benefits include

  • Unlimited 3-way forecasting up to 10 years in the future shows you what lies ahead for your business. Get full control of your business by monitoring cashflow daily, weekly or monthly, and use your projections to move forward confidently.
  • Create Beautiful bespoke KPI dashboards for your business, share them with your team to empower your decision making
  • Set a budget that really works for your business
  • Create scenario plans that help you see the outcomes of potential decisions, by scenario modelling your forecasting and reporting
  • Flexible pdf reports with templates help you get started and show your forecasting and reporting

HOW DO ONE ACCOUNTING WORK WITH THEIR CLIENTS WITH FUTRLI?

At One Accounting we use Futrli to present management accounts to clients, and help then create meaningful and dynamic cash flow forecasts. We are a Futrli Silver Partner and a Certified Futrli Business Advisor, and our experienced team can help

  • define and measure the KPI’s that will determine success;
  • track and manage cashflows;
  • build budgets and forecasts and then track performance in “real time” against plan;
  • work on the go – mobile and tablet enabled;
  • collaborate with us on financial management matters;
  • produce attractive, easy to understand financial reports.
  • Use Xero, and have a highly skilled book-keeper / finance manager (either in-house or outsourced to One
  • Accounting) who understands accounting and keeps Xero up to date
  • Have annual sales in excess of £250k
  • Have plans for rapid growth, or have variable sales patterns which mean that tight cashflow management is essential
  • Management accounts reporting pack
  • KPI’s structured to your business. These can include financial indicators such as:
    – Gross profit and net profit %
    – Breakeven point
    – Return on equity
    – Sales per employee
    – Non-financial indicators such as marketing information from Google analytics (note that you will have to provide this data to us)
  • Rolling 12 month cashflow forecast based on your own sales targets
  • Review call with your client manager (Using Zoom or other video software) so you can dive deep into the numbers and gain additional insights
  • You get access to the Futrli software and can create your own reports which you can update 24/7.

 

WHO IS FUTRLI FOR?

Any business can use Futrli, however in our experience those that benefit most from it:

WHAT IS MY INVESTMENT?

Our Futrli reporting service includes:

  • Management accounts reporting pack
  • KPI’s structured to your business. These can include financial indicators such as:
    – Gross profit and net profit %
    – Breakeven point
    – Return on equity
    – Sales per employee
    – Non-financial indicators such as marketing information from Google analytics (note that you will have to provide this data to us)
  • Rolling 12 month cashflow forecast based on your own sales targets
  • Review call with your client manager (Using Zoom or other video software) so you can dive deep into the numbers and gain additional insights
  • You get access to the Futrli software and can create your own reports which you can update 24/7.

Quarterly Reporting – from £199 + VAT per month

For a £250k business, this means investing less than 1% of your annual sales to get clarify on your present performance, and an expert eye looking ‘under the bonnet’ with you. For businesses with stock, or multiple departments, the monthly fee will be in the range £299 – £349 per month.

Interested in finding out how we can help you transform your forecasting and reporting arrangements using Futrli? Contact us today.