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What is Futrli?

An overview of our real-time cash flow forecasting and reporting software. Futrli.

Updated over a month ago

Futrli is a powerful forecasting and reporting software tailored to your unique business needs. It simplifies the process of understanding your past performance, current status, and future projections, ensuring you stay informed and ahead of the curve..

Below we run through what you're able to do in Futrli, as well as Futrli's key features.

📌TIP: Use our interactive walkthrough tour of Futrli and its various features.


What can you do in Futrli?

Connect your organisation

  • Automatically pull through live data from Sage Accounting, Xero or QuickBooks Online

  • Refresh the sync with a click of a button

  • Build multi-currency consolidated organisations - which can then be used for forecasting and reporting purposes

Create powerful forecasts

  • Build an unlimited number of forecasts - including cash flow forecasts

  • Override current unpaid invoice payment terms to build accurate short-term cash flow forecasts

  • Combine actual invoice information with your own predictions

  • Utilise Futrli's automated predictions, meaning full, accurate financial forecasts can be created for you with the click of a button

Build customisable reports

  • Use a variety of table and graph options to display your actual and forecasted data

  • Make the most of Futrli's pre-built widgets, or just use one of Futrli's pre-built report templates

  • Create your own charts and tables, displaying the data you want to display

  • Set up automated scheduled report distribution - send out reports automatically at a schedule decided by you

Understand an organisation's performance

  • Understand the key behaviour of all customers and suppliers in a handy pre-built table

  • Build your own KPI dashboards - or use Futrli's pre-built P&L, Balance Sheet and cash flow analysis

Control the chart of accounts

  • Re-categorise accounts and re-order accounts in the organisation's chart of accounts

  • Create custom account groups to be reflected in detailed reporting

Bring in non-financial data

  • Use non-financial Drivers in formulas to create forecast predictions

  • Create reports with the non-financial Drivers

Create detailed formulas

  • Combine financial accounts and non-financial Drivers to build specific predictions, including the powerful 'if' formula option

  • Use the formula builder to report on specific KPIs

Invite your team

  • Add an unlimited number of users into your Futrli workspace with various permissions

  • If you're an accountancy firm or bookkeeper, add your clients

  • If you're working for a business, add your accountant

Sign up to a plan

  • Save money with a multi-licence plan - perfect for anyone looking to connect 6 or more organisations to Futrli

    📌TIP: You can find pricing at futrli.com/pricing.


What are the core features of Futrli?

  • Forecasting - create your forecasts with a range of methods and add predictions within them

  • Reporting - build fully customisable reports using pre-built templates, templates built by you, or even created from scratch

  • Performance pages - a convenient overview of customer and supplier information, with editable KPI dashboards, and dashboards created by you

Click the options below for more details:

Forecasting

Futrli's forecasting feature consists of three types of forecasts:

  • 1 year P&L - 12 months in length and you can start them in a month of your choice

  • 3 year cash flow - starts from the current month and shows a P&L, balance sheet and cash flow view for the next full three financial years

  • 3 year cash flow with due invoice - similar to a 3 year cash flow but also pull through data on unpaid and due invoices from your integrated accounting software

📌TIP: With all three options you can:

  • Export to Google Sheets

  • Reference in reporting

  • Create predictions


Reporting

The reporting feature is fully customisable. Using the draft and published setup as with forecasting, users can build their own reports before they publish them to colleagues.

You build reports using drag and drop. Just decide:

  • What type of graph you want (or a table)

  • What data you want to display

  • What time frame

📎 NOTE: Every widget you add to a report is completely customisable. You can even update the colour scheme using hex colour codes to match a business's branding.


Performance

The Performance section in Futrli is where you can conveniently display popular KPIs for your company.

The Customers & Suppliers section tells you what you need to know about where your money is coming from, and where it is being spent. Click into any customer or supplier for a contact deep dive, with payment trends, risk trends, and even a dependency percentage available.

There will then be three KPI dashboards pre-built for you; Cash Flow, Profit & Loss and Balance Sheet. Each is completely editable, so feel free to update it to show what matters to you.

📌 TIP: If you'd rather create your own dashboard, no problem. You can build and add an unlimited number of your own dashboards to the Performance section.


Other features of Futrli

Alongside the three main features, you'll also find:

Chart of Accounts

Re-categorise and re-order accounts, or create custom account group layers.

Drivers

Manually add non-financial data to reference in reports and formulas.

Organisations

You can add and delete other organisations. You can have multiple organisations, each integrated with different accounting software. You can even consolidate multiple organisations to create consolidated forecasts and reports.

Users

Invite other people to access organisations in your Futrli workspace. You can edit their permissions and configure which organisations they have access to.


Integration with accounting software

If you use Sage Accounting, Xero or QuickBooks Online, you can integrate these with Futrli to:

  • Rely on accurately calculated predicted future cash flow, profit and VAT/GST/sales tax - Automatically track the changes of your business’ predicted future

  • Compare different scenarios - Effortlessly make the right choice for your business with a multi-dataset comparison

  • Make your own predictions to de-risk the choices you make - Your business is more than a bank account. Predictions span every area of your business

  • Learn about your customer trends and risks - Take action on the customers anticipated to cause issues before they do

  • The best time to pay bills is predicted - Taking all revenue and commitments into consideration, you’ll understand when to pay without exposing yourself to unwelcome surprises

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