CashFlowMapper is a cash flow management tool that allows you to accurately and confidently forecast cash flow movements and can be a highly effective tool for financial advisors. We understand your needs and have developed this cashflow software to elevate your service as a professional financial adviser.
It allows for all types of transactions a business may have, from one-off costs to transactions with any type of recurrence or frequency. It will also forecast your consumption tax obligations so you know exactly when they are due well in advance.
Reflect transactions as they actually happen — not just an estimation — grouping similar transactions or merging plans into one. Ideal for multiple business units, bank accounts or projects. By tracking the current financial position, you’re better able to predict the financial future and update your clients’ financial plan.
Help free up resources from tedious, manual cash flow forecasting, allowing more time to focus on business growth, nurturing relationships, and forecasting for future plans. This tool separates general advice providers to that of comprehensive financial advice.
Easily import data directly from selected accounting software or use CFM’s CSV import template to upload data from any source you have: online banking or budget files for example.
Export your cash flow plans (numerical or graphical) ready for reports or presentations. Your clients’ may appreciate these visual representations of their financial situation and therefore gain a deeper understanding of the financial advice you’re offering.
Your clients count on you to help them make smart financial decisions. With CashFlowMapper, you’ve got the right tools to guide your clients in the right direction – offering expert financial advice to help them reach their financial goals.
Knowing when to plan ahead for cash shortfalls or surplus, this tool allows you to give the right financial advice based on their cash flow movements. Rolling forecasts is the tool you need to update your clients’ financial plan with both ease and accuracy.
Create & compare scenarios based on different, real-world situations to predict and prepare for their financial future. Accurate scenario mapping ensures that financial advisors are fast to respond to any financial situation as they’ve previously identified the various threats and opportunities, as well as explored financial options.
Get advance warnings when you’re approaching your ‘comfort level’. Business alerts ensure that you’re always informed of your clients’ financial situation.
Access online dashboards showing daily & cumulative movements which aid your efforts to offer comprehensive financial advice.
know when to plan ahead for cash shortfalls or surplus
create & compare scenarios based on different, real-world situations
get advance warnings when you’re approaching your ‘comfort level’
access online dashboards showing daily & cumulative movements
Forecast your cash flow over any timeframe, from days up to 10 years, always knowing where you stand against your comfort level of cash or minimum required balance with advance warnings when you’re approaching this balance. Not only does this help your understanding of their financial situation, but also ensure you’re able to track their progress towards achieving financial goals.
Financial advisors using this tool are better able to project cash flow forecasts with both bottom-line numbers and easy-to-read graphs. This ensures that advisors know when their clients’ have excess cash to splash or need to be a bit more conservative with upcoming costs, allowing for more precise financial advice.
CFM is a cash flow planner / forecaster that creates instant cash flow forecasting reports anyone can understand, using your up-to-date forecast data as well as current bank balances, outstanding payables and receivables from selected accounting software. Financial advisors can benefit from this tool by adding an element of expert reporting and legitimacy to their financial advice service.
CashFlowMapper (CFM) is a cash flow management tool that helps financial advisors accurately forecast cash flow movements. It can be used on various types of business transactions and can help project consumption tax obligations.
This tool can be integrated with different accounting software such as Freshbooks, MYOB, Xero, Reckon, and Quickbooks. Although it can be used with other accounting systems, integration is not required in order to take advantage of all the benefits that CFM has to offer.
CFM has API links to selected accounting systems. Through these links, users can easily import bank balances as well as debtors and creditors from the selected accounting software.
CFM works by mapping your transactions exactly as they occur. For example, if your net payroll is paid fortnightly on a Thursday, and the tax on your payroll is paid quarterly on the 28th of the month, then CFM maps these transactions accordingly.
You can manipulate your cash flow plans using any combination of manual editing, using the csv upload facility, or linking to selected accounting packages.
You can make your cash flow plans rolling so that they always start at today’s date and roll forward. You can’t miss anything this way.
You can apply any frequency or recurrence type required to a transaction, along with:
Simply take out a free trial! No payment details are required.
Access the knowledge base which also has links to the tutorial videos.
Most people are operational with CFM within 30-45 minutes, but if you ever need help, it’s free.
You have the chance to convert your trial into a paid subscription after the 30-day trial period.
Yes, but CFM does not require you to use specific accounting systems, or indeed any accounting systems at all for you to get the full benefit of the software.CFM has API links to selected accounting systems. These links import bank balances and/or outstanding debtors and creditors, complete with their due dates and consumption tax components.
Yes. When you subscribe, you can give access to your team to your full account on a view or edit access basis.
You can share workspaces with your client, as well as give team members specific access to workspaces if preferred.
There’s no additional cost for adding users.
Yes. You pay for each workspace in your account on a month-in-advance or year-in-advance (20% discount) basis.
As you add or delete workspaces, your billing is adjusted accordingly.
Team members and clients using workspaces shared by you pay nothing.
Single businesses will generally only need one workspace. Subscribers in the advisory sector will have one workspace per client. There are no limits to the number of plans in a workspace.
This is an education process. Too often, businesses focus on cash flow only when things get tight, and often it can be too late, and you can be profitable and bankrupt simultaneously!
There are two reasons to focus on cash flow forecasting, the first is to manage funds in times of a crisis, but the second is to foresee when there will be excess funds to take advantage of. This latter point is often ignored.
The cash flow forecast is the most important business report, more so than profit and loss, and more so than the balance sheet. These latter two reports record history and can suggest what the future might hold. That’s important, but not as important as the future itself which is what cash flow forecasting is all about.
Yes. Transactions subject to tax are identified in CFM and imported from your accounting software if you are using this feature.
CFM’s tax calendars accumulate the tax due on each tax remittance date and tell you what’s owing or owed. No more nasty tax surprises!
CFM has tax calendars for use covering several jurisdictions and adds to these. If you need one, let us know and we’ll build it for you. You can even build your own, if need be, which is a very simple process.
No problem! With CFM, you set up a plan for each bank account or business unit, and with a couple of clicks, merge these plans into a consolidated plan to get an overall picture of cash flow.
CFM allows you to apply fixed exchange rates to transactions or use foreign exchange calendars that apply exchange rates on a daily, weekly, monthly, or annual basis.
Use as many currencies as you need.
CFM is hosted on Microsoft’s Azure platform. Their security information is available on their website.
CFM uses Stripe for payments. You can check their security credentials on their website.
You shouldn’t have to use one software package in order to use another one!
Whilst CFM allows you to import bank balances, debtors and creditors from selected accounting software if you choose, relying exclusively on accounting software has the flaw of you being unable to include data that’s not in your accounting system in your cash flow plans. For example, predicted new debtors or creditors or any other type of transaction not yet occurring in your business.
By entering or uploading your data into CFM, you have as much flexibility as you need around how you map your transactions which you can’t get from imported accounting data.
Help your clients make smarter business decisions based on crucial cash flow projections.
Copyright © 2012-2023 CashFlowMapper
