Help clients build reliable Cashflow forecasts

3rd May 2021
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Award-winning accounting software provider FreeAgent has launched some exciting updates to its Cashflow feature. Here's a quick rundown of the changes we’ve made to help you build even more reliable forecasts for clients.

Help clients build reliable Cashflow forecasts

Algorithm improvements

We’ve improved our prediction algorithm to include more ‘fixed cost’ payments, like rent and professional fees, to improve the accuracy of your clients’ Cashflow forecasts.

Manual and predicted events

Manual events can now be added to clients’ Cashflow calculations, which is useful when you want to tailor their Cashflow picture. 

You and your clients can also change the dates of predicted events, such as the date they expect to pay a particular bill or receive payment for an invoice. This may come in handy if your clients expect a particular invoice to be paid late.

Payment reminders

You and your clients can now send payment reminder emails to their late-paying customers directly from the Cashflow feature.

Standing orders

For clients who have NatWest, Royal Bank of Scotland and Ulster Bank NI current accounts, FreeAgent now includes details of standing orders in their Cashflow calculations via Open Banking. 

All of these updates improve the accuracy of the Cashflow forecast, making it an even more useful tool for you and your clients.

Learn more about the Cashflow functionality in FreeAgent over on our Knowledge Base.

Find out more about how FreeAgent can help you work together with your small business clients