Reinventing Float: AI, Consolidation and the New F Word | Colin Hewitt

“For me, cash flow is about understanding how that money is moving in and out of your business and what’s going to happen in the future“.

– Colin Hewitt, Founder & CEO, Float.

Today I’m speaking with Colin Hewitt, Founder & CEO of Float. Colin shares how AI-powered cash flow forecasting helps fractional CFOs and businesses navigate financial challenges.

In this episode, we talk about . . .

• Evolution of cash flow forecasting from spreadsheets to intelligent cash flow platforms.
• Differences between direct and indirect cash flow forecasting.
• Float’s shift to support fractional CFOs and the growing need for 13-week forecasts.
• New features in Float include: 
  • 13-week forecasting reports with click-to-detail functionality.
  • Consolidated cash flow view for multi-entity businesses.
  • Enhanced PDF reporting capabilities.
  • Upcoming VAT & GST forecasting features.
  • AI-driven expected payment dates and “intelligent cash flow”. 
• Importance of embracing AI internally and the concept of becoming an “AI-first” company.
• Colin’s experience launching The New F Word podcast, focusing on the rise of fractional CFOs.
• Building visibility via LinkedIn thought leadership.

Lastly, I encourage you to have a listen since we covered context-switching challenges fractional CFOs face, which Float aims to solve. Besides, we highlighted during our conversation how key it is for cash flow tools to integrate seamlessly with reporting stacks, not replace them. 

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