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

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Manage episode 482847914 series 1076311
Content provided by Heather Smith and Heather Smith | Accountant. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Heather Smith and Heather Smith | Accountant or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Today I’m speaking with Colin Hewitt, Founder & CEO of Float

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:

    • 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.

Key Takeaways:

  • Cash flow tools should integrate seamlessly with reporting stacks, not replace them.

  • Fractional CFOs face context-switching challenges Float aims to solve.

  • AI offers new efficiencies but requires thoughtful, user-focused implementation.

Contact details:

Float: https://www.floatapp.com/

Colin Hewitt: https://www.linkedin.com/in/colinphewitt/

The New F*Word (F for Fractional Finance) https://podcasts.apple.com/gb/podcast/the-new-f-word-f-for-fractional-finance/id1779512563

Accounting Apps newsletter: http://HeatherSmithAU.COM

Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind

LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/

YouTube Channel: https://www.youtube.com/ANISEConsulting

X: https://twitter.com/HeatherSmithAU

  continue reading

223 episodes

Artwork
iconShare
 
Manage episode 482847914 series 1076311
Content provided by Heather Smith and Heather Smith | Accountant. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Heather Smith and Heather Smith | Accountant or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Today I’m speaking with Colin Hewitt, Founder & CEO of Float

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:

    • 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.

Key Takeaways:

  • Cash flow tools should integrate seamlessly with reporting stacks, not replace them.

  • Fractional CFOs face context-switching challenges Float aims to solve.

  • AI offers new efficiencies but requires thoughtful, user-focused implementation.

Contact details:

Float: https://www.floatapp.com/

Colin Hewitt: https://www.linkedin.com/in/colinphewitt/

The New F*Word (F for Fractional Finance) https://podcasts.apple.com/gb/podcast/the-new-f-word-f-for-fractional-finance/id1779512563

Accounting Apps newsletter: http://HeatherSmithAU.COM

Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind

LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/

YouTube Channel: https://www.youtube.com/ANISEConsulting

X: https://twitter.com/HeatherSmithAU

  continue reading

223 episodes

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