So what is it?
Fluidly's Intelligent Cashflow forecast uses Artificial Intelligence and Machine Learning to forecast your cashflow in seconds.
To do this, we look for patterns within your historic accounting data that help us to predict how cash will come in and out of a particular business over the next 12 months.
When looking at a forecast, we would advise reading it in two ways:
Top to bottom. Expand out the various sections to reveal the different account lines that contribute to the net cashflow at any one point in time.
- Side to side. Looking at historic cells helps to provide an understanding of the predictions Fluidly has made.
Daily, weekly, monthly and quarterly patterns are all picked up by Fluidly, with a business' Chart of Accounts making each forecast unique to it.
From here, you're in a position to begin layering on your own predictions to Fluidly's cashflow forecast.
NB. Fluidly will include all bank accounts connected to your accounting software in its initial prediction. You can find out more about how to adjust this by clicking here.