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

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