A new version of Float, the cash flow management tool, is being rolled out, and users will notice significant changes.

A complete rebuild of Float, which integrates with Xero, Quickbooks and FreeAgent, means it now runs 10 times faster and is more user-friendly thanks to a refreshed interface.

New features include an extended cash manager tool, which alerts users when they have overdue bills or invoices; an option to create three-month average budgets, and budget progress bars, which allows users to see, at a glance, how accurate budgeting is month by month.

Float’s cash flow graph, perhaps its most popular feature, has been redesigned so that users can view past and future cash flow much more quickly, manage bank accounts and credit cards on the same page and always have their reconciled cash balance next to the graphs.

Colin Hewitt, co-founder and CEO of Float, said: “What started as an ‘under the hood’ performance update became a complete rebuild of Float, focused on improving the parts our users value most.

“Float users will notice the changes in coming weeks, and there are more to come. This upgrade has created the space for more functionality on areas like annual and quarterly budgets, which are coming soon.

“With a click of a button, Float users can determine whether they can afford to hire a new employee, if they’re about to struggle with bills or if they should be investing cash elsewhere.”

Float provides users with instant, accurate cash flow forecasts and detailed snapshots of where money is going; allows them to set budgets and track them, as well as find out what impact various scenarios could have on their business and create attractive pdf reports and evaluation reports that can be used to reassure and impress bank managers and investors.

For more information on how to join the Float partner programme, and for a free trial, visit www.floatapp.com