Do you need automated cash flow forecasting, collections, reminders, customer analytics and actions for MYOB Advanced?
Forecast Live is a leading, easy to use Cloud Solution for cash flow forecasting and overdue collections that automatically syncs directly with MYOB Advanced, giving a real-time, LIVE picture of overdue debtors / AR and cash flow on a daily, weekly and monthly view.
Forecast Live utilises Machine Learning (ML) technologies to forecast payments and help MYOB Advanced finance teams, giving them insight and control over cash flow and Debtor Management.
Forecast Live dynamically builds and maintains your short and long-term Cashflow Forecasts with live data from MYOB Advanced.
This data combines up to date Bank Balances, Debtor & Creditor Information with forward forecasted expenses & cash outflows to accurately predict your cash position.
You can get instant knowledge of the effects of delayed payments, increased stock holdings and goods supply delays.
Forecast Live gives you a cash flow schedule MYOB Advanced users can trust.
Short Term Cashflow forecasting (30 to 180 Days in advance) is a critical challenge for many businesses. Because a more granular approach is needed for this type of forecasting, and your business is constantly trading, it’s near impossible to manually maintain up to date accurate forecasts with live data.
With Forecast Live, we produce automated daily & weekly Cashflow Forecasts to accurately predict your cash position by day or week. MYOB Advanced customers can now easily move customer & supplier payments along the timeline, plan for additional expenses, or determine when the business will have cash reserves for shareholder drawings or reinvestment.
We go beyond normal forecasting for MYOB Advanced, identifying customer payment trends and using machine learning to predict when customers will actually pay, often beyond their due date.
Managing and maintaining accurate Financial Year forecasts in today’s business environment and ever-changing economic conditions takes effort. As Actuals become known and Budgets change, it requires significant effort from skilled resources each month to keep up, often performed in complex excel spreadsheets.
MYOB Advanced users can now cut time costs and provide automatic forecasts & reforecasts for your financial year end results & cashflow direct from the accounting software. With live data coming directly from MYOB Advanced, always updating the multiple forecasts & cash flow models, it’s easy to plan and make key decisions.
It’s time consuming and difficult to stay on top of outstanding debtors and understanding insights around your customers payment trends. Often you need to manage customers differently, and you don’t want to lose the personal touch with clients while wishing there was a more automated way than just calling or emailing each client individually.
Forecast Live helps you improve your cashflow by giving you automated tools and insights that work directly with MYOB Advanced to bring forward customer payments and assist in the collection of overdue accounts.