Financial planning has become a regular exercise for the majority of businesses and their accountants. This enhanced financial scrutiny is a new way of working for some and should remain in place as best practice for the long term. 

To help with this, there are some amazing apps that work seamlessly with Xero to forecast business cash flow. It can be tough to know which solution is right for you. Read on to find out which tools are best suited to your business – and see how these tools work below.

Start with data accuracy 

To generate a clear view of your business’ cash flow, first you need to make sure you’re capturing the right data in Xero.  

There are lots of tools available that capture all the information you need – from bank transactions to expenses and more. 

  1. Automatic bank feeds: Bank feeds are one of the greatest

I think it’s fair to say that we are all aware of the power of data through technology. It’s been used to predict political outcomes, it’s been misused, but it can, and, should be used for good. 

The GDI came about when a group of friends working in the tech sector saw the potential to help others harness the power of data. In early 2019, the GDI began its journey as a provider of pro-bono data and analytics consulting services to the not-for-profit (NFP) sector, by connecting mission-driven organisations with data and analytics (D&A) professionals.

The GDI team quickly learned how nuanced the needs of NFP organisations are, and that all are on a very different stage of their data and analytical journeys.

The GDI has already worked with a wide range of NFP, charities and social enterprises including groups like Rape Prevention Education, Pauline Foundation and