Cash Flow is DANGEROUS withOUT ALL Planned Spending
CASH FLOW FORECASTING / PROJECTING IS THE HOLY GRAIL!
CASH FLOW PROJECTIONS ARE DANGEROUS WITHOUT ALL PROJECTED MONEY IN/OUT
Without accurate forecasting, taking into account known/planned/forecasted money in/out, Simplifi Cash Flow tool will be DANGEROUS to users because of the current inherited design provides false outcomes.
Obviously, the Simplifi team understands this to be true.
1. Simplifi team understands financials better than the average person.
2. Simplifi team acknowledges Planned Spending and Savings Goals as the two most Frequently Asked Questions.
Since everyone agrees Planned Spending and Savings Goals MUST to be included in Cash Flow Projecting, why has Simplifi not included these two critically important expense items into the platform when the technology exists as seen on a plethora of other platforms for decades?
It is a very serious question. Therefore, I hope Simplifi takes it seriously.
Can the decision maker(s) please provide users a serious answer with specific reason(s) why these critically important expenses do not exist today along with a reasonable stated timeline as to when these critically important times will be available to users in the Simplifi Cash Flow Projection tool?
Thank you,
Anthony
Learn the answers to frequently asked questions for this topic!
Does the Projected Cash Flow include Planned Spending items?
At this time, the Projected Cash Flow only accounts for Recurring Bill, Subscription, and Income Reminders, as well as future-dated transactions and expected Refunds; it does not include Planned Spending Items from the Spending Plan.
Does the Projected Cash Flow include Savings Goals?
At this time, the Projected Cash Flow only accounts for Recurring Bill, Subscription, and Income Reminders, as well as future-dated transactions and expected Refunds; it does not include Savings Goals.
Comments
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Hello @iml84myd8s,
Thanks for sharing your feedback with the Community!
We have a couple of existing requests for the ability to include both Planned Spending items and Savings Goals in Projected Cash Flow that I'd definitely recommend checking out and adding your vote and feedback to.
You can also follow these Idea posts to be notified of any updates on these abilities. I hope this helps!
-Coach Natalie
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