Still Using Spreadsheets? Why Smart Advisors Are Switching to CashPeek

Make CashPeek Budgets On Time & Accurate

Spreadsheets have long been the go-to tool for budgeting and cash flow forecasting, they are a great tool don't get me wrong. We still use them all of the time but now not for our Budgets.

Spreadsheets are familiar, flexible, and, let's face it, free. But as businesses grow and financial landscapes become more complex, many advisors are finding that spreadsheets just don't cut it anymore.

Enter CashPeek, a modern solution that's changing the game for financial advisors and their clients.

Who uses it? Accountants, finance brokers, consultants and business coaches. Other than the business themselves they find it's simple to use and create a budget not in 3hrs but 5mintues once you have your first budget sorted.

The Limitations of Spreadsheets

While spreadsheets offer a customisable platform, they come with their own set of challenges:

• Error-Prone: Manual data entry increases the risk of mistakes, which can lead to inaccurate forecasts.

• Time-Consuming: Updating spreadsheets requires significant time and effort, especially when dealing with multiple clients or complex financial scenarios.

• Lack of Real-Time Data: Spreadsheets don't automatically update, meaning advisors might be working with outdated information.

• Collaboration Challenges: Sharing and collaborating on spreadsheets can be cumbersome, leading to version control issues.

  
  

These limitations can hinder an advisor's ability to provide timely and accurate financial guidance.

Why Advisors Are Embracing CashPeek

CashPeek is a budgeting and cash flow forecasting tool designed with advisors in mind. Here's why it's gaining traction:

• Integration with Accounting Software: CashPeek seamlessly integrates with platforms like Xero and MYOB, allowing for real-time data synchronisation. This means advisors always have access to the most current financial information.

• Dynamic Budgeting: With features like Dynamic Peek, advisors can create and adjust budgets on the fly, ensuring forecasts remain accurate as financial situations evolve.

• User-Friendly Interface: CashPeek offers an intuitive interface, making it easier for advisors to navigate and manage multiple client accounts efficiently.

• Enhanced Collaboration: The platform allows for easy sharing and collaboration, ensuring all stakeholders are on the same page.

• GST Modeling and Code Mapping: Advisors can adjust GST payments within budgets and match AgCodes with existing codes, streamlining the forecasting process.

  
  

Real-World Impact

Advisors who have made the switch to CashPeek report significant improvements in efficiency and client satisfaction. By reducing the time spent on manual data entry and increasing the accuracy of forecasts, advisors can focus more on strategic planning and value-added services.

One user noted, "After moving from an older software to Xero, we were looking for something to do our budget and keep track of our actuals vs budget, which CashPeek does very well! Any problems we have run into have been very quickly addressed by their fantastic development team!".

While spreadsheets have served their purpose, the demands of modern financial advising call for more robust solutions. CashPeek offers a comprehensive, efficient, and user-friendly platform that addresses the shortcomings of traditional spreadsheets. For advisors aiming to provide top-tier service and stay ahead in a competitive landscape, transitioning to CashPeek isn't just a smart move—it's essential.

Budget Better with CashPeek. Sign up for 1 Month FREE.

As an advisor to businesses please email info@aglytica.com and we can get you up as a consultant user.