Question 1

How is ProfitFlow different from classic expense management apps?

Accepted Answer

Classic expense management apps primarily focus on tracking past transactions, often leading to frustration about money already spent. ProfitFlow, on the other hand, focuses on forecasting your future cash flow, giving you control over what's coming. By looking ahead, you can proactively manage your finances and make informed decisions, rather than reacting to past spending.

Question 2

What is cash flow forecasting, and how does ProfitFlow help?

Accepted Answer

Cash flow forecasting helps to plan and predict your future income and expenses. ProfitFlow provides visual forecasts to help you make informed financial decisions.

Question 3

How long does it take to review cash flow forecast?

Accepted Answer

Once you get used to it, it only takes 15-30 minutes per week to stay on top of your cash flow.

Question 4

How often should I review my cash flow forecast?

Accepted Answer

We recommend reviewing your cash flow forecast weekly to stay on top of your finances.

Question 5

Is this an expense tracking app?

Accepted Answer

No, ProfitFlow is a cash flow forecasting tool. Even though it requires to reconcile past transactions it is fully focused on your future cash flow.

Question 6

Who is ProfitFlow for?

Accepted Answer

ProfitFlow is ideal for micro and small business owners, freelancers, individuals and families who want to gain control of their finances and make informed decisions about their financial future.

Question 7

What makes ProfitFlow different from other financial tools?

Accepted Answer

ProfitFlow's unique focus on future cash flow forecasting, combined with the 'My To-Dos' feature for Money Paths transfers, sets it apart from traditional expense tracking apps.

Question 8

Does ProfitFlow provide financial advice?

Accepted Answer

No, ProfitFlow provides tools for financial management. Any guidance is for informational purposes only and should not be considered financial advice.

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