Vlaamse start-up automatiseert financiële rapportering en cash flow forecasting voor accountants

By utilizing a direct connection with your accounting software, all changes are immediately reflected in both your cash flow forecast and financial figures.
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‍⏩ #1: Real-time - no dual input

Each entry in your accounting software is automatically synchronized with Monitr. This eliminates the need for manual data entry, thereby reducing the risk of errors and double entries.
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⏩ #2: Enhanced accuracy and Detail

Moreover, Monitr utilizes an indirect cash flow forecasting method, integrated directly with your accounting software. This combination ensures reliable and real-time financial insights into your company.

Benefit from an in-depth cashflow forecast that transcends beyond basic income and expense tracking, providing you with a comprehensive and detailed financial overview.

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What does Monitr do, and how does it differ from its competitors? Join us and check out our investor pitch at The Big Score.

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💡 What is The Big Score?

The Big Score is a tech event aimed at showcasing the 40 most promising start-ups & scale-ups in Belgium. And in addition, an opportunity to connect them with international tech investors and -innovators.

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💡 How does Monitr differ from other competitors?

While anyone can make a forecast, the reliability of your forecast is often greatly defined by the way it's calculated. For this reason, Monitr adopts a fundamentally different approach in the following ways:

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⏩ #1: We don't simply extrapolate figures from the past.

Creating your forecast based on past figures is easy, but often inaccurate. Therefore, Monitr calculates your cash flow in real-time. This means you don't simply extrapolate figures from the past; instead, your budget is automatically built from scratch based on your accounting, budget modules, and live integrations.

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⏩ #2: We use budget modules.

A budget module features a step-by-step configurator that enables you to calculate your cash flow in a specific manner. This facilitates the composition and adjustment of a cash flow forecast using live data with just a few clicks. Consequently, it provides a more accurate and reliable view of your cash flow, affecting both short-term and long-term financial projections.

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⏩ #3: We build your budget completely from scratch.

Monitr adopts a bottom-up methodology for forecasting, meaning that your forecast is constructed from the ground up. This approach ensures that your financial projections are not merely extensions of past figures, but are instead based on a reliable assessment of your actual costs and revenues. As a result, it renders your forecast more credible, both in the short and long term.

With the mapping scheme, you can effortlessly decide how to segment accounts and integrate them into your cash flow forecast and financial reporting. You have two options: if your accounting solutions allows it, you can directly import your reporting structure for a swift setup. If that’s not feasible, Monitr provides the flexibility to either begin with a sector-specific template or fully customise your reporting structure yourself. Thanks to an automatic link to your accounts, your figures are assured to be updated automatically, ensuring your data is always current and accurate.

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Monitr Lite is designed to focus on real-time reporting, offering a detailed and in-depth balance sheet, income statement, and cash flow statement. Each report is fully customizable and can be rapidly personalized using templates. Monitr Premium offers more advanced features such as real-time cash flow visualization and rolling forecasting, making it ideal for customers who are seeking deeper insights and strategic decision-making through financial scenarios combined with live data.

Monitr simplifies the personalization of your financial reports and cash flow management by directly linking your accounting accounts to a flexible reporting structure, thanks to its direct connection with your accounting software. You can effortlessly customize and tailor your reporting structure in real time. Start by using a reporting template tailored to your industry, or fully customize your reporting structure to fit your own needs.

Monitr enables you to centralize all your customers within a single platform. You can easily personalize the reporting structure for each company using sector-based templates or by importing an existing reporting structure from an accounting solution. Moreover, each report can be customized through a mapping scheme, allowing you to tailor how your figures are broken down and displayed in your financial reports and your cashflow forecast. By managing all your clients withing one platform, linked to your accounting solutions, the figures for each customer will be automatically updated in real-time, ensuring you always and can present a real-time, accurate and reliable overview of their finances.

Certainly, we can arrange a test case for you. This can be organized using either data from an existing customer or fictional information. Please reach out to one of our specialists to discuss your specific needs to ensure a reliable test case tailor-fit to your office.

You can access references for Monitr in both Belgium and the Netherlands. For more detailed information, please reach out to one of our specialists