Integrate your cost of goods sold in your cash flow forecast

With Monitr, adapting your reporting structure to fit your company's needs is straightforward. Besides offering a balance sheet, an income statement, and a cash flow statement, Monitr allows for individual adjustments and personalization of each report.

You have the option to start with a reporting template tailored to your industry or to import your own reporting structure from your accounting software. Moreover, Monitr enables you to quickly gain insights into your figures, break down totals, and utilize analytical axes, such as cost centers, cost units, and projects, among others.

Monitr serves as the ideal spreadsheet companion, offering functionality in both directions. You can upload your data to Monitr, import your reporting structure, or export your data back to spreadsheets. Moreover, Monitr ensures that your data is always live, achieved through three key methods: a direct link with your accounting software, budget modules, and various integrations. In essence, Monitr eliminates the need for manual data matching, enabling automatic updates in real-time. This ensures that your figures are always accurate and up to date.

Monitr connects easily with your accounting, project management, CRM, subscription management and other operational tools. Click here to check the full overview of our integrations.

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Didn't find your integration? Monitor makes new connections with existing software programs on a daily basis. Click here to request an integration or talk to an integration expert directly.

Monitr provides an efficient solution for synchronizing your accounting data. However, it operates on a one-way traffic basis, meaning that Monitr imports data from your accounts but does not alter it. This ensures the protection of your data and guarantees that your figures are always current and up to date.

Monitr uses a budget builder that allows you to create a modified version of an existing budget and simulate the impact on your cashflow in real time. Want to experience it firsthand? Check out our interactive demo here.

With Monitr, you pay a fixed amount per month based on your turnover. You get access to all functionalities and can connect as many integrations as you need.

Certainly, you're welcome to experience Monitr for free with our 14-day trial. No credit card is required, and there's no automatic renewal upon expiration. Simply link your accounting software, customize your reporting, and directly take advantage of the ability to simulate your cash flow. Compare your financial performance, utilize rolling forecasts and financial scenarios, and track your cash balance in real-time.

You can cancel Monitr at any time at no extra cost. Try Monitr for 14 days for free, with no credit card or automatic renewal.

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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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