Case Study: Myconeos improves cash flow forecasting with Brixx

Myconeos have utilised Brixx to help forecast and model their financial future

Myconeos, a food biotechnology company, partnered with Brixx to find a suitable tool for financial forecasting and modeling. The challenge was to effectively manage and forecast cash flow for grant applications and investor funding rounds, a task handled by their Commercial Director who needed a solution that integrated Profit & Loss, balance sheet, and cash flow statements in an accessible way.

Brixx provided its forecasting software, which was praised for its ease of use and clear presentation of financial data. The solution enabled Myconeos to successfully create the necessary cash flow forecasts to secure an Innovate UK grant. Brixx also offered support with workarounds for integrating with their Xero accounting system. The result is that Myconeos has relied on Brixx for three years to maintain up-to-date financials and proactively manage their cash flow on a weekly basis.

Myconeos

Richard Simpson

Commercial Director