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LiveFlow has proven to be an invaluable tool for users looking to streamline their data-entry processes and save time. Users have been …
Overview
What is LiveFlow?
LiveFlow is a financial analysis software platform designed to automate financial workflows and simplify financial management for businesses. According to the vendor, LiveFlow offers a wide range of features and templates to streamline tasks such as financial reporting, budgeting, cash flow management,...
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- Tech Details
What is LiveFlow?
LiveFlow is a financial analysis software platform designed to automate financial workflows and simplify financial management for businesses. According to the vendor, LiveFlow offers a wide range of features and templates to streamline tasks such as financial reporting, budgeting, cash flow management, and more. It is aimed at businesses of all sizes, from small startups to large enterprises. LiveFlow is utilized by accountants, CFOs, finance teams, SMBs, startups, and professionals in the technology industry and franchises.
Key Features
Live Budget vs Actuals: Create a live Budget vs Actuals Dashboard that updates automatically, eliminating the need for manual updates.
Consolidate multiple entities: Automatically consolidate financial data from multiple entities, simplifying the consolidation process. The vendor claims that it uses accurate exchange rates for consolidation.
Department reporting: Enable department leaders to take ownership of their financials by collecting inputs from department owners while maintaining central data control. Streamline department budgeting processes.
Track vendor spend: Gain insights into where the money is being spent by tracking vendor spend by GL (General Ledger) account. Get a comprehensive view of expenses.
Drill down into reports: Analyze underlying variances and drill into transactions directly in Google Sheets. Save time by avoiding the need to go back to QuickBooks for detailed analysis.
Balance Sheet reporting: Generate live and customizable Balance Sheet reports. Automate the process of creating and updating Balance Sheet reports. Access real-time financial data for better decision-making.
Cash Flow forecasting: Forecast cash flow with accuracy. Generate live and customizable Cash Flow reports. Automate the process of creating and updating Cash Flow reports.
Month-Over-Month dashboard: Monitor month-over-month performance with a live dashboard. Track key metrics and identify trends. Customize the dashboard to focus on the metrics that matter most to your business.
Live Forecasting: Use live data to create dynamic financial models. Import data and write custom formulas on top of it. Transform outdated models into live and dynamic ones.
Customizable and easy-to-understand reports: Set up reports once and ensure they are always up-to-date. Customize reports to meet specific needs. Share live and easy-to-understand reports with your team and clients.
LiveFlow Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based |
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- Business Problems Solved
LiveFlow has proven to be an invaluable tool for users looking to streamline their data-entry processes and save time. Users have been thoroughly enjoying the customizable reports and real-time data provided by LiveFlow. The ability to publish multiple company financials and custom metrics in a Google Sheet has been described as a game changer, allowing users to easily access and analyze their financial information in one place.
Once set up, LiveFlow works seamlessly, eliminating the need for manual downloading, copying, and pasting of data into spreadsheets. This not only saves time but also protects users from making mistakes such as pasting the wrong information into client spreadsheets. Users appreciate that LiveFlow simplifies their workflows and allows them to spend more time on higher-level work instead of tedious manual data entry.
The ease of exporting reports from QuickBooks to Google Sheets using LiveFlow has made analysis and reporting much easier for users. It eliminates the need for exporting data to Excel and provides a streamlined process for manipulating QuickBooks reports directly in Google Sheets. Users have found this feature to be a valuable time-saving tool that provides them with a real-time overview of their financial position.
The LiveFlow Google Sheets add-on has been praised by users as easy, handy, and a huge time saver for importing accounting reports. It has become a favorite app for preparing month-end reports and consolidating data across multiple QuickBooks accounts. Finance teams looking to speed up their workflows highly recommend LiveFlow for its efficiency in importing accounting data to spreadsheets. Overall, LiveFlow provides a seamless solution for managing financial data efficiently while saving time and improving accuracy for its users.