LivePlan vs. Trovata

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
LivePlan
Score 8.8 out of 10
Small Businesses (1-50 employees)
LivePlan is business plan software for entrepreneurs. Features include the pitch creation, sample plans, financial assessments, and performance dashboards.
$15
Monthly & Annual billing options available
Trovata
Score 6.0 out of 10
N/A
Trovata helps businesses automate the work it takes to gather and normalize all of its financial data. Trovata lets finance and treasury teams access, build, manage, and control their own trove of financial data – from banks, business & accounting systems, and external markets. For cash forecasting, Trovata collects and normalizes data, then generates a forecast. Trovata leverages machine learning to establish a forecast baseline, analyze historical data trends and increase forecast accuracy.
$2,400
per month
Pricing
LivePlanTrovata
Editions & Modules
LivePlan Premium
Starting at $30/month
Monthly & Annual billing options available
LivePlan Standard
Starting at $15/month
Monthly & Annual billing options available
Mid Market
$2,400
per month
Small Enterprise
$3,500
per month
Enterprise
custom pricing
Offerings
Pricing Offerings
LivePlanTrovata
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsLivePlan Standard Includes: - Step-By-Step Instructions - Automatic Financial Statements - Full Financial Forecast - One-Page Pitch Builder - 500+ Sample Plans LivePlan Premium includes everything in Standard, plus: - Industry Benchmark Data - Financial Forecast Scenarios - Performance Dashboards - Milestone Planner - LiveForecast - Syncs with Xero & QuickBooks All subscriptions come with a 60-day money-back guarantee and access to expert customer support.
More Pricing Information
Community Pulse
LivePlanTrovata
Best Alternatives
LivePlanTrovata
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 9.1 out of 10

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10

No answers on this topic

Enterprises
OneStream
OneStream
Score 8.8 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
LivePlanTrovata
Likelihood to Recommend
9.6
(6 ratings)
9.0
(1 ratings)
User Testimonials
LivePlanTrovata
Likelihood to Recommend
Palo Alto Software
All businesses require solutions and tools for organization and control of expenses, spreadsheets were always the first option, but since the arrival of LivePlan, all work is easier and more automated. With LivePlan we have charts and graphs that are automatically created based on our data, this is a great time and money saver. LivePlan is a tool that has worked from day one and has met our expectations in creating the total budget.
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Trovata, Inc
If you want to know how much cash you have, forecast more quickly, and manage cash flow with precision, then Trovata [is] the cash management you need. The account integration and the capture of data are really easy to use. It's a program you can learn quickly [about] how it functions and will be really valuable in your company.
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Pros
Palo Alto Software
  • It makes it easy and simple to plan and budget the business.
  • It allows creating of accurate business forecasts.
  • It has detailed yet easy to use and customize built-in templates to help you get along with business planning easily.
  • It integrates and works perfectly well woth accounting tools like QuickBooks such that it is easy to import the accounting data.
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Trovata, Inc
  • You can run "what if" scenarios.
  • Trovata has alerts/notifications.
  • [It has] dashboard creation.
  • [It is] easy to visualize the data.
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Cons
Palo Alto Software
  • UX: It's beyond time for an overhaul, especially on mobile. It can make the app seem dated.
  • The accounting software integration has been prone to break and need to be re-setup, though that seems to have improved.
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Trovata, Inc
  • Have a better transaction monitoring
  • Deploy a desktop program
  • Have videos for training and use
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Alternatives Considered
Palo Alto Software
We did not really find a similar solution. All other solutions are focused on project management, [there's] nothing on generating a business plan. There is nothing on this level that helps people without any business experience write the plan. They have samples, instructions what to write where, how to prepare for pitching, and generate dashboards. Nothing in this market gets anywhere close to this solution.
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Trovata, Inc
Trovata supports the users to connect directly with their banks. For example, for our organization, we can check all the cash data, make a report, and forecast more accurately with precision, and that's because you can find all the information on one platform. In comparison to other apps, the [customer] service from Trovata [is] amazing. They've been supportive and always respond very quickly when you have questions or don't know how to do something.
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Return on Investment
Palo Alto Software
  • It has made it easy to create sensible budgets and run our business within the proposed budgets to avoid overspending.
  • It allows us to keenly follow up and keep track of how the business is performing thus getting to know on which ares we should improve.
  • It helps us have accurate future insights of the position of our business thanks to its forecasting functionality.
  • It helps us to create outstanding business plans and fund the plans which help us grow our business by improving its productivity.
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Trovata, Inc
  • Trovata helps us with the risk because of their capability [to] run "what if" scenarios, we can know if we need to invest the money or not.
  • With real-time data and monitoring, we can be sure [of] how much money we have at the moment.
  • We can track all the transactions thanks to Trovata.
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ScreenShots

LivePlan Screenshots

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Trovata Screenshots

Screenshot of Trovata