LivePlan Reviews and Ratings

Use Cases and Deployment Scope

With the implementation of LivePlan, we have a functional performance in all areas that require a very well thought out and developed plan according to the expenses and budgets of each project that we have to develop, all this is possible without having to resort to spreadsheet software. LivePlan is in charge of calculating our budget in real-time according to our specifications and the amount of money available. The way LivePlan creates charts and graphs to improve our business is phenomenal, we no longer have to resort to complicated spreadsheets from other software.

Likelihood to Recommend

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.

Use Cases and Deployment Scope

LivePlan is a very well-designed platform to establish robust planning strategies with fundamental bases in budget development, my finance department has avoided the frequent use of tools such as Excel, it is beautiful to know the possible financial results of the projects with the robust flow of cash register. LivePlan is robust for revenue management, and best of all, it's easy to use in the finance department.

Likelihood to Recommend

This tool is very favorable for the entire finance department, it gives us confidence with the robust management of income, cash flow, budget management, and data for planning future expenses. These are features that are robust and simple for everyone, there is no doubt to implementing LivePlan to build a robust financial system that can handle high expense processes.

Use Cases and Deployment Scope

LivePlan has been a key product in our company when dealing with planning of our company business. It makes it easy for us to keep our entire business enterprise organized for better productivity. More to planning, it offers us an outstanding platform for budgeting, keeping a track of our business progress a d performance as well as doing accurate forecasts on the future of our business. It has made it possible for us to simplify the planning and funding various business projects aimed at promoting the agility and the productivity of our business.

Likelihood to Recommend

Everything about business planning is a go for LivePlan. It makes it super easy to plan and fund various projects in your business which help improve your productivity and grow you business to next level. It has outstanding budgeting functionality aimed to make it easy for you to budget your business and perform various projects within specified budgets. Another outstanding functionality is the forecasting functionality which helps you predict the position and the progress of your business in the coming days, months and years.

Use Cases and Deployment Scope

LivePlan has filled the need for quick forecasting for the finance department. It allows the user to easily change assumptions, and forecast not only the income statement but also the balance sheet and cash flow statement. This ability has saved many hours of rebuilding excel models to be able to get management timely answers to scenario testing.

Likelihood to Recommend

LivePlan works well for companies [that] fit their revenue models. They cover a broad spectrum of budgeting and can do a really good job of asking questions that might be missed doing an excel budget. They can accurately give cash flow timing differences from payments from customers, and calculate payroll estimates in detail. On the other hand, if you have a very specific business model, this may not work well for you. There were a few instances where I had to work around their software to get the answers I was looking for, but overall I think it is a fantastic tool for the price.

Use Cases and Deployment Scope

LivePlan is my primary financial forecasting and issue raising tool. I build out annual Pro-forma in Q4 with detailed revenue and expense category forecasts. The ability to build revenue and expense forecasts by category and the appropriate level of detail is highly useful. Monthly, and especially quarterly, we can see if and where we are off track relative to original goals and make necessary adjustments in the business. In my opinion, this is the best tool of its kind for business owners/operators. Well done.

Likelihood to Recommend

It's most appropriate when properly set up by someone with a deep knowledge of PNL/Forecasting.

It's inappropriate for companies with poorly structured/inconsistently maintained financial statements.

Use Cases and Deployment Scope

Liveplan is used across the organization. Its purpose is to define our core business and to be our guidance for future decisions. In the beginning it was used just to write our business plan for our startup in order to present it to investors, now we use it to track our progress over time.

Likelihood to Recommend

It is great for startups and people that are still developing ideas. Once you are in the market it does not really have much of a use within an organization, at that stage it just becomes the reference to what core your business is. Tracking business growth is great, but again only for first 1-3 years in the market (depending on growth).