LivePlan - A Great Solution for Scenario Analysis and Straightforward Budgets
November 13, 2021

LivePlan - A Great Solution for Scenario Analysis and Straightforward Budgets

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with LivePlan

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.
  • Budgeting
  • Forecasting
  • Scenario analysis
  • Cash flow analysis
  • More KPI measurement
  • Including more non-financial data
  • Ability to export formulas to excel
  • Quick analysis
  • Budgeting
  • Cash flow impacts
  • Better cash flow estimates
  • Better reporting to management
  • Better response times to scenario questions (what-if analysis)

Do you think LivePlan delivers good value for the price?

Yes

Are you happy with LivePlan's feature set?

Yes

Did LivePlan live up to sales and marketing promises?

Yes

Did implementation of LivePlan go as expected?

Yes

Would you buy LivePlan again?

Yes

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.