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LivePlan Professional, Scientific, and Technical Services Reviews & Insights

Score8.8 out of 10

15 Reviews and Ratings

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Community insights

TrustRadius Insights for LivePlan are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Pros

Easy and Simple Planning: Multiple users have praised LivePlan for its ease of use and simplicity in planning and budgeting their businesses. They have found the software to be user-friendly, even for individuals without prior business knowledge, with everything explained in detail. This has made it easier for them to write professional business plans.

Seamless Integration with Accounting Tools: Reviewers have highlighted the seamless integration of LivePlan with accounting tools like QuickBooks. This integration allows for easy importation of accounting data, which can then be included in automatically generated charts and graphs. Users appreciate this feature as it saves time and ensures accurate financial analysis.

Comprehensive Financial Planning Features: Many users have commended LivePlan for its robust financial planning capabilities. The software offers budgeting, forecasting, scenario analysis, and cash flow management functionalities that allow for comprehensive financial planning and analysis. These features are seen as valuable tools for effective decision-making in managing the financial health of a business.

LivePlan Reviews

1 Review
Professional, Scientific, and Technical ServicesMarketing & Advertising1

Best in class for small companies!

Rating: 10 out of 10
Incentivized

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.

Pros

  • It integrates with accounting software.
  • Shows appropriate levels in depth analysis.

Cons

  • 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.

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.
JO
Jason Ogden, President
President / Partner in Sales at Syrup (Marketing & Advertising, 11-50 employees)
Vetted Review
LivePlan
5 years of experience
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