TrustRadius: an HG Insights company

LivePlan

Score8.8 out of 10

15 Reviews and Ratings

Get a Demo

What is LivePlan?

LivePlan is business plan software for entrepreneurs. Features include the pitch creation, sample plans, financial assessments, and performance dashboards.

Categories & Use Cases

Media

LivePlan
LivePlan
LivePlan
LivePlan
LivePlan

1 / 5

Reviews

What users are saying about LivePlan.
View all reviews

Charts and charts are created automatically.

Incentivized
Maggie Harder LawrenceView profile
Business Sales Manager in Sales at General Motors (10,001+ employees employees)

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.

Pros

  • LivePlan creates charts and graphs automatically to include the data to our business.
  • Creation of the budget in real time and without complex spreadsheets.

Cons

  • The daughters of calculations always generate long hours of work and loss of money, this is a thing of the past.
  • LivePlan has generated meeting our needs for budget control and plan creation.

Most Important Features

  • LivePlan automatically creates charts and graphs.
  • Balance sheet.

Return on Investment

  • Reduction of work time in spreadsheets.
  • Good features for budget forecasting.

The path to success is taking massive, determined actions, LivePlan is here to help you just to that. An outrageous business planning tool.

Incentivized
Mariana JonesView profile
National Key Account Manager- Fleet Sales in Finance and Accounting at IVECO ESPAÑA (10,001+ employees employees)

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.

Pros

  • 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.

Cons

  • The cost of the purchase packages is quite high.
  • It is not easy to transfer to word or pdf documents.

Most Important Features

  • The budgeting feature is very useful for creating sensible budgets.
  • The Forecasting feature helps us gain accurate insights about the future of our business.
  • The Performance tracking feature makes it possible for us to keep track of progress and how the business is performing.
  • The planning feature helps us generate very useful plans aimed at improving our business productivity.

Return on Investment

  • 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.

Alternatives Considered

Spendesk, Causal and Prophix

Other Software Used

Sage Intacct, BlueJeans Meetings, Microsoft Power BI

Robust cash flow tool

Incentivized
Riley Theressa MayerView profile
Financial Consultant in Finance and Accounting at General Motors (10,001+ employees employees)

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.

Pros

  • Robust cash flow system
  • Robust revenue management

Cons

  • Reports can be confusing
  • The cost is a bit high

Most Important Features

  • Cash flow management
  • Revenue management

Return on Investment

  • Robust impact on expense management
  • Robust system for personalized project budgeting

Other Software Used

Sage Intacct

Best in class for small companies!

Incentivized
Jason Ogden, PresidentView profile
President / Partner in Sales at Syrup (11-50 employees employees)

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.

Return on Investment

  • For the price, it's worth it for 2 main reasons. Knowing what's going on throughout the year (relative to goals/prior periods), and seeing precisely where financial issues are off track.

Alternatives Considered

Fathom Analytics

LivePlan - A Great Solution for Scenario Analysis and Straightforward Budgets

Incentivized
Verified User
Employee in Finance and Accounting (11-50 employees employees)

Pros

  • Budgeting
  • Forecasting
  • Scenario analysis
  • Cash flow analysis

Cons

  • More KPI measurement
  • Including more non-financial data
  • Ability to export formulas to excel

Most Important Features

  • Quick analysis
  • Budgeting
  • Cash flow impacts

Return on Investment

  • Better cash flow estimates
  • Better reporting to management
  • Better response times to scenario questions (what-if analysis)

Related Products

Products similar to LivePlan that may also meet your needs.
All comparisons
PlanGuru
CompareLearn more
Fathom by The Access Group
CompareLearn more
Aha! Roadmaps
CompareLearn more
Causal
CompareLearn more
Jirav
CompareLearn more
IdeaBuddy
CompareLearn more