LiveFlow Review
What is LiveFlow?
LiveFlow is a one-stop finance hub solution that integrates with different financial streams, like payment solutions and accounting platforms. It’s a fully automated next-generation spreadsheet that keeps you from wasting time manually updating your ledger and other financial sheets. You are also able to get full visibility and control over your finances in real-time.
One of its major features is the dashboard tools that lets you create custom dashboards filled only with financial details that you want to monitor. You can also use your spreadsheet as a live dashboard that you can share with the team, while in full control over who can see which parts. Furthermore, you don’t have to create a dashboard from scratch because there is a template library that can greatly expedite the process.
LiveFlow also places great value on privacy and security. It encrypts all data, whether they are at rest or in transit. The native database authentication and encryption also ensure that your financial data are never leaked or modified.
Show MoreOverview of LiveFlow Benefits
Custom Shareable Dashboards
LiveFlow lets you create personalized dashboards containing all the data you want to keep tabs on. These dashboards can also be easily shared with other users who only get to view information that they are authorized to, thanks to the different access levels that you can set. Moreover, you can turn your spreadsheet into a live dashboard and share it with others too. A library of premade dashboards is also available.
P&L Performance Monitoring
LiveFlow lets you measure Profit and Loss statements across different time periods. This means that you can be updated with weekly P&L figures or you can choose to sync monthly actuals with your financial plans. There are also the options of generating quarterly overview, yearly financial reporting, and finally, metrics for a custom period for any time of your choosing.
Finance Tracking and Analysis
LiveFlow helps you monitor different aspects of finances by monitoring, comparing, and analyzing your products, location performance, and departments. For instance, you can instantaneously compare the performance of different products so you know which ones are supposed to sell more. This is helpful for making smarter, data-driven inventory management decisions. The same goes for departments and locations – you can compare them in a snapshot to know which ones cost the most to help you identify what actions to take next.
Show MoreOverview of LiveFlow Features
- Dashboard Template Library
- Real-time Google Sheet Update
- Custom Dashboards
- User Control
- QuickBooks Integration
- Xero Integration
- NetSuite Integration
- GDPR Compliance
What Problems Will LiveFlow Solve?
Data aggregation for growing startups:
Danny is the Head of Finance at Nova Credit. Nova Credit is a startup that launched in 2016 that helps people transfer their credit score to the US so they can get easier access to loans.
Danny is the only finance professional in the 80-people startup, which means he does bookkeeping, accounting, management reporting, board reports and a lot more. As a result, he’s always looking for ways to save time so that he can add more value and help Nova Credit grow. One of Danny’s key responsibilities is to create a monthly financial report – A crucial dashboard for the whole company to track their core metrics. It’s nearly impossible to bring data into his sheet without headaches and hours wasted.
That’s where LiveFlow steps in – a fully automated spreadsheet that helps Danny bring all of his data together, which he can turn into visually appealing dashboards for himself and the team.
Consolidating data across multiple entities/accounts:
Pierre is a Finance Manager at a company locates across two countries: UK and France. The end-month reporting is a complete nightmare for him since it requires him to consolidate the data across those entities via manual uploads of CSV files, then do currency conversion and triple-check data to make sure everything is correct and up to date – it takes a week to do this. With LiveFlow, it’s a matter of seconds – Pierre plugs in his international accounts and sees consolidated data with converted currencies on the fly.
Collaboration with other teams:
To prepare a monthly report and budget for the next period, a finance manager needs to talk to all of the departments and make sure everyone is aligned. This can easily be a headache since they need to control who sees what and make sure any sensitive data is not leaked. Moreover, they need to forward files via Slack/email//discuss over the phone which makes the process cumbersome and synchronized. With LivevFlow, all of the team members stay on the same page and have an overview and access to what they need to manage.
Awards & Quality Certificates
LiveFlow Position In Our Categories
Since companies have their own business wants, it is only prudent that they abstain from buying an all-in-one, ”best” software system. Nevertheless, it would be almost impossible to stumble on such application even among widely used software products. The efficient thing to undertake should be to tabulate the various significant functions that require investigation such as essential features, price terms, skill ability of the users, business size, etc. Next, you should perform the research thoroughly. Have a look at these LiveFlow evaluations and scrutinize the other software programs in your shortlist more closely. Such well-rounded research ascertains you steer clear of unfit apps and select the one which includes all the aspects your business requires in growing the business.
Position of LiveFlow in our main categories:
Every business has its own characteristics, and may require a particular type of Financial Reporting Software solution that will be designed for their business size, type of clients and staff and even individual industry they cater to. It's not wise to count on finding an ideal app that is going to work for every company regardless of their background is. It may be a good idea to read a few LiveFlow Financial Reporting Software reviews first and even then you should remember what the service is supposed to do for your business and your employees. Do you need an easy and intuitive solution with just basic functions? Will you actually make use of the complex tools required by experts and big enterprises? Are there any particular tools that are especially practical for the industry you work in? If you ask yourself these questions it is going to be much easier to locate a solid solution that will match your budget.
How Much Does LiveFlow Cost?
LiveFlow Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are LiveFlow pricing details?
LiveFlow Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
LiveFlow SMB and enterprise pricing details are available only upon request. Contact the vendor for more information.
User Satisfaction
Positive Social Media Mentions
20
Negative Social Media Mentions
0
We know that when you choose to purchase a Financial Reporting Software it’s crucial not only to see how professionals evaluate it in their reviews, but also to check if the actual clients and businesses that use this software are indeed satisfied with the product. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and LiveFlow reviews across a wide range of social media sites. The information is then featured in a simple to digest way revealing how many customers had positive and negative experience with LiveFlow. With that information at your disposal you should be ready to make an informed purchasing decision that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Small Business
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for LiveFlow?
LiveFlow can connect to over 14,000 UK and US organizations, as well as integrate with business solutions such as:
- Xero
- QuickBooks
- NetSuite
- Google Sheet
- Stripe
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