Logo of LiveFlow

LiveFlow

Website LinkedIn Twitter

Last updated on

Company health

Employee growth
34% increase in the last year
Financing
April 2024 - $21M

Ratings

G2
4.9/5
(45)

LiveFlow description

LiveFlow is a financial planning and analysis tool designed for businesses using QuickBooks Online. It allows you to import your financial data directly into Google Sheets or Microsoft Excel, creating live dashboards and reports. This eliminates manual data entry and ensures your reports are always up-to-date. LiveFlow offers pre-built templates and customization options for visualizations and analysis. The platform is particularly useful for multi-entity businesses needing consolidated financial insights.


Who is LiveFlow best for

LiveFlow automates financial reporting for QuickBooks Online users. It syncs data directly to spreadsheets, eliminating manual entry and ensuring up-to-date reports. Users praise its automated reporting and multi-entity consolidation, but some find initial setup complex. While it excels with pre-built templates and customization, some Excel reports lack the comprehensiveness of Google Sheet versions.

  • Best for small to medium-sized businesses (1-1000 employees) using QuickBooks Online.

  • Particularly well-suited for the Finance, Banking, and Insurance industry.


LiveFlow reviews

We've summarised 45 LiveFlow reviews (LiveFlow G2 reviews) and summarised the main points below.

Pros of LiveFlow
  • Real-time data syncing with spreadsheets eliminates manual data entry.
  • Automated reporting saves significant time and reduces errors.
  • Pre-built templates and customization options provide flexibility.
  • Consolidated reporting for multiple entities simplifies financial analysis.
  • Excellent customer support and responsiveness to feedback.
Cons of LiveFlow
  • Some Excel reports are not as comprehensive as Google Sheet versions.
  • Initial setup and GL account mapping can be time-consuming.
  • Limited integration with other platforms besides QuickBooks Online.
  • Complex or highly customized reports may require manual adjustments.
  • Occasional connection issues and data inaccuracies require verification.

LiveFlow alternatives

  • Logo of G-Accon
    G-Accon
    Supports more accounting platforms. Has grown its website traffic significantly faster.
    Read more
  • Logo of ZoneReporting
    ZoneReporting
    Better fit for NetSuite users. Integrates with Power BI for enhanced reporting and analytics.
    Read more
  • Logo of Jet Analytics
    Jet Analytics
    Better fit for medium and large enterprises. Has broader integrations with various accounting software. Serves a wider range of industries. Has more momentum in terms of website traffic growth. Offers customizable dashboards through Jet Dashboard Builder. Some users mention a steeper learning curve and complex implementation.
    Read more
  • Logo of Datarails
    Datarails
    Better fit for mid-sized businesses relying heavily on Excel. Has grown faster and boasts higher ratings and more positive user reviews. Offers robust features like drill-down capabilities and custom dashboards. However, some users find the Mac add-on performance lacking and custom logic creation challenging. A strong Datarails alternative for Excel-centric financial planning.
    Read more
  • Logo of xpna
    xpna
    Has broader accounting software compatibility including Xero, Sage Intacct, NetSuite, and SAP Business One. LiveFlow alternative geared towards those seeking an Excel-centric approach. Shows less momentum currently.
    Read more
  • Logo of LiveFlow: Advanced Reporting & Consolidation for QuickBooks Online
    LiveFlow: Advanced Reporting & Consolidation for QuickBooks Online
    More focused on mid-sized businesses. Better for users who prefer Excel.
    Read more

LiveFlow FAQ

  • What is LiveFlow and what does LiveFlow do?

    LiveFlow is a financial planning and analysis tool that integrates with QuickBooks Online, allowing businesses to import financial data directly into Google Sheets or Microsoft Excel. It automates reporting and dashboard creation, eliminating manual data entry and providing real-time, consolidated financial insights, particularly useful for multi-entity businesses.

  • How does LiveFlow integrate with other tools?

    LiveFlow integrates directly with QuickBooks Online, allowing for seamless import of financial data into Google Sheets or Microsoft Excel for live reports and dashboards. However, it currently lacks integrations with other platforms.

  • What the main competitors of LiveFlow?

    LiveFlow's main competitors include G-Accon for Xero, QuickBooks, or Freshbooks users, ZoneReporting for NetSuite users, Jet Analytics for visual reporting in Excel or Power BI, Datarails for Excel-based FP&A, and xpna for Xero or QuickBooks Online users working in Excel.

  • Is LiveFlow legit?

    LiveFlow is a legitimate financial reporting tool that integrates with QuickBooks Online. Users appreciate its automated reporting and multi-entity consolidation features, saving them time and reducing errors. However, initial setup can be time-consuming and integration with other platforms is limited.

  • How much does LiveFlow cost?

    I couldn't find pricing details for LiveFlow. For the most current pricing information, it's best to check their website directly. This will give you accurate product pricing and help determine if LiveFlow is worth it for your needs.

  • Is LiveFlow customer service good?

    LiveFlow's customer service is highly praised in reviews. Users highlight the team's responsiveness, helpfulness, and willingness to address feedback, contributing to the product's continuous improvement. They are commended for taking the time to guide users through any challenges.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.