PlanGuru Software


 

PlanGuru is an on-premise business planning and budgeting solution for small businesses and nonprofits. The solution helps accountants to build financial forecasts, prepare budget analysis and address financial constraints of small businesses.

PlanGuru offers a budgeting software which includes tools to create and manage income statements, balance sheets and cash flow statements. With more than 20 forecasting methods, businesses can analyze and forecast their financial requirements for any period up to 10 years.

The suite solution comes with PlanGuru Analytics which is a cloud-based finance dashboard and reporting tool. PlanGuru Analytics is a fully customizable interface that helps accountants and financial advisors to monitor key financial KPIs for tracking business performance. Users can create private as well as shared dashboards, compare actual expenditure against planned budgets and use various charts and graphs for financial reporting.

PlanGuru also offers an advanced reporting Excel add-in which allows accountants to manage PlanGuru data in Excel and build reports. Users can watch tutorial videos or go through training content available on the website for detailed product info.

 

PlanGuru - General ledger
 
  • PlanGuru - General ledger
    General ledger
  • PlanGuru - Manage purchases
    Manage purchases
  • PlanGuru - Budget management
    Budget management
  • PlanGuru - Budget forecasting
    Budget forecasting
  • PlanGuru - Dashboard
    Dashboard
  • PlanGuru - Data reporting
    Data reporting
Supported Operating System(s):
Windows 7, Windows Vista, Windows XP, Web browser (OS agnostic), Windows 2000, Windows 8, Windows 10

16 Reviews of PlanGuru

 

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Software Advice Reviews (12)
More Reviews (4)

Showing 1-12 of 12

vicky from stonz
Specialty: Retail
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

Awesome Product Awesome Support

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

it is very easy to use, very flexible.
it saves my time and it generate results fast for planning.
the platform is easy for the eyes, help links are awesome.
lots of videos, articles, webinars!
awesome supports i.e. friendly and knowledgeable.

Pros

friendly flexible fast

Cons

they really need to have monthly for current year plus next 3 years
many businesses are seasonal

Advice to Others

try it!!

 
 

Victor from Rhizoma Ventures, Inc
Specialty: Real Estate
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

Good product but far from the ideal Forecasting software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Plan Guru is an excellent product, specially considering that there are no products out there with this many features at this price level. If you want to have the best products you will have to pay tens of thousands every year, ie. Budget Maestro. However I think PG has some room for improvement, such as

1.- More flexibility in the automatization for the recording of Historical and actual values. Not even copy and paste is possible.
2.- Make it more friendly. PG can only be mastered by someone with a strong background in Finance
3.- Expand reporting capabilities and allow to export reports to excel with up the 36 months instead of only 12 mo.
4.- Develop a Mac version or a web version
5.- Develop Inventory module and allow for supporting schedule on the Balance sheet
6.- Flexibility in putting some values ( ie. interest expense) in the balance sheet for capitalization purposes

Pros

-Once you have all the numbers, projections are very fast and exact.
-Income Statement, Balance Sheet and Cash flow integration
-Links to excel files

Cons

- The link process is very long and tedious
- No possibility of using formulas in the actual and historical data
- Need an inventory module
- Need Supporting schedule for the Balance sheet

Advice to Others

If you work mostly by yourself and need a good integration when dealing with financial forecasts, this is the product.
If you need a company product with colaboration, tPG is not very friendly

 
 

Howie from Rex
Specialty: Manufacturing
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

Guru

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Don't like it it faults out alot.it was very easy to use but it just doesn't wo4k sometimes.

Pros

Really easy to use

Cons

Just stops working

Advice to Others

Consider a different program

 
 

sean from Raptim Humanitarian Travel
Specialty: Hospitality / Travel
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

PlanGuru forecast software

Ease-of-use

Functionality

Product Quality

Customer Support
N/A

We purchased this software after reviewing many company options. Our funds to purchase budget/forecast software was minimal. We came across PlanGuru, whose price point was within our budget. I can tell you the software performs just like any other budget/forecast software. It is compatible with QuickBooks, so you can import your G/L into the software at will. Once the data is imported, you can begin forecasting by month, year, etc. You can also save unlimited number of files for historical review. The software is very user-friendly and customer service is very responsive. I would highly recommend this software for those companies with minimal money to spend on forecasting software.

 
 

Joshua from MRZ
Specialty: Accounting / CPA

September 2016

September 2016

Budgeting/Forecasting

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Value for Money

Likes Best

Able to send portions of the budget to other people in the firm to fill out and return to me.

Likes Least

Took a little time to get the hang of, but a good product.

Recommendations

It is cheaper than other software (prophix), and seems to do the same thing.

 
 

Susan from McIntosh Capital Advisory Services Inc.
Specialty: Consulting

June 2016

June 2016

Required a forecasting software to present high quality reports

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

Anytime I have had a problem they were able to resolve it quicky

Likes Least

Software has a bit of a learning curve to become proficient rapidly. However support provided compensates.

Recommendations

Take the courses offered so you can get up to speed quickly.

 
 

Jody from Summit cpa group
Specialty: Accounting / CPA

April 2015

April 2015

Great product. A must have for all forward thinking companies.

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

It is easy to use. It is the only product in the market that I am aware of that focuses on the balance sheet and in particular cash.

Likes Least

Reporting features could be enhanced. Would like to be able to hide accounts that are no longer in use. When reporting condense some categories while expanding others.

Recommendations

It is nice that you can make small changes to the assumptions that don't take hours to see the results.

 
 

Tara from Acuant
Specialty: Software / Technology

February 2015

February 2015

Good for small businesses

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

The reporting exports are nice and clean. It is easy to upload information for historical data. The use of the overall product seems good. Although, the RE and NI seems to be calculating opposite of what I would expect to see. The program can be self taught and that is always good.

Likes Least

You can't seem to see Prior year over Current year, only Actual to Budget.

Recommendations

Beware that it does have limitations. However, it is a good product for small businesses.

 
 

Lauren from McBride Enterprises, Inc.
Specialty: Real Estate

September 2014

September 2014

PlanGuru Review

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

It has saved a lot of time building reports.

Likes Least

It was a little difficult getting in contact with someone for help after the initial setup and training.

Recommendations

You don't need to spend thousands of dollars to get a good program. Don't disregard a product because it seems too cheap.

 
 

Robert from Floris London
Specialty: Retail

September 2014

September 2014

Excellent Budgeting Product

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

I like its simplicity. The support is quick. The product has all of the functionality to produce a consolidate the P&L and balance sheet.

Likes Least

Consolidating takes a while and needs to be organised.

Recommendations

Try the free download. You will see how easy it is to use.

 
 

Eric from Kinova Inc.
Specialty: Engineering

July 2014

July 2014

PlanGuru - Software for small business

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

PlanGuru is good software. One of its key advantages is you can import all your data from any accounting system, and it is really user-friendly software. Support was really helpful at the beginning, and it made my experience with PlanGuru better. It's good software for the price. It was one of the cheapest when I bought it.

Likes Least

My version of PlanGuru still has some bugs. When I import my data, the software notes the import date in the right account. It seems it doesn't recognize the information. Between each import, the description of some accounts are changed, so I have always to re-link the account or manually enter some accounts. I think using only a description as common information for the import is inefficient. People should use the account number.

Recommendations

Solve the problem with the data import. Cash-flow isn't user-friendly.

 
 

Gary from Phytel, Inc.
Specialty: Software / Technology

May 2014

May 2014

My Review of PlanGuru

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

I like the product's flexibility. Most companies can handle the forecasting of a P&L fairly well using Excel. PlanGuru excels in that not only does it forecast the P&L well, but it also has the flexibility of computing the balance sheet and cash flow, using our calculation method. This enables us to perform "What if" analyses with various revenue numbers that will simultaneously create a P&L, Balance Sheet, and Cash Flow that all work together.

Likes Least

Nothing. I think this is a great product for the dollar.

Recommendations

Be prepared. Have a clear idea of the supporting data and calculations in building your P&L and Balance Sheet. This will enable you to be most efficient in your implementation.

 
 
 
Showing 1-4 of 4

Rakesh Sharma

May 2013

May 2013

Simplify Your Accounting Practices

Product Quality

Product Quality
Quality

Perhaps, the tool’s greatest benefit lies in its ability to automate and simplify complex budgeting and forecasting practices. That it does this without the help of messy and unwieldy excel sheets is fantastic. PlanGuru also provides comprehensive analysis for your line items. For example, modeling techniques enable you to accrue expenses or declare dividends in multiple formats.

Pros

Excellent and extensible tool to simplify complex accounting

Cons

Interface can be made more attractive and simple

Source: GetApp
 

George from Valley of the Sun YMCA

October 2010

October 2010

VOSYMCA

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

Great top level planning tool

Pros

Easy to Use, Very Intuitive

Cons

seasonality not deep enough

Source: Capterra
 

Jeff from Jeff Sully, CPA

October 2010

October 2010

Great value in cash flow planning

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

Overall a great cash flow program for the price. it has many features that programs 10 times the price do not have.

Pros

Plan Guru is a straightforward application for generating cash flow statements. I have used the product since 2003, and have watched it evolve from a simple tool to a more sophisticated application. The company has been receptive to user requests such as increasing the size of database fields to allow larger numbers, adding supplementary schedules, and direct cash flow projections.

Some of the debt amortization wizards are very handy, providing current portion of LTD in addition to amortizing loan balances and interest charges.

They have also included some valuation and ratio analysis work papers that are very handy.

This is a small company (at least it operates as one) where you can actually talk to a real live person.

All in all, it is a very good application for the price.

Cons

The application occasionally will show some instability, but this has been vastly improved over earlier versions. There are recovery routines so most of the data is not lost. The crashes seem mostly due to print driver compatabilities. The developers are pretty good at fixing these issues.

Large, complicated formulas may run into size limits when calculating dollar outcomes. When this occurs, I have created interim formulas in a workbook to get to the final formula.

It's nice that the application has supplementary schedules for the P&L. However there are no such supporting schedules for the balance sheet. Much of the work I do is in the balance sheet. It would nice to have a supporting schedule that would clean up the balance sheet presentation.

The learning curve can be a little steep for the novice user. The application was developed by CPAs for CPAs, although this application is valuable for private companies.

Source: Capterra
 

Mohamed from MSN Associates Inc.

October 2010

October 2010

PG workings

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

I have installed it in several of my clients and it has improved planning systematically.

Pros

It is able to model assumptions well and gives the user a range of ways that assumptions can be input. The level of detail is also good.

The flow of the Balance Sheet and cash flow is easy to understand.

Cons

Unable to model asset based lending situations that has special charhacterisitics.

Source: Capterra