User Reviews
PlanGuru by PlanGuru
USER REVIEWS - All reviews
Purchased Date: January 01, 2009
CFO, Valley of the Sun YMCA
October 17, 2010
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Pros
Easy to Use, Very Intuitive
Cons
seasonality not deep enough
Overall
Great top level planning tool
Purchased Date: August 01, 2010
Owner, Jeff Sully, CPA
October 14, 2010
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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.
Overall
Overall a great cash flow program for the price. it has many features that programs 10 times the price do not have.
Purchased Date: January 01, 2008
CFO Consultant, MSN Associates Inc.
October 14, 2010
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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.
Overall
I have installed it in several of my clients and it has improved planning systematically.
