Free Site Registration

LivePlan Updates Design, KPI Features


LivePlan, the cloud-based business planning and small business management tool created by Palo Alto Software, launched an update Wednesday that includes a design facelift and new key performance indicator tracking features.

Sabrina Parsons

The product’s scoreboard feature, a dashboard that visualizes a business’s finances at any given moment, has been redesigned with new colors, fonts and charts to modernize the look and make key numbers easier to find.

“It is proven that business owners who plan and track their financials daily grow thirty percent faster,” stated Sabrina Parsons, CEO of Palo Alto Software. “But, sometimes it can be difficult to understand key insights into your business when you’re searching through endless spreadsheets from your accounting system. The scoreboard highlights the most important information you need in the form of a simple, visual presentation.”

Integrated with QuickBooks (Desktop and Online) and Xero, the update is now available to all LivePlan users, who can now use the scoreboard to track eighteen key numbers critical to understanding their business’s health. The scoreboard, which crunches accounting data and tracks metrics like revenue, expenses, net profit and cash on hand, now also breaks down KPIs on a more granular level.  

“While it is important to track crucial data points like revenue and expenses, digging deeper into your business’ financial health can make or break your future,” stated Parsons. “Tracking all data points possible is the best way to ensure that your business is on track and allows you to spot problem areas before they arise.”

Additionally, the tool’s more than 250,000 users worldwide can now customize the charts and period of time through which they view data.

These updates reflect what Parsons described in June as LivePlan’s fundamental offering to accountants in "an era of data."

“Accountants can arm themselves with the knowledge and tools to be a strategic advisor,” she said. “Small business owners think they’re already doing that.”

More details on the update are available here.


Be the first to comment on this post using the section below.

Add Your Comments...

Already Registered?

If you have already registered to Accounting Today, please use the form below to login. When completed you will immeditely be directed to post a comment.



Accounting Technology


The Virtual Firm

November 7, 2013

Jennifer Katrulya, CEO of the Business Management Resource Group, discusses how to run an accounting practice from an iPad or other mobile device in a virtual environment, in an interview with managing editor Tamika Cody at Accounting Today's Growth & Profitability Summit in Orlando.

Social Media Tips for Professional Services Firms

October 9, 2013

Social media strategist Adrian Dayton and BeachFleischman PC chief marketing officer Eric Majchrzak discuss how accounting firms and other professional services firms can use LinkedIn, Google+ and other social networks to market their offerings to potential clients, and use search engine optimization to showcase their content, in an interview with Accounting Today senior editor Danielle Lee.

Top 10 Tech Trends for 2014

March 3, 2014

As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments. As we begin 2014, James Cashin, partner at McGladrey, has identified ten common strategies in how companies are capitalizing on their IT investments to best implement process improvements and increase performance.