Enloop is a business plan software and financial forecasting tool. Its features include automated text writing, real-time performance score, ratio analysis, and a customizable business plan design. It has fees that start at $19.95 per month and is best for entrepreneurs who need a quick way to create detailed business plans.
Enloop Pros and Cons
Ease of use
Needs more creative design options
Automated text writing
Lacks user training materials
Who Enloop Is Best For
- Those who are pressed for time and are in need of a quick solution to finish a business plan: You can utilize Enloop’s automated text writing feature that syncs with your data and updates the business plan with customized text.
Enloop’s pricing page shows two paid subscriptions with fees that start at $19.95 per month. The plans differ in the numbers of ratios analyzed and the teams or shared users that can be accommodated.
Numbers of Business Plans
Numbers of Ratios Analyzed
Numbers of Teams or Shared Users
*Lump sum billing
All plans offer automated text writing, text and data syncing, real-time performance score, pass/fail report and certificate, country currency formatting, charts, and data formatting (text, images, tables). Financial report details are automatically generated and can cover up to 36 months. On a tangent, those interested may sign up for a seven-day free trial that has all of Performance’s features.
Enloop Alternatives 2020
Business Plan Software
Small businesses looking to create a funding-ready business plan
$20 per month
(Pay As You Go)
Tech startups that need a business plan that appeals to investors
$29 per month
New small businesses that also need marketing and operation tools
$39 per month
Visual thinkers who want to try an innovative approach to creating a plan
Starts at $10 per month
(For three users)
Businesses that need to create in-depth financial projections
$99 per month
The provider offers users a quick way to create detailed and high-performing business plans. Let’s take a look at some of Enloop’s features below.
Basic Business Plan Design
You’re provided a finished business plan template that you can modify based on your business needs. You can add text, images, and even financial information.
Automated Text Writing
Enloop syncs the business and financial data that you provide and uses it to create customized text that you can edit. Your financial information is also synced automatically into your text upon making any changes, which can save you a lot of time.
Real-Time Performance Score
The provider scores your business plan as you modify it. This can help you make better decisions and be more aware of how you’re constructing your document. The highest score you can get is 1,000, and a passing score is more than 350.
This helps determine possible problems before they come to pass. The provider generates 16 critical financial ratios (such as sales, receivables, and payables) that help compare your performance with industry averages.
Automated Financial Forecasts
Enloop does the accounting work for you and translates the information into financial statements. All generated forecasts are bank-ready and are automatically placed in your business plan.
Summary of Enloop Reviews
As of this article’s writing (June 3, 2020), there are very few up-to-date Enloop reviews online. Some users said that they like the software’s automated text writing feature, while others mentioned that it could use more design elements. If you are a past or current Enloop customer, then leave a review to help those who are deciding whether or not to use the software.
Enloop Frequently Asked Questions (FAQs)
How does Enloop ensure the security of its users’ data?
All data is encrypted and stored in online servers that are backed up regularly. Enloop’s data servers are also accredited under ISO 27001, PCI Level-1 security, and financial-grade SSL encryption.
Does Enloop offer user training programs?
No, it doesn’t. However, it does provide assistance in the form of pop-up help boxes as you create your business plan.
What type of customer support does Enloop offer?
Its customer support team can be contacted through an online form on its website.
Our Business Plan Software Picks
If you aren’t sure if Enloop is right for you, then this article on the best business plan software is a review of our top choices. Our team looked at a variety of solutions and narrowed our recommendations down based on low costs, ease of use and set up, diversity of products, and the availability of educational materials.