PlanGuru Pros and Cons
Helps simplify the process of creating financial reports and projections
Has a steep learning curve due to its many features
Has a free trial and a money-back guarantee
Might be expensive for startups
Who PlanGuru Is Best For
- Business owners with limited to no knowledge about creating financial statements as its reporting templates and automatic forecasting tools help simplify the process
- Financial advisers who need software that can quickly calculate financial projections and interpret cash flow reports for their clients
- Users who have limited experience in creating and understanding financial statements and projections and will benefit from the assistance of a dedicated team
PlanGuru’s pricing page shows a monthly fee of $99 for a single company, plus $29 per month for each additional user. Its pricing scheme for advisers is slightly different, as it has fees that start at $99 per month for use on three clients, and then $29 per month for additional customers.
For A Single Company
+ $29 per additional user
$99 for use on three clients
+ $29 per additional user
+ $299 per additional user
$899 for use on three clients
+ $299 per additional user
Monthly plans for both schemes come with a 30-day money-back guarantee, while annual plans include a 60-day money-back guarantee.
Each plan includes access to the budget and forecasting software, PlanGuru Analytics (web-based), training and support resources (PlanGuru University, help center, video learning center, help desk ticketing system, and a live US-based technical support team), and an Excel-based reporting tool.
On a tangent, PlanGuru offers a 30-day free trial, which gives you access to a fully functional version of PlanGuru desktop, with the exception of printing or exporting reports. Alternatively, you may sign up for a one-on-one live demo to see if it’s a good fit for your business.
PlanGuru 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
Entrepreneurs short on time and need recommended biz plan content
Starts at $19.95 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)
PlanGuru’s features help simplify and automate the process of preparing financial statements and projections. Here are some of its key capabilities.
Business planning: With its general ledger import utilities, you can import historical results quickly and then view budget versus actual reports with just a few clicks. Its planning framework helps you interpret the potential impact of specific events and analyze different scenarios so that you can make important investment decisions.
Forecasting: Use the app to set a budget and forecast for up to 10 years. You may use its pre-built standard forecasting methods or customize your own, and you can even generate projections using non-financial data (ex. HR trends, supply chain issues, and product quality concerns).
Budgeting and financial analytics: Import up to five years of actual performance results and incorporate these into a pre-built financial statement structure (income statement, balance sheet, and cash flow statement) so that you don’t have to crunch numbers manually.
PlanGuru Launch: If you need help setting everything up from scratch, then you might want to consider PlanGuru Launch, which costs $250 per hour. This gives you access to a dedicated team that will assist through each step from start to finish.
- Produce automatically-solved cash flow statements, making them less prone to errors
- Business valuation tool (ex. asset valuation and historical earnings)
- Engagement tools for professional accountants
- Financial ratios (ex. return on investment and return on asset)
- Online dashboard, scorecard, and reporting tools
- Payroll utility (managing pay schedules and taxes)
- QuickBooks, QuickBooks Online, and Excel importing
- Standard report exporting to PDF, Excel, and Word
Summary of PlanGuru Reviews
As of the date this article was written (June 8, 2020), there are no up-to-date PlanGuru reviews online. If you are a past or current subscriber, then leave a review to help others determine if it’s right for their business.
PlanGuru Frequently Asked Questions (FAQs)
What can users expect from PlanGuru Launch?
Through PlanGuru Launch, you can engage with the team through two to three collaborative sessions on GoToMeeting, wherein you’ll be given implementation strategies to execute offline. Alternatively, you can request the same team to take control of the entire setup process and then just leave you with maintenance instructions.
What is PlanGuru University (PGU)?
PGU is a curriculum that was created to turn you into a power user of the app while discussing general forecasting, budgeting, and planning concepts. It involves a series of three two-hour online classes with five case studies and is equivalent to seven hours of CPE credits for certified public accountants (CPAs). All graduates will receive a diploma and an electronic PGU icon that may be displayed on your website. Contact PlanGuru for pricing details.
What are its minimum system requirements?
The minimum requirements to run PlanGuru are:
- Windows 7, 8, or 10
- 200MB of disk space for installation
- 512MB of RAM
- Microsoft.Net Framework 4.0
Our Top Business Plan Software Picks
If you aren’t sure if PlanGuru 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 price, ease of use, and features like business plan design, customer support, and quality of examples and training materials.