Are you searching for the best platform to enhance your business financial reporting and analysis? Trying to decide between Jirav and LiveFlow?

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If you're looking for the best financial management solutions, you've come to the right place. This article will provide insights into the unique features and advantages of LiveFlow and Jirav that can help you cross the finish line in your search for a financial planning & analysis (FP&A) platform for your business.

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Overview: Jirav vs. LiveFlow

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Before we delve into a detailed comparison, let’s understand the basics of each platform.

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Jirav is an FP&A solution that can seamlessly integrate with various accounting software like QuickBooks, Xero, and others within its cloud-based interface. It is specifically designed to provide real-time reporting, analysis, forecasting, budgeting, and dashboard capabilities. You can easily export specific reports from the dashboards built on its platform directly to Excel or Google Sheets. However, it does not facilitate live integration with Excel or Google Sheets.

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LiveFlow, on the other hand, is a real-time financial data integration and reporting tool that enhances the use of QuickBooks Online (QBO) by connecting it directly with Google Sheets and Excel. With additional consolidation features and over 100 customizable prebuilt financial templates, it ensures that your focus is where it should be, on analysis of your data and not spending hours creating reporting dashboards.

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In essence, with Jirav, you'll create dashboards in the cloud, either from scratch or by leveraging pre-built templates. Conversely, LiveFlow allows you to work directly within Google Sheets or Excel, where you can build customizable dashboards using our library of templates.

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But where else do they differ?

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Integration Capabilities

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Jirav is a versatile platform - offering integration capabilities with various accounting systems such as QuickBooks Online, Xero, NetSuite, Sage, ADP, Hubspot, Salesforce, and others. This broad spectrum of integrations enables businesses to unify their financial data from diverse sources, facilitating the analysis within a single platform.

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In contrast, LiveFlow specializes only in QuickBooks Online for the time being. So, if your business relies solelyheavily reliant on QuickBooks Online, LiveFlow should be the choice for you.

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Key Features

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Jirav has a suite of features designed for in-depth financial planning and analysis:

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• Efficient Planning Without Spreadsheets: Automate calculations to focus on strategic forecasting, avoiding spreadsheet errors.

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• Custom Business Metrics: Use built-in or custom drivers for detailed financial projections, reflecting unique business drivers.

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• Sales and Revenue Forecasts: Create simple to complex sales forecasts using custom tables for accurate planning.

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• Departmental Budgeting: Build departmental budgets from historical data or from scratch, with comprehensive activity links.

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To dive deeper, check out this video from their youtube channel: 

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As you can see, Jirav's key selling point is their proprietary platform, which enables the creation of dashboards after connecting data sources through an API. As stated before, you can manually export Jirav data to Excel or Sheets, but it's a cumbersome process.

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There is also a learning curve and limitations that come with Jirav's platform, as opposed to working directly in a Google Sheet or Microsoft Excel spreadsheet.

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On the other hand, LiveFlow is all about efficiency, flexibility, and simplicity, letting you keep all your dashboards and reports right where you love them: in Google Sheets or Excel. This facilitates easy sharing and collaboration with your team, stakeholders, or clients.

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 Here’s what LiveFlow brings to the table:

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• Real-time updates: Create live dashboards from your QuickBooks Online data right in Google Sheets or Excel and schedule automatic updates.

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• Efficient consolidation: Quickly consolidate reports from multi-entity businesses in less than three minutes.

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• Drill down without leaving the spreadsheet: Access detailed insights for each transaction directly, eliminating the need to log into QuickBooks Online for information.

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• Easy dashboard creation and customization: Use any of the 100+ available financial templates to customize your reports precisely to your needs, streamlining your strategic planning process.

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• SOC-2 certified: Enjoy peace of mind with SOC-2 type security measures that ensure your financial data remains secure.

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• Amazing customer support: Benefit from the assistance of our committed Customer Success Team, who are there to make your onboarding as seamless as possible, providing support every step of the way.

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But it doesn’t stop here; LiveFlow goes beyond by including budgeting, forecasting, and data visualization features, presenting a holistic yet simplified solution for your financial reporting and analysis needs.

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This video will give you a look and feel of LiveFlow:

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User Experience and Accessibility

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As stated above, Jirav's main selling point is their proprietary platform for cloud-based reporting. You will either love the user experience, or find the learning curve to be particularly difficult to overcome. The platform's interface is designed to accommodate extensive financial reporting tasks, but that comes with some challenges. However, for dedicated finance professionals willing to take time to learn the platform and work around shortcomings, it can create a helpful end product.

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LiveFlow, on the other hand, has a much more user-friendly approach. Its straightforward integration with QuickBooks Online and Google Sheets or Excel makes it accessible to a wide range of users, from novices to experts.

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LiveFlow's emphasis on a quick and seamless onboarding process, ensures that businesses can quickly adopt our platform and speed up their reporting workflows soon after signing on.

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Ready to Transform Your Financial Reporting?

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So, when it comes down to picking between Jirav and LiveFlow for your FP&A needs, you have a few things to think about.

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Jirav is a capable platform, but it comes with a steep learning curve and limited templates and may not be accessible to you or your team unless you have previous experience with similar cloud-based connectors.

On the other hand, LiveFlow integrates with the flexible spreadsheets you know and love, features 100+ customizable spreadsheet templates to get you off the ground quickly, and has a rock-solid Customer Success Team behind you every step to ensure quick and simple onboarding.

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If your goal is finding a plug-and-play solution without a steep learning curve. LiveFlow offers all of that and more.

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Also, if you're interested in understanding how LiveFlow stacks up with the rest of our competitors regarding the ease of integration QuickBooks Online to Google Sheets, read here

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