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1 Level
1286 Review
38 Karma

Review on PlanRight by Douglas Davis

Revainrating 5 out of 5

Great tool even more useful once your knowledge and confidence grows

I like that it is very easy for me as an individual user of this software without any training or experience in creating plans/budgeting etc myself! There are many free tools out there but they often lack features such as budgeted amounts which can be helpful when trying to forecast cash flow (or other financials). However with Planning Right you get all these things plus detailed reporting at each stage too - so no need just use them together if needed :) Our team has been using planning right since 2015 both individually & collectively within our teams across multiple departments. We have used it successfully throughout 2018 year end period including preparing budgets for 2019. It was great being able to see exactly where we were spending money in previous years vs current year budgets allowing us to make changes accordingly eg reducing spend by £1000 per month instead of increasing salary costs due to inflation over.

img 1 attached to PlanRight review by Douglas Davis



Pros
  • Also helps keep track more accurately what your monthly spends really look like compared against your projected future expenses once fully automated / working through yearly processes
Cons
  • Some disadvantages