BudgetPak 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

BudgetPak

4.8

(24)

Pricing

Starting at $10,000.00 per year

About BudgetPak

BudgetPak by XLerant is a cloud-based Accounting solution that offers stand-alone Budgeting and Forecasting, as well as integrated Financial Reporting. It’s suited for midsize to large organizations in a variety of industries including Property Management, Education, Insurance and more.

XLerant’s Budgeting capabilities can be customized to an organization’s unique needs, and self-service reporting allows users to produce their own reports and send them to Excel, PDF, or directly to print. The Forecasting functionality allows finance teams to share high-level or detailed forecasts with their employees, and users can make adjustments based on constraints setup up by management. XLerant’s Financial Reporting tool offers real time, bi-directional linkage with Excel in order to exchange data. Dashboards can be customized using pre-defined charts and graphs, and guided what-if analysis gives users insight into the impact of variables on a completed budget.

BudgetPak Screenshots

BudgetPak Pricing and Plans

Starting price: $10,000.00 per year

Free Trial

Free Version

Basic

$10,000.00

per user, per year

No plan information available

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BudgetPak Features

Popular features found in Financial Reporting
Bank Reconciliation
Billing & Invoicing
Cash Management
Consolidation/Roll-Up
Data Import/Export
Expense Tracking
Financial Analysis
Multi-Currency
Reporting/Analytics
More features of BudgetPak
Access Controls/Permissions
Accounting
Activity Dashboard
Ad hoc Reporting
Alerts/Notifications
API
Asset Lifecycle Management
Budgeting/Forecasting
Chart of Accounts
Collaboration Tools
Customizable Reports
Dashboard
Dashboard Creation
Data Visualization
Drag & Drop
Expense Management
Financial Management
Financial Reporting
Forecasting
General Ledger
Income & Balance Sheet
Multi-Company
Multi-Department/Project
Profit/Loss Statement
Project Accounting
Real-Time Data
Real-Time Reporting
Scenario Planning
Self-Service Reporting
Strategic Planning
Third-Party Integrations
Version Control
Visual Analytics
"What If" Scenarios
Workflow Management

BudgetPak Integrations

Microsoft Excel

BudgetPak User Reviews

Overall Rating

4.8

Ratings Breakdown

75%

25%

Secondary Ratings

Ease of Use

4.7

Value for money

4.8

Customer support

5.0

Functionality

4.5

Jolene G.

Verified reviewer

Insurance

501-1000 employees

Used monthly for less than 6 months

Review source

Reviewed October 2018

Great Software for nonexcel users

The staff has been very helpful, understanding and responsive. They have found solutions for any situation we have brought to their attention, or have taken the suggestions to make future enhancements.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Our end users have most liked that this software does not look like excel. It is user friendly. The ability to quickly and easily roll up the budgets will be a huge time saver.

Cons:

The software does not yet accommodate balance sheet budgeting.

Vendor Response

Thanks for your feedback Jolene. Our focus to date has been prioritizing features that support collaborative budgeting and improve system ease-of-use. That said, thanks to feedback from customers like you, we've added balance sheet budgeting to our product development roadmap to be included in a future release.

Replied August 2019

Lynda F.

Verified reviewer

Government Administration

201-500 employees

Used weekly for less than 2 years

Review source

Reviewed August 2020

Easy to Use / Top-notch Support

Xlerant customer service and support are excellent. If any questions arise, we ask and they promptly respond. There is ongoing training offered in the form of a support site, webinars and newsletters. BudgetPak is robust and well-written. Our users are mostly non-financial people and they've found it easy to use. We made the right choice.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The integration was seamless. The implementation team at Xlerant was organized, responsive, and knowledgable. The product is easy to use for both our admins and end-users. The product meets all of our needs: it's fully customizable and there are are several reporting options. Forecasting, and creating several budget scenarios is important to us. BudgetPak met those requirements too.

Cons:

Nothing to report here. I honestly can't think of any cons.

Reasons for choosing BudgetPak

Price and favorable reviews from current users.

Reasons for switching to BudgetPak

Our previous software was not cloud-based, was un-supported and over 10 years old.

Kathy H.

Higher Education

201-500 employees

Used monthly for less than 6 months

Review source

Reviewed October 2018

BudgetPak Beginner

I am attempting to have our College use BudgetPak in the place of budgeting with jut Excel.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The choice of menus allows users to work with whatever best fits them.

Cons:

Terms unique to this software are not translated to the new user. If you are not the one who set up the software, the terms are undefined.

Clint L.

Higher Education

201-500 employees

Used daily for more than 2 years

Review source

Reviewed February 2018

Incredibly useful for establishing dynamic & inclusive ("bottom up" budgeting process

Inclusive budgeting process and much enhanced ability to forecast and deliver needed reports.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

End user experience is easy and intuitive. I especially love the ability to establish monthly budgets which provides a much greater probability for accurate year-end forecasts. The numerous ad hoc reports and MyExcel features are also dynamic and incredibly useful.

Cons:

While Xlerant offers wonderful and ready customer service, we still found the installation process very time consuming and quite challenging. Also, you need a person dedicated to the continued administration of this software.

Vendor Response

We're glad to hear your end-user experience has been so positive! While our normal implementation process is an average of 8 weeks, on occasion the process can take longer - especially when, as in this case, we are working through supporting the development of new budgeting processes simultaneous with the new software set-up. For the majority of our clients, system administrators may spend a few hours a month to load in new data. During the budget season there is additional work in the system preparation, oversight of the budget process and approval cycles - however, administrators report significantly less time spent than with Excel-based budgeting.

Replied August 2019

Catherine B.

Insurance

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed October 2018

Cathy's review

We are a large property/casualty insurance company with 23 departments. Departments are more aware of what they are spending and are looking for ways to control their costs. End users have spoken very highly and favorably of the product. They are fully engaged and more accountable with their own budgets and feel more involved in the overall budgeting process for the company.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

BudgetPak is a cloud based software, user friendly and easy to use for the non-financial user.

Cons:

As Administrators, when you make changes in your company configuration, the Validation and Initialization process can take at least 1 hour or more to run. While this is happening, no other end users are able to see or work on their budgets since system is under maintenance.

Vendor Response

Thanks for the kind review Catherine! We are happy to report that as of our most recent software release the NJM validation/initialization has been reduced to just ten minutes!

Replied August 2019

Ngoc N.

Used unspecified for unspecified

Review source

Reviewed July 2009

BudgetPak is easy to implement and is very user friendly.

Get rid of those Excel workbooks and macros you currently use for budgeting. BudgetPak makes it easy to budget and forecast for any users. We went through a realign of our HQ office in early 2009. BudgetPak made it easy to make those changes quickly and consolidation was a snap with great audit trails.

Ratings Breakdown

Ease of use

Customer support

Pros:

In 2008 our Company (at one of the Operating Group Headquarters location) was looking for a budgeting software tool to replace our Excel workbooks to prepare our annual budget and forecast. After considering 6 different budgeting software packages BudgetPak was the clear winner for the ease of implementation, but more importantly, how user friendly it is. You are not required to be a finance person to use it. During the initial demonstration I had various internal users (VP, Director, Manager) participate in addition to myself who is a Finance person with lots of software experience. I wanted my internal users to feel comfortable with BudgetPak and not to be intimidated. It was also their feedback that made the decision easy to select BudgetPak. For the features, performance, and robustness I am getting for BudgetPak and the price to implement and maintain it BudgetPak has the edge over its competitor.

Cons:

The vanilla canned reports that came with BudgetPak are good, but I would like to see more custom reports or more ways for me to build custom reports. I plan to work with BudgetPak to enhance reports in future version releases.

Vendor Response

Happy to report that since 2009 we have dramatically expanded our reporting flavors from plain vanilla! With every new release we include additional reports for our standard offering - many based on customer request. In addition, we have a custom reporting tool that easily addresses unique reporting requirements.

Replied August 2019

Jhanvi K.

Verified reviewer

Information Technology and Services

501-1000 employees

Used daily for less than 6 months

Review source

Reviewed February 2023

Phenomenal Budgeting and Financial Planning Software

BudgetPak is nice software to handle Budgeting and Financial Planning with the features they offers. we are using this tool to manage our budget and financial planning to produce more efficiency in very short time. It's a perfect tool for financial team of any company or organization to make effective solutions on budgeting.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It's a easy to use automated budget tracking software that offers many powerful features to manage your budgeting and allows you to create your financial planning more effectively in very short time.

Cons:

I didn't face any issues with the features they provides but yes I feel that their is a limited functionality to manage your budget.

Verified

Reviewer

Education Management

51-200 employees

Used daily for less than 6 months

Review source

Reviewed October 2018

Focused on the Budget Owner

Working with the XLerant team has been great. They were very patient with us in the decision process and have been very helpful in getting set up as well. Great team.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

BudgetPak was built with the end user (Budget Holder) in mind. The budget process is a simple step by step process made so that "non-finance" people can easily put their annual plan together. Then, as the finance team, you can use that data to run forecasts and long term projections as often as you need. There are also easy Excel integrations for the finance team to use to pull data or upload data directly to the cloud database.

Cons:

I haven't used the software for very long, but I am concerned about the "refresh" or initialization times. But it isn't something that would've pushed me away from the product per se as most other options I saw would require the same thing.

Julie B.

Verified reviewer

Construction

51-200 employees

Used monthly for more than 2 years

Review source

Reviewed August 2020

Easy to set up and user friendly

We create 75+ budgets every year for our markets. We switched from an Excel only model. This system has allowed us to have greater visibility and run reports quickly. Whenever we have any questions or issues, customer service is quick to respond.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

BudgetPak is easy to implement. Only 2 of our 10 users are accounting professionals, everyone learned the system with no issues. The MyXL function allows us to pull budget details quickly for research or custom reports. Standard reports within BudgetPak are easy to use and allows us to quickly compare any of our budgets or actuals. We are very satisfied with the product and customer service.

Cons:

Unfortunately, we have some complicated travel calculations for budgeting that still have to be done out of the system. But we are able to attach our worksheets in BudgetPak for reference. This is not a huge issue for us.

Reasons for choosing BudgetPak

Our end users are not accounting professionals. We felt that BudgetPak offered the best system for all users at a competitive price.

Jeremiah M.

Used daily for less than 12 months

Review source

Reviewed February 2018

XLerant provides a fantastic software that has greatly improved our budgeting process.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The customer support. Any time there is a question or concern, the XLerant team quickly responds and assists. When there were areas that the software seemed to be lacking, the support team would troubleshoot and came up with working solutions that improved the software greatly.

Cons:

From an administrator standpoint, the software is complicated. It has taken me a bit of time to learn all the options within it. In a way, this is a very positive thing as the system has many features useful to different clients. The only issue is that it becomes difficult to train new system administrators and to know that our institution is using the system to it's full effect.

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