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What is Budgyt?
Budgyt is a new and improved way to budget, built to deliver the speed, precision, and flexibility today’s finance teams need. Take control when building & managing budgets for multiple departments and/or projects, and save up to 80% of time and labor costs by trading error-prone, manual spreadsheets for a revolutionary no-code budgeting & reporting platform.
Eliminate risks of Excel-linked broken formulas, easily access historical data, build detailed HR formulas, and create new versions & scenarios in seconds. Empower team collaboration with role-based user permissions and dynamic rollups in a platform so user-friendly, even non-finance members find it easy to navigate.
At no additional charge per user and flexible pricing plans for any sized budget - from small non... read more
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User Review Highlights
4.8
30 Reviews
Ease-of-use
out of 5Customer Support
out of 5Value for money
out of 5Functionality
out of 5"Budgyt was the only affordable solution we could find that allows us to do financial reporting, budgeting, and forecasting at the Sub-Class level."
"If you need something they are there to help. The software is easy to use and they have covered all the things you need and don't have all the extra stuff you don't need."
"Our Managers are loving it compared to what we used to use."
"The newly released version of the API with QuickBooks Online has been problematic. We'd have preferred to wait until it was more thoroughly tested and developed."
"The nature of budgeting tools is that the data is displayed in tabular fashion. Although the site renders on mobile devices, it can be hard to read on smaller phones."
"If I struggled with anything they were an email away. They even send vidoes to walk you step by step."
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How much does Budgyt cost?
Budgyt offers 4 pricing tiers where pricing is based on the number of profit and loss (P&L) statements, or "departments" Basic: $199/year + one-time set up fee for Unlimited Users Up to 5 Departments Additional Departments: $15/month
Starting price
$399.00 per month
Free trial
Available
Free version
Not Available
Which features does Budgyt offer?
Core features:
"What If" ScenariosAccess Controls/PermissionsActivity DashboardAPIAsset Lifecycle ManagementAudit ManagementAudit TrailBudget ControlBudgeting/ForecastingCash ManagementShow more features +
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How easy is Budgyt to use and deploy?
Budgyt supports Cloud Based deployment options, including: Cloud, SaaS, Web-based.
4.8/5 out of 30 Reviews
Showing 1 - 5 of 30 reviews

Aileen
Verified reviewer
Time used: More than 2 years
Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.
December 2017
So easy to learn! It's like the crystal ball for budgeting!
Pros
In the past I juggled several spreadsheets for budgeting, each with different formulas and variables to manage each line item by location. With Budgyt, I can type the formulas directly into the software and everything carries over with the appropriate detail and notes! If I insist on having a spreadsheet to share with the team, I can simply store spreadsheet in the software and tell it which line to read. It not only saved me from a multitude of excel tabs but also gave me the ability to budget and forecast in a fraction of the time and energy! I started using this when our business was just an idea and now we have 4 open retail stores for Everafter and 1 + 2 upcoming for The Westside. Budgeting between the brands under the parent company has been surprisingly simple with Budgyt's ability to customize and target formulas and inputs to certain groups.
Jason
Company size: 51-200 employees
Industry: Non-Profit Organization Management
Time used: Less than 2 years
Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.
September 2020
Cloud budget consolidation
We have made it easier for budget holders to submit their budgets using this tool. They find it enjoyable to use (and we’re talking budgets here). Budget holders can access the tool anywhere they have internet. The instant scenario consolidation dramatically improved the quality of budget discussions, leading to better business decisions. Using this tool helped make out finance team more efficient, by reducing effort to consolidate.
Pros
This product automatically consolidates budget holders’ submissions, replacing error prone, labour intensive spreadsheet work. Budget managers find it easy to use, and they focus on business decisions, not managing complex spreadsheets. Consolidation is instant, dramatically more efficient for the finance team. Because results are instant, decision makers can see the impact of various scenarios instantly, facilitating impactful discussion on the future of the business and better decisions. Set up is easy thanks to excellent customer support. We import and export data to and from Microsoft GP, and use the budgyt.com tool for budget variance reporting. Budget managers can access information anywhere they have internet.
Cons
The nature of budgeting tools is that the data is displayed in tabular fashion. Although the site renders on mobile devices, it can be hard to read on smaller phones.
Reasons for choosing Budgyt
For the scope & scale we needed the price point was excellent value for money. High quality customer service was evident from the first demo.
Reasons for switching to Budgyt
We needed a tool that was more efficient and less error prone for budget consolidation.
Brendan
Verified reviewer
Company size: 201-500 employees
Industry: Government Administration
Time used: Less than 12 months
Review Source: GetApp
This review was submitted organically. No incentive was offered
January 2022
Easy to use but a bit cumbersome
Decent product but the customer service relies heavily on online videos and there are some weaknesses in the reporting.
Pros
Easy to build budgets with this software.
Cons
The reporting features are lacking and the import from quickbooks time consuming .
Reasons for choosing Budgyt
It was inexpensive and user friendly for the most part. You cant beat the price.
Dmitry
Company size: 201-500 employees
Industry: Insurance
Time used: Less than 2 years
Review Source: Capterra
March 2022
Best budgeting software in the market
Pros
Easy to set up and use. VERY competitive pricing. Excellent support. Literally no change management required.
Cons
It is an online platform so the speed will be worse if you compare to soft on the PC.
Reasons for choosing Budgyt
Budgyt provides same features for a fraction of the cost.
Jennifer
Company size: 11-50 employees
Industry: Non-Profit Organization Management
Time used: More than 2 years
Review Source: Capterra
February 2022
Answers to my prayers
No doubt one of the best experience with a software and a software vendor I have ever had. They are prompt with responses when I need help and just the perfect example of what a software vendor should be!!
Pros
I spent years doing our budget in Excel and printing out pages and pages for the managers to manually make changes that I then had to go back into Excel and make changes. The most frustrating part of all of this was budgeting payroll and benefits. It took 6-8 weeks to come up with our budget and the payroll side of the budget was never accurate. Budgyt solved all of that!!
Cons
First, the learning curve was really steep, but Budgyt patiently and expertly held my hand through all of it. Additionally, I used Quickbooks Desktop and the import to Budgyt from Quickbooks is kinda rudimentary and there is no option to export the Budgyt budget into Quickbooks. I know that Budgyt is almost finished with a solution to this.
Reasons for choosing Budgyt
They had everything I was looking for and priced reasonably (more than reasonably!!) Best decision!
Reasons for switching to Budgyt
As covered in the Pro statement. I couldn't face another year of doing budgets in Excel.
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