Budgyt

RATING:

4.8

(52)

About Budgyt

Budgyt is a dynamic FP&A platform that simplifies budgeting, forecasting and reporting without sacrificing the granular details. Budgyt delivers user-friendly solutions for complex financial planning needs, making it easy for CFOs and finance teams to integrate financials, streamline processes, and manage multiple departments and users from a single source of truth. Highly rated for ease of use, best results, and user adoption, Budgyt is the only planning software created and developed by a CFO with a comprehensive understanding of user needs, validated by over 1000+ admin users and counting. The all-in-one platform offers powerful solutions for fast, accurate FP&A, including multi-department budget collaboration, agile reforecasting, transaction-level data analysis, v...

Budgyt Pricing

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: 

$478.00 per month

Free trial: 

Available

Free version: 

Not Available

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Budgyt Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

5

Functionality

5

Most Helpful Reviews for Budgyt

1 - 5 of 52 Reviews

User Profile

Tom

Verified reviewer

Non-Profit Organization Management, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2023

Elegant, User-friendly Budgeting & Reporting Tool that I would highly recommend

We adopted Budgyt first and foremost as a new budgeting solution to replace manual, Excel-based process. It quickly became obvious that Budgyt delivers much more, and has become our tool of choice for financial reporting, forecasting, and analysis. Our experience has been overwhelmingly positive. It is the only finance tool that our non-finance users regularly come to me with compliments and positive feedback about.

PROS

Love the Budgyt platform! Very intuitive and easy to use, with capabilities that allow users to get more detailed and complicated as needed. Allows us to enter data in detail (or summary) in a way that makes it incredibly accessible and easy to read for non-finance users, which is ultimately a huge time saver for our finance team. Everyone on the Budgyt team that I have spoken to or worked with from sales to support (including the [sensitive content hidden] who took one of my training/implementation calls) has been awesome. The training was great (the video academy might be my single favorite & most-used/recommended training feature in any program ever), onboarding and implementation were made super easy (as far as those things go), and ongoing support (on the rare occasions it's been needed; it's been mostly out-of-the-box questions/ideas that I've brought up post-go-live) is excellent & very personable - huge shout-out to "budgyt guru" Aileen who has been immensely helpful from day 0 to the present, anticipating our needs at times before we even did.

CONS

My only 'complaint' is that of several additional features that have been implemented since we began using Budgyt (dashboards, cash flow, balance sheet) I am anxiously-awaiting the #1 item on my wishlist - live integration with Sage Intacct API to eliminate manual import of actual data. But I'm confident that when it arrives it will work correctly.

Reason for choosing Budgyt

We moved to Sage Intacct (from Microsoft Dynamics GP) at the same time, and strongly considered their Planning solution. We also began considering other comparable products, but once we saw the capability and ease of use in action, at Budgyt's price point it became a no-brainer.

Jason

Non-Profit Organization Management, 51-200 employees

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed 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.

Reason 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.

Caitlin

Machinery, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2023

Budgyt - Make budgeting great again

So far great! Really excited we made switch!

PROS

The customer service team, ease of use, visualizations, ability to compare scenerios easily!

CONS

Still getting into it and so far my biggest complaint is user set up - but thats only a 1x process1

Reasons for switching to Budgyt

Overly priced, low value and terrible customer service

Brendan

Verified reviewer

Government Administration, 201-500 employees

Used weekly for less than 12 months

Review Source: GetApp
This review was submitted organically. No incentive was offered

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

3

FUNCTIONALITY

3

Reviewed 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 .

Reason for choosing Budgyt

It was inexpensive and user friendly for the most part. You cant beat the price.

Jennifer

Non-Profit Organization Management, 11-50 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed 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.

Reason 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.