Budgyt

RATING:

4.8

(54)

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...
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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 54 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.

Kathleen

Recreational Facilities and Services, 51-200 employees

Used weekly for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2024

Budgyt is the BEST!

It has been excellent, we are just rolling it out to users and those who have seen it are as excited as I am. A huge improvement

PROS

Love Budgyt’s business model which enabled use to try it out with our data and most of the setup without paying up front. Budgyt is so much better than my bulky multi company, multi department Excel spreadsheet. Great that we can upload detailed actual GL data for users to see. Awesome that we easily see prior year monthly actuals, and budget on the data sheet for a gut check. The formulas and excel linking files work like a charm. Implementation was very smooth and haven't needed to contact customer support yet. You can tell this product was designed by a [sensitive content hidden], and is easy enough to use by a non-financial manager. We just started using it, for monthly re-forecasting and will use for our annual budget. Much easier to get input from department heads. Users range from those only responsible for one expense, to managers responsible for multiple departments. With the GL import feature it allows users to see prior actual data without accessing our accounting program. Allows us to forecast how the year will end up compared to budget. Easily run various reports on the dashboard and print to Excel. Options to add comments on data sheet. Approval process - easy of viewing what needs to be approved.

CONS

Couldn't restrict a users access to Payroll module by department. Can't have approvals feature if using Balance sheet (something we are considering.

Reason for choosing Budgyt

Very well priced with all the features we want, and even more than we expected. Easy to setup and use.

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.

Alicia

Construction, 1,001-5,000 employees

Used daily 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 March 2024

Budgyt has enhanced my financial reports and presentations to senior executives.

It has freed up so much of my time keying/compiling. I now have more time for bigger picture things.

PROS

The ability to flip reports into various formats with ease. I can appease nearly all ad-hoc report requests via a report already designed in Budgyt. Previously, the requests would mean manually reformatting a report into different axis, periods, combination of departments, etc.

CONS

Can't entirely remove %% from some report views. Have to delete it in excel outside of the program.