Idu-Concept is a budgeting, forecasting, and reporting system for midsize to large businesses in a wide variety of industries. In addition to these functions, the system also helps companies track spend, manage their assets and equipment, and more.

Idu-Concept can be deployed in the cloud and paid as a monthly subscription, or purchased outright and installed on a local server, based on the preference and needs of each business. The Financial Reporting module aims to enhance visibility and provide full access to constantly updated, accurate data. The Revenue Reporting module allows users to comment on and analyze revenue data in real-time. It also helps calculate anticipated outcomes, predict risk, and report on past numbers.

Alerts are automated and customizable, notifying users whenever new information is uploaded into the database, or a particular data set needs attention.

Analytics
Analytics

Analytics

Capture screens

Capture screens

Variance analysis

Variance analysis

Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 8



37 Reviews of Idu-Concept

Overall rating

4.0 / 5 stars

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Showing 1 - 20 of 37 reviews

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Johan from Sanlam Investments Group

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

SI review

I get the most value from IDU based on the consistency it provides and the fact that everything is standard. The ease of pulling reports with different summary levels is beneficial as well.

Pros

Easy to use
Excel feel to it makes easy to use
Import functionality
ease of figuring things out

Cons

Upload
Dynamic reallocation issues at times
sync of data from different companies - SI and SCI combined

Review Source: Capterra

Katlego from Botswana Accountancy College

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

IDU

The benefits of IDU if rolled out properly in the organisation can optimize processes within the Finance office. IDU assists managers in making up to date and informed decisions.

Pros

The fact that the system is excel based.
I can customize the presentation of the financial information to managers understanding.

Cons

The dashboards should allow for more customization to project user beneficial information.

The CAPEX budgeting and tracking could be improved.

Review Source: Capterra

Annah from Eazi Access Rental

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2018

Finance information now has integrity

Definitely improved our integrity as the finance department. In our current loss of info, analytics developed by IDU came to the rescue as it stored all info from prior years to future forecasts.

Pros

It enhances the integrity of financial information by eliminating manual intervention
Better storage of information
Simplifies the budgeting, forecasting and reporting functions

Cons

There is no option to create standard reports for various users
Inability to copy and paste or duplicate activities for some functions

Review Source: Capterra

Nicolien from Intercape

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2018

Budgeting 101

Overall good experience as a first step in my budget process

Pros

easy reference and consolidation from all the different departments in the company

Cons

Complex budgeting situations can be catered for, but need consultants time = money.

Review Source: Capterra

Sphindile from Merchants

Number of employees:  1,001-5,000 employees

Ease-of-use

Customer support

Functionality

September 2018

User friendly system

Comparing the Forecast , actual's and budget.

Pros

All information is easy to assess. Makes it easy to compare and analyse data

Cons

Nothing so far, my 2 months experience have been great.

Review Source: Capterra

Carla from Lightstone

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2018

New at this!

We needed a budgeting and reporting tool to take away all the manual creation of spreadsheets. The client module is great and so easy to use. The admin module has proved challenging in terms of understanding the reporting structures, correctly setting permissions as it seems one tick box in one place doesn't over ride another in a different section. Getting buy in from the team to actually use the system is the most challenging part of it all.

Pros

The client module. It is really straightforward and user friendly

Cons

The admin module and permission settings

Review Source: Capterra
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Verified Reviewer

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2018

Telesure Review

Frustrating.

Pros

It is basic - but this is a problem as we are told it cannot be used to perform some more complex budgeting.

Cons

It is not capabal of being utilised to its full potential for our entity. We are constantly struggling to do full budgets as a result of our complex premiums and claims process and thus we can only perform and use certain functionality.

Review Source: Capterra

Brenda from LegalWise

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2018

Easier financial results

IDU is very user friendly, efficient response times when we have queries.

Pros

The budget process and monthly forecasting is much easier and efficient within IDU. Monitoring monthly actuals against budgets.
Assets are managed and handled within IDU no manual asset registers anymore.

Cons

There is not really anything we don't like.

Review Source: Capterra

Natashia from Legalwise

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2018

Idu Financial reporting

overall the Idu team has always assisted and help resolve my queries , so a good experience

Pros

it is user friendly , once you understand the sytem navigation is easier.

Cons

Updateting users acess in every Fiscal set

Review Source: Capterra
LinkedIn icon
Verified Reviewer

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

September 2018

Budget management and monitoring made easier

The IDU system has addressed the major issue of accountability and ownership of the budget by managers in the organisation. It has also forced managers to take the process seriously as the budget team has better tools to analyse all submission.

Pros

Takes the responsibility of costing away from the budget office and makes the cost centres take accountability for their budget. The budget process is reduced as there is no longer a need to utilise spreadsheets. What is also appreciated is that requests for customisation are always accomodated

Cons

No cons, complaints from users relates to mon ability to copy and paste information that was captured incorrectly.

Review Source: Capterra

Abrie from Schoonbee Landgoed

Industry:  Agriculture

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

May 2018

Business Transparency

Pros

Up to date reporting info everyday within GL accounts.
Ease of budgeting process.
Data in easy to read format.

Cons

Speed improvements on SQL queries, loading of data, and capturing data. 13 Companies in total consolidated.

Review Source

Amanda from Southern View Finance (Pty) Ltd t/a Capfin

Industry:  Other

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

May 2018

Best add-on to you financial system

IDU has made reporting, budgeting & forecasting an administrative dream for my department. I would highly recommend IDU for any business, big or small.

Pros

Easy to use for non-financial users.
Ability to adapt and customize system to suit our business on a continuous basis.
Easy to understand system & use it in our day to day business for reporting & decision making.
Admin ability to create, change or update anything, without depending on IDU consultants.
Feedback & assistance from Helpdesk & Consultants are always fast & effective!

Cons

That I cannot see 'back-end' rules to make sure it is in line with my expectations.
IDU is very fiscal set restricted (causing duplication of work & errors to occur).
Structures is also very specific, again duplication of work (would be nice to have a 'main' set up where all structures feed from).

Review Source

Ramin from Upper Education

Ease-of-use

Value for money

Customer support

Functionality

March 2018

Good product

Pros

Really is not easy to find budgeting and expense application which provides good quality tools like idu-Concept. It's being used for forecasting and budgeting purposes by our organization for 1 and half year. And it was one of the must application in any companies.

Cons

Besides the good features and services, the product has lack of the customer care and email integration. I think with little improvements and updates it can become the beast in market.

Review Source: Capterra

Flynn from Rohlig-Grindrod

Industry:  Other

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

April 2017

Overall experience was good although the number of cost centres can become very time consuming with any changes that are made.

The system is not very user friendly when working with many cost centers and an expense account across all needs to be reviewed. The changing and creating of reports also needs to be simplified. On certain functions, the number of import files required is very time consuming.

Pros

The structure of the system is good and the multi-user function allows overall teamwork. The different account types contribute to overall control and accuracy of input.

Cons

The percentage allocation option can become very complicated with the levels of calculations required.
The balance sheet and cash flow options have served no purpose due to setup and training.

Chris from Kargo Group of Companies

Industry:  Transportation

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

April 2017

Using the IDU Budgeting Software

For years the budgets were done on an Excel Spreadsheet. With 3 Companies, multiple divisions and about 9 branches, it was a constant nightmare to keep everything in sync. Spreadsheet were send to branch managers to modify. These spreadsheets were then sent back for finance to incorporate it into the main spreadsheet, Sometimes there were multiple versions of the spreadsheets and just maintaining the Main spreadsheet was a challenge. Using IDU now allows all users to work on the budgeting software at the same time. Costs that cannot be broken down into IDU are done on a spreadsheet and referred to from within IDU. The time it now takes to complete the budgets has drastically reduced. Comparisons to live data as well as the past year makes complete sense when users are trying to complete their budgets.

Masana from Corobrik

Industry:  Manufacturing

Number of employees:  5,001-10,000 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

IDU User - Corobrik

I have been working on the IDU programme/software for the last four years and i am impressed with the programme and all the functions that are offered. We mainly use it for our budgeting process and i am quite happy with how everything is structured. We recently upgraded to the latest version of IDU and there are some features that are no longer available and most people struggled to find their way on how to go about using the programme but the overall experience has been awesome and the wonderful team at IDU KZN has been very helpful.

Pros

The reports, i think they a have been designed in such a way that they even if a person has never worked on the IDU programme, one can easily interpret the information.

Cons

We always have to email our queries and not communicate our queries over the phone. I think IDU should introduce team viewer to be able to see on our screens what issues we have.

Zeko from Zambia ICT Authority (ZICTA)

Industry:  Government Agencies

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Review of IDU

IDU Budget Concept is a tool that helped us be able to view actuals from our Sage ERP against Budget. The tool has good segregation of data such that you only view the cost centre you are entitled to. It is a great product. It however,just like other software solutions, requires to be introduced carefully in an organisation with good training and refresher training for high acceptance of the software by many users in an organisation.

Pros

The Software is ease to use and has an appealing User Interface.

Cons

- Custom reports are not so easy to design - You always have to rely on the Consultants

Ashraf from Old Mutual

Industry:  Insurance

Number of employees:  10,000+ employees

Ease-of-use

Value for money

Customer support

Functionality

February 2017

Ashraf Hay Review

None

Pros

I find IDU intuitive and easy to use. Everything is where you expect it to be and also works in the way you expect it to.

Cons

No Cons. With the ever changing landscape, there are always opportunities for enhancements in functionality

Maria from CRAN

Industry:  Other

Number of employees:  11-50 employees

Ease-of-use

Value for money

Customer support

Functionality

February 2017

Journeying with IDU

Started using the system in 2014. It is a user friendly system with amazing functionalities. It has really made our work processes more efficient. The support/helpdesk is very efficient as Users' needs/queries are addressed as soon as possible.

Pros

The analytical reporting and the Recodes and Accruals are excellent functionalities available on idu Version 5. The idu-Concept Administrator is very user friendly which makes it easier for any person to manage the admin environment, no IT/system developing skills required hence no support agreement is needed.

Cons

No cons that I can think of, the system offers functionalities that meet the needs of businesses. It is responsive to business needs especially the latest Version 5 has made a significant move in addressing business needs. The system provides value for money and its implementation cost is reasonable.

Kenneth from BTCL

Industry:  Telecommunications

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

February 2017

Review of IDU

The product has been very useful for my organisation and because its integrated with excel it makes it all even better.

Pros

Ease of use


Displaying 1 - 20 of 37 reviews