# Best Budgeting Software - 2026 Reviews & Pricing

> Find the best Budgeting & Forecasting Software for your organization. Compare top Budgeting & Forecasting Software systems with customer reviews, pricing, and free demos.

Source: https://www.softwareadvice.com/ca/accounting/budgeting-forecasting-software-comparison

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Budgeting Software

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# Best Budgeting Software of 2026

Updated June 11, 2026

On this page

1.  FrontRunners
2.  Popular Comparisons
3.  Buyers Guide
4.  Related Software

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242 results

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Showing 1 - 25 of 242 products

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**Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.  
  
**Reviews**: Sorts listings by the number of user reviews we have published, greatest to least.  
  
**Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest.  
  
**Alphabetically (A-Z)**: Sorts listings by product name from A to Z.

[Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/)

Sage Intacct operates within the Sage Business Cloud portfolio as a comprehensive cloud-based financial management software, exp...[Read more about Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/)

**4.3**

([687 reviews](https://www.softwareadvice.com/accounting/intacct-accounting-profile/reviews/))

**519**

recommendations

Free trial

Free version

Integrations

Integrations

PayPal

Microsoft Excel

+112 more

+111 more

+110 more

Sage Intacct's Best Rated Features

4.83Third-Party Integrations

See All

Sage Intacct's Worst Rated Features

3.17Expense Claims

See All

[Vena](https://www.softwareadvice.com/bpm/vena-profile/)

Vena is a financial planning and analysis (FP&A) platform. It is designed to work with Microsoft 365 apps, cloud technology, and...[Read more about Vena](https://www.softwareadvice.com/bpm/vena-profile/)

**4.5**

([139 reviews](https://www.softwareadvice.com/bpm/vena-profile/reviews/))

**279**

recommendations

Free trial

Free version

Integrations

Integrations

Microsoft 365

QuickBooks Online

+6 more

+5 more

+4 more

Vena's Best Rated Features

4.83Project Accounting

See All

Vena's Worst Rated Features

3.63Consolidation/Roll-Up

See All

[Sage 50 Accounting](https://www.softwareadvice.com/accounting/sage-50cloud-profile/)

Sage 50 Accounting is an accounting solution designed to cater to the needs of small and medium-sized businesses. It offers a su...[Read more about Sage 50 Accounting](https://www.softwareadvice.com/accounting/sage-50cloud-profile/)

**3.9**

([467 reviews](https://www.softwareadvice.com/accounting/sage-50cloud-profile/reviews/))

**237**

recommendations

Free trial

Free version

Integrations

Integrations

Microsoft PowerPoint

Microsoft Excel

+15 more

+14 more

+13 more

Sage 50 Accounting's Best Rated Features

4.61Accounting

See All

Sage 50 Accounting's Worst Rated Features

3.63Customizable Invoices

See All

[NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/)

NetSuite is an AI-powered cloud-based business management suite that incorporates ERP, financial management, CRM and eCommerce f...[Read more about NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/)

**4.2**

([2044 reviews](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/reviews/))

**210**

recommendations

Free trial

Free version

Integrations

Integrations

Salesforce Sales Cloud

Docusign

+18 more

+17 more

+16 more

NetSuite's Best Rated Features

4.75Check Writing

See All

NetSuite's Worst Rated Features

2.71Dashboard

See All

[Tradogram](https://www.softwareadvice.com/scm/tradogram-profile/)

Tradogram is a cloud-based procurement management solution. Users can choose from a list of integrated modules such as supplier ...[Read more about Tradogram](https://www.softwareadvice.com/scm/tradogram-profile/)

**4.5**

([109 reviews](https://www.softwareadvice.com/scm/tradogram-profile/reviews/))

**136**

recommendations

Free trial

Free version

Integrations

Integrations

QuickBooks Enterprise

Microsoft 365

+11 more

+10 more

+9 more

Tradogram's Best Rated Features

4.71Purchasing Reports

See All

Tradogram's Worst Rated Features

3.83Inventory Management

See All

[Yooz](https://www.softwareadvice.com/procure-to-pay/yooz-profile/)

Yooz is a cloud-based accounts payable automation platform designed to optimize financial operations using real-time processing ...[Read more about Yooz](https://www.softwareadvice.com/procure-to-pay/yooz-profile/)

**4.4**

([222 reviews](https://www.softwareadvice.com/procure-to-pay/yooz-profile/reviews/))

**125**

recommendations

Free trial

Free version

Integrations

Integrations

QuickBooks Enterprise

Microsoft Excel

+39 more

+38 more

+37 more

Yooz's Best Rated Features

4.50Procurement Management

See All

Yooz's Worst Rated Features

3.29API

See All

[Una](https://www.softwareadvice.com/product/525715-Una/)

Una is a cloud-based financial planning software designed to ensure company plans are grounded in reliable revenue data and can ...[Read more about Una](https://www.softwareadvice.com/product/525715-Una/)

No reviews yet

**34**

recommendations

Free trial

Free version

[Teampay](https://www.softwareadvice.com/accounting/teampay-profile/)

Teampay empowers employees to make necessary purchases quickly without sacrificing control and visibility for the finance team. ...[Read more about Teampay](https://www.softwareadvice.com/accounting/teampay-profile/)

**4.6**

([257 reviews](https://www.softwareadvice.com/accounting/teampay-profile/reviews/))

**32**

recommendations

Free trial

Free version

Integrations

Integrations

Slack

Google Workspace

+52 more

+51 more

+50 more

Teampay's Best Rated Features

4.90API

See All

Teampay's Worst Rated Features

3.38Duplicate Payment Alert

See All

[Workday Adaptive Planning](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/)

Workday Adaptive Planning is a native-cloud planning solution that empowers finance to configure sophisticated, driver-based mod...[Read more about Workday Adaptive Planning](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/)

**4.5**

([231 reviews](https://www.softwareadvice.com/nonprofit/workday-adaptive-planning-profile/reviews/))

**21**

recommendations

Free trial

Free version

Integrations

Integrations

Microsoft Excel

Salesforce Sales Cloud

+4 more

+3 more

+2 more

Workday Adaptive Planning's Best Rated Features

4.75Bank Reconciliation

See All

Workday Adaptive Planning's Worst Rated Features

3.63Collaboration Tools

See All

[Sage Accounting](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/)

Sage Accounting is a cloud-based accounting and invoice management solution for small to midsize businesses. It offers accountin...[Read more about Sage Accounting](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/)

**4.1**

([614 reviews](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/reviews/))

**10**

recommendations

Free trial

Free version

Integrations

Integrations

Stripe

Zapier

+38 more

+37 more

+36 more

Sage Accounting's Best Rated Features

4.74Invoice History

See All

Sage Accounting's Worst Rated Features

3.38Budgeting/Forecasting

See All

[SAP S/4HANA Cloud](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/)

SAP S/4HANA Cloud is a cloud-based and on-premise enterprise resource planning (ERP) solution. It is suitable for small, midsize...[Read more about SAP S/4HANA Cloud](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/)

**4.3**

([358 reviews](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/reviews/))

**8**

recommendations

Free trial

Free version

Integrations

Integrations

SAP Concur

SAP SuccessFactors HCM

+15 more

+14 more

+13 more

SAP S/4HANA Cloud's Best Rated Features

4.75Supply Chain Management

See All

SAP S/4HANA Cloud's Worst Rated Features

4.14Audit Trail

See All

[OpenGov Budgeting & Planning](https://www.softwareadvice.com/municipal/opengov-budgeting-and-planning-profile/)

OpenGov Cloud is cloud-based budgeting and planning software for governments and schools. It is designed for finance teams, budg...[Read more about OpenGov Budgeting & Planning](https://www.softwareadvice.com/municipal/opengov-budgeting-and-planning-profile/)

**4.6**

([21 reviews](https://www.softwareadvice.com/municipal/opengov-budgeting-and-planning-profile/reviews/))

**7**

recommendations

Free trial

Free version

[Jedox](https://www.softwareadvice.com/business-performance-managemen/jedox-profile/)

Jedox is the world’s most adaptable planning and performance management platform that empowers organizations to deliver plans th...[Read more about Jedox](https://www.softwareadvice.com/business-performance-managemen/jedox-profile/)

**4.4**

([119 reviews](https://www.softwareadvice.com/business-performance-managemen/jedox-profile/reviews/))

**7**

recommendations

Free trial

Free version

Integrations

Integrations

Microsoft PowerPoint

Microsoft Excel

+6 more

+5 more

+4 more

Jedox's Best Rated Features

4.47Financial Reporting

See All

Jedox's Worst Rated Features

3.60Tax Management

See All

[BudgetPak](https://www.softwareadvice.com/accounting/budgetpak-profile/)

BudgetPak by XLerant is a cloud-based Accounting solution that offers stand-alone Budgeting and Forecasting, as well as integrat...[Read more about BudgetPak](https://www.softwareadvice.com/accounting/budgetpak-profile/)

**4.8**

([24 reviews](https://www.softwareadvice.com/accounting/budgetpak-profile/reviews/))

**6**

recommendations

Free trial

Free version

Integrations

Integrations

Microsoft Excel

+0 more

+0 more

+0 more

[Project Insight](https://www.softwareadvice.com/project-management/project-insight-profile/)

Project Insight: Strategic Project and Portfolio Management for Growing Companies Project Insight is project and portfolio mana...[Read more about Project Insight](https://www.softwareadvice.com/project-management/project-insight-profile/)

**4.5**

([93 reviews](https://www.softwareadvice.com/project-management/project-insight-profile/reviews/))

**5**

recommendations

Free trial

Free version

Integrations

Integrations

Google Drive

Slack

+35 more

+34 more

+33 more

Project Insight's Best Rated Features

4.93Multiple Projects

See All

Project Insight's Worst Rated Features

3.86Gantt/Timeline View

See All

[Procore](https://www.softwareadvice.com/construction/procore-profile/)

Procore is a cloud-based construction management platform designed to connect field and office teams throughout the project life...[Read more about Procore](https://www.softwareadvice.com/construction/procore-profile/)

**4.5**

([2660 reviews](https://www.softwareadvice.com/construction/procore-profile/reviews/))

**5**

recommendations

Free trial

Free version

Integrations

Integrations

Google Docs

Microsoft 365

+68 more

+67 more

+66 more

Procore's Best Rated Features

4.75Task Progress Tracking

See All

Procore's Worst Rated Features

3.38Financial Management

See All

[TimeSolv Legal Billing](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/)

TimeSolv is a cloud-based legal time tracking and billing solution that caters to law firms, accountants, consultants, architect...[Read more about TimeSolv Legal Billing](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/)

**4.7**

([647 reviews](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/reviews/))

**3**

recommendations

Free trial

Free version

Integrations

Integrations

Dropbox Business

Microsoft 365

+6 more

+5 more

+4 more

TimeSolv Legal Billing's Best Rated Features

4.86Automatic Billing

See All

TimeSolv Legal Billing's Worst Rated Features

3.67Calendar Management

See All

[TimeSolv](https://www.softwareadvice.com/product/424007-TimeSolv/)

TimeSolv is a cloud-based time tracking and billing solution that caters to accountants, consultants, architects and freelancers...[Read more about TimeSolv](https://www.softwareadvice.com/product/424007-TimeSolv/)

**4.5**

([111 reviews](https://www.softwareadvice.com/product/424007-TimeSolv/reviews/))

**2**

recommendations

Free trial

Free version

Integrations

Integrations

Dropbox Business

Microsoft 365

+11 more

+10 more

+9 more

TimeSolv's Best Rated Features

5.0Expense Tracking

See All

TimeSolv's Worst Rated Features

3.0Reporting/Analytics

See All

[Enterprise Excel](https://www.softwareadvice.com/accounting/a3-solutions-profile/)

A3 Enterprise Excel is a cloud-based and on-premise accounting solution that offers enterprise-class budgeting, forecasting, fin...[Read more about Enterprise Excel](https://www.softwareadvice.com/accounting/a3-solutions-profile/)

**4.8**

([5 reviews](https://www.softwareadvice.com/accounting/a3-solutions-profile/#reviews))

**3**

recommendations

Free trial

Free version

[Moss](https://www.softwareadvice.com/accounting/moss-profile/)

Moss is an expense management software that helps businesses gain insights into finances in real-time. The platform enables admi...[Read more about Moss](https://www.softwareadvice.com/accounting/moss-profile/)

**4.9**

([234 reviews](https://www.softwareadvice.com/accounting/moss-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Microsoft 365

Xero

+8 more

+7 more

+6 more

Moss's Best Rated Features

4.95Secure Data Storage

See All

Moss's Worst Rated Features

4.14ERP integration

See All

[Precoro](https://www.softwareadvice.com/accounting/precoro-profile/)

Precoro is an AI-powered procurement and AP automation platform that helps growing companies control spend from request to payme...[Read more about Precoro](https://www.softwareadvice.com/accounting/precoro-profile/)

**4.8**

([255 reviews](https://www.softwareadvice.com/accounting/precoro-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Slack

QuickBooks Online

+7 more

+6 more

+5 more

Precoro's Best Rated Features

4.93Order Management

See All

Precoro's Worst Rated Features

4.17Vendor Management

See All

[MoneyMinder](https://www.softwareadvice.com/accounting/moneyminder-profile/)

MoneyMinder is a comprehensive nonprofit financial management software designed to simplify and streamline financial operations ...[Read more about MoneyMinder](https://www.softwareadvice.com/accounting/moneyminder-profile/)

**4.9**

([122 reviews](https://www.softwareadvice.com/accounting/moneyminder-profile/reviews/))

Free trial

Free version

Integrations

Integrations

PayPal

Venmo

+5 more

+4 more

+3 more

MoneyMinder's Best Rated Features

5.0Donation Tracking

See All

MoneyMinder's Worst Rated Features

4.29Accounting Integration

See All

[Syft Analytics](https://www.softwareadvice.com/bi/syft-analytics-profile/)

Syft Analytics is the award-winning interactive & collaborative financial reporting tool. From simple reports through to integra...[Read more about Syft Analytics](https://www.softwareadvice.com/bi/syft-analytics-profile/)

**4.7**

([186 reviews](https://www.softwareadvice.com/bi/syft-analytics-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Microsoft Excel

QuickBooks Online

+8 more

+7 more

+6 more

Syft Analytics's Best Rated Features

5.0Accounts Receivable

See All

Syft Analytics's Worst Rated Features

4.09Forecasting

See All

[Datarails](https://www.softwareadvice.com/accounting/datarails-profile/)

Datarails is a financial planning and analysis (FP&A) software. The platform serves a wide range of industries, such as construc...[Read more about Datarails](https://www.softwareadvice.com/accounting/datarails-profile/)

**4.7**

([222 reviews](https://www.softwareadvice.com/accounting/datarails-profile/reviews/))

Free trial

Free version

Integrations

Integrations

QuickBooks Enterprise

Microsoft Excel

+32 more

+31 more

+30 more

Datarails's Best Rated Features

4.72General Ledger

See All

Datarails's Worst Rated Features

4.11Multi-Currency

See All

[Budgyt](https://www.softwareadvice.com/accounting/budgyt-profile/)

If you're managing budgets in Excel, there's a good chance you've experienced this: over 8,000 formulas in your budget, any one ...[Read more about Budgyt](https://www.softwareadvice.com/accounting/budgyt-profile/)

**4.9**

([68 reviews](https://www.softwareadvice.com/accounting/budgyt-profile/reviews/))

Free trial

Free version

Integrations

Integrations

QuickBooks Online

Xero

+5 more

+4 more

+3 more

Budgyt's Best Rated Features

5.0Audit Trail

See All

Budgyt's Worst Rated Features

4.17Real-Time Reporting

See All

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[2](https://www.softwareadvice.com/accounting/budgeting-forecasting-software-comparison/?page=2)[3](https://www.softwareadvice.com/accounting/budgeting-forecasting-software-comparison/?page=3)[4](https://www.softwareadvice.com/accounting/budgeting-forecasting-software-comparison/?page=4)[5](https://www.softwareadvice.com/accounting/budgeting-forecasting-software-comparison/?page=5)

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## Popular Comparisons

[

Xero vs QuickBooks Online

](https://www.softwareadvice.com/compare/2976-xero/vs/393202-QuickBooks-Online/)[

Sage Intacct vs NetSuite

](https://www.softwareadvice.com/accounting/intacct-accounting-profile/vs/netsuite-financials-accounting-software/)[

QuickBooks Online Advanced vs Sage 50 Accounting

](https://www.softwareadvice.com/compare/49805-QuickBooks-Online/vs/423487-sage-50cloud/)[

Sage Accounting vs Quicken

](https://www.softwareadvice.com/compare/24327-Quicken/vs/190564-sage-business-cloud-accounting/)[

Precoro vs Teampay

](https://www.softwareadvice.com/accounting/precoro-profile/vs/teampay/)[

Datarails vs Workday Adaptive Planning

](https://www.softwareadvice.com/accounting/datarails-profile/vs/workday-adaptive-planning/)

## Your Guide to Top Budgeting Software, February 2025

Software Advice uses reviews from real software users to highlight the top-rated Budgeting products in North America.

[Learn how products are chosen](https://www.softwareadvice.com/legal-page/frontrunners-methodology/)

#### Explore FrontRunners

-   [Budgyt](https://www.softwareadvice.com/accounting/budgyt-profile/)
-   [Cube](https://www.softwareadvice.com/product/238885-Cube/)
-   [LivePlan](https://www.softwareadvice.com/accounting/liveplan-profile/)
-   [Lucanet](https://www.softwareadvice.com/erp/lucanet-world-profile/)
-   [Martus](https://www.softwareadvice.com/accounting/martustools-profile/)
-   [Mosaic](https://www.softwareadvice.com/product/191104-Mosaic/)
-   [Multiview ERP](https://www.softwareadvice.com/accounting/multiview-enterprise-profile/)
-   [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/)
-   [Phocas](https://www.softwareadvice.com/bi/phocas-profile/)
-   [Prophix One](https://www.softwareadvice.com/accounting/prophix-profile/)
-   [QuickBooks Online](https://www.softwareadvice.com/product/393202-QuickBooks-Online/)
-   [Quicken](https://www.softwareadvice.com/property/quicken-profile/)
-   [Sage 100](https://www.softwareadvice.com/distribution/sage-100cloud-profile/)
-   [Sage 50 Accounting](https://www.softwareadvice.com/accounting/sage-50cloud-profile/)
-   [Sage Accounting](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/)
-   [Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/)
-   [SAP S/4HANA Cloud](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/)
-   [UniFi](https://www.softwareadvice.com/currency-exchange/finansys-apps-profile/)
-   [Upmetrics](https://www.softwareadvice.com/product/449851-Business-Plan-Software/)
-   [Xero](https://www.softwareadvice.com/accounting/xero-profile/)

“Usability” includes user ratings for Functionality and Ease of Use.

“Customer Satisfaction” includes user ratings for Customer Support, Likelihood to Recommend and Value for Money.

Reviews analysis period: The reviews analysis period spans two years and ends the 15th of the month prior to publication.

## Send me a copy of this list to my inbox

### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you.

Financial planning software applications utilize historical data and estimates of future conditions to track a company’s financial progress and compare it to business expectations. The long-term survival of a business depends on its ability to establish a budget and operate within its confines. With the help of business budgeting software, businesses can forecast likely future expenses, establish more precise and realistic budgets and have a greater chance of achieving ongoing profitability.

Here’s what we’ll cover:

[What is budgeting and forecasting software](#Whatisbudgetingandforecastingsoftware)? 

[What type of buyer are you?](#Whattypeofbuyerareyou)

[What are some benefits and potential issues?](#Whataresomebenefitsandpotentialissues)

[What are the market trends of budgeting and forecasting software?](#Whatarethemarkettrendsofbudgetingandforecastingsoftware)

[The vendor landscape](#Thevendorlandscape)

## What is budgeting and forecasting software? 

Like many budgeting programs, business forecasting software reduces the opportunity for potential human error. Because budgets are formulated by the recording of business data, human error can drastically affect the budgeting process. Negligence and typos can easily destroy the validity of budget strategies. With the right system, however, automated reminders can ensure that the user knows when to input key business information for budget analysis.

Effective business budget software can also automatically import data directly from integrated accounting applications, including the general ledger, [ERP system](https://www.softwareadvice.com/erp/) and [HR system](https://www.softwareadvice.com/hr/). This automated importing strengthens consistency and completeness for data analysis that is reliable and error-free. In addition, the ability to connect and interact with other programs provides consolidated data collection, as well as a variety of different ways to complete the budgeting and forecasting process.

Collaboration in budget formulation becomes much easier with the use of budgeting and forecasting solutions. When certain areas of a company’s budget are headed by different individuals, manual collaboration can be troublesome. But with business forecast systems, the budget approval process can be standardized to improve organization and communication. Hypothetical forecasting also allows for the inclusion of complex or often-forgotten factors like inflation. These scenarios improve general awareness of potential obstacles ahead, providing greater foresight in budget formation.

## What type of buyer are you?

Although some of the most important points of the budgeting and forecasting process are the same across industries, different organizations have different priorities and requirements in finding the right system. Here are the main categories of buyers:

**Small businesses.** Small and fledgling businesses may want to pay particular attention to a user-friendly interface or more intuitive presentation styles, which can produce easily understandable graphs and charts. Budgeting is a critical feature here, but often forecasting capabilities and needs are somewhat limited, due to costs and lack of historical data.

**Mid-sized and growing businesses.** Slightly larger and rapidly growing businesses can benefit from a system that adds forecasting features to help predict future growth and sales based on past patterns. A common mistake for growing businesses is to assume that last year’s surge will carry over into this year. However, many different factors play a part, and the ability to predict changes in those factors can prevent massive overinvestment in your company’s infrastructure.

**Large corporations.** Large companies with dozens or hundreds of different departments create a whole other level of complexity in the budgeting and forecasting process. They need something that can handle multiple types of expenses and multiple sources of revenue, all coming from different users in different departments. This information needs to be integrated in a seamless, intelligent way.

## What are some benefits and potential issues?

A strong budgeting and forecasting system improves accuracy for budgeting and long-term business development planning.

**Improved accuracy.** The tight deadlines and overtime hours associated with the budgeting cycle make it an error-prone process, but a single human error can have a massive impact on a company’s profitability. A good budgeting program eliminates most of the opportunities for calculation errors, increasing overall accuracy of the process.

**Faster and simpler.** Budgeting and forecasting software contains high-level functionality specifically dedicated to this purpose. This saves time on process creation (no need to create an Excel file), allows for data to be saved and reused year over year and makes the budgets easier to manage and amend. Overall, this can halve the amount of time spent on the budget cycle.

**Report consistency.** These solutions connect employees across the enterprise, ensuring that the budgets have the same readable format no matter who prepares them.

**Better forecasting.** Computer forecasting programs use complex algorithms that are designed to predict future expenses and sales based on past data. This makes for more accurate forecasts and long-term success.

## What are the market trends of budgeting and forecasting software?

**Changing markets.** The whole point of forecasting is to predict the unpredictable, which is to say rapidly changing markets. Since market trends in your industry are constantly changing, it’s important to select a forecasting solution that can account for these changes.

**Increased vertical specialization.** Over time, budgeting and forecasting software has become increasingly specialized, adding value according to unique workflow types. Systems are catering to the specific needs of the medical industry, nonprofits, construction companies, engineering firms and others. So if industry specialization is important to you, keep this in mind when evaluating systems.

**Increased specialization by industry.** Increasingly, consumers are demanding more industry-specific features, and vendors are listening. Products that were once “horizontal”—such as Sage MAS 90/200, QuickBooks and Microsoft Dynamics—are increasingly adding new vertical features to cater to buyers’ specific industries. Make sure to keep a lookout for features that fit your particular industry when investigating tools and solutions.

**Software as a service (SaaS).** SaaS lowers costs and speeds up implementation for buyers by offering Web-based software that doesn’t need to be installed on-premise. This is more cost effective for smaller buyers. It’s typically offered on a annual or monthly subscription basis, helping firms anticipate and control costs.

## The vendor landscape

There are a number of considerations when selecting budgeting and forecasting software:

-   Is the system user-friendly: accessible charting/graphing capabilities, online user forums, troubleshooting applications?
    
-   Does it provide a variety of hypothetical situations for forecasting things like inflation?
    
-   Can the program involve multiple users for collaboration purposes (i.e., intra-software messaging, multiple users by department, automated combination or comparison of multiple budget submissions)?
    
-   Does the solution effectively provide reminders for adhering to deadlines?
    
-   To what degree is the software capable of interacting with important accounting applications or modules, such as general ledger, HR etc.?
    
-   Does the price range justify the features?
    
-   Does the program encourage and give reminders for frequent data entry to ensure precise and consistent information storage?
    
-   Does the software effectively analyze past business performance?
    

These are some of the major players in the budgeting and forecasting applications market:

Small businesses

PlanGuru, Budget Maestro, Epicor

Medium-sized & growing businesses

Planning Maestro, Epicor, Adaptive

Large corporations

Adaptive Planning, Epicor

### Related Budgeting Software

-   [Accounting Practice Management Software](https://www.softwareadvice.com/accounting-practice-management/)
-   [Multi-Country Payroll Software](https://www.softwareadvice.com/category/4747-multicountry-payroll/)
-   [Tax Practice Management Software](https://www.softwareadvice.com/tax-practice-management/)