Budgyt Software

4.88 / 5 (16)

Our advisors have recommended this product 14 times in the last 30 days

About Budgyt

Budgyt simplifies the budgeting process for both businesses and non-profits. It is a user-friendly interface hosted on the cloud so that multiple users can work on the same budget, at the same time, using the same format. Administrators control which parts of the budget each of their users can access, and the functions those users can work with, improving data security, as well as simplifying the process for any non-financially savvy contributors. No longer will they need to combine the data from various people, as all entries from all users are made in the same budget, and automatically consolidated.

Learning to use the Budgyt platform takes just a few hours and replicating an Excel budget on the platform is quick and easy. Budgyt reduces the time spent buil...


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Supported Operating System(s):

Mac OS, Web browser (OS agnostic)

16 Reviews of Budgyt

Average User Ratings

Overall

4.88 / 5 stars

Ease-of-use

4.5

Value for money

5.0

Customer support

5.0

Functionality

5.0

Ratings Snapshot

5 stars

(14)

14

4 stars

(2)

2

3 stars

(0)

0

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 16 results

December 2017

Aileen from Independent Retail Consultant

Verified Reviewer

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

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.

December 2019

Dale from The Arbutus Club

Verified Reviewer

Company Size: 201-500 employees

Industry: Non-Profit Organization Management

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

5.0

Functionality

5.0

December 2019

Use Budgyt to Improve Budgeting over Excel Spreadsheets

It used to take about 40 hours to get our annual budget spreadsheets updated for use each year; now it takes less than 5 minutes. We have been using for 2 budget years now, and each year we have added more available features like staffing and benefit costs to save on other excel spreadsheets. It was super easy to prepare 5 year forecasts the Board demanded.

Pros

Quick setup, easily import actual results, forecast multiple years, easily understood by non financial managers, quick and easy changes to revise or copy formulas

Cons

Not a lot of cons, other than it does take a few times copying and preparing a budget to understand that everything, including actual budgets, actual results and forecasts are deemed budgets and need to be attached to each year for comparison if needed. That is where the copy feature comes in real handy.

Reasons for Choosing Budgyt

Ease of use and setup and more reasonable pricing for a 5 user $ 20 Million non profit

April 2020

Gwen from John R Wood Properties

Verified Reviewer

Company Size: 501-1,000 employees

Industry: Real Estate

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

April 2020

Just what you're looking for

A+, 5 starts! I would recommend them to anyone.

Pros

#1 is customer service. 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. I couldn't be happier with our purchase. I looked at a lot of systems and by far Budgyt does exactly what we need.

Cons

I didn't find anything that I didn't like. If I struggled with anything they were an email away. They even send vidoes to walk you step by step.

Reasons for Choosing Budgyt

price and what we needed. There were several systems out there that were just over the top and very expensive because of that. This does everything that you need without the huge price tag.

May 2018

Paul from Revive Church

Verified Reviewer

Company Size: 2-10 employees

Industry: Non-Profit Organization Management

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

3.0

Value for money

4.0

Customer support

5.0

Functionality

5.0

May 2018

Budgyt has brought our finance department to the next level. Essential for any growing organization.

Pros

Our non-profit organization relies on a flexible approach to managing our finances, so it is critical to have data organized and presented the way we need it. Budgyt is highly customizable and can fit most, if not any, accounts structure.

Cons

The administrative learning curve is a bit steep, but not unexpected given the powerful tools available in this software. Program administrators should expect to spend anywhere from several weeks to a couple of months with the software before they feel comfortable with the program.

September 2018

Sandeep from IT Glue

Verified Reviewer

Company Size: 51-200 employees

Industry: Computer Software

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

September 2018

Much Better Than Excel!

The benefit with Budgyt is getting rid of the need to use Excel as the primary location to house all the budget data. Sharing permissions are excellent, so now all managers can access their budgets, submit changes, and get approvals all within this software. Their CEO is really awesome, has taken a lot of his personal time to get on a call with me and show me the ropes. He has also been real welcoming of the feedback I have provided.

Pros

Once you get the hang of how the software works, it's easy to enter, update, and recall information within the platform. We got tired of spending hours fixing Excel formulas and formats, and with Budgyt, we can spend more time analyzing our financial progress. I also like their integration with Xero - it means it automatically imports actual financial data.

Cons

Nothing to dislike here. The software already does a good job at what it's supposed to. There can be a bit of a learning curve when using the function formulas, and I haven't had a chance to fully utilize their HR module. There are always lots of features that can add to the software, and I am glad this company continues to deploy resources towards feature releases and fixes.