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Finding software can be overwhelming. We've helped hundreds of businesses choose the right budgeting and forecasting software so they can crunch numbers faster and gain financial insight.

Budgeting and Forecasting Software

125  systems found

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NetSuite

NetSuite is a business management software suite offered as a service that performs enterprise resource planning (ERP) and customer relationship management (CRM) functions. It is a horizontal package designed for an extensive range... Read More
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Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  79
Our advisors have recommended this product 79 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Sage Intacct

Sage Intacct is a provider of cloud-based accounting software. Sage Intacct’s applications are suitable for small and midsize companies and can provide real-time financial and operational insights as well as the ability to automate... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  69
Our advisors have recommended this product 69 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Cougar Mountain DENALI

Cougar Mountain Software’s Denali Business is an accounting solution with the ability to customize 10 integrated modules. It is for small to midsize businesses and can be deployed on premises or in the cloud. Key features include... Read More
Rating:  88 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  55
Our advisors have recommended this product 55 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Multiview

For organizations seeking a solution that conforms to their existing operations, Multiview offers a suite of financial solutions. With Multiview, companies gain visibility over corporate data. The solution includes 14 modules that... Read More
Rating:  8 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  53
Our advisors have recommended this product 53 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Deskera ERP

Deskera ERP is a cloud-based enterprise business management suite that automates sales, billing, fulfillment, distribution (including pick, pack and ship process), sales commission calculations, purchasing, payment processing, product... Read More
Rating:  16 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  48
Our advisors have recommended this product 48 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Adaptive Insights

Adaptive Insights, founded in 2003, provides a web-based system for budgeting, forecasting and reporting. The solution is suitable for a wide variety of company sizes. Delivered over the Web in a software-as-a-service (SaaS) model,... Read More
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  35
Our advisors have recommended this product 35 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Budget Maestro

Budget Maestro by Centage offers financial institutes a comprehensive accounting solution with budgeting, forecasting, consolidation and reporting capabilities. Budget Maestro is suitable for a host of industries, including manufacturing,... Read More
Rating:  38 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  29
Our advisors have recommended this product 29 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Vena Solutions

Vena is a cloud-based corporate performance management (CPM) solution that helps businesses across various industry verticals to manage different business operations such as budgeting, planning, revenue forecasting and more. Vena's... Read More
Rating:  11 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  21
Our advisors have recommended this product 21 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Abila MIP Fund Accounting

Abila MIP Fund Accounting from ProSoft Solutions is a finance management and fund accounting solution designed to serve nonprofits and government agencies. The solution can be deployed on-premise, in the cloud or be self-hosted. Abila... Read More
Rating:  58 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  18
Our advisors have recommended this product 18 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Financial Edge by Blackbaud

Financial Edge NXT is a cloud accounting solution from Blackbaud that provides transparency across teams, security, compliance, and reduces the need for manual processes. The system is a fund accounting solution that provides a general... Read More
Rating:  98 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  16
Our advisors have recommended this product 16 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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AccuFund Accounting Suite

AccuFund is an online accounting and financial reporting solution designed specifically for the nonprofit industry. Integrated into one, AccuFund's Accounting suite helps nonprofit organizations and government agencies report funding... Read More
Rating:  24 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  16
Our advisors have recommended this product 16 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Sage Business Cloud Enterprise Management

Sage Business Cloud Enterprise Management, formerly known as Sage X3, is an ERP software suite that includes integrated functionality for financial management, sales, customer service, distribution, inventory, and manufacturing, and... Read More
Rating:  16 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  15
Our advisors have recommended this product 15 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Acumatica ERP

Acumatica is a cloud-based enterprise resource planning (ERP) solution that offers a platform designed for midsize customers with a complete, real-time view across the business. The Acumatica suite of integrated business management... Read More
Rating:  21 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  13
Our advisors have recommended this product 13 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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IBM Planning Analytics

IBM Planning Analytics is a planning, budgeting, forecasting and analysis solution, available for deployment on premise or in the cloud. Built on the technology of IBM Cognos TM1, it helps organizations automate manual, spreadsheet-based... Read More
Rating:  8 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  11
Our advisors have recommended this product 11 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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ScaleFactor

ScaleFactor is a cloud-based business accounting solution suitable for small and midsize companies. It helps businesses to automate complex accounting workflows and translate financial information into actionable insights. Key features... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  11
Our advisors have recommended this product 11 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
Platforms: 
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Business Size:  S M L
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BudgetPak by XLerant

BudgetPak by XLerant is a cloud-based Accounting solution that offers stand-alone Budgeting and Forecasting, as well as integrated Financial Reporting. It’s suited for midsize to large organizations in a variety of industries including... Read More
Rating:  21 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  8
Our advisors have recommended this product 8 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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deFacto Planning

deFacto Planning is a corporate planning solution that offers budgeting, forecasting, reporting, consolidation, analysis and predictive analytics. It allows users to view the overall financial health of their company, in real time,... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  8
Our advisors have recommended this product 8 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
Platforms: 
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Business Size:  S M L
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A3 Modeling

A3 Modeling is a cloud-based and on-premise accounting solution that offers enterprise-class budgeting, forecasting, financial reporting and dashboards. The dashboard feature helps in navigating and monitoring trends, variances at... Read More
Rating:  5 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  7
Our advisors have recommended this product 7 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Dynac

Dynac is an on-premise accounting and corporate performance management solution that focuses on budgeting, forecasting and financial reporting. It can be utilized across a wide variety of industries including agriculture, construction,... Read More
Rating:  0 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  7
Our advisors have recommended this product 7 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
Platforms: 
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Business Size:  S M L
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Activity HD

nQativ’s Activity HD is an accounting and payroll solution suitable for small to mid-size companies. It offers tools to sort, filter and present data, plus security features to satisfy data confidentiality requirements. Activity... Read More
Rating:  36 reviews
Price: 
Price Range is based on our extensive pricing research and represents a comparison of cost between the 125 systems on our list. The best way to get a real cost is to request a quote.
Recent recommendations:  6
Our advisors have recommended this product 6 times in the last 30 days. These recommendations are based on buyers' needs. Contact us for a free consultation.
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Buyer's Guide

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Last Updated: November 6, 2018

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?
What Type of Buyer Are You?
Benefits and Potential Issues
Market Trends to Understand
The Vendor Landscape

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 and HR system. 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.

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.

Market Trends to Understand

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