idu-Concept Software

4.35 / 5 (71) FrontRunners

Our advisors have recommended this product 1 time in the last 30 days

About idu-Concept

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 ...


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Supported Operating System(s):

Mac OS, Linux, Web browser (OS agnostic), Windows 10

71 Reviews of idu-Concept

Average User Ratings

Overall

4.35 / 5 stars

Ease-of-use

4.0

Value for money

4.5

Customer support

4.5

Functionality

4.0

Ratings Snapshot

5 stars

(26)

26

4 stars

(40)

40

3 stars

(5)

5

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 71 results

September 2018

Anonymous

Verified Reviewer

Company Size: 501-1,000 employees

Time Used: More 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

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.

February 2020

Grant from Mainland Group

Company Size: 501-1,000 employees

Industry: Financial Services

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

3.0

Value for money

4.0

Customer support

4.0

Functionality

5.0

February 2020

Idu has real depth of functionality

The system is helping us drive business ownership of budgeting and reporting processes

Pros

The software has many levels of detailed functionality to deal with most budgeting and reporting scenarios

Cons

The screen layout and design is fairly dated

Reasons for Choosing idu-Concept

The system design will allow us to implement a structured approach to budgeting while retaining the flexibility required

Response from idu Software

Replied March 2020

Hi Grant Thank you for writing a review of idu-Concept. By driving ownership of the budget process within an organisation it leads to greater buy-in and accountability. I am sure your team are experiencing this. We are constantly updating and upgrading the features, functionality and look and feel of our product. We will send more information as these enhancements are released. Hopfully you will find the design and layouts more engaging.

September 2018

Natashia from Legalwise

Company Size: 1,001-5,000 employees

Industry: Financial Services

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

3.0

Value for money

3.0

Customer support

3.0

Functionality

3.0

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

February 2020

willie from Gauteng Provincial Legislature

Company Size: 201-500 employees

Industry: Government Administration

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

February 2020

Great budgeting tool!

automated budget tool. this assist the organisation during the budget process

Pros

easy to use as well automated process. the interface with SAP also assist in ensuring that the data we utilise for reporting is accurate.

Cons

I do not have much to report on. We have just introduced the project reporting module. we will provide feedback at a later stage.

Response from idu Software

Replied March 2020

Dear Willie Thank you for your great review. It is really important to us that our software is easy to use and understand and so it is great to hear it. We are sure that you will find the functionality in the project bugeting module very useful. We look forward to hearing your experience of it. Please do not hesitate to contact our helpdek or your account manager if you have any queries. Thanks again The IDU Team

February 2020

Fatima from University of Cape Town

Company Size: 5,001-10,000 employees

Industry: Education Management

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

5.0

Functionality

4.0

February 2020

UCT Feedback

The customer service provided by IDU is excellent. Their staff are always willing to assist and find ways of satisfying the customer needs. The staff are very knowledgable, friendly and quick to respond to queries. Implementation of IDU has definitely improved our budgeting process, and we look forward to now working on the reporting side of it.

Pros

It is web-based so therefore easily accessable. Takes away the need for planning in excel and then transferring those plans to your source system. Minimal clicks to get to where you need to be. Prepopulation of employee data before the budgeting cycle has cut down the time to input employee budgets - the same for depreciation.

Cons

We would like to get to line item detail from a summary cost center group and not have to drill down to each cost center to get to this data. The client must also be able to get to this level and view the total budget in line item format, not only at budget type level.

Reasons for Choosing idu-Concept

Based on their presentation to us, it was the better product out of the alternatives

Response from idu Software

Replied March 2020

Dear Fatima Thank you for taking the time to write such a detailed review of idu-Concept, we really appreciate it. We are so delighted to have received 5 stars for customer support. Thank you, I will pass on your compliments to our team. I have also passed on your comment about not being able to get to line item detail without having to drill down to each cost centre to our consulting team. They will be in touch to see how we can assist with this. Kind regards The IDU Team