Likelihood to Recommend I'm sure that Budgyt would not be the most appropriate solution for large, complex organizations with numerous entities or overly complicated structures. Those org's likely have solutions within their ERPs or other sophisticated finance systems with budgeting/reporting capabilities that mirror Budgyt, making it redundant. However, for an easy, and relatively cheap solution to meeting those needs, as well as forecasting and analysis, I would recommend Budgyt to anyone with the need.
Read full review An intuitive and easy-to-use package that will enable you to correctly draw up a financial plan and easily import data from accounting and be able to determine turnover and cost evaluation easily with better visualization through balance sheets and graphs. It will also help you to prepare business budgets and track them easily every month.
Read full review Pros Combining departments (components of an entity or a component of various entity's income statement) or isolating departments (small slivers) of an entity's income statement. We can look at specific departments of specific entities together, with ease. Splicing / flipping reports into countless formats. Helpful for users of the financial statements that digest data/numbers differently than the financial accountants who prepare the numbers. It is relatively easy to import data from our Jonas accounting program into Budgyt. We've had prompt customer service when we've encountered issues and they were readily available during implementation. Read full review User-friendly and easy to use product. Easy to prepare financial plans. Perfect input visualization via balance sheet and graphs. Read full review Cons Inside setting up HR forumlas, it should give more than one filter criteria. Application got slow after putting the information of HR module and formuals, need to speed up. Selection of multiple companies with different GLs can be an option where it is lacking. Didn't see the multicurrency feature, can be a good add on. Read full review Nothing missing. Easy to prepare budget and track them easily. Easy to prepare files for financing applications. Helps simulate the financial impact of a new project. Read full review Likelihood to Renew Our organization has increased our level of financial reporting and decreased the time it takes to build a budget with the Budgyt platform. Because our budget managers have access, it allows them a higher level of ownership for their areas.
Read full review Usability It ease of use for both for the Administrator and the end user. We were also able to use single sign on which it makes for my user. The technology and security give me ease that my data is secure and the cloud base component means I don’t have to store on my server
Read full review Easy to use HannaH with an intuitive interface and easy to access its services and enables one to quickly prepare financial plan and budget and track them easily. Easily determines turnover and cost evaluation and allows one to visualize data input via graphs and balance sheets without hassle.
Read full review Support Rating During my first year of working within the budget software, I had to go through some training while trying to meet deadlines for meetings. The team at Budgyt was very accommodating and made sure I was equipped with the knowledge that I needed to be successful
Read full review HannaH provides us with a simple and user-friendly interface and is easy to use and learn, and allows us to prepare our financial plans without any struggle. It enables us to import data from accounting and easily determines turnover and cost evaluation. It allows us to visualize input data and view results via graphs at a glance.
Read full review Implementation Rating We were fortunate to have the founder lead us through a video conference to teach our users how to use the system. Totally invaluable!
Read full review Alternatives Considered Forecaster was terrible. We switched from that. We looked at multiple products, either too expensive or not user-friendly. We switched 4 years ago. I do not recall the companies we visited back then. There are certainly more on the market now, but I have no interest in switching as our entire office loves the product.
Read full review Scalability Budget scenarios are amazing, when it comes to educational funding, were always having to pivot. Having multiple scenarios for financial planning is key to being economically sustainable. We can quickly add services or staffing based upon funding adjustments/projections and see if they will work in our current climate. This supports leaderships ability to make quicker decisions.
Read full review Return on Investment We have had better control on labor cost. The software has helped us project when we need to add new employees to handle our contact center volume. Running different budget scenarios helped us navigate the impact of Covid on our business. Read full review Helps to simulate financial impact of a new project. Easy to determine turnover and detailed cost evaluation. Complete visualization to data input via balance sheet and graphs. Read full review ScreenShots