Budgyt is the Best!
We just started using it, for monthly re-forecasting and will use for our annual budget. Much easier to get input from department heads …
Starting at $499 per month Departments
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What is Budgyt?
Budgyt is a platform made to simplify business budgeting.With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt is presented as an optimized budgeting experience that rids users of complex, error-prone spreadsheets and the time-consuming…
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Pricing
Non-Profit - Easy
$399
Cloud
per month 12-month annual subscription
For Profit - Easy
$499
Cloud
per month 12-month annual subscription
Non-Profit - Plus
$799
Cloud
per month 12-month annual subscription
Entry-level set up fee?
- Setup fee required
For the latest information on pricing, visithttps://budgyt.com/pricing
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $499 per month Departments
Product Details
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- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
What is Budgyt?
Budgyt is a platform made to simplify business budgeting.
With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt is presented as an optimized budgeting experience that rids users of complex, error-prone spreadsheets and the time-consuming upkeep they require.
It provides users navigable dashboards, drill-downs through data hyperlinking, formulas built away from the user interface, and automatic consolidation. With unlimited users, all team members can access their data, analyze variances, and budget both top-down and bottom-up in a single platform, with secure user permissions to ensure sensitive information is always secure and hidden.
According to the vendor, Budgyt was built by experienced power users looking for a more efficient and insightful approach to budget planning. Their goal was to achieve ease-of-use, speed, and data accuracy to streamline the process, giving companies the power to stay agile and fully prepared for whatever happens next.
With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt is presented as an optimized budgeting experience that rids users of complex, error-prone spreadsheets and the time-consuming upkeep they require.
It provides users navigable dashboards, drill-downs through data hyperlinking, formulas built away from the user interface, and automatic consolidation. With unlimited users, all team members can access their data, analyze variances, and budget both top-down and bottom-up in a single platform, with secure user permissions to ensure sensitive information is always secure and hidden.
According to the vendor, Budgyt was built by experienced power users looking for a more efficient and insightful approach to budget planning. Their goal was to achieve ease-of-use, speed, and data accuracy to streamline the process, giving companies the power to stay agile and fully prepared for whatever happens next.
Budgyt Features
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Budgyt Intro Video
Budgyt Integrations
Budgyt Competitors
Budgyt Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | Global |
| Supported Languages | English |
Budgyt Downloadables
Frequently Asked Questions
Budgyt starts at $499.
Reviewers rate Implementation Rating highest, with a score of 9.1.
The most common users of Budgyt are from Small Businesses (1-50 employees).
Budgyt Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 35% |
| Mid-Size Companies (51-500 employees) | 45% |
| Enterprises (more than 500 employees) | 20% |
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Reviews and Ratings
(35)Attribute Ratings
Reviews
(1-8 of 8)Companies can't remove reviews or game the system. Here's why
March 05, 2024
Great financial platform!
Score 10 out of 10
Vetted Review
Verified User
We use Quickbooks for our accounting software, where we pay per user. Budgets were cumbersome because they were built within multiple spreadsheets, all of which fed into a master sheet. Formulas would get deleted, and trying to share the information with our finance committee and board was tedious. Budgyt allows access to anyone we give access to create budgets within their department, view monthly financial info, and forecast upcoming months. No more formatting monthly reports for each department!
- Allows for multiple users to access budgets, financials and forecasting
- Calculates payroll automatically for forecasting and salary increases
- Allows users to leave notes on variances or other pertinent information for others to view
- Easily compare data from prior years with current year.
- Budgyt allows for formulas to be set up to calculate different data, but understanding how to set up a formula has been difficult
- Tracking item codes from Quickbooks is tedious, so we stopped reporting by item codes in Budgyt due to the extra work
- I would like to see more ad hoc reporting
June 29, 2023
Budgyt makes work with numbers easy
I use Budgyt to summarize 22 different service programs for our agency. Program personnel constantly changes and cost fluctuation needs to be controlled, projections need to be standardized. I use the platform to reflect these changes and analyze scenarios. Budgyt made this possible for me. Their customer service was very helpful in implementing the new software. Budgyt has an upload feature and I can use it with our accounting software.
- Budgyt stores different scenarios
- Setup information input is very self explanatory
- Has a great visual layout
- Dashboard is well designed
- Software could include non-profit specific features such as setting up new program locations.
May 23, 2023
Best Budgeting Tool.
We use Budgyt for budgeting & forcasting and it helps us solve the problems we used to face while using excel, as we have multiple companies and multiple departments that are involved for our annual budget. Its a user friendly tool and easy to learn and makes our day to day life easy.
- Solution for ultimate budeting needs.
- Provide each and every detail to GL levels.
- HR module is quite interesting where we can setup the whole payroll for budgeting.
- 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.
February 15, 2023
Best budgeting tool I've ever used!
Score 10 out of 10
Vetted Review
Verified User
Easy to create and input budget information
even if there are multiple entities. You
can have multiple users with specific roles and track all changes. The payroll features are robust and you are
able to create numerous formulas and benefits that correlate to each employee
along with the ability to allocate employees’ expenses. The reporting is powerful and with a few
clicks, you’ll be able to analyze any entity, department, account, period, etc.
you need. This tool is a game changer!
- Robust reporting
- Employee costs
- Track changes
- Simple integration
- Sometimes the reports took a while to run
August 31, 2022
Budget efficiency redefined
We use Budgyt software for budgeting. Each department head became a user so they make their own updates vs. having the accounting team do this. The dashboard is a great tool for rolling up information by entity, by a single department, or in total. Salary allocations are possible across different entities and departments.
- No risk of formula errors like in Excel spreadsheets.
- Drop down box under each account number for added details.
- Intuitive to use without needing a lot of training.
- Quick and easy training tool
- Clearer employee management page
Budgyt helps us create and manage
budgets for many departments and/or projects.
Budgyt is useful for importing
organizational data like trial balances, monthly profit and loss statements,
balance sheets, and other financial information.
Budgyt allows you to design the
pieces of the organization's budget structure, as well as link them
hierarchically.
The budget is customizable to
contain budget formulas, estimate direct and indirect expenses, and operate
and non-operating income.
- Budgyt collaborates in the convergence of multiple budgets in the departments of the organization.
- Budgyt is adaptable in terms of administrative access for budget changes.
- Budgyt has some reporting difficulties, and budget data is often tabular in nature, making it difficult to read on small-screen phones.
March 09, 2022
You Can't Beat Budgyt!!!!
Score 10 out of 10
Vetted Review
Verified User
Budgyt helped us to streamline budgeting and forecasting processes. The tool is very intuitive and packed with excellent features. There are about 50 users who regularly submit and consume information. We predominantly use the platform as a source of truth and for self-service: no more broken formulas, flying excel spreadsheets, and consolidation nightmares. The learning curve was not steep at all. Finally, customer service is exceptional.
- Collecting information
- Continuous improvement
- Customer service
- Pricing
- Sending communication from Budgyt
February 28, 2022
Budgyt Review
SOMN uses Budgyt to budget and forecast monthly. We have 20 budget managers and were looking for a system that was easy to use and understand for our non-financial staff. The information collected within Budgyt is imported seamlessly into our main accounting software and allows budget managers to stay on top of planning and implementation of various activities.
- Integration between Budgyt and Financial Edge (Blackbaud)
- User access limitations - ability to lock down accounts reviewed by individuals
- Training/support - very responsive
- Customization
- Approval notification - filter to always show new with the option of approved/pending