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Budgyt

Budgyt

Overview

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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Recent Reviews

Budgyt is the Best!

10 out of 10
March 28, 2024
Incentivized
We just started using it, for monthly re-forecasting and will use for our annual budget. Much easier to get input from department heads …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Reviewer Pros & Cons

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Pricing

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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
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Product Details

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.

Budgyt Features

Budgyt Screenshots

Screenshot of DashboardScreenshot of Manage Scenarios (Budgets)Screenshot of Copy DataScreenshot of Data SheetScreenshot of Manage C2C's (Category to Category Formulas)

Budgyt Video

Budgyt Intro Video

Budgyt Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesGlobal
Supported LanguagesEnglish

Frequently Asked Questions

Budgyt starts at $499.

Planful, Vena, and Workday Adaptive Planning are common alternatives for Budgyt.

Reviewers rate Implementation Rating highest, with a score of 9.1.

The most common users of Budgyt are from Mid-sized Companies (51-1,000 employees).

Budgyt Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)35%
Mid-Size Companies (51-500 employees)45%
Enterprises (more than 500 employees)20%
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Comparisons

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Reviews and Ratings

(35)

Attribute Ratings

Reviews

(1-21 of 21)
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Score 10 out of 10
Vetted Review
Verified User
We would not want our 37 users to have access to QuickBooks as that would be costly and the time it would take to create specific access for the majority would be time consuming. Training would also be difficult. Additionally, QuickBooks does not allow you to build a budget with details as Budgyt does. The details in Budgyt provide our Finance Committee and Board to see what each line is actually comprised of and gives them the ability to make better decisions.
Tom Ducary | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Other than Hyperion, which is in a different league and more suitable for much larger organizations, I would say that Budgyt compares very favorably. We moved from Great Plains to Sage Intacct, and evaluated their planning solution at the time of implementation. We were very underwhelmed by the management reporter tool that we used with GP, and budgeted with Excel prior to moving to Sage. We began looking at several other products alongside Budgyt & Sage's solution, but were so impressed by Budgyt that at its price point it was a no-brainer. We liked Sage's tools plenty, but felt that Budgyt could do more and cost less, so opted to go this route despite the lack of direct integration.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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.
September 02, 2022

Budgyting our Budgets

Score 10 out of 10
Vetted Review
Verified User
Incentivized
We work with Budgyt because of the platform's usability and affordability to have more user access. Other platforms were too tricky for the end user to access or had a monthly or annual fee that didn't meet the needs of our non-profit organization. In short, the platform is really accessible.
Andrew Ferrara | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Budgyt is easy for participants to set up and use; can be integrated with any accounting software; it is excellent for loading, identifying, and correcting errors; has templates that can be used to create new reports without having to start from scratch; offers a variety of report types, including one-time or instant reports.
Score 10 out of 10
Vetted Review
Verified User
Budgyt can do almost everything the most expensive CPM software does for a fraction of the cost, with excellent support and easy adoption. I am not sure why anyone pays $100k for what could be a suboptimal product when Budgyt is available.
February 28, 2022

Budgyt Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
SOMN selected Budgyt due to the ease of integration with our existing financial software (Blackbaud), and being a separate system, not needing internal support staff to manage/update the program.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Planful was another software we looked at that seemed to have a lot more bells and whistles. Integrations into PowerPoint and Excel that were probably too much for what we needed. In the end, Budgyt was very easy to learn and understand. It provided immediate value.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Budyt is simpler, easier to use, simpler to train on, and less expensive than Budget Maestro, which we previously used. That is not meant to impune Budget Maestro. It is tremendously capable, but the version we used (and I know there has been a recent update, so things may have changed dramatically) was highly technical due to its capabilities, and was difficult to use for the newbies.
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