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
- About
- 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 Mid-sized Companies (51-1,000 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
(1-25 of 29)Companies can't remove reviews or game the system. Here's why
March 28, 2024
Budgyt is the Best!
- Import Data
- Formulas and Excel Linking
- Reporting
- Onboarding
- Have approvals if using Balance Sheet module
- Be able to restrict payroll module access by department
- Visualizations by department without having to drill down
March 19, 2024
Budgets Made Easier
- Incorporates formulas for wages/cost of sales
- Easy to compare periods, forecasts w/ actual, budget w/ actual, etc
- Can easily send budgets to department managers
- The video library is great
- Downloading detailed reports takes a long time
- 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.
- The ability to remove %'s entirely from reports, instead of only partially removing %'s from a report.
- The formulas C2C and FOAs can be confusing to set up. I think more explanative data ---- hovering over question marks alongside cells you must complete as a suggestion --- in this module would be useful. These formulas work great once you trial & error your way into them operating. But we find their initial set-up a time commitment. We don't want to watch how-to videos each time we set them up. The hover/clarifications of what certain cells mean would be very helpful.
March 05, 2024
Great financial platform!
Score 10 out of 10
Vetted Review
Verified User
- 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
March 05, 2024
Great Cross-Team collaboration tool that empowers!
- Customer Support
- HR Formulas
- Line by line budgeting
- Explaining how to use the different scenarios
- Editing imported descriptions of expenses
August 31, 2023
Budgyt is great for Budgets!
- The software provides ease in making edits and changes while working with many scenarios that can be created within the platform.
- The visualizations are extremely helpful for presentations.
- Provides recorded training sessions to review at any time when learning the software
- Creating a symbol to click on to import from the software to the Desktop version of QuickBooks
- Budgeting
- Forecasting
- Reporting
- Detailed analysis: Data drill-down
- Integration with other ERPs (specifically, Sage Intacct)
- Advanced features such as formulas and employee module could be easier to use
June 29, 2023
Budgyt makes work with numbers easy
- 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.
- 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.
- Manages our finances
- User-friendly
- Easily customizable
- Would love to integrate Bugdyt with our accounting software
March 07, 2023
Perfect for Budget-Holder Engagement
Score 10 out of 10
Vetted Review
Verified User
- Access control
- Hierarchy
- Customer service
- Better cashflow reporting
March 07, 2023
Budgyt is an Excellent product
- Excellent consolidated reporting
- Importing and Exporting data is extremely easy
- Customer support is excellent
February 15, 2023
Best budgeting tool I've ever used!
Score 10 out of 10
Vetted Review
Verified User
- Robust reporting
- Employee costs
- Track changes
- Simple integration
- Sometimes the reports took a while to run
September 27, 2022
Excellent budgeting software
- Easy comparisons with other budgets
- Great data base easy to maintain
- Easy to input
- Easy to navigate
- Allows for fairly sophisticated formulas
- I don't care for their out of the box reporting. We need to tweak it for our use.
- Nothing else. It is a really nice product!
September 06, 2022
Great User-interface for ERP for Non-Financial leaders
- Monthly comparisons to budget
- Drill down to transactional detail
- Ad hoc analysis comparing current year to budget, projection, and prior years
- Automated interface between ERP (Microsoft Dynamics GP) and Budgyt.
September 02, 2022
Budgyting our Budgets
- Payroll Formulas
- Budget to Actuals
- Categorization of Expenses
- Sync with Accounting Platforms
- Availabilty to Download entire department budget by lines
- Comment issues
September 02, 2022
Budgyt for Healthcare
- Compare one fiscal year with another
- Track expenses
- Create a workable budget
- Communicate with Leadership
- I would have appreciated having access to training videos.
August 31, 2022
Budget efficiency redefined
- 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
August 26, 2022
Budget-friendly budget and forecasting solution.
- Export/Imports
- Employee salary and deduction tables
- Ability to create formulas to and assign rates to revenue and expense lines
- Can link to data outside of Budgyt
- reporting comparisons
- Ability to link to accounting software
August 09, 2022
Value for Money Budgeting Solution
Score 9 out of 10
Vetted Review
Verified User
- Good User Interface
- Scenario Based Modelling
- Xero Integration
- SAML 2.0
- Better system performance
- Open APIs
- Intutive User Interface
- 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
- Collecting information
- Continuous improvement
- Customer service
- Pricing
- Sending communication from Budgyt
February 28, 2022
Budgyt Review
- 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
February 21, 2022
Budgyt - Affordable and easy to use!
- variance analysis
- headcount budget/planning (HR formulas)
- easily exportable for further reporting
- We would have loved to see a Balance Sheet/Cash flow function within the platform, but almost like Budgyt knew, it's already in beta stage of being released!
February 16, 2022
Answer to my prayers!!
- Reports by Class
- Comparison to previous year...budget or actual
- Rolling up or expanding the data based on the audience
- Automatic import or export for Quickbooks Desktop...but this is coming very soon!!