Item: Centage
Rating: 9
Author: Eric Korpalski

Overall Satisfaction with Budget Maestro

Use Cases and Deployment Scope

Our company used the Budget Maestro platform since about 2014. Our team utilized the platform heavily for its Analytics Maestro capabilities being able to create custom dashboards for comparison points of actuals against the budget. The visuals we were able to produce were well perceived across our organization and the features made it possible to cascade the results to a high amount of offices with the simple click of a button.

Pros and Cons

Pros

Analytics Maestro Platform adds tremendous value.
Newer version offering is cloud based which adds value on size constraints.
Customer support has always been extremely supportive and timely on responses.

Cons

Took some time to roll out the cloud-based solution.
The older version (not cloud-based) we used took about an hour to refresh after data load.
The older version did take some time learning how to use the product to its fullest capabilities.

Return on Investment

We were a very small company growing by acquisition so it worked well during these phases of our company growth.
The return for our cost was tremendous especially in comparison to peers in the market.
Analytics Maestro allowed us to grow without adding headcount by building efficient reports that can easily be mass-produced for all branches within our organization.

Alternatives Considered

Adaptive Insights, a Workday company, LimeLight and Vena Solutions

Our company evaluated 6 product offerings in the market place a year ago and felt Budget Maestro and Vena offered the largest return on our investment at their price points. We have always been very satisfied with the product and its customer service. Since we have grown over 600% over 4 years, many of the new layers of management used other products in prior careers and we are currently at a point where the entire organization may be transitioning to an ERP solution to manage all finance and accounting functions. I would always recommend Budget Maestro as a great budgeting and analytical tool for FP&A teams as we were able to accomplish a high amount of monthly reports with a small team over the years.

Other Software Used

AMS360, Applied Epic, Concur Travel and Expense

Likelihood to Recommend

Personally, I was always very satisfied with the Budget Maestro product and platform. I used Hyperion Essbase in my prior company and felt Analytics Maestro had very similar capabilities and features which made learning the product very easy. The ongoing support has been tremendous and this is an area I find many competitors in the marketplace to have room for improvement.

Comments

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Allowed us to increase monthly reporting without increased personnel expense!