Budgyt Budgeting Tool
March 07, 2025

Budgyt Budgeting Tool

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Budgyt

Budgyt Budgeting Software offers a robust solution for organizations juggling multiple departments and complex budgeting needs. The platform’s biggest win for us is its seamless integration—allowing us to invite up to 20+ different departments to actively participate in the budgeting process. This collaborative setup enables teams to adjust their budgets effortlessly and submit them for approval, streamlining communication and decision-making. One of Budgyt’s significant strengths is its cumulative overview. With every department lead's activity feeding directly into the overall budget, you get an efficient, big-picture look at your organization's financial planning. This consolidated view is invaluable for maintaining control and ensuring every department’s budget aligns with broader strategic goals.

Pros

  • Budgyt budgeting software is transforming the month-end close process by streamlining executive reviews and empowering the C-suite to take control of their financial oversight. With Budgyt, executives can conduct independent financial reviews directly within the platform, enabling them to access real-time data and drill down into specific departmental budgets with ease.
  • One of Budgyt’s significant strengths is its cumulative overview. With every department lead's activity feeding directly into the overall budget, you get an efficient, big-picture look at your organization's financial planning.
  • Budgyt’s platform shines in its ability to easily configure user access, ensuring that every employee—from entry-level staff to top executives—sees exactly what they need. With a flexible permissions system, administrators can quickly set up tailored views and privileges for each role. For instance, while frontline employees might access only high-level summaries, department leads and financial managers can drill down into more detailed data. Meanwhile, the C-suite enjoys comprehensive dashboards that provide a full organizational perspective.

Cons

  • I think the user experience comes off a little flat but the functionality more than makes up for the simplistic view of the product.
  • We have saved weeks worth of time by allowing department leads to enter their budget requests within the tool and have real time budget information.
  • We use Budgyt during our quarterly executive business reviews. Budgyt has been integrated as an essential tool on which our organization relies to gain a comprehensive understanding of the state of the business.
  • Executive reviews occur each month within the tool, allowing the C-suite to probe and investigate at their own pace and delve as deeply as they wish. This approach ultimately saves time by reducing additional meetings on areas that are less critical to the business or not aligned with the C-suite's priorities.
We have not encountered any issues with Budgyt’s limitations, given the number of departments and the volume of data we pass to the tool. I have no reason to give it anything less than a 10; the only limitation so far is that we don’t have full API integration yet. Once that is finalized, we will be seamlessly integrated across all of our financial platforms and tools.
This is completely true!
We selected Budgyt over other options because it is exceptionally easy to use, perfectly meeting all our budget management needs. Its user-friendly interface, robust functionality, and cost efficiency enabled seamless multi-department integration. Budgyt delivered the performance and financial insights we required at a fraction of the cost, ensuring maximum value.

Do you think Budgyt delivers good value for the price?

Yes

Are you happy with Budgyt's feature set?

Yes

Did Budgyt live up to sales and marketing promises?

Yes

Did implementation of Budgyt go as expected?

Yes

Would you buy Budgyt again?

Yes

Acumatica, BILL Spend & Expense
The following areas are scenarios that I think Budgyt excels: Multi-Department Organizations, Collaborative Budgeting Processes, Independent Executive Reviews, Granular Access and Permission Control. Budgyt is overkill for smaller organizations with simple budget needs, however, the price point of Budgyt may still be worth considering for small teams who are expecting growth in the future.

Budgyt Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Automated Budgeting
6
Financial Planning Collaboration
10
Budget Customization
10
Departmental Budgeting
10
Import & Export Tools
10
Personalized dashboards
10
Cost and profitability analysis
10

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