Powerful, Flexible, Easy to Use Budget & Planning Solution
March 10, 2025

Powerful, Flexible, Easy to Use Budget & Planning Solution

Tom Ducary | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Budgyt

ACSM uses Budgyt to build our annual operating budget, produce and view regular periodic financial reports, and complete ad hoc data analysis. Budgyt is very user-friendly and flexible, and easy to administer, which is great considering that most of our users are non-finance folks. Budgyt is very intuitive and easy to follow, enabling successful navigation and use of financial info for our entire organization.

Pros

  • budgeting: building annual budgets from the ground-up
  • financial reporting: Budgyt includes a number of great options for navigating financial reports
  • analysis (& reporting): the ease and flexibility of configuring and using data tools allow for detailed analysis, and numerous options for accessing data to enable effective analysis and reporting views

Cons

  • minor: a desired quality of life improvement would be to alter the way things are presented/navigated via the sidebar - in some cases, it can mean repeatedly toggling between multiple tabs or going back and forth between different screens when it could be more efficient and less tedious if done differently
  • major: having access to real-time data is a priority, therefore relying on manual import/export of financial data from Sage Intacct is not ideal. Budgyt has promised that live integration with Sage's API is coming, but it has yet to be delivered.
  • time savings: cannot overstate how impactful Budgyt has been relative to our former excel-based, manually-intensive budget process
  • financial insights: Budgyt is an incredible tool for putting financial data at users' fingertips, in formats and with details presented in a way that adds value to non-finance users and enables data-driven operational decision making
there is a downside to Budgyt in how it uses detailed data. we have numerous scenarios in Budgyt, some of which contain extensive transaction-level detail, others which contain only summary data. scenarios which contain extensive amounts of detail can become bogged down and cause the system to move slowly. other than working in these scenarios, Budgyt navigates very easily from one area/screen to another which does make it easy to quickly refine search or financial report view scope, and drill-down on relevant details as desired.
it does this as advertised. it is very flexible in terms of setting up departments, as well as using other criteria (which can be customized to match user defined fields such as Sage dimensions) which then enable report customization based on these criteria. the only knock on the scalability is in scenarios in which there are excessive amounts of details, which tend to slow down the entire system when navigating these scenarios.

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

Budgyt's value for the money is exceptional. the system is very approachable - implementation, initial setup, training, and getting up to speed with regular use was a breeze. support has been exceptional ever since implementation. the system seems straightforward and can be exceptionally simple if limited in use, or more complex based on utilization of advanced features. execution is great across the board, and the support tools available to navigate any uncertainty about using the product is incomparable.

Budgyt Feature Ratings

Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
9
Management reporting
9
Automated Budgeting
8
Financial Planning Collaboration
9
Budget Customization
9
Departmental Budgeting
9
Import & Export Tools
9
Personalized dashboards
8
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated

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