Item: IDU-Concept
Rating: 8
Author: Verified User

Overall Satisfaction with IDU-Concept

Use Cases and Deployment Scope

We use IDU-Concept daily. We use it for Income Statements per cost centre as well as comparing actuals to budget and actuals to the prior year. This is available with a 30min window on the Cloud platform making it almost real-time. The Income Statements layouts, groups and view can be customised as needed. The standout feature however is the budgets module. Quick and easy budgets and forecasting.

Pros and Cons

Pros

Income Statements per cost centre
Budgets vs actuals per cost centre
Layout customisation for Income Statements

Cons

Sync delay for IDU-Concept and the ERP
Con-current user licensing model
Automatic period (i.e. open new period automatically) sync with the ERP

Return on Investment

Our ERP cannot provide Income Statements per region and actual vs budget. So the ROI is immeasurable in this aspect. We report our results on a monthly basis.
Budgeting has become so much easier as we have over 50 cost centres that are populated by the business and imported with ease.
The ability to review the Income Statements based on cost centre and in detail per GL makes reviewing so much easier.

Usability

The reason for my rating is mainly due to the fact that the super user administering the layout, mapping, groupings, period control and period displayed (actual vs budget) needs to be fairly certain of what they are doing in order to make the changes in the admin module. They also need to be confident of the effect of the changes made to display correctly on the client module. Regarding usability on the client module, its very easy to use and understand once you play around the layouts etc.

Alternatives Considered

We have not used or evaluated any alternative products. We have been using IDU for over 10 years and have not been in the market for alternatives.

Key Insights

Do you think IDU-Concept delivers good value for the price?

Yes

Are you happy with IDU-Concept's feature set?

Yes

Did IDU-Concept live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of IDU-Concept go as expected?

I wasn't involved with the implementation phase

Would you buy IDU-Concept again?

Yes

Likelihood to Recommend

Income Statements per cost centre (actual vs budget) that has been mapped to meet my business requirements. The ability to drill-down to the GL level in each cost centre when reviewing Income Statements. The ability to group Income Statements per region for ease of reporting. The Budget module that offers flexibility and automatic calculations based on inputs make budgeting easier.

Comments

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Daily user of IDU-Concept