Budgyt

“All in one budgeting tool

Pros

Budgyt is an excellent tool. I use it to understand and manage our organization's budget. It's quick and simple to use, offering reporting features that make everything clear and comprehensible.

Cons

Currently, there are no issues. It meets our business requirements adequately.

“Budgyt has enhanced my financial reports and presentations to senior executives.

Pros

The versatility of Budgyt impresses me, especially how effortlessly I can convert reports into different formats. Almost all ad-hoc report requests can be met with pre-designed templates in Budgyt. Previously, fulfilling such requests involved manual reformatting across different dimensions, periods, and departmental combinations.

Cons

Some report views still show %% that cannot be entirely removed within the program; I have to delete them in Excel afterwards.

“Budgyt is the BEST!

Pros

I like Budgyt's business model, which let me try it out with our data and most of the setup without an upfront payment. Budgyt is a vast improvement over my bulky multi-company, multi-department Excel spreadsheet. It's great that we can upload detailed actual GL data for users to view. I love that we can easily see prior year monthly actuals and budget on the data sheet for a gut check. The formulas and Excel linking files work flawlessly. Implementation was very smooth, and I haven't needed to contact customer support yet. This product was clearly designed by a professional and is easy enough for a non-financial manager to use. We just started using it for monthly re-forecasting and our annual budget. It's much easier to get input from department heads. Users range from those responsible for a single expense to managers overseeing multiple departments. With the GL import feature, users can see prior actual data without accessing our accounting program, allowing us to forecast how the year will compare to the budget. We can easily run various reports on the dashboard and print to Excel. There are options to add comments on the data sheet. The approval process makes it easy to view what needs approval.

Cons

I faced challenges in restricting user access to the Payroll module by department. Also, we couldn't utilize the approvals feature when using the Balance sheet, which we are contemplating.