Budgyt offers a powerful financial planning platform that streamlines budgeting, forecasting, and reporting processes. It enables team-based collaboration and provides detailed insights. Users find downloading detailed reports to be slightly time-consuming. Overall, Budgyt is a reliable financial planning solution.

Budgyt Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

View All Specifications

What is Budgyt?

Overview

Budgyt is a software solution that helps small to mid-sized businesses and non-profits manage their budgets at an affordable price. It is a cloud-based solution, providing multiple users the access to work on the same budget at the same time. It is an intuitive software solution that creates budgets faster, which are more accurate and reliable than traditional spreadsheets.

The platform offers robust reporting, QuickBooks Online API, built-in calculators, and a user-friendly interface. It is a solution for both financial and non-financial members of a team. All entries are directly made to it, so no need of collecting data from anyone. It is efficient, easy to use, and is secure.

In comparison to spreadsheets, Budgyt saves 80% of the time. It helps in generating audit-ready budgets quickly, which are reliable. The software can import/export data with the existing general ledger accounting software used. It has defined user permissions and layered access points making all the data secure. Users can easily control data and distribute budgets in a safe and secure manner.

Pros and Cons of Budgyt

Pros

  • Simplifies team budgeting and forecasting with flexible planning tools
  • Delivers detailed reports and clear visualizations for thorough data analysis
  • Replace complicated spreadsheets with easy-to-use dashboards

Cons

  • The mobile interface needs improvement, especially for smaller phones
  • The reporting feature can be improved

Budgyt Reviews

Overall Rating

4.8

36 Review(s)

Rating Distribution

5

star

(29)

4

star

(6)

3

star

(1)

2

star

1

star

April 2024

All in one budgeting tool

Sukhjeet

Computer Software

Ease of use

8

Value for money

8

Customer Support

7

Functionality

8

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.

March 2024

Budgyt is the BEST!

Kathleen

Recreational Facilities and Services

Ease of use

10

Value for money

10

Customer Support

10

Functionality

8

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.

March 2024

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

Alicia

Construction

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

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.

October 2023

Budgyt - Make budgeting great again

Caitlin

Machinery

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

The customer service team is excellent, and the system is easy to use. I love the visualizations and the ability to compare scenarios effortlessly!

Cons

As I'm still exploring it, my main concern so far has been the user setup process, although it's a one-time task.

October 2023

Budgyt Software is

Karen

Non-Profit Organization Management

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I enjoy how easy-to-navigate the software is, and the best part is that I no longer have to create a new budget each year with an Excel spreadsheet, which saves me a lot of time. Being a visual learner, I appreciate using graphs to display and examine data for specific periods.

Cons

Importing from the budget into our accounting system posed some difficulty initially. However, this was more due to my skill level than any fault of Budgyt. With thorough training and practice, I managed to streamline the process and reduce import time.

August 2023

Elegant, User-friendly Budgeting & Reporting Tool that I would highly recommend

Tom

Non-Profit Organization Management

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I love the Budgyt platform! It's very intuitive and easy to use, with capabilities that allow users to get more detailed and complex as needed. It enables us to enter data in detail or summary, making it incredibly accessible and easy to read for non-finance users, saving our finance team a lot of time. Everyone on the Budgyt team, from sales to support, has been fantastic. The training was great, especially the video academy, which is my favorite and most-used training feature. Onboarding and implementation were very smooth, and ongoing support has been excellent. Aileen, the "Budgyt guru," has been immensely helpful from day one.

Cons

My primary issue' is the addition of several features like dashboards, cash flow, and balance sheet since we started using Budgyt. I'm eagerly anticipating the top item on my wishlist live integration with Sage Intacct API to automate actual data imports. I'm confident it will work seamlessly once implemented.

June 2023

Budgyt is easy to setup and easy to use

Eva

Non-Profit Organization Management

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Budgyt stores different scenarios effectively. The import and export features work well, and the dashboard can be customized.

Cons

Initially, setting up payroll data was somewhat rigid. However, now there are more options available for configuring your personnel budget.

May 2023

Simple yet complex

Danny

Construction

Ease of use

8

Value for money

10

Customer Support

10

Functionality

8

Pros

The support is excellent, and the setup is simple. We use the budgeting and reporting functions consistently.

Cons

There's nothing significant to report. Some formulas are quite intricate.

May 2023

Bugyt.com is the best software we could have invested in.

Jill

Health, Wellness and Fitness

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

Budgyt.com is an essential software for the budgeting process. It's very intuitive, and their support staff is extremely helpful. This is the second time I've referred an organization to use Budgyt.com for their budgeting needs. Their payroll module is highly functional and allows precise management of the payroll aspect of our business regarding the annual budget. We transitioned from a spreadsheet budget with 15 revisions and many errors to a dependable, error-free system.

Cons

Honestly, there aren't any negatives. This product exceeded my expectations, especially with their responsive support team.

May 2023

Everyone needs to explore Budgyt

Kobina

Logistics and Supply Chain

Ease of use

10

Value for money

10

Customer Support

10

Functionality

10

Pros

I am in my fourth year using Budgyt, and I must say this simple, visually appealing, easy-to-use, ready-to-go software has exceeded my expectations. Over the last four years, they have added multicurrency and balance sheet reporting options, making it a comprehensive management reporting tool for middle and top-level management.

Cons

The Find & Replace Import Option was particularly useful.

Frequently Asked Questions

Budgyt offers 24/7 support through a dedicated Budgyt Guru and an in-platform chatbox to quickly get help.