Budgyt Reviews

“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 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.

“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 - Make budgeting great again

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.

“Budgyt Software is

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.

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

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.

“Budgyt is easy to setup and easy to use

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.

“Simple yet complex

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.

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

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.

“Everyone needs to explore Budgyt

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.

“Best Budgeting Tool found so far.

Pros

Managing multiple companies with multiple departments is seamless with Budgyt.

Cons

Given our company's large database, speed is a concern that needs improvement.

“Great collaboration tool!

Pros

It's excellent for cross-team collaboration on budgeting and forecasting.

Cons

For those without a finance background, navigating the system might be a bit challenging.

“Perfect for budget-holder engagement

Pros

Easy to implement and great for engaging budget holders. The access control is excellent, ensuring that budget holders only see their sections while contributing to a more complex budget.

Cons

Using Budgyt is simple; I didn't encounter any difficulties.

“Budgyt is PERFECT for our Business

Pros

The implementation was easy, and the customer support is outstanding.

Cons

I can't find any downsides to using Budgyt.

“Budgyt is an essential tool for non-profit leaders

Pros

The dimensions feature helps track which grant or contract funds each staff member, and the tools allow expense allocation based on salaries.

Cons

I haven't encountered any particular problems; any issues we've faced were quickly addressed by support.

“Budgyt Review

Pros

It's a great product, super easy to use, and saves time.

Cons

No issues noted. Our experiences with Budgyt have been excellent.

“Easy to use and efficient.

Pros

The support during implementation was exceptional. The software is easy to use and saved many staff hours, including VPs' and directors' time. Whenever we made changes, all the reports were automatically updated, and we no longer have issues with old versions of the budget. We would never go back to spreadsheets.

Cons

We can't think of anything negative to mention. It's been a positive experience overall.

“excellent product

Pros

The product is very simple to use. The comparisons are incredibly helpful, and navigating between companies and departments and drilling down is very beneficial.

Cons

Reporting functionality is satisfactory, though sometimes adjustments are needed when running reports directly from Budgyt.

“Good business value --- equipped non-financial leaders access to Financial Analysis

Pros

The ease of use for non-financial leaders allows them to see how their area is performing against the budget and projection and drill down into transactional details without assistance from the finance team.

Cons

We haven't automated our integration from the ERP to Budgyt yet.

“Amazing Product!

Pros

We use Budgyt to manage our budgeting process and ensure that budget managers are aware of their spending compared to their budget each month. Our organization leaders also leverage the platform to determine budget spending and allowances.

Cons

The lack of integration with our accounting software can make usage challenging at times.

“Budgyt for Healthcare

Pros

I liked the simplicity of use and the ability to coordinate with administration.

Cons

It took me a bit of time to grasp how to work with variances, but overall, the experience was very positive.

“Budget Friendly option for creating and updating budgets and forecasts

Pros

We use Budgyt for all our budgeting and forecasting needs. Users create their budget needs in the software, and those requests go through an approval process before being added as valid items in the budget. We can also run multiple budgets and forecasting scenarios at once, which helps us plan for any possible outcome.

Cons

I wish there was a direct connection with our accounting software.

“User Friendly & Affordable Budget Solution

Pros

The solution is incredibly intuitive and loaded with powerful features like scenario-based data modeling, segregation capability, Xero integration, and SAML 2.0 authentication support. Our implementation consultant, [SENSITIVE CONTENT], was excellent during the implementation phase, gathering requirements, leading workshops, and helping us configure the system.

Cons

Initially, we faced some system performance issues, but once we reported them, the support team quickly resolved the problem.

“Provides exceptional mobile integration

Pros

Budgyt is one of the best infrastructure providers for budgeting-related application development.

Cons

Budgyt offers excellent no-code solutions, but it would benefit from improvements that provide more customizable options.

“Best budgeting software in the market

Pros

Simple to set up and operate. Very competitive pricing. Excellent support. Virtually no change management needed.

Cons

Being an online platform, it doesn't match the speed of software installed on a PC.

“Budgyt Review

Pros

The system is easy to navigate, and the support from Budgyt, along with their thorough training and implementation, was outstanding.

Cons

For approval notifications, I wish it only showed pending items when I open the system without needing to filter. During year-end, loading times can be slow due to the high volume of users entering new data, as the system also loads approved and declined changes.

“Budgyt - Easy to use and affordable!

Pros

It is very simple, and nearly every time I have a question, I find the answer on Budgyt's support page.

Cons

Honestly, I can't think of any cons. We've only needed a few workarounds, and Budgyt's enhancements have consistently added immediate value.

“Budgyt Software is the best

Pros

This software is easy to navigate and highly detailed. It does an excellent job of projecting labor costs, including payroll taxes and benefit costs.

Cons

There's no balance sheet yet, but I hear the module is coming soon. I'm not sure if I'll use it much.

“Death to Tabs

Pros

Budgyt addressed our planning and forecasting needs, filling a gap in our ERP system that no other third party or the direct OEM manufacturer could. Budgyt is now central to our operations and a tool we use daily to achieve the double-digit growth we've enjoyed since deploying it throughout our organization.

Cons

I am considering the difference between Cloud versus perpetual licenses that we could install in our data center.

“Your business needs it!

Pros

Generates quick and accurate reports with minimal scope for errors.

Cons

The visualization tools need improvement as they are hard to implement.

“Easy to use platform with amazing features.

Pros

The platform is simple to use with amazing features and excellent support.

Cons

It lacks a balance sheet and cash flow feature, but these are currently being tested and should be available soon.

“Answers to my prayers

Pros

For years, I did our budget in Excel, printing out pages for managers to make manual changes that I then had to re-enter into Excel. The most frustrating part was budgeting payroll and benefits, which took 6-8 weeks and was never accurate. Budgyt solved all these issues.

Cons

Initially, the learning curve was steep, but Budgyt provided patient and expert guidance throughout. I use QuickBooks Desktop, and the import process to Budgyt is somewhat basic. Additionally, there is no option to export the Budgyt budget back into QuickBooks. However, I know Budgyt is close to finishing a solution for this.

“Easy to use but a bit cumbersome

Pros

This software makes building budgets very simple.

Cons

The reporting features are inadequate, and the import process from QuickBooks is time-consuming.

“Budgeting had never been this easy, thanks to BUDGYT.

Pros

Budgyt has taken over all the spreadsheets, I must say. Using excel was the old way of budgeting, anyone who wants a new and easy way to handle and manage their budgets should go for this software. It saves a lot of time, money and frustrations. This is software is something that everyone should be using if they want easier ways of budgeting. It is so easy to input the data, tracks changes occurring, creating multiple budgets, and does not only allow you to view individual cost centers but also entire entities. This software is amazing.

Cons

As such there isn’t anything major, but some of the reports takes a little while to run based on the details that are needed.

“Budgyt helped us track our spending.

Pros

Excel was such a lag for us. We were unable to track expenses and keep a proper check on the departments expenses as well. Budgyt has helped us track all our expenses and helped us keep a check and balance on all the departments expenses as well. We can now create budgets by departments and import actuals from QuickBooks to do comparisons.

Cons

It takes time to understand the formulas and how to calculate things, but once you’ve understood, it becomes a lot easier to calculate things. Customer support is great and always there to help, so not much a problem there. They should add budgets greater than a year, which would make things easier for us.

“Helps manage your finances.

Pros

For our non-profit organization Budgyt has been a great help to us. It is highly customizable and managing finance and budgeting stuff has never been this easy before. It has helped us step up our level in the finance department. It is a great software for tracking expenses and managing it.

Cons

The program administrator would have to take a lot of time from weeks to probably months just to know how the software works and all, the administrative learning part is quite a lot to take, but with the help of the tools within this software it can be learnt.