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 the 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
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.
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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.
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.
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.
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