Planning Maestro Features

Planning Maestro

Business budgeting, planning, forecasting & analytics

3.95/5 (42 reviews)

Planning Maestro Features In Depth

Driver-Based Modeling

Planning Maestro comes with built-in business and financial logic capabilities, which empowers users to quickly setup their own operating, account, and management reporting structures. Planning Maestro is designed to dynamically update, providing users with confidence in knowing that their results are always accurate. It also incorporates key performance indicators into the planning process.

To use Planning Maestro’s driver-based modeling, you’ll need to start by creating a list of drivers, which are financial or non-financial variables. Once your list of drivers is created, you can use them anywhere within your business model to generate any type of unit, monetary, or ratio calculation. When you need to make a change to your model—for example when your number of employees changes—just adjust the driver and the new information will be updated automatically in your model.

Expense Budgeting

With Planning Maestro, expenses can be allocated with financial and operational modeling, expense and revenue budgeting, or workforce planning. The expense budgeting feature automates the most time-consuming activities involved in business budgeting and forecasting. Users are able to create budgets without using spreadsheets, formulas, macros, or links.

When you use Planning Maestro for expense budgeting, you’re able to add and change the accounts you would like to track on a dime. You can also make changes to your organizational structure and track your forecasts by operating area. Using driver-based planning, you’ll also be able to link specific expenses to key business variables.

Cash Flow Planning

Because many small and mid-size businesses struggle to understand where their cash flow positions currently stand and how those positions may change in the future, Planning Maestro has introduced a number of cash flow planning features. Specifically, the software offers built-in rules for organizations with dual-entry methodology.

Pre-define you’re A/R and A/P schedules and Planning Maestro will automatically calculate transactions for each, ensuring accurate balance sheet statements and cash flow reports.

Financial Forecasting

When they’re done right, financial forecasts are constantly evolving. Forecasts with Planning Maestro can be easily modified based on real-time changes in conditions. The ability to make quick adjustments as conditions change helps keep forecasts accurate throughout the entire fiscal year. With Planning Maestro you’re able to generate variance reports on budget, actual, and re-forecasted numbers. You’re also able to centralize financial data in a single database, rather than across multiple spreadsheets, and consolidate that same data automatically to reflect changes in key business drivers or market conditions.

Competitor Feature Comparison

"What If" Scenarios
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Ad hoc Analysis
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Asset Lifecycle Management
Audit Management
Budget Control
Budgeting/Forecasting
Cash Flow Management
Cash Management
Chart of accounts
Charting
Collaboration Tools
Consolidation/Roll-Up
Customizable Reports
Customizable Templates
Dashboard
Dashboard Creation
Data Import/Export
Data Visualization
Drag & Drop
ERP
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
Forecasting
General Ledger
Income & Balance Sheet
Inventory Management
Key Performance Indicators
Monitoring
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Data Sources
Nonprofits
Payroll Management
Performance Management
Performance Metrics
Planning Tools
Profit/Loss Statement
Progress Tracking
Project Accounting
Projections
Qualitative Analysis
Quantitative Analysis
Reporting & Statistics
Reporting/Analytics
Sales Forecasting
Sales Reports
Scenario Planning
Search/Filter
Self-Service Reporting
Single Sign On
Strategic Planning
Third Party Integrations
Version Control
Visual Analytics
Workflow Management
Learn moreCompare App
"What If" Scenarios
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Ad hoc Analysis
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Asset Lifecycle Management
Audit Management
Budget Control
Budgeting/Forecasting
Cash Flow Management
Cash Management
Chart of accounts
Charting
Collaboration Tools
Consolidation/Roll-Up
Customizable Reports
Customizable Templates
Dashboard
Dashboard Creation
Data Import/Export
Data Visualization
Drag & Drop
ERP
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
Forecasting
General Ledger
Income & Balance Sheet
Inventory Management
Key Performance Indicators
Monitoring
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Data Sources
Nonprofits
Payroll Management
Performance Management
Performance Metrics
Planning Tools
Profit/Loss Statement
Progress Tracking
Project Accounting
Projections
Qualitative Analysis
Quantitative Analysis
Reporting & Statistics
Reporting/Analytics
Sales Forecasting
Sales Reports
Scenario Planning
Search/Filter
Self-Service Reporting
Single Sign On
Strategic Planning
Third Party Integrations
Version Control
Visual Analytics
Workflow Management
Visit WebsiteCompare App
"What If" Scenarios
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Ad hoc Analysis
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Asset Lifecycle Management
Audit Management
Budget Control
Budgeting/Forecasting
Cash Flow Management
Cash Management
Chart of accounts
Charting
Collaboration Tools
Consolidation/Roll-Up
Customizable Reports
Customizable Templates
Dashboard
Dashboard Creation
Data Import/Export
Data Visualization
Drag & Drop
ERP
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
Forecasting
General Ledger
Income & Balance Sheet
Inventory Management
Key Performance Indicators
Monitoring
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Data Sources
Nonprofits
Payroll Management
Performance Management
Performance Metrics
Planning Tools
Profit/Loss Statement
Progress Tracking
Project Accounting
Projections
Qualitative Analysis
Quantitative Analysis
Reporting & Statistics
Reporting/Analytics
Sales Forecasting
Sales Reports
Scenario Planning
Search/Filter
Self-Service Reporting
Single Sign On
Strategic Planning
Third Party Integrations
Version Control
Visual Analytics
Workflow Management
Visit WebsiteCompare App

Planning Maestro Feature Reviews

25 reviewers had the following to say about Planning Maestro's features:

Ravi Karan K.

Budget Maestro: Extensive Financial Support Tool

2016-11-10

It has powerful what-if capabilities offering a real-time forecast of the financial health of the business.

Pros

1. Lesser data redundancy than excel. 2.

Cons

Initial setup time longer than expected.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

9/10

Recommendations to others considering Planning Maestro

Scaled the recommendation to 9 for this software. It is an effective tool to have in any business.

Source: Software Advice
Helpful?   Yes   No
Read more
Linda Z.

It is goo to have.

2021-08-12

I like the reports, we can create any reports we would like.

Pros

everyone can review this within the company, easy to update the budget and export the reports

Cons

there no no GL accounts which is very important for us

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Occasionally

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Brent D.

Overall solid business performance management software

2009-07-01

Solid business performance management software package.

Pros

All reports can be exported to Excel 6.

Cons

Can't run a statement of cash flows based on "actual" data, only on "plan" data. 2.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
David D.

Powerful, flexible, and reliable budgeting software

2015-07-28

Pros

Combining Link Maestro and Analytics Maestro to Budget Maestro provides the only solution one needs to not only generate a budget or forecast but to then generate all the financial reports, statements, breakdown analysis needed by management.

Cons

However, now with their recent addition of Analytics Maestro, this issue is gone as Analytics Maestro is an Excel add-on so that you create and format all your needed standard and custom reports inside Excel and use Analytics Maestro to drop in the numbers and data you want in each report or statement.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Likelihood to recommend

10/10

Recommendations to others considering Planning Maestro

Participate in any demos the software company provides of its software then get them to show you how their software would handle your situation, your unique or most difficult budgeting issue. Push for a reasonable money-back guarantee period that gives you time to truly try setting up and generating your budget within the software.

Source: Software Advice
Helpful?   Yes   No
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Sundeep M.

Good moderately prices software

2018-01-09

Lesser data redundancy than excel.

Pros

The forecasts with Budget Maestro can be easily modified based on real-time changes in conditions.

Cons

Would prefer a web interface option

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Akash Y.

Out of the box financial solution software

2016-11-10

The software comes with 40 pre-built, customizable GAAP/IFRS-compliant reports.

Pros

Driver Based Modeling Good integration with many ERP and account systems.

Cons

Requires time to configure and get used to it and then can perform tasks at a high speed.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Monthly

Likelihood to recommend

9/10

Recommendations to others considering Planning Maestro

An intuitive out-of-the-box solution, Budget Maestro is suitable for use in a range of industries, including manufacturing, retail, healthcare, wholesale/distribution, business services and nonprofits.

Source: Software Advice
Helpful?   Yes   No
Read more
Naheel S.

Maestro Review

2016-11-16

Our accounting department who used the program daily to process hundreds of invoices did not have any negative feedback or comments about the use of the software.

Pros

User friendly interface and reports Good drill down to get to source documents

Cons

Would prefer a web interface option

Rating breakdown

Ease of use
Features

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

7/10

Recommendations to others considering Planning Maestro

not sure as we have not researched lately other options

Source: Software Advice
Helpful?   Yes   No
Read more
Alan H.

A small and medium size company budgeting and forecasting solution that can be maintained in house with little or no reliance on consulting or outside services.

2018-01-29

Pros

The software can be directly integrated to popular ERP or accounting software GLs and the Analytics module which is integrated to Budget Maestro can also be integrated to other data sources such as CRM, inventory management, warehouse management, sales reporting data and others.

Cons

The workflow process in this application lacks in capabilities expected from larger solutions.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Software Advice
Helpful?   Yes   No
Read more
Tom H.

2009-07-01

I find the product to be a real good investment for not just annual budgeting, but also for tracking against actuals and forecasts.

Pros

Also, the Link Maestro product is a great add-on for importing from MAS90.

Cons

My only complaint is the amount of formatting I have to do when exporting a report to a spreadsheet.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Kathlee P.

Budget Maestro is a solid tool, and I'm looking forward to enhanced features and functionality in 9.

2018-05-21

Pros

I do like the preview of the expense and how it will look like on the P&L.

Cons

Reporting. In analytics the idea of building is great, reminds me a salesforce.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Ana Gloria F.

Maybe a good long term solution

2018-04-10

After the system is all set up, including the financial presentation, which you have to drag account by account manually to make sure it shows up where you want, system starts to become useful.

Pros

Eliminates the use of excel spreadsheets and circulation formula errors when dealing with multiple companies or consolidation.

Cons

Very limited when you have to export to Excel because all data is exported as text format.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

2/10
Source: Software Advice
Helpful?   Yes   No
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Liora D.

Great Tool

2010-03-22

Being able to import Actuals and measure against Budget is a breeze.

Pros

My trainer, quickly understood my objectives and helped setup my structure. Imported my chart of accounts exactly as I have them setup in my Dynamics GP in just a few minutes.

Cons

Interface looks old.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
A verified reviewer

Budget Maesteo really keeps my finances in order

2018-07-25

Pros

I love the way this product is so easy to use and track all of my spending.

Cons

There are times when I have to manually scrub the data to make it useable.

Rating breakdown

Value for money
Ease of use
Features

Time used: 6-12 months

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Mukul K.

Forecasting and Financial Report Generation made easy

2016-11-10

The forecasts with Budget Maestro can be easily modified based on real-time changes in conditions.

Pros

Runs on cloud as well as on-premise. Free trial is available which should be used before purchasing the full software in order to test applicability. Good GUI

Cons

Initial versions of updates have a few bugs which are fixed in later versions.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

8/10

Recommendations to others considering Planning Maestro

Advisable for small to mid size businesses.

Source: Software Advice
Helpful?   Yes   No
Read more
Tamau R.

Pure Planning

2019-11-24

Too business support management even when someone lacks with a bit in attention to detail allowing for easy corrections and edits

Pros

Little to no consultation with a robust budgeting, forecasting and integration with their analytics tool, Analytics Maestro, Budget Maestro.

Cons

Deoendi on company size workflow process is lacking.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Read more
Catherine P.

A Value Add from Day One

2014-01-16

Pros

We greatly appreciate the flexibility Budget Maestro offers our nimble team to make changes on the fly and seamlessly integrate with our ERP system to ensure financial data is accurate and up to date.

Cons

It does take time to maintain new accounts. However, the benefits exceed the extra time for maintenance.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend

10/10

Recommendations to others considering Planning Maestro

Budget Maestro was recommended to us by Syspro. It works well and enhances our ERP system and provides greater reporting capability.

Source: Software Advice
Helpful?   Yes   No
Read more
Tom J.

Overall a good, easy to use product. Eliminates the need to budget in Excel.

2018-05-21

A better structure to the data collection and processing.

Pros

Can quickly import actual data from our ERP system and take the actual, budget, and forecasted data into Excel for custom financial reporting and analysis.

Cons

The structure that is in place for customer support. We have been using BM for about 4 years. When we need support it's an urgent need, we need an answer promptly. The current structure of sending an email to get on the support staff's calendar for a call is too slow. Prefer to call, get in the cue, and get an answer immediately.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Eric K.

Centage has been a key partner in our company's financial reporting capabilites.

2017-12-14

Centage has been a good partner for RSC as we continue to grow reducing manual work and possibility of errors through their platform we utilize for Scenario Reporting and our Annual Budget Process.

Pros

Centage provides strong customer service and the product has been terrific value for our organization.

Cons

Our group has not transitioned over to the new Cloud Based program with Centage as of yet, so we experience limitations on uploading a large amount of data for various dimensional reporting.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
Read more
Donell S.

I use this software to help my company with general budgeting maintenance such as uploading actuals.

2017-06-07

Pros

I like that any errors I get can be exported to excel making it easier to research the error.

Cons

When drilling down into account detail the balances per entity are not in order.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Randy O.

Budget Maestro Review from Dakota Electric Association

2010-04-13

It would be important for any organization to analyze their data and structure requirements prior to selecting the budgeting tool which would best complement their data needs.

Pros

Budget Maestro is a user friendly budgeting tool with some helpful budgeting features including benchmarking, spreading mechanisms, and ease of use. Support from Centage has been good in terms of timeliness of responses and problem solving over the past 5 years. Overall it has been widely accepted within our organization and has helped improve the efficiency and accuracy of our budget process at DEA.

Cons

Calculating data at times can be slow due to multiple users in the system at the same time.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Frances F.

Satified Budget Maestro user

2014-12-11

Pros

Uploading the information from our accounting software is easy to do.

Cons

We are still using an older version because there is one particular report that we like that has not been able to duplicated to our satisfaction on the newer version.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend

8/10

Recommendations to others considering Planning Maestro

Do a run through your current processes and make a list of all the ways you would use it. Then create an outline for each area you wish to review. The more specific your questions based on your needs, the better.

Source: Software Advice
Helpful?   Yes   No
Read more
Gary K.

Budget Maestro

2009-07-01

I recommend this product to a professional who takes the budget process seriously.

Pros

Excellent budget tool and a fair price.

Cons

Report generation is a little too slow.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Rudrajyoti C.

A scalable and secure budgeting and planning software

2016-11-09

The built-in finance logic uses profit and loss activities to automatically build balance sheets and thus, cash flow statements from it.

Pros

A synchronized system in terms of logic and automatic calculations from data that is input in the system. Free trail available

Cons

Little costly

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

8/10

Recommendations to others considering Planning Maestro

This software offers quite a bit of detailing in the results. I would advice using the software at a smaller scale in the organization and then implementing as a whole.

Source: Software Advice
Helpful?   Yes   No
Read more
Fran F.

Budget Maestro

2014-02-13

We have been using the software for about 7 years and it has been extremely helpful for our reporting. We used spreadsheets before that and to make changes to any item was a nightmare and now it is much easier.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Micah K.

Budget Maestro Review

2009-07-07

4.5 out of 5 stars. Cant wait to try Planning Maestro!!!!

Pros

Adding costs or revenues is easy, and being able to drill down into details to find answers has been priceless. Importing values for the budget also saves a TON of time!

Cons

With any program that is going to provide so much detail, there is a great amount of set up time to ensure accounts and other items are set up properly.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more