BudgetPak Features

BudgetPak

Budgeting, forecasting and reporting for SMBs

4.81/5 (16 reviews)

BudgetPak Feature Summary

  • Situational budgeting
  • Headcount and salary planning
  • Asset planning
  • Built-in reports
  • What ifs and scenario modeling
  • Dashboards
  • Real-time integration with Excel
  • ActionPaks: budget multiple line items at the same time
  • Documentation and justification
  • Communicate via detailed documentation or file attachments
  • Revenue and expense planning
  • Top-down controls
  • Calculations and allocations
  • Approved guidelines
  • Bottom-up flexibility
  • Salary planning tool
  • Catalog of pre-defined assets
  • Spreading methodologies
  • Self-service reporting
  • P&L, variance, headcount, asset and consolidation reports
  • Table-driven set-up and maintenance
  • Embedded calculations and drivers
  • Automated approval workflow
  • Security
  • Complete transparency
  • Real-time data and reports
  • Automated data merge
  • Custom starting point
  • User-centric interface
  • ERP integration

Finance & Accounting Feature Comparison

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Automatic Reminders (80 other apps)
Billing & Invoicing (114 other apps)
Customizable Reporting (84 other apps)
Data Import/Export (90 other apps)
Electronic Payments (99 other apps)
Expense Tracking (107 other apps)
Invoice Management (158 other apps)
Invoice Processing (95 other apps)
Multi-Currency (92 other apps)
Real Time Data (91 other apps)
Receiving (90 other apps)
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Third Party Integration (94 other apps)

BudgetPak Feature Reviews

14 reviewers had the following to say about BudgetPak's features:

Dave Lyons

BudgetPak is robust AND easy to use

2009-07-10

Very useful for all sizes of organizations. We examined all of the top Gartner-recommended products, and this was by far the easiest for our staff to understand and be proficient with.

Pros

Even users challenged to use Excel understand BudgetPak Very easy from IT's perspective to install, maintain, and load updates Great for what-if scenarios Robust headcount management Multiple ways to budget - by month, by headcount, by monthly spreading, by percent increase or decrease, etc.

Cons

Not any real problems!

Rating breakdown

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

BudgetPak is easy to implement and is very user friendly.

2009-07-09

BudgetPak made it easy to make those changes quickly and consolidation was a snap with great audit trails.

Pros

It was also their feedback that made the decision easy to select BudgetPak.

Cons

The vanilla canned reports that came with BudgetPak are good, but I would like to see more custom reports or more ways for me to build custom reports.

Rating breakdown

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

Budgetpak is a powerful and easy to use budgeting tool

2009-07-16

Strongly recommended. Provides us the functionality we require, coupled with a user experience that requires virtaully no training. A very solid product.

Pros

Real-time rollups, version control, auditability, integrated headcount and capital budgeting.

Cons

On-the-fly configuration changes often require a system "reinitialization" which requires the software be taken offline for a short period of time. Can be done off-hours, but in an international company with users all over the world, this can be inconvenient.

Rating breakdown

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

Incredibly useful for establishing dynamic & inclusive ("bottom up" budgeting process

2018-02-16

Inclusive budgeting process and much enhanced ability to forecast and deliver needed reports.

Pros

The numerous ad hoc reports and MyExcel features are also dynamic and incredibly useful.

Cons

While Xlerant offers wonderful and ready customer service, we still found the installation process very time consuming and quite challenging.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Jill Larsen

User friendly budgeting

2009-07-09

This software has made our budget process more transparent & more efficient.

Pros

*Budget users love it *Provides transparent payroll budgeting for the budgeting manager *Security provides different levels of access for users *Organization wide reports are easy to produce *Excellent visibility of comparative data - both budgets and actuals *Ability to spread budget based on several easy to use methodologies

Cons

Wish they made more software products!

Rating breakdown

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

Love that BudgetPak

2009-07-15

I'm a user so I don't know about the back end, but the front end is great.

Pros

We used a customized Access approach in the past that was terribly cumbersome and counter-intuitive. BudgetPak is just the opposite. This is our second year with it. I loved it from the start and still do.

Cons

No cons to report

Rating breakdown

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

Outstanding Product!!

2009-07-09

Excellent product - you will not regret the purchase.

Pros

The reporting is versatile and exportable. The tech support area is prompt, helpful and answers even the smallest of questions with courtesy and professionalism.

Cons

Nothing comes to mind - any problems we have encountered have been dealt with promptly with detailed instructions.

Rating breakdown

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

Very pleasant

2018-04-30

BudgetPak meets our company's need for budgeting purposes.

Pros

The software fits our company's need. The client service (Team) is very responsive. The communication portal (basecamp) is very convenient.

Cons

The software BudgetPak is constantly upgraded with new functions and advanced reports, which well satisfies our company's need for budgeting.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Donna Farlow

Meeting Goals with BudgetPak

2014-02-20

The executives and I now spend our time making decisions based on quickly summarized data which is fully owned and supported by the Budget Managers.

Rating breakdown

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

BudgetPak Review

2012-01-30

I recommend BudgetPak as an affordable, easy to use replacement of Excel oriented budgeting.

Pros

Department managers with little budgeting experience are walked through the budgeting process step by step, in a manner similar to Turbo Tax.

Cons

Minor issues with headcount changes

Rating breakdown

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

Bunker Hill Review

2012-02-13

I would recopmmend this product over any other product that claims to manage and develop the budget process. There is no comparison out there and this is hands down the best purchase I have made in my 11 years as Budget Director.

Pros

Ease of use Intuitive approach More accurate budgeting More efficient process Improved communication Easy access to previous versions More accountability from managers Minimal internal IT resources needed (personnel) Excellent customer service

Cons

I have nothing negative to say about this product.

Rating breakdown

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

Massachusetts School of Professional Psychology

2014-04-10

We wanted a system that not only could provide us with control over the budgeting process, but a system that could help us with forecasting the bottom line at the end of the year.

Rating breakdown

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

Addison Group Review

2013-12-20

Creating spreadsheet budgets is not the best use of our finance team¿s time, but until we found BudgetPak, it was necessary.

Rating breakdown

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

XLerant provides a fantastic software that has greatly improved our budgeting process.

2018-02-20

Pros

The customer support. Any time there is a question or concern, the XLerant team quickly responds and assists.

Cons

It has taken me a bit of time to learn all the options within it.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more