Most popular features of all Finance & Accounting apps
14 reviewers had the following to say about BudgetPak's features:
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
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
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
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
Time used: 2+ years
Frequency of use: Daily
Likelihood to recommend
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
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
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
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
Time used: Less than 6 months
Frequency of use: Weekly
Likelihood to recommend
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.
I recommend BudgetPak as an affordable, easy to use replacement of Excel oriented budgeting.
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
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.
Creating spreadsheet budgets is not the best use of our finance team¿s time, but until we found BudgetPak, it was necessary.
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
Time used: 6-12 months
Frequency of use: Daily
