Budgyt Features

Budgyt

Affordable, Collaborative, Multi-P&L Business Budgeting

4.85/5 (20 reviews)

Competitor Feature Comparison

"What If" Scenarios
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Asset Management
Audit Management
Audit Trail
Automatic Billing
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CPA Firms
Cash Flow Management
Cash Management
Cataloging/Categorization
Chart of accounts
Check Processing
Check Writing
Client Management
Client Portal
Collections Management
Compliance Management
Configurable Workflow
Consolidation/Roll-Up
Contact Database
Contact Management
Contract/License Management
Cost Tracking
Credit Card Processing
Customer Database
Customer History
Customer Statements
Customizable Reports
Customizable Templates
Data Import/Export
Discount Management
Document Management
Document Storage
Drag & Drop
Duplicate Payment Alert
Electronic Payments
Email Management
Expense Claims
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For Government
Forecasting
Fraud Detection
Fund Accounting
General Ledger
Income & Balance Sheet
Inventory Control
Inventory Management
Inventory Optimization
Inventory Tracking
Invoice Management
Invoice Processing
Kitting
Mobile Access
Multi-Channel Management
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Projects
Nonprofits
Online Payments
Order Management
Order Processing
Order Tracking
Overpayment Processing
Partial Payments
Payment Processing
Payroll Management
Product Identification
Profit/Loss Statement
Progress Tracking
Project Accounting
Project Management
Purchase Order Management
Quotes/Estimates
Real Time Data
Real Time Reporting
Receipt Management
Receivables Ledger
Recurring/Subscription Billing
Reorder Management
Reporting & Statistics
Reporting/Analytics
Retail Inventory Management
Revenue Recognition
Role-Based Permissions
Sales Reports
Sales Tax Management
Search/Filter
Self Service Portal
Self-Service Reporting
Shipping Management
Sourcing Management
Status Tracking
Stock Management
Strategic Planning
Supplier Management
Tax Management
Third Party Integrations
Time & Expense Tracking
Transaction History
User Management
Vendor Management
Version Control
Warehouse Management
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"What If" Scenarios
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Asset Management
Audit Management
Audit Trail
Automatic Billing
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CPA Firms
Cash Flow Management
Cash Management
Cataloging/Categorization
Chart of accounts
Check Processing
Check Writing
Client Management
Client Portal
Collections Management
Compliance Management
Configurable Workflow
Consolidation/Roll-Up
Contact Database
Contact Management
Contract/License Management
Cost Tracking
Credit Card Processing
Customer Database
Customer History
Customer Statements
Customizable Reports
Customizable Templates
Data Import/Export
Discount Management
Document Management
Document Storage
Drag & Drop
Duplicate Payment Alert
Electronic Payments
Email Management
Expense Claims
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For Government
Forecasting
Fraud Detection
Fund Accounting
General Ledger
Income & Balance Sheet
Inventory Control
Inventory Management
Inventory Optimization
Inventory Tracking
Invoice Management
Invoice Processing
Kitting
Mobile Access
Multi-Channel Management
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Projects
Nonprofits
Online Payments
Order Management
Order Processing
Order Tracking
Overpayment Processing
Partial Payments
Payment Processing
Payroll Management
Product Identification
Profit/Loss Statement
Progress Tracking
Project Accounting
Project Management
Purchase Order Management
Quotes/Estimates
Real Time Data
Real Time Reporting
Receipt Management
Receivables Ledger
Recurring/Subscription Billing
Reorder Management
Reporting & Statistics
Reporting/Analytics
Retail Inventory Management
Revenue Recognition
Role-Based Permissions
Sales Reports
Sales Tax Management
Search/Filter
Self Service Portal
Self-Service Reporting
Shipping Management
Sourcing Management
Status Tracking
Stock Management
Strategic Planning
Supplier Management
Tax Management
Third Party Integrations
Time & Expense Tracking
Transaction History
User Management
Vendor Management
Version Control
Warehouse Management
Visit WebsiteCompare App
"What If" Scenarios
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Asset Management
Audit Management
Audit Trail
Automatic Billing
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CPA Firms
Cash Flow Management
Cash Management
Cataloging/Categorization
Chart of accounts
Check Processing
Check Writing
Client Management
Client Portal
Collections Management
Compliance Management
Configurable Workflow
Consolidation/Roll-Up
Contact Database
Contact Management
Contract/License Management
Cost Tracking
Credit Card Processing
Customer Database
Customer History
Customer Statements
Customizable Reports
Customizable Templates
Data Import/Export
Discount Management
Document Management
Document Storage
Drag & Drop
Duplicate Payment Alert
Electronic Payments
Email Management
Expense Claims
Expense Management
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For Government
Forecasting
Fraud Detection
Fund Accounting
General Ledger
Income & Balance Sheet
Inventory Control
Inventory Management
Inventory Optimization
Inventory Tracking
Invoice Management
Invoice Processing
Kitting
Mobile Access
Multi-Channel Management
Multi-Company
Multi-Currency
Multi-Department/Project
Multiple Projects
Nonprofits
Online Payments
Order Management
Order Processing
Order Tracking
Overpayment Processing
Partial Payments
Payment Processing
Payroll Management
Product Identification
Profit/Loss Statement
Progress Tracking
Project Accounting
Project Management
Purchase Order Management
Quotes/Estimates
Real Time Data
Real Time Reporting
Receipt Management
Receivables Ledger
Recurring/Subscription Billing
Reorder Management
Reporting & Statistics
Reporting/Analytics
Retail Inventory Management
Revenue Recognition
Role-Based Permissions
Sales Reports
Sales Tax Management
Search/Filter
Self Service Portal
Self-Service Reporting
Shipping Management
Sourcing Management
Status Tracking
Stock Management
Strategic Planning
Supplier Management
Tax Management
Third Party Integrations
Time & Expense Tracking
Transaction History
User Management
Vendor Management
Version Control
Warehouse Management
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Budgyt Feature Reviews

20 reviewers had the following to say about Budgyt's features:

Kobina B.

Excellent software; easy to implement/use

2020-08-31

amazing difference; i have discarded all my excel reports for this web-based reporting and budgeting option

Pros

Flexibility Self-implementation Quick implementation Value for money Easy integration / download-upload feature Quick to identify exceptions, errors when uploading; and correct Speed/Agility

Cons

Exchange rate feature for multi-currency companies (but this is being worked on at the moment)

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Fran B.

Director of Operations and HR

2017-03-22

Not only was Budgyt easy to use but it allowed me to build comparative reports by rep and by account which was what I needed.

Pros

Compare feature by rep and by territory as I've defined it.

Cons

Sometimes the reporting tool takes a few minutes.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No

Response from Budgyt


Thank you Fran

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Gregory D.

Never Use Excel for Budgeting Again!

2019-03-20

Overall, Budgyt took all of those troublesome spreadsheets for each department and cost center and condensed it into an easy way to input, track and view the information.

Pros

Easy to input data, create multiple budgets, track changes and view not only individual cost centers, but also entire entities.

Cons

Some of the reports took a while to run based on the needed detail.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Scott H.

Pretty easy moving from Excel to Budgyt distributed platform

2017-12-12

Pros

The ability to distribute work with controlled GL accounts built in the user interface, working with James on configuration to tailor our business processes and access from anywhere with the cloud solution

Cons

There are a number of reporting capabilities I do not totally understand.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
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Frances S.

We have always struggled with budgeting and have longed for something that made the process easy.

2017-07-18

transparency from all our systems as they all feed into the software.

Pros

Accessible by multiple teams, easy to input and adapt data, great measurement features for comparatives.

Cons

Once the reports are generated they are easily printable.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No

Response from Budgyt


The Excel reports that we have are formatted for printing already. We are adding Crystal Reports for PDF viewing as well.

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Sandeep K.

Much Better Than Excel!

2018-09-27

He has also been real welcoming of the feedback I have provided.

Pros

I also like their integration with Xero - it means it automatically imports actual financial data.

Cons

There are always lots of features that can add to the software, and I am glad this company continues to deploy resources towards feature releases and fixes.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

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

Cloud budget consolidation

2020-09-01

We have made it easier for budget holders to submit their budgets using this tool.

Pros

Set up is easy thanks to excellent customer support. We import and export data to and from Microsoft GP, and use the budgyt.com tool for budget variance reporting.

Cons

Although the site renders on mobile devices, it can be hard to read on smaller phones.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Mark D.

We got the functionality we needed at a reasonable cost.

2020-10-13

We've eliminated the distribution of monthly reports and budget information by e-mail or spreadsheet and simply have our recipients login to Budgyt.

Pros

It's easy and flexible to see and analyze data for classes or groups of classes.

Cons

The newly released version of the API with QuickBooks Online has been problematic.

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
Source: Software Advice
Helpful?   Yes   No
Read more
Denise W.

The sales, training and support have been invested in making Budgyt fit our needs in a system.

2017-09-25

Knowing that there were no mistakes in my excel formulas - so piece of mind when presenting the budgets to our boards and committees the the numbers are correct.

Pros

We wanted to be able to create separate budgets for each of our corps initiatives and roll up the data as well as allocate overhead expenses to each Corps.

Cons

Would like a bit more flexibility in reporting. We are relatively new users of Budgyt.

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
Jennifer S.

Budgyt is a Solid Solution

2020-08-31

Pros

Budgyt has proven to be a solid solution at a very affordable price! Integration with Quickbooks is easy and accurate!

Cons

There are little things that would be nice (like sorting columns on static reports) but I really feel like the company knows their limits and are daily addressing and improving them.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Paul R.

Budgyt has brought our finance department to the next level. Essential for any growing organization.

2018-05-07

Pros

Budgyt is highly customizable and can fit most, if not any, accounts structure.

Cons

The administrative learning curve is a bit steep, but not unexpected given the powerful tools available in this software. Program administrators should expect to spend anywhere from several weeks to a couple of months with the software before they feel comfortable with the program.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Dale C.

Use Budgyt to Improve Budgeting over Excel Spreadsheets

2019-12-06

It was super easy to prepare 5 year forecasts the Board demanded.

Pros

Quick setup, easily import actual results, forecast multiple years, easily understood by non financial managers, quick and easy changes to revise or copy formulas

Cons

That is where the copy feature comes in real handy.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Jay G.

great budgeting tool

2017-04-04

Incredibly flexible and the reporting tools are great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Budgyt


Thank you

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Enrique F.

As a Startup, Budgyt was what we needed to track our spend.

2018-09-27

Budgyt has helped us to better track expenses and hold departments accountable for their spend.

Pros

You can create budgets by department and also import the actuals from Quickbooks to do month, quarter or annual comparisons.

Cons

It does take time to understand and calculate the formulas, but once you get use to it, it is a lot simpler to do future ones.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Alex D.

Awesome Tool! Just What We Needed to Take Budgeting to the Next Level!

2017-09-25

Pros

First, Budgyt has a great team. Customer support representative has been incredibly responsive to our questions and really helped get things started for us. Once we started to use the tool, we found that it was both intuitive and very powerful. Our non-financial team members love being able to add new line items and document the assumptions behind their budgets.

Cons

For instance, it would be nice to be able to control account access ad the level of cost center and account so that folks could have access to an account in one cost center, but not have access to that same account in other cost centers.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No

Response from Budgyt


Alex, As you know we have this feature now to control user access by cost center and by category.

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James H.

Great Solution for our needs

2018-10-05

Pros

Its easy to upload & download the data from the product.

Cons

Did not 100% fit our budget model as far are building formulas. We do have a couple that we have to manually calculate and enter in.

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
Stephanie I.

Budgyt is Easy to Use

2021-09-15

It is very easy to copy a prior year and make changes.

Pros

I like how easy it is to copy budgets and look at different scenarios or time periods.

Cons

Takes a little bit of time to get used to the payroll/HR section to figure out how that flows into the budget

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: Capterra
Helpful?   Yes   No
Read more
Aileen Z.

So easy to learn! It's like the crystal ball for budgeting!

2017-12-12

Pros

It not only saved me from a multitude of excel tabs but also gave me the ability to budget and forecast in a fraction of the time and energy!

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
Gwen V.

User Friendly

2019-03-20

Such an improvement from my excel days of budgeting. I have nothing negative to say about this product. They've done a great job at getting me exactly what I needed. We are not a huge company so I didn't need these very cumbersome and expensive systems. Budgyt was just what I needed and fit perfectly in our budget.

Pros

Very user friendly. So easy to get information in and out of the system.

Cons

I have been using excel so this was such an improvement for me. There wasn't anything that I found that I didn't like. Looking forward to gaining more knowledge on using it.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Gwen V.

Just what you're looking for

2020-04-10

A+, 5 starts! I would recommend them to anyone.

Pros

The software is easy to use and they have covered all the things you need and don't have all the extra stuff you don't need.

Cons

I didn't find anything that I didn't like. If I struggled with anything they were an email away. They even send vidoes to walk you step by step.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

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