Who Uses Budgyt?

Small to mid-sized businesses and nonprofits looking for an affordable and easy-to-use budgeting software that eliminates the risk and difficulty of using traditional spreadsheets.

What Is Budgyt?

Budgyt is an easy-to-use Cloud Budgeting Software for all types of Businesses and Nonprofits. Pricing is based on number of departments/projects and all plans include unlimited users. We have discount pricing for Nonprofits.

Save 80% of the time and expense of building and managing multiple department or project budgets compared to spreadsheets. The platform is great for teams.

Budgyt Details

Budgyt

http://www.budgyt.com/

Founded 2012

Support

  • 24/7 (Live Rep)
  • Business Hours
  • Online

Deployment

  • Cloud, SaaS, Web

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation
Budgyt video
Play
-thumb
-thumb
-thumb
-thumb
-thumb

Budgyt pricing overview

See pricing details

Budgyt does not have a free version but does offer a free trial. Budgyt paid version starts at US$199.00/month.


Starting Price

US$199.00/month. See pricing details

Free Version

No

Free Trial

Yes

Budgyt Features

  • "What If" Scenarios
  • Asset Planning
  • Balance Sheet
  • Cash Management
  • Consolidation/Roll-Up
  • Forecasting
  • General Ledger
  • Multi-Company
  • Multi-Department/Project
  • Profit/Loss Statement
  • Version Control

View full list of Business Budgeting Software

  • "What If" Scenarios
  • Access Controls/Permissions
  • Audit Trail
  • Balance Sheet
  • Budgeting/Forecasting
  • Cash Management
  • Consolidation/Roll-Up
  • Data Import/Export
  • General Ledger
  • Multi-Company
  • Profit/Loss Statement

View full list of Financial Reporting Software

Budgyt Alternatives

More Budgyt alternatives

Budgyt Reviews

Showing 5 of 18 reviews

Overall
4.9/5
Ease of Use
4.6/5
Customer Service
4.9/5
Features
4.8/5
Value for Money
4.8/5
Aileen Z.
Consultant
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 12/12/2017

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

Pros: In the past I juggled several spreadsheets for budgeting, each with different formulas and variables to manage each line item by location. With Budgyt, I can type the formulas directly into the software and everything carries over with the appropriate detail and notes! If I insist on having a spreadsheet to share with the team, I can simply store spreadsheet in the software and tell it which line to read. 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! I started using this when our business was just an idea and now we have 4 open retail stores for Everafter and 1 + 2 upcoming for The Westside. Budgeting between the brands under the parent company has been surprisingly simple with Budgyt's ability to customize and target formulas and inputs to certain groups.

  • Reviewer Source 
  • Reviewed on 12/12/2017
Jason K.
Senior Director, Finance & Accounting
Nonprofit Organisation Management, 51-200 Employees
Used the Software for: 1+ year
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 1/9/2020

"Cloud budget consolidation"

Comments: We have made it easier for budget holders to submit their budgets using this tool. They find it enjoyable to use (and we’re talking budgets here). Budget holders can access the tool anywhere they have internet. The instant scenario consolidation dramatically improved the quality of budget discussions, leading to better business decisions. Using this tool helped make out finance team more efficient, by reducing effort to consolidate.

Pros: This product automatically consolidates budget holders’ submissions, replacing error prone, labour intensive spreadsheet work. Budget managers find it easy to use, and they focus on business decisions, not managing complex spreadsheets. Consolidation is instant, dramatically more efficient for the finance team. Because results are instant, decision makers can see the impact of various scenarios instantly, facilitating impactful discussion on the future of the business and better decisions. 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. Budget managers can access information anywhere they have internet.

Cons: The nature of budgeting tools is that the data is displayed in tabular fashion. Although the site renders on mobile devices, it can be hard to read on smaller phones.

  • Reviewer Source 
  • Reviewed on 1/9/2020
Paul R.
Treasurer
Nonprofit Organisation Management, 2-10 Employees
Used the Software for: 6-12 months
  • Overall Rating
    4/5
  • Ease of Use
    3/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    4/5
  • Likelihood to Recommend
    8/10
  • Reviewer Source 
  • Reviewed on 7/5/2018

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

Pros: Our non-profit organization relies on a flexible approach to managing our finances, so it is critical to have data organized and presented the way we need it. 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.

  • Reviewer Source 
  • Reviewed on 7/5/2018
Kobina B.
Group Finance Manager
Maritime, 201-500 Employees
Used the Software for: 6-12 months
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    4/5
  • Value for Money
    4/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 31/8/2020

"Excellent software; easy to implement/use"

Comments: 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)

  • Reviewer Source 
  • Reviewed on 31/8/2020
Dale C.
CFO
Nonprofit Organisation Management, 201-500 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    4/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    4/5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 6/12/2019

"Use Budgyt to Improve Budgeting over Excel Spreadsheets"

Comments: It used to take about 40 hours to get our annual budget spreadsheets updated for use each year; now it takes less than 5 minutes. We have been using for 2 budget years now, and each year we have added more available features like staffing and benefit costs to save on other excel spreadsheets. 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: Not a lot of cons, other than it does take a few times copying and preparing a budget to understand that everything, including actual budgets, actual results and forecasts are deemed budgets and need to be attached to each year for comparison if needed. That is where the copy feature comes in real handy.

  • Reviewer Source 
  • Reviewed on 6/12/2019