Budgyt Description
For those in search of a cost-effective and user-friendly budgeting tool for their enterprise, Budgyt is an excellent option. Designed to assist small to medium-sized businesses and non-profit organizations, Budgyt reduces the dangers linked to conventional spreadsheet usage by providing a flexible cloud-based budgeting platform. Users can save up to 80% of the time and costs associated with creating and overseeing various departmental or project budgets when compared to traditional spreadsheets. Key features encompass data sheets, formula functionalities, user management capabilities, comprehensive reporting, version control, customizable dashboards, user permissions, and a host of additional tools to enhance budgeting efficiency. With Budgyt, managing finances becomes not only simpler but also significantly more efficient for organizations aiming for growth and sustainability.
Company Details
Product Details
Budgyt Features and Options
Budgeting Software
Financial Reporting Software
Time and Expense Software
Expense Report Software
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
User and Budget Friendly Date: Dec 23 2024
Summary: My overall experience is good with the product. During implantation, James was very attentive to the needs of the organization.
Positive: Ease of use, the features are excellent and the support team is amazing. The customer service team are very helpful.
Negative: Sometimes the system can be slow depending on the size of your database. With proper management, this can handle.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great Software Date: May 26 2023
Summary: High level of support, expert level reporting capabilities, forecasting capabilities that will surpass any companies needs.
Positive: We use the Budgyt software for all things budgeting, reporting, and forecasting. It meets and surpasses all our expectations.
Negative: Nothing of substance to note. We are pleased with all aspects.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Budgyt for Healthcare Date: Aug 30 2022
Summary: Allows good budget communication between department managers and administrators.
Positive: Easy to use and manage.
Negative: Trying to explain variances, but that wasn't Budgyt's fault, lol.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Your company needs it! Date: Feb 10 2022
Summary: Helps in planning and implementation of financial figures.
Can be improved if the visualization tool had more options.Positive: Best on the market.
Easy to compare budgeted and actual numbers.
the reports can be filtered on the basis of projects, period and fiscal year which is quite handy.Negative: Hard to implement.
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Less user friendly.
Loads of training is required. -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Excellent Product and Value Date: Mar 21 2025
Summary: Budgyt helped immensely in the annual budget process. It provides instant consolidation of numerous department and project/grant level financials. User security setup is easy, and number of users included for the base price is an advantage over competitors. Drill-down features and ability to attach notes and external support files round out a strong feature set.
Positive: Ease of use; quality and responsiveness of support staff; strong capability, especially around multiple entities; competitive pricing
Negative: Balance Sheet functionality is not included in base product.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Excellent product Date: Mar 14 2025
Summary: Excellent. ease of use, integrates with accounting software, usable for non accounting staff, affordable for the company. I do not have any complaints about Budgyt. I am a repeat customerI do not have any complaints about Budgyt.
Positive: Ease of use, integrates with accounting software, usable for non accounting staff, affordable for the company.
Negative: I do not have any complaints about Budgyt. I am a repeat customer.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Budgyt made easy! Date: Feb 26 2025
Summary: We selected Budgyt over other options because it is exceptionally easy to use, perfectly meeting all our budget management needs. Its user-friendly interface, robust functionality, and cost efficiency enabled seamless multi-department integration. Budgyt delivered the performance and financial insights we required at a fraction of the cost, ensuring maximum value.
Positive: Budgyt shines in environments with numerous departments. If your organization has multiple distinct groups that need to contribute to a centralized budget, the software’s ability to invite various teams and provide cumulative oversight is a significant advantage.
Negative: Although Budgyt's functionality is excellent, storing too many scenarios in your profile can slow down the system as it continuously updates them. To maximize speed and efficiency, it’s important to regularly maintain and manage your scenarios.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Good Budget for Accountants Date: Feb 25 2025
Summary: I am thoroughly happy with Budgyt. We anticipate it is going to meet our needs for years to come and.
Positive: We liked the ability to compare multiple departments and years with little trouble. It also has multiple reporting features depending on what you need.
Negative: Importing information could be easier that it currently is.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Easy to Implement and Use, Time saver Date: Feb 25 2025
Summary: Great. Budgyt has made management reporting, budgeting and forecasting so much easier and it takes so much less time than before.
Positive: Permissions granularity, allowing me to give the right access to the right people. The ability to summarize some GL categories so that only totals can be viewed by department heads.
Great employee / contractor cost functionality across multiple countries and currencies.Negative: Some minor quirks in how to set things up, but always received great support.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Ditch Excel and Streamline Budgeting with Budgyt! Date: Feb 24 2025
Summary: During our implementation we had some key questions that were handled rapidly and clearly by the Budgyt implementation team, as well as a large and continually evolving online learning system. Selecting and implementing Budgyt has proven to be one of the best financial decisions our organization has ever made.
Positive: Budgyt has been a game changer for our organization. After one budget season went up in flames with a large Excel spreadsheet error, we needed something different. We reviewed the market for budgeting systems and fairly quickly selected Budgyt. Of key value to us was a seamless and quick interface with Quick Books Online, which Budgyt features. With our Budgyt implementation we can effectively ‘layer’ our budgeting process. In our case this allows for independent budgets based on geographical location that can then be consolidated for a full organization roll-up. Layers could also easily be product lines or large departments. The user interface for Budgyt is streamlined and easy to use, particularly for non-technically oriented employees. Timeframes and included roll-up layers can be easily selected or removed.
Negative: Limited suite of available financial system integrations.
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Some learning curve for implementation team.
Does not easily handle fund accounting reporting. -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Budgyt Platform is great!! Date: Nov 19 2024
Summary: The employee module and the formulas modules are excellent. The customer service is also exceptional.
Positive: The Budgyt platform has made my budgeting process so much easier. Being able to move away from using multiple, linked Excel spreadsheets has been great.
Negative: There is nothing about the Budgyt platform that I do not like.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Consolidate detailed line-item budget planning into one place! Date: Nov 18 2024
Summary: Budgyt is our sole budgeting and forecast tool due to the significant level of detail it allows for. Budgyt offers the largest number of sub-tiers of any budget SAAS out there for small businesses, unlimited line-items under each lowest level account category, and line-item notes for expense/income justification. No more department-level spreadsheets because your budgeting software only supports 2 or 3 sub-tiers. You can easily fit every nit-picky detail into Budgyt.
Budgyt is a fantastic data cruncher and is highly customizable. However, with customization comes a steep learning curve. There are a large number of options, settings, and other items that take time to locate and learn. Budgyt is easy to use once you learn it, but that initial learning curve is steep!Positive: Budgyt makes it possible to consolidate detailed line-item budget planning into one place.
Budgyt accomplishes this by offering the largest number of sub-tiers of any budget SAAS out there, unlimited line-items under each lowest level account category, and line-item notes for expense/income justification. No more department-level spreadsheets because your budgeting software only supports 2 or 3 sub-tiers. You can easily fit every nit-picky detail into Budgyt!Negative: After years of using Budgyt, I still struggle with using the built-in equation builders. They are highly customizable, which is great, but they don't always seem to follow traditional math logic. I've resorted to running the few calculations I need to do externally and linking a spreadsheet to a Budgyt line item, which works fine for me and is a small price to pay for the level of detailed planning Budgyt facilitates.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Sr. Budget and Accounting Coordinator Date: Nov 18 2024
Summary: I will recommend Budgyt to any organization especially if they are still small. it easy use and track financial reports and statements.
Positive: The software is easy to use and learn.
great at tracking variance report
Good at pulling financial statements
Very good for organization that tract FTE
Great support from JamesNegative: I wish there was more videos on how to track indirect cost and formulas.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Budgyt is great Date: Nov 11 2024
Summary: Excellent experience wont go back to Excel.
Would be nice if you could embed excel in the database.Positive: Once you understand the scenarios and reporting tools it works really well for high and granular analysis.
Negative: Speed - it would be nice if it updated faster.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Robust Payroll Budgeting Module Date: Nov 08 2024
Summary: We've now been using this over 5 years. Budgyt is always improving, always getting faster and better with more features. We liked the capabilities in the beginning and we have always been expertly supported when we have questions.
Positive: Employee and Payroll module in Budgyt has all the capabilities to plan accurately for payroll and employer expenses in multiple states and with a wide variety of employee benefits formula capabilities.
Customer support is super capable and fast - if you ever need anything beyond their excellent training video library, which almost always covers my questions.Negative: Sometimes keeping up with the way the platform is improved can be a challenge - but the benefit of the improvements outweigh any time spent getting used to the changes over time.
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