Top Pick

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.

Pricing

Pricing Information:
Contact us for pricing
Free Trial:
Yes

Integrations

API:
Yes, Budgyt has an API

Reviews - 48 Verified Reviews

Total
ease
features
design
support

Company Details

Company:
Budgyt
Year Founded:
2012
Headquarters:
United States
Website:
Update This Listing

Media

Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
In Person
Training Videos
Customer Support
Business Hours
Online Support

Budgyt Features and Options

Budgeting Software

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking
Version Control

Financial Reporting Software

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Time and Expense Software

Activity Tracking
Billable Hours Tracking
Billing Rate Management
Expense Tracking
Invoice Processing
Multiple Billing Rates
Project Tracking
Reimbursement Management
Time Tracking by Client
Time Tracking by Project

Expense Report Software

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management
  • Name: Ann-Marie M.
    Job Title: Sr. Director of Strategic Finance
    Length of product use: 2+ Years
    Used How Often?: Monthly
    Role: User, Administrator, Deployment
    Organization Size: 500 - 999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Controller
    Length of product use: 1-2 Years
    Used How Often?: Weekly
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Winona G.
    Job Title: EPC
    Length of product use: 1-2 Years
    Used How Often?: Monthly
    Role: User
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Sakshi H.
    Job Title: Finance and Administration coordinator
    Length of product use: 6-12 Months
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.
    Less user friendly.
    Loads of training is required.

    Read More...
  • Name: Steve M.
    Job Title: Chief Financial Officer
    Length of product use: 1-2 Years
    Used How Often?: Weekly
    Role: User, Administrator, Deployment
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Controller, treasurer
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: Administrator
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Chief Financial Officer
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: JJ M.
    Job Title: Controller
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: VP of Business Operations
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User, Administrator, Deployment
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Executive Consultant
    Length of product use: 2+ Years
    Used How Often?: Weekly
    Role: Deployment
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.
    Some learning curve for implementation team.
    Does not easily handle fund accounting reporting.

    Read More...
  • Name: Larry C.
    Job Title: Sr. Analyst
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User, Administrator
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Paul R.
    Job Title: Treasurer
    Length of product use: 2+ Years
    Used How Often?: Weekly
    Role: User, Administrator, Deployment
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Anonymous (Verified)
    Job Title: Sr. Budget and Accounting Coordinator
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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 James

    Negative: I wish there was more videos on how to track indirect cost and formulas.

    Read More...
  • Name: Adam B.
    Job Title: CFO
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User, Administrator, Deployment
    Organization Size: 100 - 499
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
  • Name: Matthew V.
    Job Title: Business Analyst
    Length of product use: 2+ Years
    Used How Often?: Monthly
    Role: User, Administrator, Deployment
    Organization Size: 26 - 99
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 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.

    Read More...
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