Budgyt

4.9 (66)
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Affordable, Collaborative, Multi-P&L Business Budgeting

About Budgyt

Budgyt is a budgeting platform that offers SMBs, mid-market businesses, and large enterprises a single and secure platform from which to manage the entire budgeting process. Incorporating built-in calculators, robust reporting and a QuickBooks Online API, Budgyt aims to deliver a comprehensive yet user-friendly budgeting solution.

In order to manage the budgeting process efficiently, Budgyt equips users with the tools to create budgets automatically. Designed to replace manually formatted budget spreadsheets, Budgyt enables users to lock down budget features and controls. By fixing features such as formulas, links and reports, Budgyt helps users generate audit-ready budgets quickly and reliably.

To enhance user productivity, Budgyt includes innovative features like advanced search navigation, formula inputs and version control. Moreover, Budgyt promotes fast forecasting as well as data import and spreading tools. By granting users access to a QuickBooks Online API, Budgyt seeks to further strengthen business performance and budgeting activity. With Budgyt’s powerful budgeting features, users can control data and distribute budgets safely. Furthermore, Budgyt facilitates secure data management through defined user permissions and layered access points.

Pricing starting from:

Not provided by vendor

  • Free Version
  • Free Trial
  • Subscription

Key benefits of Budgyt

  • Budgyt offers a cloud-based budget management solution, serving to automate the budget process and reduce the need for inefficient spreadsheets.

  • Users can lock down features and controls like formulas, links and formatting, helping to reduce budget errors and maintain audit compliance.

  • Budgyt employs innovative features including quick search navigation, formula inputs and version control, allowing users to work efficiently and effectively with reliable data.

  • Budgyt provides user management functionality, enabling users to define user access parameters easily as well as manage budget data securely.

  • Budgyt supports access to QuickBooks Online API, permitting users to export and organize budgeting data seamlessly.
  • Typical Customers

    • Freelancers
    • Small Businesses (2-50)
    • Mid-size Companies (51-500)
    • Large enterprises (500 and more)

    Deployment

    • Cloud-based
    • On-premise

    Countries available

    Afghanistan, Anguilla, Antigua & Barbuda, Aruba, Australia and 49 others

    Supported Languages

    English

    Pricing starting from:

    Not provided by vendor

    • Free Version
    • Free Trial
    • Subscription

    Images

    Budgyt Software - Dashboard
    Budgyt Software - Manage Scenarios (Budgets)
    Budgyt Software - Manage C2C's (Category-to-Category No-Code Formulas)
    Budgyt Software - Copy Data
    Budgyt Software - Data Sheet
    View 6 more
    Budgyt video
    Budgyt Software - Dashboard
    Budgyt Software - Manage Scenarios (Budgets)
    Budgyt Software - Manage C2C's (Category-to-Category No-Code Formulas)
    Budgyt Software - Copy Data
    Budgyt Software - Data Sheet

    Features

    Total features of Budgyt: 42

    • "What If" Scenarios
    • API
    • Access Controls/Permissions
    • Activity Dashboard
    • Ad hoc Reporting
    • Alerts/Notifications
    • Approval Process Control
    • Asset Lifecycle Management
    • Audit Management
    • Audit Trail
    • Budgeting/Forecasting
    • Cash Flow Management
    • Cash Management
    • Chart of Accounts
    • Collaboration Tools
    • Consolidation/Roll-Up
    • Customisable Reports
    • Dashboard Creation
    • Data Import/Export
    • Data Visualisation
    • Expense Management
    • Expense Tracking
    • Financial Analysis
    • Financial Management
    • Financial Reporting
    • Forecasting
    • General Ledger
    • Income & Balance Sheet
    • Multi-Company
    • Multi-Currency
    • Multi-Department/Project
    • Multi-Location
    • Payroll Management
    • Profit/Loss Statement
    • Project Accounting
    • Reporting/Analytics
    • Scenario Planning
    • Self-Service Reporting
    • Strategic Planning
    • Third-Party Integrations
    • Version Control
    • Visual Analytics

    Alternatives

    PlanGuru

    4.2
    #1 Alternative to Budgyt
    Designed for SMB's, PlanGuru's projection methods allow you to budget and forecast for up to 10 years. Get cash flow...

    Prophix

    4.6
    #2 Alternative to Budgyt
    If your budgeting process is typically painful and resource intensive, maybe it is time to consider a new approach.

    Microsoft Excel

    4.8
    #3 Alternative to Budgyt
    Excel is a spreadsheet management software program with data analysis tools to help users track and visualize data for...

    BusyPaws

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    Reviews

    Overall rating

    4.9 /5
    (66)
    Value for Money
    4.9/5
    Features
    4.8/5
    Ease of Use
    4.7/5
    Customer Support
    4.9/5

    Already have Budgyt?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 66
    Paul
    Paul
    Overall rating
    • Industry: Nonprofit Organization Management
    • Company size: 2–10 Employees
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Consolidate detailed line-item budget planning into one place!

    Reviewed on 18/11/2024

    Pros

    Budgyt makes it possible to consolidate detailed line-item budget planning into once 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!

    Cons

    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.

    Alternatives Considered

    Prophix, BudgetPak and QuickBooks Online

    Reasons for Switching to Budgyt

    I selected Budgyt for the number of sub-tier account categories available at their price point. Other softwares only had 2 or 3, limiting the level of detail budgeting you can conduct. Budgyt has 5, including departments.
    Verified Reviewer
    Overall rating
    • Industry: E-Learning
    • Company size: 51–200 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Budgyt Budgeting Platform

    Reviewed on 24/02/2025

    We selected Budgyt over other options because it is exceptionally easy to use, perfectly meeting...

    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.

    Pros

    One of Budgyt’s significant strengths is its cumulative overview. With every department lead's activity feeding directly into the overall budget, you get an efficient, big-picture look at your organization's financial planning. This consolidated view is invaluable for maintaining control and ensuring every department’s budget aligns with broader strategic goals.

    Cons

    While the functionality is impressive, there is a minor drawback: the user interface. Some users might find the interface slightly clunky compared to more visually refined alternatives. However, the exceptional features and smooth operation of the budgeting process more than make up for this visual shortfall.

    Alternatives Considered

    Centage

    Reasons for Switching to Budgyt

    Ease of implementation of the tool compared to other products. Also, the cost of this produce was far affordable versus others we were reviewing.
    Brendan
    Brendan
    Overall rating
    • Industry: Government Administration
    • Company size: 201–500 Employees
    • Used Weekly for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 5.0 /10

    Easy to use but a bit cumbersome

    Reviewed on 05/01/2022

    Decent product but the customer service relies heavily on online videos and there are some...

    Decent product but the customer service relies heavily on online videos and there are some weaknesses in the reporting.

    Pros

    Easy to build budgets with this software.

    Cons

    The reporting features are lacking and the import from quickbooks time consuming .

    Tom
    Overall rating
    • Industry: Nonprofit Organization Management
    • Company size: 11–50 Employees
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Powerful User-friendly Budgeting & Reporting Tool

    Reviewed on 25/02/2025

    We adopted Budgyt first and foremost as a new budgeting solution to replace manual, Excel-based...

    We adopted Budgyt first and foremost as a new budgeting solution to replace manual, Excel-based process. It quickly became obvious that Budgyt delivers much more, and has become our tool of choice for financial reporting, forecasting, and analysis. Our experience has been overwhelmingly positive. It is the only finance tool that our non-finance users regularly come to me with compliments and positive feedback about.

    Pros

    Love the Budgyt platform! Very intuitive and easy to use, with capabilities that allow users to get more detailed and complicated as needed. Allows us to enter data in detail (or summary) in a way that makes it incredibly accessible and easy to read for non-finance users, which is ultimately a huge time saver for our finance team. Everyone on the Budgyt team that I have spoken to or worked with from sales to support (including the [sensitive content hidden] who took one of my training/implementation calls) has been awesome. The training was great (the video academy might be my single favorite & most-used/recommended training feature in any program ever), onboarding and implementation were made super easy (as far as those things go), and ongoing support (on the rare occasions it's been needed; it's been mostly out-of-the-box questions/ideas that I've brought up post-go-live) is excellent & very personable - huge shout-out to "budgyt guru" [sensitive content hidden] who has been immensely helpful from day 0 to the present, anticipating our needs at times before we even did.

    Cons

    My only 'complaint' is that of several additional features that have been implemented since we began using Budgyt (dashboards, cash flow, balance sheet) I am anxiously-awaiting the #1 item on my wishlist - live integration with Sage Intacct API to eliminate manual import of actual data. But I'm confident that when it arrives it will work correctly.

    Alternatives Considered

    Sage Intacct

    Reasons for Switching to Budgyt

    price and approachability (implementation + end-user friendliness)
    James
    Overall rating
    • Industry: Nonprofit Organization Management
    • Company size: 11–50 Employees
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Drop Excel for Budgeting - Use Budgyt Instead!

    Reviewed on 24/02/2025

    Budgyt has been a very positive improvement in our budgeting process and accuracy, as well as...

    Budgyt has been a very positive improvement in our budgeting process and accuracy, as well as flexible and customized budget vs actual reporting.

    Pros

    Eliminates dependence on Excel
    Ease of use
    Flexibility of layered financial roll-ups
    Easy integration with QuickBooks Online

    Cons

    Significant learning curve for implementation team

    Showing 5 reviews of 66 Read all reviews

    Budgyt FAQs

    Below are some frequently asked questions for Budgyt.

    Budgyt offers the following pricing plans:

    • Pricing model: Subscription
    • Free Trial: Available

    Budgyt offers 4 pricing tiers where pricing is based on the number of profit and loss (P&L) statements, or "departments" Basic: $199/year + one-time set up fee for Unlimited Users Up to 5 Departments Additional Departments: $15/month

    Budgyt has the following typical customers:

    2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

    Budgyt supports the following languages:

    English

    Budgyt supports the following devices:

    Budgyt integrates with the following applications:

    ConnectWise PSA, QuickBooks Online, Xero

    Budgyt offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

    Related categories

    See all software categories found for Budgyt.