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Budgyt Reviews & Product Details - Page 2

Budgyt Overview

What is Budgyt?

Budgyt is a dynamic FP&A platform that simplifies budgeting, forecasting, and reporting without sacrificing the granular details. Budgyt delivers user-friendly solutions for complex financial planning needs, making it easy for CFOs and finance teams to integrate financials, streamline processes, and manage multiple departments and users from a single source of truth. Ranked #1 by G2 for ease-of-use, best results, and highest user adoption, Budgyt is the only planning software created and developed by a CFO with a comprehensive understanding of user needs, validated by over 1000+ admin users. The all-in-one platform offers powerful solutions for fast, accurate FP&A including multi-department budget collaboration, agile reforecasting, transaction-level data analysis, visualizations, and balance sheet & cash flow forecasting with automated accruals. Backed with real-time data, automatic consolidation, and built-in quality assurance, Budgyt empowers small and mid-market businesses, enterprises, and nonprofits to make better decisions faster with numbers everyone in the board room can trust. Key features: -Automated accrual-based budgeting from P&L -No-code platform configuration -Global settings and universal updates -User-friendly dashboards and flexible data views -Single data entry point -Automatic rollups/consolidations -Unbreakable formulas managed without syntax -Hyperlinked data and instant drill-downs into GL -Granular role-based user permissions -Data Visualizations -Unlimited Dimensions -APIs -Approvals -Track changes and filterable activity log -Multi-currency

Budgyt Details
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Product Description

Budgyt is a cloud-based software solution that replaces clunky spreadsheets with a budgeting tool designed to create budgets faster, more accurately and more reliably.

How do you position yourself against your competitors?

Budgyt is the only financial planning software built for CFOs, by CFOs. Most solutions on the market claim to solve complex challenges but deliver a solution that lacks the granular details or flexibility to slice and dice the data.

Budgyt is ranked #1 for ease of use for a reason. Our platform was designed with no-code configuration so that admins can easily customize their dashboards, budgets, and reports to fit their optimal viewing and planning needs. We understand what CFOs need to be both efficient and meticulous.

Budgyt is also the only platform purposefully built for collaboration. We understand a cross-organizational process requires a lot of hands, both in and out of finance, which is we don’t charge per user. We make it easy for non-financial users to enter their data and submit their budgets on time, and they get a better understanding of the numbers every step of the way.


Seller Details
Seller
Budgyt
Company Website
Year Founded
2013
HQ Location
New York, NY
Twitter
@budgyt
118 Twitter followers
LinkedIn® Page
www.linkedin.com
22 employees on LinkedIn®
Description

Budgyt is a cloud-based budgeting and financial planning platform designed to help businesses simplify and automate their budgeting process. With tools for creating, managing, and tracking budgets, Budgyt enables organizations to collaborate, make data-driven decisions, and gain better control over their financial performance. The platform integrates with accounting systems to provide real-time insights, ensuring accuracy and alignment across teams. Budgyt is ideal for businesses looking to improve their financial planning and streamline budgeting workflows.


JM
Overview Provided by:
Empowering CFO's by simplifying budgeting for businesses, institutions and non-profits.

Recent Budgyt Reviews

SM
Steve M.Mid-Market (51-1000 emp.)
5.0 out of 5
"Outstanding Product and Service"
Very competitive price, which is important for a small- to mid-sized non-profit. Setup is easy, interface is intuitive. Can do easy reviews of mult...
KP
Karen P.Small-Business (50 or fewer emp.)
5.0 out of 5
"Budgyt Software"
Being able to clone the prior year budget saves me so much time when starting a new year's budget. It is so easy to make changes and compare the p...
RJ
Rose J.Small-Business (50 or fewer emp.)
5.0 out of 5
"Budgyt is a great product"
It is very user friendly platform, so other departments can assist in building out their budgets without needing finance team. Also support is ver...
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Budgyt Media

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97 out of 98 Total Reviews for Budgyt

4.8 out of 5
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97 out of 98 Total Reviews for Budgyt
4.8 out of 5
97 out of 98 Total Reviews for Budgyt
4.8 out of 5

Budgyt Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for BudgytQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
EC
Senior Budget and accounting Coordinator
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

There are lots of things I like about the software, for example, it is easy to review financial statements espercially tracking expenses and variance report. it is good for organizations that track employee efforts on various programs. it easy to import track your budget versus actual. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

I do not dislike it, I think the sofware is amazing. I just wish there was more vidoes on how to tract indirect cost. The good thing is, they have a great team that is always willing to help when you need it. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

We used to do alot of things manually, and having lots of mistakes. Budget is preventing us from using a giant spreadhseet that has lot of mistake and good to storing data. With Budgyt, our numbers are consistent and accurate, we do not have people change data by mistakes. Review collected by and hosted on G2.com.

TT
Director of Finance and Administration
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

Feature rich. The cloud-based user-friendly interface integrates easily, streamlines implementation and training, and makes for easy input and tracking of expenses, shows detail of prior years, while the reporting tools provide valuable insights into my financial situation. The ability to customize and create forecasts is instrumental in helping us stay on track with financial goals. Overall, Budgyt has improved our budgeting process, reduced labor costs, and helps to avoid keying errors. I highly recommend Budgyt software to anyone looking for an effective budgeting solution. The training staff is well versed in the product and has been a joy to work with. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

Nothing. I haven't found any dislikes while learning and using Budgyt. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

Having all the data in one spot helps to analize and report out to our board members, as well as providiing the finance committee direct access anytime they need. Review collected by and hosted on G2.com.

JM
Controller
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

How dynamic it is. It has a lot of features that accountants will find helpful. The creator/owner is extremely knowlegeable and was always available to help when we had problems. The Budgyt team was dedicated to helping us get our budget off the ground and running, helping us implement many things they built just for us. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

Some of the import features are not as user friendly. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

Budgyt offers us the ability to more accurately forecast future years. Review collected by and hosted on G2.com.

AC
CFO
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

This is a great tool for a small growing company. Lots of flexibility. Implementation was handled by the Budgyt team and was a fairly smooth process. The support team is easy to deal with Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

No issues at this time. We have just started using the tool Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

Our prior model was bulky and not scalable. This provides badly needed automation and seemless budget to actual information Review collected by and hosted on G2.com.

Verified User in Media Production
UM
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

Great product, well thought out, flexible, fast, and the support and training is very good and personal, including all of the available videos on various topics that are easy to digest. The best feature of all isn't a feature so much as its foundation: you can create multiple scenarios so easily on one set of base data and combine actuals with future budget figures to create projections easily. The staff at Budgyt did a good job of taking our raw info and setting it all up for us. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

Some of the reporting isn't as 'pretty' or presentable in PDF form as I might like for non-financial audience. Would love more customization for cash flow report to conform for how we like to present it or break out various GL codes into their own bucket. As I say this, there's probably a way that I have not discovered yet. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

Managing budget process better and collaboratively. Review collected by and hosted on G2.com.

PR
Treasurer
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

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! Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

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. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

I use Budgyt to budget and forecast annually and quarterly in our church. Budgyt allows a substantial amount of detail in it's budget scenarios, which makes it easy to keep all expense planning and justification in one place. Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
AN
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

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. The version control is great. Being able to create and present several different models is great. The employee module and the formulas modules are excellent. The customer service is also exceptional. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

There is nothing about the Budgyt platform that I dislike. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

Budgyt has allowed me to move away from using Excel spreadsheets to budget. Review collected by and hosted on G2.com.

MD
Business Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

As a Financial Controller I depend on Budgyt for my monthly variance analysis and can easily drill down to understand the reasons for variances versus the budget. It integrates beautifully with QuickBooks, down to the transaction level. Non-accounting users can see the same information and can manage their budgets more effectively. Budgyt has also been a superb tool for developing the annual budget, especially for payroll and benefits. The support is great. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

The set up time and learning curve were significant, but worth it. The reports aren't so aesthetically pleasing. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

budgeting, reporting, actual versuse budget analysis, forecasting Review collected by and hosted on G2.com.

JB
Staff Accountant
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

The reporting and date import/export functions. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

The amount of time it takes for data to populate. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

It allows multiple users to import and update their departmental budgets. Then at month end, we import our accounting data to compare against budget. Review collected by and hosted on G2.com.

NG
Line Producer
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

Budgyt is amazing. Budgyt support was patient and helpful in assisting with finding solutions to our archaic ways. They are available around the clock and we know we can count on them with any questions or issues. The program has upgraded our budgeting process and helped with visibility. Love this software! Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

Nothing, the software is amazing and support is always there. Review collected by and hosted on G2.com.

What problems is Budgyt solving and how is that benefiting you?

Helped organize and upgrade a very old system while staying user-friendly. Review collected by and hosted on G2.com.