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Budgyt Reviews & Product Details - Page 4

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
Product Website
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Budgyt Community
Languages Supported
English
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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.


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

Recent Budgyt Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Flexible customization"
The support is top notch. I was not sure that Budgyt would work for me however, James was able to create some formulas to help support our needs.
Verified User
A
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Improved our budgeting process ten-fold"
It is easy to use and available to multiple users for annual budget submission. Customer support is also excellent.
Annmarie M.
AM
Annmarie M.Mid-Market (51-1000 emp.)
4.5 out of 5
"Using Budgyt"
I like the simplicity and still meets the needs of my organization
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This seller hasn't added their security information yet. Let them know that you'd like them to add it.
4 people requested security information

Budgyt Media

Budgyt Demo - Overview
Learn about Budgyt and its multi-class budgeting with instant drill-down and easy comparisons on a no-code platform with unbreakable multi-class formulas.
Budgyt Demo - Manage C2C's
Manage Category-to-Category No-Code Formulas
Budgyt Demo - Copy Data
Easily copy data across budgets
Budgyt Demo - VIsualizations
Transform dense data into budget clarity with out advanced visualizations module.
Budgyt Demo - Manage Users
Manage your your users on an intuitive page.
Budgyt Demo - Scenario Dashboard
getting you to the why when it matters most
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Video Reviews

86 Budgyt Reviews

4.8 out of 5
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86 Budgyt Reviews
4.8 out of 5
86 Budgyt Reviews
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.
PB
SVP
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

Navigating through all the data and formulas. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

No ability to include SQL statments or queries within the program. Review collected by and hosted on G2.com.

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

Replaced multiple spreadsheets that had the possibility of various formula errors. Review collected by and hosted on G2.com.

MC
Accounting Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Budgyt?

Easy to design reports and then have them run automatically once we close our financial period. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

I have not found an area where Budgyt is not ideal for our use. Review collected by and hosted on G2.com.

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

It does a precise representation of financial data showing the financial health of the business. Review collected by and hosted on G2.com.

Response from James McCoy of Budgyt

Thank you. Yes creating a budgeting platform that allows precision with an easy to use audit trail is hard to program and find out there.

Verified User in Non-Profit Organization Management
UN
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

This program will organize all your organization's number into structures everyone - especially your non-number people - within your organization. Incredibly customizable, secure, and (mostly) user-friendly. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

While it has terrific ways of customizing what can be seen or hidden, figuring out all of the data and possibilities for exploring the data has a bit of a learning curve. It's a quibble when compared to otherwise greatness. Review collected by and hosted on G2.com.

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

Budgyt allows me to look at and plan for various department's financial needs while being the primary assistance to multiple parts of a small NPO. Review collected by and hosted on G2.com.

Response from James McCoy of Budgyt

Hi, thank you for the review. As Budgyt works in over 80 different verticals we have made many features configurable to various setups. Most Admins indicate it takes about four hours to get very familiar with the platform.

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

We purchased all available modules and am really enjoying visualizations that are provided by Budgyt. Besides the system being very user friendly - their support staff is what has really made all the difference for our organization. Whenever I have a question they are always readily available to answer or help resolve it! Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

Still learning the Cashflow and Balance sheet modules but they are new to Budgyt! Looking forward to learning with Budgyt. Review collected by and hosted on G2.com.

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

Visability to all of our data, the speed of updates and changes being updated throughout the site, the ease of forecasting and scenerio changes. Review collected by and hosted on G2.com.

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

Budgyt.com is such a needed software when it comes to the budgeting process. Bugyt.com is super user-friendly, and their support staff has your back the entire way. It is my second time referring an organization I work for to use Budgyt.com for their budgeting application. Their payroll module is so functional and allows you to dial in the payroll aspect of your business regarding the annual budget. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

In my experience, there is nothing I dislike about Budgyt.com. The price point is perfect; the support team is available when needed, and the integration to QuickBooks online works like a charm. Review collected by and hosted on G2.com.

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

We took the budget process from a spreadsheet and 15 revisions last year to a streamlined process where all users could enter their annual budgets and, more importantly, see the real-time results as actuals are populated. Their reporting module allows the month-end-close results to be presented to decision-makers so they can make far superior decisions. Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
UN
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

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 CEO & founder 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" Aileen who has been immensely helpful from day 0 to the present, anticipating our needs at times before we even did. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

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. Review collected by and hosted on G2.com.

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

Limited/non-user-friendly access to financal data & clear, legible reports are now easily distributed/accessible to our non-finance team members, saving time for both finance & non-finance staff, and eliminating questions arising from lack of clarity/version control in distribution of financial info. The easy-to-use & understand format of Budgyt helps keep things consistent. And most notably, the processes of budgetting and forecasting have been completely revamped to work with the Budgyt platform (from old manual, Excel-based processes). Review collected by and hosted on G2.com.

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

After a traumatic budgeting process a year ago, I made it a goal to replace Excel with an engineered budgeting tool that easily integrated with QuickBooks Online. Budgyt has fulfilled all of my wishes. With some quick training and excellent staff support, we did our most recent budget in record time, and NO Excel errors. It also effectively allowed us to modify our financial structure so we can better slice and dice our budget vs actuals management process. The QBO integration is seamless and fast, and the Dashboard lets even our most tech-averse managers look at the numbers the way they want, not the way they must. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

There is a learning curve, which is best traveled by using the software, not just relying on the training. There are also several features I'm not sure we'll use, particularly the Employees/Payroll section, which based on an admittedly limited review, does not seem to be as robust as we'd need to move in that direction. Review collected by and hosted on G2.com.

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

Staying away from mistake-prone Excel spreadsheets, allowing us to drill down into any flavor of budget vs actual details. Review collected by and hosted on G2.com.

KB
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Budgyt?

ease of implementation

quick implementation

self-implementation

support during the implementation stage

virtually no support needed post -implementation Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

exchange rate management feature for multi-currency companies Review collected by and hosted on G2.com.

Recommendations to others considering Budgyt:

easy to use

easy to implement

shortest learning-curve ever for a reporting software Review collected by and hosted on G2.com.

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

going beyond Excel for monthly reporting and group consolidations

a simple API interface or CSV upload leads to a complete management accounts pack, including group consolidations

multi-currency function

reporting seamlessly across multiple jurisdictions with different currencies at the click of a button

giving my both profit and loss and balance sheet reports, across eight countries, across four currencies, and across six different times zones within minutes

simple, aesthetic, easy-to-use, off-the-shelf, ready-to-go, hustle-free software Review collected by and hosted on G2.com.

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

James and his staff take time to ask relevant questions to gain insight into how we want to track our project expenses. Additionally, short meetings are easily scheduled promptly to address concerns or questions, and I can always keep moving forward. Budgyt is a user-friendly platform that makes recordkeeping easy, and the built-in reports provide instant answers when a steering committee member questions an expense. Customer support is stellar. Overall, an enjoyable experience! Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

I do not have an answer to this question. Review collected by and hosted on G2.com.

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

I track expenses for a multimillion-dollar project in Budgyt. Reports for presentations or as references are organized succinctly and are formatted well. Review collected by and hosted on G2.com.

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

I highly recommend Budgyt, as it exceeded all my expectations. It is user-friendly and provides great visibility into our finances. It's effortlessly customizable to the unique needs of my organization. The training videos also saved a great deal of time in the onboarding process. The customer service is also amazing; the top-notch support team was always available to assist. The cost of the program with all its features was a bargain! Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

I have nothing even remotely bad to say about Budgyt. Review collected by and hosted on G2.com.

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

It streamlines my budgeting process, and saves me so much time. Until recently, excel has been my primary budgeting platform, moving to Budgyt gave me the piece of mind that the finances are accurate, reliable and easily trackable. Review collected by and hosted on G2.com.