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Budgyt Reviews & Product Details - Page 5

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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Budgyt Community
Languages Supported
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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
Security Badge
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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Gregory D.
GD
Corporate Controller
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Budgyt?

Easy to input data, create multiple budgets, track changes and view not only individual cost centers, but also entire entities with a few easy clicks. Tracking the changes is very important especially if you give entity/cost center owners the ability to input their own data or if you have multiple Finance personnel editing information. The payroll features are so very helpful and you can create as many fields as you need to calculate the payroll correctly and then assign these fields to the respective employees such as: FICA, bonuses, health benefits based on which group the employees has elected, wellness benefits, etc. It is so easy to slice and dice the information even if you are working with multiple entities and you can easily export to Excel. Overall, Budgyt took all of those troublesome spreadsheets for each entity and cost center and condensed it into an easy way to input, track and view the information. This tool is a game changer! Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

There is nothing I don't dislike about this tool. Review collected by and hosted on G2.com.

Recommendations to others considering Budgyt:

Pay attention to how easy it is to input personnel and the payroll formulas because that's usually 70% of the data. Review collected by and hosted on G2.com.

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

The budgeting process has never been easier because Budgyt has everything you need. I would cringe when budget season came up because of the Excel files that were previously used with these long formulas and, god forbid, if you wanted to add a new cost center, entity, etc. Now, I don't have to worry about any of these points of frustration and can rest assured that the formulas work, the changes are tracked, the budget versions are available, and the numbers make sense. Budgyt has cut our budgeting process in half, which has more than paid for itself. Review collected by and hosted on G2.com.

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

The ease of navigation. I like the choice of views. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

My login is through my company and not easy to find on the site. Review collected by and hosted on G2.com.

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

It allows me to manage my area easily and with confidence Review collected by and hosted on G2.com.

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's a very straight-forward system to use, with excellent control over access, so your budgetholders can see just what they need to see. Customer service is also excellent, and the team at budgyt are passionate about making sure you get what you need from the system. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

I don't really dislike anything about Budgyt Review collected by and hosted on G2.com.

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

The organisation I'm working for had a very finance - led budget process last year, and we wanted to find a simple way of creating a process which encouraged budget-holder buy-in. Budgyt seemed to be the answer, and has turned out that way. Review collected by and hosted on G2.com.

John F.
JF
Deputy Director
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 without reservation. The non-profit that I run has a $3.5 million budget, a staff of 30 and more than 40 different funders. Prior to using Budgyt keeping track of what grants/contracts funded each staff member was cumbersome. Budgyt simplifies the process through the use of Dimensions. Reports that would take me hours to create in the past are now done in minutes. Budgyt is an essential tool for leaders of non-profit organizations. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

There is nothing that I can point to that I have not been satisfied with. Tech support has solved any issue that I have had. Review collected by and hosted on G2.com.

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

Budgyt allows me to have a full picture of how the non-profit that I run is being funded. Review collected by and hosted on G2.com.

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

Being able to have multiple users who can enter and track their budgets, and calculate their forecasts throughout the year without giving access to our accounting system. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

Not being able to utilize it to its full capacity based on the lack of time to learn everything it offers. This of course is not a Budgyt problem, but a personal one. Review collected by and hosted on G2.com.

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

Budgyt allows anyone I give access to review financial information and build their budgets every year. No more downloading and formatting reports from Quickbooks to send out. Users can make notes for others to view on each line item for further insight into variances. Review collected by and hosted on G2.com.

Eva K.
EK
accounting manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Budgyt?

We use Budgyt for our mid-size nonprofit with complex funding structure. We were able to set up our company, upload actuals and generate a budget quickly. We are taken care of by their team, who provide us with special upload/download templates. The support is responsive, accommodating and eager to advise the most efficient use of their product. Thank you. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

The setup of personnel costs focuses on entities who do not use fund accounting. Non-profits need to customize this more detailed setup. Review collected by and hosted on G2.com.

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

Budgyt helps with agency-wide budgeting and forecasting, department budget to actual performance measure, personnel costs control. Review collected by and hosted on G2.com.

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

Budgyt has been by far the best investment our business has made. The time I save on monthly reporting alone has made it worth the cost. Speaking of cost, the price is absolutely reasonable.

The ability to import and export data is simple and pain-free. One of the best features is the ability to link spreadsheets.

Excellent onboarding experience, Excellent technical support. I simply cannot say enough good things about Budgyt! Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

I can't think of anything negative about Budgyt Review collected by and hosted on G2.com.

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

We use QBO for our general ledger and we use Budgyt for monthly reporting and forecasting/budgeting. Review collected by and hosted on G2.com.

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

I love how detailed Budgyt is and how easy it is to use as a collaborative tool in our org. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

If you/your teams aren't super familiar with accounting practices, it could be confusing to use as a stakeholder. Review collected by and hosted on G2.com.

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

Full org budget planning and forecasting across various time frames (quarterly vs annually vs monthly). Review collected by and hosted on G2.com.

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

It provides an easy self-service interface for our leaders into the financial data coming from our ERP. It saves the Finance Team a lot of time answering questions. It replaced our time-consuming internal monthly financial reports for each department. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

Though the functionality is available in Budgyt, I have not yet taken the time to automate the interface between our ERP (MicroSoft Dynamics GP) and Budgyt. The manual process is quick but something I'd like to eliminate. Review collected by and hosted on G2.com.

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

Budgyt is providing a user-friendly interface into the financial data in our ERP for all our leadership. They are able to customize the data they see (Actuals, Budget, Projection, Prior Year, etc.) and then drill down into the detail that supports those amounts. It has empowered our leadership team to do their own financial analysis which is very helpful for our small Finance Team. Review collected by and hosted on G2.com.

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

Budgyt is one of the best budgeting tools in the market. Review collected by and hosted on G2.com.

What do you dislike about Budgyt?

I didn't see any downside of this budgeting software as of right now. Review collected by and hosted on G2.com.

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

Previously we were on excel and now Budgyt made my life so easy and the best part is the HR module, which i like most. Review collected by and hosted on G2.com.