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What is Budgyt?

Budgyt is an accessible and user-friendly budgeting tool designed specifically for small businesses. This cloud-based platform streamlines the budgeting process for small to medium enterprises and non-profit organizations, effectively reducing the vulnerabilities associated with conventional spreadsheets. By using Budgyt, organizations can cut down up to 80% on the time and costs associated with overseeing various budgets across different departments or projects. Key features include data sheets, formula management, and user controls, ensuring a comprehensive budgeting experience. Additionally, the software offers robust capabilities like reporting, version control, intuitive dashboards, and customizable user permissions for enhanced collaboration and oversight. The seamless integration of these features makes Budgyt an essential tool for efficient financial management.

Pricing

Price Overview:
Contact us for pricing
Free Trial Offered?:
Yes

Integrations

Offers API?:
Yes, Budgyt provides an API

Screenshots and Video

Company Facts

Company Name:
Budgyt
Date Founded:
2012
Company Location:
United States
Company Website:
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Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
Webinars
On-Site Training
Video Library
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
Target Organization Types
Mid Size Business
Small Business
Enterprise
Nonprofit
Government
Startup
Supported Languages
English

Budgyt Categories and Features

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

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

Expense Report Software

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

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
  • Reviewer Name: JJ M.
    Position: Controller
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
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    Would you 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...
  • Reviewer Name: A Verified Reviewer
    Position: Controller, treasurer
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
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    Would you 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...
  • Reviewer Name: A Verified Reviewer
    Position: VP of Business Operations
    Has used product for: 6-12 Months
    Uses the product: Weekly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
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    Would you 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...
  • Reviewer Name: A Verified Reviewer
    Position: Executive Consultant
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
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    Layout
    Ease Of Use
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    Would you 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...
  • Reviewer Name: Steve M.
    Position: Chief Financial Officer
    Has used product for: 1-2 Years
    Uses the product: Weekly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you 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...
  • Reviewer Name: A Verified Reviewer
    Position: Chief Financial Officer
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you 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...
  • Reviewer Name: Thom T.
    Position: Director of Finance
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Robust Budgeting Software

    Date: Nov 01 2024
    Summary

    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.

    Positive

    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.

    Negative

    Nothing at this time. My team has begun using the software without any complaints.

    Read More...
  • Reviewer Name: Adam B.
    Position: CFO
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you 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...
  • Reviewer Name: Matthew V.
    Position: Business Analyst
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
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    Would you 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...
  • Reviewer Name: A Verified Reviewer
    Position: Sr. Budget and Accounting Coordinator
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you 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...
  • Reviewer Name: Ann-Marie M.
    Position: Sr. Director of Strategic Finance
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 500 - 999
    Feature Set
    Layout
    Ease Of Use
    Cost
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    Would you 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...
  • Reviewer Name: Kathleen P.
    Position: Financial Controller
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
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    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Budgyt is the BEST!

    Updated: Feb 26 2025
    Summary

    Overall it is awesome! Having been using it for almost a year and create monthly re-forecasts using combination of prior months actuals and future months forecast.

    Positive

    Love Budgyt’s business model which enabled use to try it out with our data and most of the setup without paying up front. Budgyt is so much better than my bulky multi company, multi department Excel spreadsheet.
    Great that we can upload detailed actual GL data for users to see. Awesome that we easily see prior year monthly actuals, and budget on the data sheet for a gut check. The formulas and excel linking files work like a charm. Implementation was very smooth and haven't needed to contact customer support yet. You can tell this product was designed by a CFO, and is easy enough to use by a non-financial manager!

    Negative

    Can't restrict access to Payroll module by department.

    Read More...
  • Reviewer Name: Larry C.
    Position: Sr. Analyst
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you 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...
  • Reviewer Name: A Verified Reviewer
    Position: Project Manager
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 500 - 999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    A great value for money budgeting solution

    Updated: Aug 28 2024
    Summary

    We've been using Budgyt for the past two plus years, and it has completely transformed the way we manage our budgeting process. As a mid-sized organisation, managing our budgeting process used to be a time-consuming task. However, Budgyt has streamlined everything, making it efficient and straightforward.The interface is quite intuitive and user-friendly.

    The customer support team has been exceptional, guiding us through the initial setup and providing ongoing assistance whenever we need it. They’ve truly made the transition to Budgyt platform smooth and hassle-free. I recommend this platform to any organisation looking to uplift their budgeting and planning capabilities.

    Positive

    The interface is intuitive and end user-friendly, making it easy to track our actuals against budget

    Easily create, manage, and adjust budgets across multiple departments

    Microsoft Excel connectivity via Import function

    Negative

    No negative experience to date apart from the time zone difference when it comes to product support

    Read More...
  • Reviewer Name: Alicia W.
    Position: Divisional Accounting Manager
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
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    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Budgyt has enabled me to spend less time on manually compiling reports, the program has countless formats available.

    Updated: Mar 05 2024
    Summary

    We love this software in our organization. We have read-only users who rave about it. But it has most drastically improved the lives of the financial accountants.

    Positive

    The ability to splice income statements into various formats, quarterly, monthly, annually with ease, in addition to combining entities and/or departments. I mostly enjoy viewing a number of entities in a single report with each entity as its own column. It was challenging to do this format efficiently prior to having the Budgyt software.

    Compiling presentation materials for senior executives is a breeze compared to the manual processes I experienced previously to appease various format requests of attendees.

    Negative

    I'd like to remove the % option from reports fully, and have more tailorable options for %'s added into reports.

    More descriptive processes for FOA and C2C (formula) in the Budgyt program. It's not an intuitive process and the language itself can be confusing.

    Read More...
  • Reviewer Name: Paul R.
    Position: Treasurer
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
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    Would you 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...
  • Reviewer Name: A Verified Reviewer
    Position: Manager Financial Reporting
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 500 - 999
    Feature Set
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    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Best Budgeting Tool

    Date: May 16 2023
    Summary

    Overall we are happy with our selection for Budgyt as our ultimate budgeting tool that is helping us solve our annual budgeting.

    Positive

    Best tool for budgeting and forecasting. Using it for our multiple companies and departments and working really well.

    Negative

    With a big database such as ours, it is slow now. Development team is working and hopefully to solve this issue soon.

    Read More...
  • Reviewer Name: Jim S.
    Position: Consultant
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
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    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Perfect for budget-holder engagement

    Date: Mar 07 2023
    Summary

    Initial set up was easy, continued customer service throughout was excellent. Very passionate team, and the system enabled a strongly adopted budget to be produced in this organisation.

    Positive

    Great for budget-holder engagement using the excellent access control to ensure they only get to view their areas - simplifying their experience whilst they contribute to a wider, more complex budget.

    Negative

    Nothing - very well built and supported system with ease of use.

    Read More...
  • Reviewer Name: Jill S.
    Position: Controller
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
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    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Budgyt should be every business's budget platform

    Date: May 22 2023
    Summary

    My experience from sales, to implementation, to go live and beyond was seamless and all the users were onboarded quickly and effectively.

    Positive

    Budgyt is such a needed software when it comes to the budgeting process. Bugyt 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 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. We went from a spreadsheet budget last year with 15 revisions and many mistakes to an error free system we can depend on.

    Negative

    There really were no cons, Budgyt excels at so many things and they deliver exactly what they sell.

    Read More...
  • Reviewer Name: Eva K.
    Position: Accounting Manager
    Has used product for: 6-12 Months
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Budgyt makes budgeting and cost analysis easy

    Updated: Jun 22 2023
    Summary

    The product has a great visual layout and dashboard is well designed. Data setup is very self explanatory and flexible. It has an import/export feature. Budgyt stores historical information and this helps to fine tune scenarios. Their customer service team give me personalized and quick responses.

    Positive

    I use Budgyt to summarize over 20 different service programs. The program helps me with evaluating constantly changing costs in personnel and project expenditures. Upload and download is very easy to use. The customer service accommodated our agency's specific needs with the import/export feature. Training was customized to our agency's needs and recording was available.

    Negative

    Originally payroll setup feature was less flexible. Now this payroll taxes input is more flexible and ensures faster data setup.

    Read More...
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