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
Company Facts
Product Details
Product Details
Budgyt Categories and Features
Time and Expense Software
Financial Reporting Software
Expense Report Software
Budgeting Software
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Good Budget for Accountants
Date: Feb 25 2025SummaryI am thoroughly happy with Budgyt. We anticipate it is going to meet our needs for years to come and.
PositiveWe liked the ability to compare multiple departments and years with little trouble. It also has multiple reporting features depending on what you need.
NegativeImporting information could be easier that it currently is.
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Excellent product
Date: Mar 14 2025SummaryExcellent. 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.
PositiveEase of use, integrates with accounting software, usable for non accounting staff, affordable for the company.
NegativeI do not have any complaints about Budgyt. I am a repeat customer.
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Easy to Implement and Use, Time saver
Date: Feb 25 2025SummaryGreat. Budgyt has made management reporting, budgeting and forecasting so much easier and it takes so much less time than before.
PositivePermissions 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.NegativeSome minor quirks in how to set things up, but always received great support.
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Ditch Excel and Streamline Budgeting with Budgyt!
Date: Feb 24 2025SummaryDuring 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.
PositiveBudgyt 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.
NegativeLimited suite of available financial system integrations.
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Some learning curve for implementation team.
Does not easily handle fund accounting reporting. -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Excellent Product and Value
Date: Mar 21 2025SummaryBudgyt 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.
PositiveEase of use; quality and responsiveness of support staff; strong capability, especially around multiple entities; competitive pricing
NegativeBalance Sheet functionality is not included in base product.
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Budgyt made easy!
Date: Feb 26 2025SummaryWe 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.
PositiveBudgyt 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.
NegativeAlthough 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.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Robust Budgeting Software
Date: Nov 01 2024SummaryOverall, 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.
PositiveFeature 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.
NegativeNothing at this time. My team has begun using the software without any complaints.
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Budgyt is great
Date: Nov 11 2024SummaryExcellent experience wont go back to Excel.
Would be nice if you could embed excel in the database.PositiveOnce you understand the scenarios and reporting tools it works really well for high and granular analysis.
NegativeSpeed - it would be nice if it updated faster.
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Robust Payroll Budgeting Module
Date: Nov 08 2024SummaryWe'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.
PositiveEmployee 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.NegativeSometimes 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.
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Sr. Budget and Accounting Coordinator
Date: Nov 18 2024SummaryI will recommend Budgyt to any organization especially if they are still small. it easy use and track financial reports and statements.
PositiveThe 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 JamesNegativeI wish there was more videos on how to track indirect cost and formulas.
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User and Budget Friendly
Date: Dec 23 2024SummaryMy overall experience is good with the product. During implantation, James was very attentive to the needs of the organization.
PositiveEase of use, the features are excellent and the support team is amazing. The customer service team are very helpful.
NegativeSometimes the system can be slow depending on the size of your database. With proper management, this can handle.
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Budgyt is the BEST!
Updated: Feb 26 2025SummaryOverall 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.
PositiveLove 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!NegativeCan't restrict access to Payroll module by department.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Budgyt Platform is great!!
Date: Nov 19 2024SummaryThe employee module and the formulas modules are excellent. The customer service is also exceptional.
PositiveThe Budgyt platform has made my budgeting process so much easier. Being able to move away from using multiple, linked Excel spreadsheets has been great.
NegativeThere is nothing about the Budgyt platform that I do not like.
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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 2024SummaryWe'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.PositiveThe 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 functionNegativeNo negative experience to date apart from the time zone difference when it comes to product support
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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 2024SummaryWe 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.
PositiveThe 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.NegativeI'd like to remove the % option from reports fully, and have more tailorable options for %'s added into reports.
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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. -
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 2024SummaryBudgyt 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!PositiveBudgyt 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!NegativeAfter 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.
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Best Budgeting Tool
Date: May 16 2023SummaryOverall we are happy with our selection for Budgyt as our ultimate budgeting tool that is helping us solve our annual budgeting.
PositiveBest tool for budgeting and forecasting. Using it for our multiple companies and departments and working really well.
NegativeWith a big database such as ours, it is slow now. Development team is working and hopefully to solve this issue soon.
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Perfect for budget-holder engagement
Date: Mar 07 2023SummaryInitial 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.
PositiveGreat 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.
NegativeNothing - very well built and supported system with ease of use.
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Budgyt should be every business's budget platform
Date: May 22 2023SummaryMy experience from sales, to implementation, to go live and beyond was seamless and all the users were onboarded quickly and effectively.
PositiveBudgyt 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.
NegativeThere really were no cons, Budgyt excels at so many things and they deliver exactly what they sell.
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Budgyt makes budgeting and cost analysis easy
Updated: Jun 22 2023SummaryThe 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.
PositiveI 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.
NegativeOriginally payroll setup feature was less flexible. Now this payroll taxes input is more flexible and ensures faster data setup.
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