Budgyt is a cloud-based software solution that replaces clunky spreadsheets with an intuitive budgeting tool to create budgets faster, more accurately and more reliably. This solution works for clients in any industry who have multiple stores, units or divisions. Budgyt creates a roll-up of individual budgets and generates reports and analyses. Budgyt also imports/exports with your existing general ledger accounting software.
Features: Multiple P&L budgeting - instant access due to cloud technology - advanced functionality such as activity audits, search, version control, grow by fixed or percent, etc. - advanced reporting - customizable - live demo and free trial.
Benefits: Efficient, easy to learn and use - trustworthy, with lockdown features to eliminate formula and linking errors - secure, leveraging features such as activity audits and version control elevate data integrity - private, with permission controls by various parameters to control who sees what - scalable, due to dynamic design for easy revisions, report building, etc. - significantly reduce time and frustration of budgeting with spreadsheets - implement in days and typically see ROI in three months or less.
Reviews of Budgyt Write a Review
Luther from Ivey Mechanical Company says...
Doing a great job, easy to use. Especially with the newest release and breaking out company divisions/departments; separate for security managers. Maintaining years of history, actuals compared to budget as well as implementing for us a “most probably year” scenario. Projects our current year very nicely.
The good: Sets up special reports, very accommodating company and solution. Not too complicated as a lot of budgeting solutions tend to be.
The bad: Nothing of note. New release helps consolidate reports between departments. which was my biggest concern.
Larry from Texas Stars Hockey Club says...
Budgyt is a comprehensive cloud-based budget tool that provides all the functionality and flexibility our organization needs. It replaced our Excel-based process.
The good: This software has been a tremendous addition to our budget process. We’ve improved collaboration and eliminated formula errors. For more complex budget calculations, we can import directly from an Excel worksheet if we choose and that file stays linked in Budgyt so we can always review the budget methodology of that line item.
We can search for keywords to review budget detail and compare a current year budget to prior year actuals.
Non-finance savvy department managers find it a vast improvement over our previous Excel-based process.
The customer service has been excellent. We asked for certain customizations and the Budgyt software team was able to accommodate our requests. I highly recommend the software.
The bad: As the Admin, I’d like to be able to set a default department rather than see all departments when I log in.
Luther from Ivey Mechanical Co says...
This product is a cloud based, easy to use, budgeting tool, that is very flexible.
The good: The fact that we can break down our budget into may different groups, consolidate and report in both detail and consolidated via easy to use Excel.
The bad: In order to get some of my reporting, I must manipulate the data in excel, although the info is there for me to get it like I want it.
Elizabeth from Evelyn & Walter Haas Jr. Fund says...
We use Quickbooks Premier in our organization, which has very limited Budget to Actual reporting capabilities. We were creating very large Excel workbooks by hand, which was extremely time consuming. In 2014 findaccountingsoftware.com put us in touch with James McCoy, owner and developer of Budgyt. James worked with us intensively to make the program work for us. We are a small Foundation, and our needs are somewhat unique. Now we are able to upload data using a .csv file from Quickbooks to Budyt and make the information available to users in our organization. Now we no longer have to generate reports in Quickbooks, and send them to users so that they can parse the data.
The good: Strengths: Allows users in our organizations to access budget to actual data, without the involvement of accounting. Users are given access to only those accounts that they have ownership of. Budgyt is also quite user friendly. None of our users have had any difficulties learning how to use it . We have had pleasant surprises along the way as the program has been enhanced quite a bit. A sort by vendor function was recently introduced which our users will really benefit from. The Program also helps us identify miscoded items in Quickbooks because we can view the data from a new perspective once uploaded into Budgyt. On a final note, James is a pleasant person to work with, and will work hard to please you!
The bad: Some of the reports are a bit confusing to our users who don’t have a lot of exposure to Excel. The reports contain many columns of information, such as Budget, Actual, $ variances, % variance YTD, and current versus prior year variances. This can be a lot of information for some basic users.
An anonymous Budgyt user says...
Budgyt is a fairly lean budgeting software, but where it excels is in keeping formulas and rules organized and easily used between budget years in a much cleaner and easy to keep track of way than a traditional spreadsheet or other solution.
The good: The best part of Budgyt is how easily formulas and other rules can be managed, used, and modified between budget years.
The bad: The UI could be a bit more intuitive, but after a week or so of regular use its easy to become very proficient.