Budget Maestro Review

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Last updated: Mar 09, 2020

Budget Maestro Review

ITQlick rating
(4/5)

Starting from $10,000 per year

Budget Maestro (formerly known as Planning Maestro) is a software for mid-market enterprises looking to better manage their businesses and improve on performance. It was developed by the Centage Corporation Com...

  • Categories (4/14):

    • Accounting & Finance
    • Fixed Asset Management
    • Budgeting & CPM
    • Financial reporting

Shlomi Lavi / updated: Mar 09, 2020

What is Budget Maestro?

Budget Maestro (formerly known as Planning Maestro) is a software for mid-market enterprises looking to better manage their businesses and improve on performance. It was developed by the Centage Corporation Company which has been offering its services since 2001.

Average Rating -

The rating of Budget Maestro is 4 stars out of 5. The rating is based on ITQlick expert review.

Typical Customers

Budget Maestro was developed to serve many kinds of industries, from public to private, startups to mature and from family-owned operations to Fortune 500 organizations. The software would work well in the industrial and service sector. It can be used in construction, retail, manufacturing, insurance, software engineering, health care, financial service and education.

Notable customers currently using the software are Kiz Studios, AWEA, yorktel, Epson, Houston Food Bank, HunterDouglas, Auto Value, Baker Tilly and Gold's Gym.

Features

With Budget Maestro, you should be able to better manage critical financial data with just a few clicks. The interface of the software is intuitive and formula-free. It does not require specialist to be able to use it. With it you should be able to streamline the planning process and have a unified picture of the financial status of your company.

Budget Maestro can process all information related to your company's budget plan in a centralized integrated platform and give you a comprehensive solution even if your company has many offices spread in different locations.

Budget Maestro 5 Pros

  • Available both as an online service and as client server software
  • Integrates the Business Intelligence Add-On module
  • Telephone support available 24/7
  • Can be used in currencies other than the US dollar
  • Supports automated journal entries and bank reconciliation

Budget Maestro 2 Cons

  • Does not support Bank nor credit card sync
  • No help desk or Live chat integrated into the software

Competitors & Alternatives

Some of the main competitors for Budget Maestro are Adaptive Planning and Planguru.

Adaptive Planning is a cloud based solution that can handle planning requirements for revenue management & cash flow requirements, resource allocation, capital assets reviews as well as sales forecasting. Additionally it has a feature for rolling forecasts which models both real-time data and different scenarios to improve planning schedules for better performance. The product is also based on workflows to model the organization’s planning process.

Budget Maestro on the other hand includes these solutions but also includes debt financing & interest management, as well as income & sales tax planning & forecasting. There are also analytic tools with dashboards and KPIs for performance analysis along with options for multi-dimensional reporting. Additionally while Budget Maestro is workflow based it also includes an audit trail to validate the effectiveness of the planning process.

Then there is Planguru which includes over twenty inbuilt forecasting methods with the option to create customized models. Additionally the product allows budgeting to be done on various periods of up to ten years if required with no limitations on the number of projections that can be done. There is also support for business valuation analysis for profitability with analytic tools for budget & planning reporting. The product is also available as an on premise or hosted cloud based solution.

Budget Maestro in comparison is also available as an on premise or cloud based solution, but offers an API to integrate with leading enterprise applications. Additionally the product supports both multi- currency and multi-lingual requirements as well.

Budget Maestro Pricing Information

The cost of license starting from $10,000 per year. The experts at ITQlick has reviewed Budget Maestro pricing and gave the software a total cost of ownership (TCO) rating of 6.4 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching Budget Maestro in action

Budget Maestro Categories

Accounting & Finance
Fixed Asset Management
Budgeting & CPM
Financial reporting
HR Accounting
Payroll Accounting
Accounting Practice Management
Business performance management
Dashboards & KPIs
Expense Tracking
Project Budgeting
Project Forecasting

Specifications

Company:
Address: Natick, MA
Customers: Small business, Medium business, Large business
Business Area: Customer service, Finance management, Information technology, Marketing, Project Management, Service management, Other
Platforms: Desktop, Mobile, Cloud
Operating Systems: Mac OS, Windows, Linux

Budget Maestro Features

Accounts Payable
Accounts Receivable
Budgeting & Forecasting
Cash Flow
Credit Card Processing
Fixed-Assets
Multi-Currency
Sales Reporting
Tax compliance
Time & Expense
Agile Project Management
Budget & Expense Management
Issue Tracking
Project Management
Resource Management

Budget Maestro Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Budget
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
87/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.4/10
License pricing license pricing (if provided by the software vendor)
$10,000 per year
Hosting
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Functionality score
29
Fit small business
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4.2/10
License pricing license pricing (if provided by the software vendor)
$9,995 per license
Hosting
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Functionality score
14
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ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
89/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
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24
Fit small business
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ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$150 per user/month
Hosting
NA
Functionality score
38
Fit small business
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IBM
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.2/10
License pricing license pricing (if provided by the software vendor)
$867.20 per user/month
Hosting
On premise and Cloud
Functionality score
5
Fit small business
Fit medium business
Fit large business
Software review