BudgetPak Review - why 4.7 stars?

BudgetPak Software Review
ITQlick Score: 83/100
ITQlick Rating: (4.7/5)
Pricing: 7.8/10 - high cost
Category: Budgeting & CPM -> BudgetPak
Ranking:Ranked 10 out of 50 Budgeting & CPM systems
Company: XLerant, Inc
Pricing: starts at $10,000 per year
Typical customers: SMBs
Platforms: Desktop, Mobile, Cloud
Links: BudgetPak pricing, BudgetPak alternatives

Shlomi LaviShlomi Lavi / updated: Nov 25, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is BudgetPak?

BudgetPak is a budgeting & CPM software designed to help organizations manage budgeting, forecasting, and reporting. The software helps organizations engage their teams in their budgeting process. With its interactive map, it orients each user on their place in every process, provides a guide on each process, and generates real-time insights on progress made regarding their finances.

Some key features of BudgetPak are forecasting, reporting & analysis, budgeting, and modern technology. The software is a product of Xlerant Inc, a computer software company with a workforce of over 50 employees. The company was founded in 2008 and is headquartered in Stamford, Connecticut, United States.

What is BudgetPak rating? ()

The rating of BudgetPak is 4.7 stars out of 5 and the total score is 83 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are BudgetPak's typical customers?

The typical customers include the following business size: SMBs.

Is BudgetPak the best Budgeting & CPM?

BudgetPak is ranked 10 out of 50 software in their category (Budgeting & CPM systems).

What are BudgetPak's pros? (4 Pros)

  • Its process is step by step, enabling one to put annual finances together
  • BudgetPak supports Excel integration for harnessing external data on the cloud
  • Setup and implementation processes were seamless
  • Ease of use for both and admins and end-users

What are BudgetPak's cons? (2 cons)

  • It refreshes open pages too often
  • No tutorial video or PDF to onboard new users

Who are their main alternatives?

Popular alternatives to BudgetPak: Adaptive Insights, Neubrain, Budgyt, PlanGuru, Sage 100cloud, Vena, Expensify expense management, Planful, Jedox, True Sky. The full list of competitors can be found here.

What is the cost of BudgetPak?

The cost of license starts at $10,000 per year. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 7.8 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for BudgetPak

What should you ask XLerant, Inc during a demo session? (65 questions)

Schedule a demo with BudgetPak and access 65 must ask questions for the vendor while watching BudgetPak in action. Visit the vendor's website here.

Is it the right software for you?

BudgetPak is suitable for small and medium-sized organizations. The software is designed to serve associations, higher education institutions, real estate companies, and nonprofit & faith-based organizations. Some of such organizations using BudgetPak are Palm Beach Atlantic University, Wheaton Bible Church, and Brotherhood Mutual Insurance Company.

BudgetPak's list of categories:

Accounting & Finance
Budgeting & CPM
Capital Program Management
Project Budgeting
Project Forecasting

BudgetPak's list of features:

Version Control
Budgeting & Forecasting
Project Budgeting
Capital Asset Planning
Profit / Loss Statement

BudgetPak Vs. Alternatives

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.