Budgyt Review - why 4.9 stars?

Budgyt Review
ITQlick Score: 89/100
ITQlick Rating:
Pricing: 3/10 - low cost
Category: Budgeting & CPM -> Budgyt review
Ranking:Ranked 3 out of 51 Budgeting & CPM systems
Company: Budgyt
Pricing: starts at $399 per month
Typical customers: SMBs
Platforms: Cloud
Links: Budgyt pricing, Budgyt alternatives
Shlomi LaviShlomi Lavi / updated: May 06, 2022

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What is Budgyt?

Budgyt is a cloud-based accounting software that enables administrators to manage structural changes made across multiple departments within their organization, as well as determining what data is used for budgetary processes. It also allows them to control information access based on criteria such as department and region, as well as to manage employee payroll and time plan.

The highlight features of Budgyt include single data entry point, hyperlinked budget data, budget version, and multi-department formulas. Budgyt is a private internet company that was founded in 2013; it has its base in New York, USA, and currently has a workforce of 10 employees.

Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

Budgyt offers three license pricing options; Easy, Plus, And Pro.
  • Easy starts at $399 per month on annual billing and $478 monthly.
  • Plus starts at $699 per month on annual billing and $838 monthly.
  • Pro starts at $999 per month on annual billing and $1198 monthly.
Pro comes with up to 10 Departments, Unlimited Users, HR & Payroll Module, Excel Linking, User Permissions, Dimensions Feature, etc. Plus comes with everything in Easy plus Up to 25 Departments. Pro comes with everything in PLUS including Up to 50 Departments, 4 Hour Support Response Rate, and a Dedicated Success Manager.

ITQlick pricing score is 3 out of 10 (10 is most expensive). Access ITQlick pricing guide for Budgyt. You can also find here pricing information from Budgyt's website.

Pros

  • Budgyt is easy to set up
  • Users can import and export data to and from Microsoft GP
  • The software makes it easy for users to build budgets

Cons

  • The reporting features are lacking
  • Some users have experienced slowness within the reporting function of this software

How it stacks up?

Access a head to head analysis of Budgyt vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review
Compare
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
PlanGuru
ITQlick rating
4.2/5
Score
87/100
Pricing
2.8/10
License pricing
$99 per month
Functionality
22
Sage
ITQlick rating
4/5
Score
87/100
Pricing
2.4/10
License pricing
$45 per month
Functionality
4
Review

Frequently Asked Questions (FAQs)

Is it the best Budgeting & CPM system?

Budgyt is ranked 3 out of 51 software in their category (Budgeting & CPM systems).

How they are rated on ITQlick?

The rating of Budgyt is 4.9 stars out of 5 and the total score is 89 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Budgyt makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Budgyt can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Budgyt and alternatives?

The most popular alternatives to Budgyt in 2023: Workday Adaptive Planning, neubrain analytics, PlanGuru, Sage 100cloud, Vena. Access the complete competitors analysis here - Budgyt VS Budgeting & CPM Software alternatives.

Is Budgyt right for you or your business?

Budgyt is a good option for organizations looking for a budgeting platform that provides SMBs and large corporations with a single, secure platform to handle the complete budgeting process. Customers of the program include Oregon State University, Jewish Voice for Peace, Jefferson County, Ivey Mechanical, Evelyn & Walter HAAS JR Fund, Duclaw Brewing, Clara Analytics, M/I Homes, Luna Grill, Habitat for Humanity, etc.

List of categories

Budgeting & CPM
Financial reporting
Project Forecasting

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.