Buxfer Review - why 4.8 stars?

• Sync: The Sync feature on Buxfer helps users see all their accounts, balances, and transactions in one central point while synchronizing new transactions and keeping the account balances updated across the board.
• Insights: Buxfer helps users understand where their money goes with powerful tools like automated and manual tagging systems, rules, along with top movers and timelines for monitoring income deviations.
• Budget: Buxfer helps users prepare budgets and cut spending, allowing them to create budgets based on envelope budgeting, set spending limits for each tag, receive alerts when spending limits are exceeded, and monitor spending on the go.
• Forecast: The Forecast tool helps users estimate their future account balances, income, and spending based on past spendings, upcoming transactions, budgets, and reminders.
• Retirement Planner: With the Retirement Planner, users can create financial plans towards achieving long-term goals like retirement, leveraging the forecast tool for proper planning and investing.

• Buxfer is fairly easy to use and supports flexibility
• The platform supports synchronization with over 20,000 banks
• Buxfer has a forecasting tool that is generally helpful for its users

• The budgeting functionality options are somewhat limited on Buxfer
• The platform is slightly more expensive than most of its top alternatives

• Cloud/On-premise: Buxfer is a fully web-based money management software solution. In comparison, the top alternatives of Buxfer are cloud-based software, also deployable on desktop and mobile apps.
• Cost: Buxfer pricing starts at $3.99 per month, billed annually, and no free trial or free version is available. In comparison, Quicken pricing starts at $31.19 per year, Spendee pricing starts at $14.99 per year, Moneydance pricing starts at $49.99 per lifetime license, and Mint does not disclose its pricing details. Spendee and Mint have a free version available.
• Customers/Industries: Buxfer is a money management tool for regular people, workers, professionals, business owners, freelancers, etc. In comparison, all top alternatives of Buxfer target similar customers and industries like regular people, entrepreneurs, etc.
• Functionality: Buxfer comes with tools and features common to online money managers like mobile apps, budgeting, accounts sync, etc. Compared to its top alternatives, Buxfer does not have features for property management like Quicken and shared wallets like Spendee. Also, the Forecast feature on Buxfer is not available on any of its top alternatives.
Popularity: Buxfer was founded in 2007 and has tracked over 28 billion dollars in more than 150 countries. In comparison, Mint has over 30 million users, and over 17 million people use Quicken to manage their finances.
• Scalability: Buxfer is a personal finance tool and is scalable for all kinds of users regardless of transaction volume. In comparison, all top alternatives of Buxfer are equally scalable software and can handle personal finance needs or business finance needs.
• Support: Users of the Buxfer platform access support through a knowledge base and an FAQ section. Compared to its top alternatives, Buxfer does not offer support through phone, live chat, and community as Quicken does. Also, Mint offers chat support, and Spendee offers support through the email channel, which is unavailable on Buxfer.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 3.2 out of 10 (10 is most expensive). You can fine here the REAL total cost breakdown for Buxfer. You can also find here pricing information from Buxfer's website.