Top 47 Budgeting & CPM Software

2022's Best 47 Budgeting & CPM Systems

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1. Workday Adaptive Planning

  • Best for: Small, medium and large size businesses
  • Price: starts at $15,000 per license
  • Nov 09, 2022
Compare Workday Adaptive Planning Vs. Workday Adaptive Planning

Workday Adaptive Planning software is a cloud-based, SaaS, Business planning solution that offers tools for forecasting, budgeting, and reporting. The software removes the need for new software or hardware for installation as it is offered through the Web as a Software-as-a-Service solution.


2. Neubrain

  • Best for: Medium and large size businesses
  • Price: starts at $10,000 per license
  • Mar 11, 2022
Compare Neubrain Vs. Workday Adaptive Planning

Neubrain is cloud-based budgeting and performance management solution which is designed for large and midsize enterprises as well as the government institutions. The primary features includes budgeting, financial consolidations forecast planning, and performance management among others.


3. Budgyt

  • Best for: SMBs
  • Price: starts at $399 per month
  • May 06, 2022
Compare Budgyt Vs. Workday Adaptive Planning

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.


4. Sage 100cloud

  • Best for: Small, medium and large size businesses
  • Price: starts at $45 per month
  • Jun 24, 2022
Compare Sage 100cloud Vs. Workday Adaptive Planning

Sage 100cloud is a cloud-based distribution Software that enables managers to keep track of financial records, as well as automating the detection of unrecorded transactions.


5. PlanGuru

  • Best for: Small businesses and start ups
  • Price: starts at $99 per month
  • Jun 07, 2022
Compare PlanGuru Vs. Workday Adaptive Planning

PlanGuru software is a cloud-based budgeting and business planning solution designed for small/medium organizations and nonprofits that can also be offered through an on-premise solution.


6. Vena

  • Best for: Small, medium and large size businesses
  • Price:
  • Jul 06, 2022
Compare Vena Vs. Workday Adaptive Planning

Vena Solutions is a Corporate Performance Management (CPM) software that helps corporate companies manage, organize, and support spreadsheet and spreadsheet based processes for consolidation, management, and reporting. The software can be used for financial budgeting, planning, and accounting proces...


7. Expensify expense management

  • Best for: Small, medium and large size businesses
  • Price: starts at $5 per user/month
  • Apr 25, 2022
Compare Expensify expense management Vs. Workday Adaptive Planning

Expensify is an expense management software that helps to automate the expense reporting process and receipt management.


8. Jedox

  • Best for: Small, medium and large size businesses
  • Price: starts at $160 per 5 users/month
  • May 22, 2022
Compare Jedox Vs. Workday Adaptive Planning

Jedox is a cloud-based accounting software that enables managers to carry out crucial operations such as forecasting, planning, and budgeting.


9. Planful

  • Best for: Small, medium and large size businesses
  • Price:
  • May 16, 2022
Compare Planful Vs. Workday Adaptive Planning

Host Analytics is a cloud-based CPM (Corporate Performance Management) suite. It is also called an EPM solution, with E meaning Enterprise. This product includes tools such as planning, close management, reporting and analytics. By using this software, companies can have one platform that integrates...


10. BudgetPak Software

  • Best for: SMBs
  • Price: starts at $10,000 per license
  • Jun 20, 2022
Compare BudgetPak Software Vs. Workday Adaptive Planning

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.


Pricing Guide - Budgeting & CPM Software:

Budgeting & CPM Software Products Price Range

Organizations of varying sizes would typically have to pay between $9 and more than $144 for base subscriptions of Budgeting & CPM software. Also, the software vendors might include some additional charges for features like asset planning, document versioning, and forecasting.

However, there are some open-source and free Budgeting and CPM Software available. For example, MoneyMinder has a free entry subscription and an upgraded “Pro” version, which costs $159 per year. MyGide Starter Kit is free with tiered upgrade options, and Cash Flow Frog offers free versions, with upgrades costing up to $45 a month.

  • Web-based Budgeting & CPM solutions typically cost between $12 and $1000 per month. For instance, Float Cash Flow Forecasting pricing goes for $69 a month, and JD Edwards EnterpriseOne costs up to $999 a month. Dryrun “Essentials” version costs $59 per month, while its “Advanced” version goes for $99 a month. Also, Poindexter “Basic” pricing plan begins at $12, going up to $38.
  • macOS users can expect to pay up to $20,000 for B/CPM service bundles. For context, Quantrix pricing costs $2,450 a year for its “Modeler” subscription, Jirav goes for $100 a month, and XLReporting for $199 per month. Also, Neubrain Budgeting has a one-time license fee of $10,000.
  • Windows-based CPM software has a price range of $30-$7000. ClearPoint Strategy costs $250 a month for its Basic subscription plan, Calumo pricing is around $30 a month, and Solver goes for up to $6,888 a year. Budgyt pricing also starts at $199 for its “Easy” model, $399 for its “Plus” model, and $699 for its “Pro” Model.
  • Small BusinessBudgeting and CPM software for small businesses have an average price range of $19-$260. For instance, Castaway costs around $133 a month, with a “Flexi” plan, which goes for $259 a month. A2X for Amazon goes for $19 a month, and ProjectionHub pricing sits around $25 a month.
  • Android platform CPM software that is deployable on the Android platform can cost up to $1000. FINSYNC base service goes for $45 per month, while Six Degrees Planning costs a one-time charge of $1000. Accounting Power goes for $120 a month ($1,195 a year), and Striven starts at $20 per user, with an additional $99 hosting charge per month.

11. True Sky

  • Best for: Small, medium and large size businesses
  • Price:
  • Jul 14, 2022
Compare True Sky Vs. Workday Adaptive Planning

True Sky is a cloud-based budgeting & CPM Software that enables managers to draw information for decision-making from a central data pool and determine approval flow throughout the hierarchy.


12. Dynasoft TeleFactura Telecom Billing

  • Best for: Small businesses and start ups
  • Price: starts at $82 per month
  • Jul 31, 2022
Compare Dynasoft TeleFactura Telecom Billing Vs. Workday Adaptive Planning

Dynasoft Telefactura Telecom Billing is a cloud-based budgeting & CPM software that enables managers to organize recurring voice, data, and other recurring billing and determine data caps in bytes.


13. Idu-Concept Software

  • Best for: SMBs
  • Price: starts at $50 per feature/month
  • Aug 15, 2022
Compare Idu-Concept Software Vs. Workday Adaptive Planning

IDU-Concept is a budgeting & CPM software designed to give businesses empowered financial management that cuts across budgeting, forecasting, and reporting.


14. A3 Modeling

  • Best for: Small, medium and large size businesses
  • Price: starts at $500 per user/month
  • Oct 01, 2022
Compare A3 Modeling Vs. Workday Adaptive Planning

A3 Modeling is an accounting and corporate performance management solution for your business. The software was designed by A3 Solutions headquartered in California, United States. It provides the important functionalities related to accounting, budgeting and forecasting areas of business. 


15. XLReporting

  • Best for: SMBs
  • Price: starts at $599 per month
  • Feb 02, 2022
Compare XLReporting Vs. Workday Adaptive Planning

XLReporting is a web-based software offering users with functionalities such as budgeting, reporting solutions, and financial consolidation that can be integrated with Excel. It is also possible to link this tool to several cloud storage and accounting systems.


16. Dryrun

  • Best for: Small businesses and start ups
  • Price: starts at $300 per user/month
  • Feb 12, 2022
Compare Dryrun Vs. Workday Adaptive Planning

Dryrun is a growing cloud-based Budgeting-Forecasting software, it is designed to support small and medium size business. Dryrun received a rating of 4.6 from ITQlick team. The software cost is considered affordable (1.4/5) when compared to alternative solutions.


17. Cash Forecaster

  • Best for: SMBs
  • Price: starts at $197 per license
  • Feb 26, 2022
Compare Cash Forecaster Vs. Workday Adaptive Planning

Cash Forecaster is a growing cloud-based Budgeting-Forecasting software, it is designed to support small and medium size business. Cash Forecaster received a rating of 4.6 from ITQlick team. The software cost is considered affordable (2.1/5) when compared to alternative solutions.


18. Gtmhub

  • Best for: Small, medium and large size businesses
  • Price: starts at $7 per user/month
  • Mar 01, 2022
Compare Gtmhub Vs. Workday Adaptive Planning

Gtmhub is a growing cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. Gtmhub received a rating of 5 from ITQlick team. The software cost is considered average (2.8/5) when compared to other solutions in their category.


19. Budget Cruncher

  • Best for: Small, medium and large size businesses
  • Price: starts at $10 per license
  • Feb 28, 2022
Compare Budget Cruncher Vs. Workday Adaptive Planning

The process of developing annual budgets or project budgets for businesses or non-profit organizations can be complex and expensive. The Budget Cruncher provides a tool that can take the pain out of both building a budget and monitoring performance against it. Best of all, the basic Budget Cruncher...


20. Whitebirch Planning

  • Best for: Medium and large size businesses
  • Price:
  • Oct 27, 2022
Compare Whitebirch Planning Vs. Workday Adaptive Planning

WhiteBirch Planning is a cloud-based and on-premise budgeting solution designed to offer strategic planning to various industries including higher education, project finance and local government and more.


21. OGsys

  • Best for: Small, medium and large size businesses
  • Price:
  • Mar 23, 2022
Compare OGsys Vs. Workday Adaptive Planning

OGsys is a trending cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. OGsys received a rating of 2.5 from ITQlick team. The software cost is considered affordable (1.9/5) when compared to alternative solutions.


22. Dataccuity

  • Best for: Small, medium and large size businesses
  • Price:
  • May 16, 2022
Compare Dataccuity Vs. Workday Adaptive Planning

Dataccuity is a cloud-based accounting software that is designed to help organizations and companies prepare financial reports via collation of useful data from different sources.


23. ABCosting

  • Best for: SMBs
  • Price:
  • May 27, 2022
Compare ABCosting Vs. Workday Adaptive Planning

MyABCM is a strategic cost and performance management solution for businesses of all sizes. It offers such services as profitability analysis, scenarios building, capacity analysis, and others. The software was designed and launched by MyABCM headquartered in Mexico.


24. Simcuro Timesheets

  • Best for: Small, medium and large size businesses
  • Price: starts at $95.71 per month
  • May 31, 2022
Compare Simcuro Timesheets Vs. Workday Adaptive Planning

Simcuro Timesheets is a leading cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. Simcuro Timesheets received a rating of 3.9 from ITQlick team. The software cost is considered affordable (1.9/5) when compared to alternative solutions.


25. Simple Home Budget

  • Best for: Small, medium and large size businesses
  • Price: starts at $29.95 per license
  • Nov 23, 2022
Compare Simple Home Budget Vs. Workday Adaptive Planning

Simple Home Budget is an easy to use software to help average Joes manage their finances. It was developed to help you see exactly where you are with respect to your personal finances so you can plan your expenses accordingly.   The software is a creation of ProperSoft, a small company based ...


26. Technology Financial Management

  • Best for: Medium and large size businesses
  • Price:
  • May 27, 2022
Compare Technology Financial Management Vs. Workday Adaptive Planning

Technology Financial Management is a growing cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. Technology Financial Management received a rating of 3.1 from ITQlick team. The software cost is considered affordable (1.9/5) when compared to alternat...


27. OPERA BPM

  • Best for: Medium and large size businesses
  • Price:
  • Nov 17, 2022
Compare OPERA BPM Vs. Workday Adaptive Planning

OPERA BPM is a growing cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. OPERA BPM received a rating of 3.4 from ITQlick team. The software cost is considered average (2.7/5) when compared to other solutions in their category.


28. 4CastPro

  • Best for: Medium and large size businesses
  • Price: starts at $63.24 per month
  • May 27, 2022
Compare 4CastPro Vs. Workday Adaptive Planning

4CastPro is a growing cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. 4CastPro received a rating of 3.1 from ITQlick team. The software cost is considered average (3/5) when compared to other solutions in their category.


29. Corporate Planner

  • Best for: Medium and large size businesses
  • Price: starts at $10,000 per license
  • May 27, 2022
Compare Corporate Planner Vs. Workday Adaptive Planning

Corporate Planner is a growing cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. Corporate Planner received a rating of 4.4 from ITQlick team. The software cost is considered average (3/5) when compared to other solutions in their category.


30. Profit Analyzer

  • Best for: Medium and large size businesses
  • Price:
  • May 27, 2022
Compare Profit Analyzer Vs. Workday Adaptive Planning

Profit Analyzer is a growing cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. Profit Analyzer received a rating of 4.7 from ITQlick team. The software cost is considered average (3/5) when compared to other solutions in their category.


31. BUDGET Plus

  • Best for: Medium and large size businesses
  • Price: starts at $1 per month
  • Nov 17, 2022
Compare BUDGET Plus Vs. Workday Adaptive Planning

Management Plus is a property management software that works with almost any accounting program to help users manage things more productively and efficiently. The affordable property management solution comes with built in automated process wizards and tax credit processing features. Users can add m...


32. Forecast and Budget Builder

  • Best for: Small, medium and large size businesses
  • Price: starts at $69 per license
  • May 27, 2022
Compare Forecast and Budget Builder Vs. Workday Adaptive Planning

Forecast and Budget Builder builds a 3 year business forecast with Sensitivity Analysis and a 12 month budget. It can be utilized for existing and proposed businesses. The Forecast and Budget Builder is a streamlined tool for developing a 3 year business forecast and a 12 month budget. It requires m...


33. CALUMO Planning & Forecasting

  • Best for: SMBs
  • Price: starts at $1,000 per month
  • May 27, 2022
Compare CALUMO Planning & Forecasting Vs. Workday Adaptive Planning

CALUMO software is an on-premise and cloud-based corporate performance management and business intelligence platform created specifically to serve finance teams and their clients. CALUMO offers tools for metrics and KPIs, financial forecasting, reporting and analysis, budgeting, and financial consol...


34. Calxa Premier

  • Best for: Medium and large size businesses
  • Price: starts at $69 per month
  • May 27, 2022
Compare Calxa Premier Vs. Workday Adaptive Planning

Calxa Premier is a trending cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. Calxa Premier received a rating of 3.5 from ITQlick team. The software cost is considered affordable (2.2/5) when compared to alternative solutions.


35. CashWhiz

  • Best for: Medium and large size businesses
  • Price:
  • May 27, 2022
Compare CashWhiz Vs. Workday Adaptive Planning

CashWhiz is a leading cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. CashWhiz received a rating of 4.8 from ITQlick team. The software cost is considered affordable (2.4/5) when compared to alternative solutions.


36. Business Budgeting Software

  • Best for: Medium and large size businesses
  • Price: starts at $79 per license
  • May 27, 2022
Compare Business Budgeting Software Vs. Workday Adaptive Planning

Business Budgeting Software is a fast growing cloud-based Budgeting-Forecasting software, it is designed to support medium and large size business. Business Budgeting Software received a rating of 4.3 from ITQlick team. The software cost is considered average (3.5/5) when compared to other solution...


37. Purchase Control

  • Best for: Small, medium and large size businesses
  • Price: starts at $14.99 per user/month
  • Nov 17, 2022
Compare Purchase Control Vs. Workday Adaptive Planning

Purchase Control is a growing cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. Purchase Control received a rating of 4 from ITQlick team. The software cost is considered average (3.3/5) when compared to other solutions in their category.


38. Mondelio

  • Best for: Medium and large size businesses
  • Price:
  • Jul 13, 2022
Compare Mondelio Vs. Workday Adaptive Planning

Mondelio is an integrated business planning and performance management solution for businesses of all sizes. It also offers automation of planning and business process reporting. The software was designed and launched by Mondelio Worldwide Pty Ltd headquartered in New Sydney, Australia.


39. OpenBooks

  • Best for: Small, medium and large size businesses
  • Price: Has a free version
  • May 30, 2022
Compare OpenBooks Vs. Workday Adaptive Planning

OpenBooks is a leading cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. OpenBooks received a rating of 4.8 from ITQlick team. The software cost is considered affordable (2.1/5) when compared to alternative solutions.


40. Visual Cash Focus

  • Best for: SMBs
  • Price: starts at $995 per license
  • Oct 30, 2019
Compare Visual Cash Focus Vs. Workday Adaptive Planning

Visual Cash Focus is an award-winning cloud-based Budgeting-Forecasting software, it is designed to support small and medium size business. Visual Cash Focus received a rating of 3.4 from ITQlick team. The software cost is considered affordable (2.4/5) when compared to alternative solutions.


41. RA-Pid

  • Best for: Small, medium and large size businesses
  • Price:
  • Nov 07, 2019
Compare RA-Pid Vs. Workday Adaptive Planning

RA-Pid is a trending cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. RA-Pid received a rating of 3.1 from ITQlick team. The software cost is considered affordable (2.2/5) when compared to alternative solutions.


42. Salesbox CRM

  • Best for: Start up, Small business, Medium business, Large business
  • Price: starts at $20 per user/month
  • Oct 06, 2019
Compare Salesbox CRM Vs. Workday Adaptive Planning

Salesbox CRM is a leading cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. Salesbox CRM received a rating of 4.3 from ITQlick team. The software cost is considered affordable (2.4/5) when compared to alternative solutions.


43. American Computer Software

  • Best for: Small, medium and large size businesses
  • Price:
  • Oct 20, 2019
Compare American Computer Software Vs. Workday Adaptive Planning

American Computer Software is a growing cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. American Computer Software received a rating of 4.9 from ITQlick team. The software cost is considered average (2.6/5) when compared to other solution...


44. BudgetGuide

  • Best for: Medium and large size businesses
  • Price:
  • Nov 16, 2019
Compare BudgetGuide Vs. Workday Adaptive Planning

BudgetGuide is an accounting, budgeting and finance management solution for small and medium businesses. Additionally, it offers workflow management and analytics tools. The software was designed and launched by Acteon Technologies headquartered in Massachusetts, United States.


45. PrevisionEPM

  • Best for: Medium and large size businesses
  • Price:
  • Nov 14, 2019
Compare PrevisionEPM Vs. Workday Adaptive Planning

PrevisionEPM is an enterprise-level performance management system that can help users to monitor key performance indicators for enhanced performance. The performance management solution can help managers and executives to find out all the hidden information that are hidden in disparate systems to ex...


46. Deltek GCS Budgeting & Planning

  • Best for: Small, medium and large size businesses
  • Price:
  • Oct 18, 2019
Compare Deltek GCS Budgeting & Planning Vs. Workday Adaptive Planning

Deltek GCS is a budgeting and planning software solution for your business. The software was designed and launched by Deltek, headquartered in Virginia, United States. It combines the project level and organizational financial matters and introduces accountability and consistency in the finance syst...


47. arcplan Edge

  • Best for: Start up, Small business, Medium business, Large business
  • Price:
  • Aug 25, 2019
Compare arcplan Edge Vs. Workday Adaptive Planning

arcplan Edge is a robust and centralized budgeting, planning, and forecasting (BP&F) solution for organizations of any size that seek to streamline processes and shorten budgeting cycles by 50% or more. It enables users to gain control of lengthy, spreadsheet-based budgeting processes, improve t...



A Buyer's Guide to Budgeting & CPM Solutions

Budgeting Software Buyer’s Guide
 
Budgeting, forecasting and reporting are essential finance-related activities in every organization. Budget management is being done both in the private and public sectors, and even on our personal finance. There are many factors that could affect budget allocation or appropriation – market drivers, economic activities, internal prioritization of projects, customer demand forecast, and even the political will of business leaders and executives is also accounted on that. From another angle, things around accounting and finance have dramatically changed over the past decades. From manual pen and paper, to manual spreadsheets, and today, here come the Budgeting Software products. Be it for business, government, or personal use, there is a right software solution if it’s about budgeting.
 
We from ITQlick.com have been a witness to these innovations in the world of financial management. We understand that the long-term survival of every business largely depends on its ability to establish a budget and operate within its boundaries. In this respect, we prepared this Buyer’s Guide for the acquisition of a budgeting software solution for we believe that every business deserves to be equipped with an intelligent financial planning tool. After reading this buyer’s guide, we are confident that you can single-out that solution that is just right for your current and future business environment.
 
Types
As we earlier introduced, budgeting software solution extends from personal, government and business use. This “user groups” can be considered as one of the categories of budgeting software solution. There is another category that when carefully examined can help you better in finding the more specific type of solution for your organization. Below are the types of software solution base on the “deployment model” category.
 
Web-based
This type of software solution is also known as the “online” version. Via the internet, your finance team can instantly access the tools for budgeting. Although there is security risk involve when using online solutions, many vendors have removed the consumer doubts by employing better security and protection features such as password protection and anti-identity theft measures. In addition to that, features such as banking, reporting, tax options, and personal investing are all present in most web-based solutions.
 
On-premise
Commonly called as “software”, on-premise solutions are those packages that require installation into your computer, or computer network depending on the number of designated users. This type of solution is also known for providing advanced functionalities and enterprise level features. Aside from basic budget planning, most packages basically offer business performance analysis, business intelligence, and integration capability with larger systems particularly Accounting and Financial systems. On-premise offers higher level of security compared to web-based types.
 
And we should not forget mentioning Software-as-a-Service (SaaS). This is the latest trend in web-based solutions and more and more companies are investing on this type these days. Industry-specific or “purpose-built” software solution, on the other hand, is another version of most on-premise solutions that is popularly used by businesses with unique budgeting requirements. These are businesses that belong to the vertical markets.
 
Features
In some industries, the terms “money software” and “budget management software” are predominantly used. Those are terminologies not to be confused about. What sets budgeting software solutions apart are the features they have and the selling proposition (which could have created those other terminologies) of different solution providers. Of higher importance when selecting the right solution is to go over the list of features and decide, with the help of your finance team or consultants, which of them is really needed by your business. From sophisticated down to basic, here are those features to check.
 
Key Features
  • Rolling/Driver-based Forecasting and Budgeting
  • Complete Management Capability including robust Workflow creation, Versioning and Audit-compliant mechanisms
  • Enterprise-class Online Analytical Processing (OLAP)
  • Business Intelligence tools
  • Multi-dimensional Reporting and Variance Analysis
  • Creation and Management of Planning Models
  • System Integration and Extension Functions
 
Common Features
  • Ease of Use
  • Security and Protection
  • Basic Reporting (Pie charts and line graphs)
  • Help and Maintenance Support
  • Support for Add-on Features  such personal investing, internet banking, tax options
  • Ability to Interface with Excel spreadsheet programs
  • Operating System (OS) Compatibility
 
Solutions per Business Size, per Vendor
Next to features and cost, the deciding factor for must buyers is often traced back on their concerns about the solution’s suitability to the size of their business. With the help of our software experts from ITQlick.com, here are then the lists of software solution vendors in the market today that are grouped according to size of businesses they serve. Use them as your starting point when searching for the right solution provider.
 
Small Business
For small business or start-up owners, if you’re looking for a basic budgeting solution with user-friendly interface and intuitive features, choice of online or desktop/software version, consider checking the vendors on this list.
  • Moneydance
  • Budgetpulse
  • Buxfer
  • ClearCheckbook
  • Moneystrands
  • Mvelopes
  • Pocketsmith
  • Yodlee
  • NeoBudget
  • Budget by Snowmint
 
Medium-size Business
This list of solutions features forecasting, planning, and budgeting. Growing businesses who are planning to choose SaaS-based solution should also consider reviewing this list in detail.
  • Quicken Starter Edition
  • AceMoney
  • Moneydance
  • BankTree
  • Simple Home
  • RichorPoor
  • iCash
  • BudgetExpress
  • PiggyBobpremium
  • You Need A Budget 4 (YNAB)
 
Large Enterprises
Integrated suites and Business Intelligence suites are best options for large businesses. These providers have proven track records in the budgeting software market.
  • Centage
  • Alight Planning
  • Adaptive Planning
  • Microsoft Forecaster,
  • IBM Cognos
  • Oracle Hyperion
  • Solver’s BI360
  • Axiom
  • BOARD
 
Pricing Considerations
Business executives cannot afford to loose their investments by not going into every detail and angle of the software solution that they are going to purchase. The money they will spend today, base on their existing budgeting tool, shall reflect positive outcomes on the software solution they are going to implement in the near future. If it’s about money, there are important matters that require the experience and expertise of people from finance or financial consulting firms. Your management team needs to sit with them and discuss the following.
 
Total Cost of Ownership (TCO)
TCO is equivalent to the summation of software cost, implementation, annual maintenance and support, and labor cost. Computing the TCO can be a laborious job and it is important that you discuss this with management consultants in the software business.
 
Capital Expenditure versus Operating Expenses
If your plan is to invest on perpetual software license which price ranges from $3,000 to $10,000 at the lower end of the market all the way up to $30,000 to $50,000 at the higher end, this will be charged against your CAPEX.  Going with monthly subscription which price is ranging from $100 to $1000 per month for small businesses going up to $5000 to $10,000 per month for mid-size businesses, this SaaS-based solution investment will be charged against your operating expenses. You have to analyze these figures carefully.
 
Profit and Loss Forecast (P&L), Return on Investment (ROI)
Subscription-based solutions, whether annually or monthly, must be computed against P&L as well as on ROI. Investment on software solutions has direct effects on the revenue and cost of running the business and so it must be dealt with accordingly.
 
Overall Organization’s Objective
More importantly, your management must assess the overall implication of this major investment to the entire organization. What would be the situation of the business three to five years after the implementation of the budgeting software solution? Your answer to this must be supported with fool-proof facts and figures.
 
Market Trends
Budgeting is a scrupulous process, indeed. As much as an organization can, budgeting should always be accurate. With budgeting software technology, this concern is halfway attended. Over the years, software technology has finally indentified the solution to the budgeting constraints felt by many organizations.
 
Traditional spreadsheets are still there but advanced performance management solutions are reported to lessen the time spent on budgeting – that is a significant 1-2 months budgeting time saved.
 
Mergers and acquisitions of leading solution providers in budgeting have been the trend over the last 3 years. The good news is that the main purpose of these events is to introduce better improvements on the existing solutions offered by the companies involve.
 
The impact of SaaS, being a low cost and easy to implement solution, is obviously felt by thousands of companies in the SME market.
 
Solution providers are not stopping in bringing better performing solutions to the market. It is indeed safe to say that a buyer like you can expect a lot more of positive trends in the budgeting software market in the coming months and years – an indication that buying the solution should more or less should happen at anytime from today.

ITQlick chart - 2022 best Budgeting & CPM Software

2022 best Budgeting & CPM Software | ITQlick.com
Finding the right Budgeting & CPM software for your business
Proper Budgeting & CPM software selections are the precursor to successful deployment and business growth. Finding the right Budgeting & CPM solutions doesnít have to be complicated, and it doesnít have to take days or weeks of your time.

After researching over 5,000 systems, we can identify the best solution for companies of all shapes and sizes. ITQlick.com is 100% free for software buyers.



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08 Sep

How to Find Supply Chain Software in 5 Easy Steps

Supply chain is integral to every business. It is the backbone of every industry. With a reliable software tool, there is less work to manage the supply chain, and you can enjoy better control over business processes and improved chain workflow. The tool helps in the better management of supplier re......


20 Apr

5 Differences Between Clarizen and Vorex Software

Project management is one of the most challenging tasks in a business. An efficient project management solution is designed to facilitate advanced task management, automation, scheduling, communication, resource allocation, budgeting, and task collaboration....


05 Nov

Compare Accounting Software for Nonprofit Organizations

From churches to local chambers of commerce to faith-based ministries, all nonprofit organizations need a solution to efficiently manage their day-to-day income and expenses. With fund shortage for managing administrative tasks and strict compliance requirements, it only gets harder. Fortunately, ac......


Author - 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.