Budget Maestro Vs. Idu-Concept Software: Which is better?
Shlomi Lavi / Nov 11, 2019
Looking for the right Budgeting & Forecasting solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:
Vendor comparison
Centage Corporation: Centage Corporation is the world leader in automated, budgeting and planning software solutions for small to medium-sized organizations. Since 2001, thousands of managers at all levels have utilized the Budget Maestro family of solutions to streamline their budgeting, forecasting, financial consolidation, performance analysis, and reporting processes.
IDU: Established in 1998, idu was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems. Our flagship product, idu-Concept, is specifically designed to overcome issues that get in the way of effective budgeting, forecasting and reporting. Budgeting processes use clumsy spreadsheets that slow down the process and leave plenty of room for error. Complexity of underlying systems combined with restricted access to those systems results in a lack of ownership by individual business units and managers.
Pricing/cost comparison
The real cost of Budgeting & Forecasting software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Budget Maestro TCO and Idu-Concept Software total cost to help with the total cost of ownership calculation.
Budget Maestro price Starting from $49 per month , on a scale between 1 to 10 Budget Maestro is rated 6, which is similar to the average cost of Budgeting & Forecasting software. Idu-Concept Software accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Budget Maestro is rated 6, which is similar to the average cost of Budgeting & Forecasting software.
Bottom line: Budget Maestro is more expensive than Idu-Concept Software.
Features and functionality
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Budget Maestro Vs. Idu-Concept Software based on some of the most important and required Budgeting & Forecasting features.
Budget Maestro: Accounts Payable, Accounts Receivable, Budgeting & Forecasting, Cash Flow, Credit Card Processing, Fixed-Assets, Multi-Currency, Sales Reporting, ..
Idu-Concept Software list of features include the following: We are still working to collect the list of features of Idu-Concept Software.
Target customer size
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. and Idu-Concept Software's target customer size include: Small business, Medium business.