Compare BudgetPak and True Sky - Jul 2022

Shlomi LaviShlomi Lavi / Jul 14, 2022

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Bottom Line: Which is Better - BudgetPak or True Sky?

BudgetPak is more expensive to implement (TCO) than True Sky, and BudgetPak is rated higher (83/100) than True Sky (82/100). True Sky offers users more features (9) than BudgetPak (5).

Looking for the right Budgeting & CPM solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

XLerant, Inc Vs. True Sky

XLerant, Inc: XLerant, Inc. provides a cloud-based budgeting, forecasting and reporting solution for small to mid-sized organizations — designed for the needs of finance teams and budget managers. XLerant's non-Excel interface engages budget managers and empowers them to make informed decisions to help achieve strategic objectives. XLerant's powerful software-as...

True Sky: True Sky CPM software simplifies the budgeting and forecasting process by providing real-time access to information, increased process control, tight security and great accuracy, helping the CFO: Align strategies and priorities Meet financial targets Adjust rapidly to market changes Avoid surprises Today, True Sky is helping companies cut th...

Who is more expensive? BudgetPak or True Sky?

The real total cost of ownership (TCO) of Budgeting & CPM software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for BudgetPak and True Sky.

BudgetPak price starts at $10,000 per license , On a scale between 1 to 10 BudgetPak Software is rated 6, which is similar to the average cost of Budgeting & CPM software. True Sky accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 BudgetPak Software is rated 6, which is similar to the average cost of Budgeting & CPM software.

Bottom line: BudgetPak is more expensive than True Sky.

Which software includes more/better features?

We've compared BudgetPak Vs. True Sky based on some of the most important and required Budgeting & CPM features.

BudgetPak: Version Control, Budgeting & Forecasting, Project Budgeting, Capital Asset Planning, Profit / Loss Statement.

True Sky: Version Control, Project Budgeting, "What If" Scenarios, Capital Asset Planning, Forecasting.

Target customer size

BudgetPak's typical customers include: SMBs, and True Sky's target customer size include: Small, medium and large size businesses.



BudgetPak

ITQlick rating
(4.7/5)

starts at $10,000 per license

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.

Categories: Accounting & Finance, Budgeting & CPM, Capital Program Management, Project Budgeting.

True Sky

ITQlick rating
(2.8/5)

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.

Categories: Budgeting & CPM, Financial consolidation, Capital Program Management, General Contractor, Project Forecasting.

Compare specifications

Compare features

BudgetPak: 5 Features

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

True Sky: 9 Features

Version Control
Project Budgeting
"What If" Scenarios
Capital Asset Planning
Forecasting
Income Statements
Multi-Department / Project
Profit / Loss Statement
Budgeting & CPM
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
BudgetPa...
ITQlick rating
4.7/5
Score
83/100
Pricing
7.8/10
License pricing
$10,000 per license
Functionality
10
Compare
True Sky
ITQlick rating
2.8/5
Score
82/100
Pricing
2.6/10
License pricing
Pricing not available
Functionality
14
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
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

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.