Shlomi Lavi /
Jan 26, 2023
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Bottom Line: Which is Better - XLReporting or Budgyt?
Budgyt is more expensive to implement (TCO) than XLReporting, and Budgyt is rated higher (89/100) than XLReporting (80/100). XLReporting offers users more features (5) than Budgyt (0).
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:
XLReporting Vs. Budgyt
XLReporting: We are a small team of finance and IT experts, specialized in financial reporting and planning processes.
Lots of companies depend on complex and fragile Excel solutions for their reporting, consolidation, and budgeting. We help our clients to move away from that by providing them with powerful, flexible, and robust solutions.
We developed XLRep...
Budgyt: Budgeters will save 80 percent of the time and expense of building and managing multiple department project budgets compared to spreadsheets. Budgyt is a highly adaptable cloud based budgeting and financial reporting solution that is extremely user friendly for both financial and non financial savvy members of your team. Great for any business or ...
Who is more expensive? XLReporting or Budgyt?
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 XLReporting and Budgyt.
XLReporting price starts at $240 per month , On a scale between 1 to 10 XLReporting is rated 2, which is much lower than the average cost of Budgeting & CPM software. Budgyt price starts at $399 per month , When comparing Budgyt to its competitors, the software is rated 2 - much lower than the average Budgeting & CPM software cost.
Bottom line: XLReporting cost is around the same cost of Budgyt.
Which software includes more/better features?
We've compared XLReporting Vs. Budgyt based on some of the most important and required Budgeting & CPM features.
XLReporting: Version Control, Budgeting & Forecasting, Financial reporting, Capital Asset Planning, Forecasting.
Budgyt: We are still working to collect the list of features for Budgyt.
Target customer size
The typical clients utilizing XLReporting are those belonging to the small (with 10 – 100 employees) to medium-sized (with 100 to 1,000 employees) enterprises that make use of the services offered by the IT sector, data hosting and other related information services, particularly in the field of visual analytics and business intelligence. and Budgyt's target customer size include: SMBs.