Forecast and Budget Builder Review - why 4.7 stars?
Compare PricingITQlick Score: | 62/100 |
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ITQlick Rating: |
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Pricing: | 6.8/10 - high cost |
Category: | Budgeting & CPM -> Forecast and Budget Builder review |
Ranking: | Ranked 39 out of 51 Budgeting & CPM systems |
Company: | Bizpep |
Pricing: | starts at $69 per license |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop |
Links: | Forecast and Budget Builder pricing, Forecast and Budget Builder alternatives |
Shlomi Lavi / updated: May 27, 2022
The Bizpep Group is a team made of software developers that build very simple tools to target specific tasks run on a computer. The group has released a number of business and web development solutions in the market hoping to serve a small niche of business owners.
Forecast and Budget Builder was developed to just facilitates Excel processes. It would be a good fit for users who already use the Excel program but are looking for faster and automated ways of forecasting and budgeting.
With this tool, you should get a fair picture of what to expect in the near future with some level of accuracy.
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Table of Contents
What is Forecast and Budget Builder?
Forecast and Budget Builder is an accounting and billing software released in 2010 by the Bizpep Group. It was developed to help people quickly build a 3 year business forecast in just a few clicks without having to be an expert in finance. The software also offers Sensitivity Analysis and budgeting for 12 months.The Bizpep Group is a team made of software developers that build very simple tools to target specific tasks run on a computer. The group has released a number of business and web development solutions in the market hoping to serve a small niche of business owners.
Who is it best for?
Forecast and Budget Builder was designed for the average Joe. It is for starters who just own very small businesses and are not so technically inclined when it comes to planning and budgeting. The software can be used by businesses made of less than 5 people who want to look 3 years into the future and get a fair idea of what could have been achieved by then.Forecast and Budget Builder was developed to just facilitates Excel processes. It would be a good fit for users who already use the Excel program but are looking for faster and automated ways of forecasting and budgeting.
Main features and functionalities
The software can help you streamline the process of developing a 12 month budget. It can also simplify the process of developing a 3 year business forecast. Forecast and Budget Builder requires minimal input to be able to generate forecast. Once a forecast is generated, you can then build a 12 month master budget. That budget can then be refined with respect to what you are trying to achieve.With this tool, you should get a fair picture of what to expect in the near future with some level of accuracy.
What is the actual cost?
The cost of license starts at $69 per license. ITQlick pricing score is 6.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Forecast and Budget Builder. You can also find here pricing information from Forecast and Budget Builder's website.Pros
- Only requires minimal input to generate a business forecast
- Much more affordable than most other accounting software
- Easily imports data from Microsoft Excel spreadsheet
- Offers possibility to refine budget to achieve specific goals
- Sensitivity Analysis and Budget appear in tabular and graphical form
Cons
- Only available in the English language
- The software is restricted to basic functions and that may be seen as a limitation
- Only available on Microsoft Windows; not Linux or Mac compatible
- No video tutorials available on how to use it
How it stacks up?
Access a head to head analysis of Forecast and Budget Builder vs alternative software solutions. ITQlick rating
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Frequently Asked Questions (FAQs)
List of categories
Budgeting & CPM
List of features
Capital budget
Cash flow/cash budget
Expenditure budget
Marketing budget
Production budget
Project Budgeting
Revenue budget
Sales budget
Auditor - Shlomi Lavi
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.