Idu-Concept Software Review - why 4 stars?

Idu-Concept Software Review
ITQlick Score: 81/100
ITQlick Rating:
Pricing: 5/10 - average cost
Category: Budgeting & CPM -> Idu-Concept Software review
Ranking:Ranked 14 out of 51 Budgeting & CPM systems
Company: IDU
Pricing: starts at $50 per feature/month
Typical customers: SMBs
Platforms: Desktop
Links: Idu-Concept Software pricing, Idu-Concept Software alternatives
Shlomi LaviShlomi Lavi / updated: Aug 15, 2022

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What is Idu-Concept Software?

IDU-Concept is a budgeting & CPM software designed to give businesses empowered financial management that cuts across budgeting, forecasting, and reporting. The software provides real-time, online access to essential financial information across one business, and it can help improve financial awareness, accountability, and transparency across businesses.

Some of the key features of IDU-Concept are fixed asset management, financial modelling, sales planning & reporting, and budgeting & forecasting. The software is developed by IDU, a computer software company with a workforce of over 50 employees. The company was founded in 1997 and is headquartered in Cape Town, Western Cape, South Africa.

Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

The cost of license starts at $50 per feature/month. ITQlick pricing score is 5 out of 10 (10 is most expensive). Access ITQlick pricing guide for Idu-Concept Software. You can also find here pricing information from Idu-Concept Software's website.

Pros

  • IDU-Concept reduces the processes involved with budgeting as the software does not use any spreadsheets
  • Customer support team take in request to customize the program to suit one business
  • The functionality is detailed, especially in dealing with reporting & budgeting
  • Navigation is smooth and user friendly

Cons

  • User interface is a bit dated
  • Updating user access could be made simpler

How it stacks up?

Access a head to head analysis of Idu-Concept Software vs alternative software solutions.
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Idu-Conc...
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4/5
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81/100
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5/10
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$50 per feature/month
Functionality
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Sage
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2.4/10
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4
Review

Frequently Asked Questions (FAQs)

Is it the best Budgeting & CPM system?

Idu-Concept Software is ranked 14 out of 51 software in their category (Budgeting & CPM systems).

How they are rated on ITQlick?

The rating of Idu-Concept Software is 4 stars out of 5 and the total score is 81 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Idu-Concept Software makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently Idu-Concept Software can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Idu-Concept Software and alternatives?

The most popular alternatives to Idu-Concept Software in 2023: Workday Adaptive Planning, neubrain analytics, Budgyt, PlanGuru, Sage 100cloud. Access the complete competitors analysis here - Idu-Concept Software VS Budgeting & CPM Software alternatives.

Is Idu-Concept Software right for you or your business?

IDU-Concept is suitable for small and medium-sized business enterprises. The software can be deployed by financial managers, accountants, and teams across various industries, such as manufacturing companies, educational institutions, retail providers, and information technology & services company. Some notable users of the software are the University of Cape Town, FOOD Lovers Market, and Bsmart Cape Consumers.

List of categories

Budgeting & CPM
Financial reporting
Business performance management
Budgeting & CPM
Financial reporting
Business performance management
Dashboards & KPIs
Predictive analytics
Capital Program Management
Business Process Management (BPM)
Project Management
Project Budgeting

List of features

Dashboard
Version Control
Balance Sheet
Budgeting & Forecasting
Financial reporting
Predictive-Analysis
Project Management
Business performance management
Capital Asset Planning
Forecasting
Income Statements
Project Budgeting

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.