Idu-Concept Software Review - why 4 stars?

Idu-Concept Software Review
ITQlick Score: 81/100
ITQlick Rating: (4/5)
Pricing: 5/10 - average cost
Category: Budgeting & CPM -> Idu-Concept Software
Ranking:Ranked 13 out of 50 Budgeting & CPM systems
Company: IDU
Pricing: starts at $50 per user/month
Typical customers: SMBs
Platforms: Desktop
Links: Idu-Concept Software pricing, Idu-Concept Software alternatives

Shlomi LaviShlomi Lavi / updated: Jan 18, 2021

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

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.

What is Idu-Concept Software rating? ()

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

Who are Idu-Concept Software's typical customers?

The typical customers include the following business size: SMBs.

Is Idu-Concept Software the best Budgeting & CPM?

Idu-Concept Software is ranked 13 out of 50 software in their category (Budgeting & CPM systems).

What are Idu-Concept Software's pros? (4 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

What are Idu-Concept Software's cons? (2 cons)

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

Who are their main alternatives?

Popular alternatives to Idu-Concept Software: Adaptive Insights, Neubrain, Budgyt, PlanGuru, Sage 100cloud, Vena, Expensify expense management, Planful, Jedox, BudgetPak Software. The full list of competitors can be found here.

What is the cost of Idu-Concept Software?

The cost of license starts at $50 per user/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 5 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Idu-Concept Software

What should you ask IDU during a demo session? (65 questions)

Schedule a demo with Idu-Concept Software and access 65 must ask questions for the vendor while watching Idu-Concept Software in action.

Is it the right software for you?

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.

Idu-Concept Software's 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

Idu-Concept Software's 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

Idu-Concept Software Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, 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
Review
Compare
Idu-Concept
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
81/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5/10
License pricing license pricing (if provided by the software vendor)
$50 per user/month
Functionality
26
Compare
Adaptive
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
94/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
8/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
28
Neubrain
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
92/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
17
Budgyt
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
89/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$199 per month
Functionality
3
Review
PlanGuru
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
87/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.8/10
License pricing license pricing (if provided by the software vendor)
$99 per month
Functionality
22
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.