Budgyt vs. Reach Reporting

Budgyt is great for instant consolidation of a multi-department and multi-entity organization. It has strong hierarchy and roll-ups at various levels. User setup and security is straightforward, with ability to restrict data to only department heads over a project. Excellent capability in salary and benefit calculation, for instance down to each type of state and federal tax, and each type of employee health benefit with individual cost as specific as necessary. Strong export functionality.

Incentivized

• Combining departments (components of an entity or a component of various entity's income statement) or isolating departments (small slivers) of an entity's income statement. We can look at specific departments of specific entities together, with ease.
• Splicing / flipping reports into countless formats. Helpful for users of the financial statements that digest data/numbers differently than the financial accountants who prepare the numbers.
• It is relatively easy to import data from our Jonas accounting program into Budgyt.
• We've had prompt customer service when we've encountered issues and they were readily available during implementation.

Incentivized

• Inside setting up HR forumlas, it should give more than one filter criteria.
• Application got slow after putting the information of HR module and formuals, need to speed up.
• Selection of multiple companies with different GLs can be an option where it is lacking.
• Didn't see the multicurrency feature, can be a good add on.

Incentivized

Our organization has increased our level of financial reporting and decreased the time it takes to build a budget with the Budgyt platform. Because our budget managers have access, it allows them a higher level of ownership for their areas.

Incredibly easy to use and intuitive. Design is simple without lacking functionality. Limited learning curve makes it very easy to set up and start using, and with little practice it becomes incredibly easy to perform routine tasks, including monthly update of actual data, running and analyzing reports, as well as building budgets, forecasts, and 'what-if' scenarios

Incentivized

James the founder always replies to my emails in a timely manner, even if overseas. Has not passed me on to a customer service support team member. Rob was great with the initial demos as explored the product to see if it was what we wanted. Online documentation and videos are very good

Incentivized

We were fortunate to have the founder lead us through a video conference to teach our users how to use the system. Totally invaluable!

Incentivized

We selected Budgyt over other options because it is exceptionally easy to use, perfectly meeting all our budget management needs. Its user-friendly interface, robust functionality, and cost efficiency enabled seamless multi-department integration. Budgyt delivered the performance and financial insights we required at a fraction of the cost, ensuring maximum value.

Incentivized

The ability to budget at multiple organizational levels is central to Budgyt's design. These levels can be regions or product lines or departments, which are all easily rolled up to a consolidated organizational view. Reporting back against these levels is also built-in to the system.

Incentivized

• time savings: cannot overstate how impactful Budgyt has been relative to our former excel-based, manually-intensive budget process
• financial insights: Budgyt is an incredible tool for putting financial data at users' fingertips, in formats and with details presented in a way that adds value to non-finance users and enables data-driven operational decision making

Incentivized