Topic: General Posts

Subject: Budgeting Software
Fred Braley
Member: 1999
Posts:4
Submitted on 12-04-12 1:14 pm
Message:
I am looking for recommendations for budgeting software for a small company ($20 million in sales). Ideally uploads and downloads are easy with Excel. Currently we are using Excel for our budgeting and interested in knowing whether there is anything out there that would save us some time vs Excel.

Thanks,

Fred Braley
fbraley@verizon.net
 
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Replies
Dennis Conroy
Member: 2013
Posts: 7

Subject: Re:Budgeting Software

Submitted on 06-02-13 5:17 pm.
Message:
Fred

I am in a similar situation - did you get any recommendations? I would love to move my budget process out of excel. What are you using at this point?
 
Mark Shearer
Member: 2010
Posts: 2

Subject: Re:Budgeting Software

Submitted on 06-03-13 6:29 pm.
Message:
Try PlanGuru
 
Mark Shearer
Member: 2010
Posts: 2

Subject: Re:Budgeting Software

Submitted on 06-03-13 6:30 pm.
Message:
PlanGuru
 
Fred Braley
Member: 1999
Posts: 4

Subject: Re:Budgeting Software

Submitted on 06-03-13 8:57 pm.
Message:
Dennis,

I ended up using PlanGuru. I was concerned about budgeting in Excel because we have 18 departments and wanted something where I would not have to worry all the time that I am off a line or one of the formulas was changed by mistake. PlanGuru has some nice features but it is clunky. You can download from Excel but you have to do one department at a time. Each department has to be a separate analysis so in order to record actual data I have to download into 18 different files or what they call analysis. Having said that you don't have to worry about whether the download contains any new accounts and throw off the download. The reports PlanGuru has to offer are limited. I bought the reporting add-in for Excel and it makes reporting much easier and much more flexible. It is a nice tie in to have the balance sheet and income statement automatically produce a cash flow statement. The balance sheet has some nice features that make it easier to budget.

Hope that helps.

Fred
 
Brian DiSanto
Member: 2008
Posts: 2

Subject: Re:Budgeting Software

Submitted on 06-04-13 11:12 am.
Message:
Good morning,

My organization uses strata jazz for our operating budgeting and forecasting. We also looked at Adaptive Planning and their tool.
The strata system is web based and very flexible. The tech support has been good...turn around times have been quick.
The pricing is scalable with the amount of service as well as the number of years you would use the tool.

Getting away from excel was the first big step toward metric and analytical based reporting here.
Good luck with your decision.

Thank you
Brian
 
Dennis Hynson
Member: 2013
Posts: 1

Subject: Re:Budgeting Software

Submitted on 06-05-13 10:00 pm.
Message:
Take a look at Adaptive Planning. Cloud based software that is relatively inexpensive, and very customizable, but with data integrity controls. Can be deployed with consulting (fee extra) in as little as 1-2 two weeks depending on complexity of budget model. Ask for Nick Saita for the consulting work. He is great.
 
Rich Dreasher
Member: 2012
Posts: 3

Subject: Re:Budgeting Software

Submitted on 06-07-13 2:46 pm.
Message:
Some ideas -

Hostanalytics is a proud FENG sponsor with hosted and resident planning s/w solutions

Axiom EPM is a Portland-based s/w that uses Excel-like functionality to deliver planning tools

BI306 if you want to interface with Microsoft Dynamics G/L

Hyperion if you are on Oracle
 
Michael Bud
Michael Bud
Member: 2007
Posts: 30

Subject: Re:Budgeting Software

Submitted on 10-05-15 2:21 am.
Message:

Has the software changed much in the past few years since this post was first published?  I know software often moves at the speed of light.

 
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