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Inexpensive Budget/Forecast Software

I have been using Adaptive for years, but can't afford it now. Looking for a budging software that can handle a basic software company (SaaS) and staff cost. I looked at Plan Guru, but don't like it. Any other thoughts? I will even take an excel based model. THANKS!

Answers

Anonymous
(Making Your Spreadsheets Even Better) |

Look at Budget Maestro or even Vena Solutions

Jordan Cullinane
Title: Senior Consultant
Company: CrossCountry Consulting
(Senior Consultant, CrossCountry Consulting) |

Host Analytics provides everything adaptive can at a much lower price point. Deployed from the cloud to reduce TCO. I would also look into OneStream which is another cloud option created by the founders of Hyperion.

Anonymous
(Consultant) |

Check out BudgetPak (www.xlerant.com), good value - lower price (and not Excel-based) - here's a few related strings: https://www.proformative.com/questions/recommendations-simple-cloud-based-budget-software
https://www.proformative.com/questions/which-budgeting-software-best

Topic Expert
Alan Hart
Title: Consultant
Company: Pacific Shine Group
(Consultant, Pacific Shine Group) |

I've been having great success with Budget Maestro with Analytics (www.centage.com) for over 12 years now. Not only is this software affordable (you can start with only one user), but it is designed to be implemented internally with minimal IT effort and hardly any outside consulting. It requires no user formulas, links or any other programming and best of all it will automatically generate a complete set of financials statements for every period of your budget plus an unlimited number of desired reports.

Think of this as an extension of your actual accounting system into future periods. Since you get an automatically generated forecasted Balance Sheet and Statement of Cash flows, in addition to the standard Income Statement, you can clearly see your cash balance fluctuations and requirements throughout the budget period, as well as any other element of the balance sheet. I personally use it to display future period financial ratios, see how much of the credit line can be utilized, if loan covenants will met and a lot more.

Another aspect of this software that I like is the tight integration to the actual G/L where you can analyze your actual data against budget almost in real time, or as soon as you close an accounting period. Depending on what G/L you have, you may even be able to drill back into actual transactions and analyze the root cause of certain variances and anomalies. I have not used this particular function and you'll need to check with the software publisher to see if it is available for your G/L.

Overall, I couldn't be happier with any other planning, budgeting and analytics software and I like their support and the fact that it is set up to be practical for everyday use and not just during budget preparation season, so you really get to benefit from it year-round.

Ron Dimon
Title: Director, Analytics + Information Manage..
Company: Deloitte
LinkedIn Profile
(Director, Analytics + Information Management, Deloitte) |

Take a look at www.Anaplan.com - built by the folks who built Adytum (which was later acquired by Cognos, then IBM). This is VERY easy to use and to build models on (or use a pre-built app) and has a powerful consolidation and calculation engine. It's a SaaS replacement for Excel + OLAP (multidimensional database) and is affordable.

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