Budgyt Features

Import trial balance, monthly P&L, balance sheets, and other types of financial data 70 reviewers of Budgyt have provided feedback on this feature.

As reported in 68 Budgyt reviews. Define budget structure elements and how they are linked hierarchically

As reported in 63 Budgyt reviews. Keeps track of all versions of a budget and allows users to compare versions

Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues This feature was mentioned in 67 Budgyt reviews.

Test the potential financial impact of business decisions on revenues and expenses This feature was mentioned in 58 Budgyt reviews.

Based on 69 Budgyt reviews. Users can customize standard budget periods (3, 9, or 12 months)

Consolidate multiple budgets from different departments or business entities 64 reviewers of Budgyt have provided feedback on this feature.

Based on 66 Budgyt reviews. Users with administrative access rights can modify budgets

Workflows are used to define the steps required to alter budgets and who needs to approve changes 57 reviewers of Budgyt have provided feedback on this feature.

As reported in 69 Budgyt reviews. Forecasting is based on past transactions and historical financial or operational data

Based on 64 Budgyt reviews. Ability to recreate forecasts to include new information that may impact budgets

Based on 59 Budgyt reviews. Support multiple types of forecasts such as balance sheet and cash flow forecasts

Used to review and update budgeting assumptions for a predefined period (usually one year) 60 reviewers of Budgyt have provided feedback on this feature.

Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns 36 reviewers of Budgyt have provided feedback on this feature.

As reported in 65 Budgyt reviews. Project out as the year progresses to accommodate trends that affect key business drivers.

As reported in 56 Budgyt reviews. compare Income Statement, Balance Sheet, and Cash Flow for multiple periods

As reported in 55 Budgyt reviews. Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data

Project out as the year progresses to accommodate trends that affect key business drivers.

Generate cash flow reports in order to see where money is coming in and where it's going

Compare Income Statement, Balance Sheet, and Cash Flow for multiple periods

Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data

As reported in 39 Budgyt reviews. Financial information can be imported from multiple sources such as spreadsheets, text files, or databases

Based on 36 Budgyt reviews. Data from multiple systems can be centralized into a single repository

Financial data can be validated to avoid duplicates and errors This feature was mentioned in 40 Budgyt reviews.

Administrators can define and manage the reporting structure and access rights to each report This feature was mentioned in 40 Budgyt reviews.

Templates that can be used to create new reports without starting from scratch 41 reviewers of Budgyt have provided feedback on this feature.

Provide multiple types of reports such as point-in-time or snapshot reports, year over year, or time to date This feature was mentioned in 40 Budgyt reviews.

Include most common financial KPIs such as gross and net profit margin, or working capital 34 reviewers of Budgyt have provided feedback on this feature.

Standard financial reports are provided out of the box 40 reviewers of Budgyt have provided feedback on this feature.

Based on 40 Budgyt reviews. Ability to analyze financial statements such as income statement and balance sheet

Users can drill down to the detail level of each transaction or financial entry This feature was mentioned in 40 Budgyt reviews.

As reported in 39 Budgyt reviews. Dashboards can be customized to display different types of data from various sources

Based on 31 Budgyt reviews. Users can modify standard financial KPIs and metrics

Allow users to edit reports and to combine multiple reports This feature was mentioned in 37 Budgyt reviews.

As reported in 39 Budgyt reviews. A dedicated portal for external users with limited access to the system

Monitors the financial performance of multiple entities This feature was mentioned in 24 Budgyt reviews.

Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.

Add one-time or recurring items to your cash flow and add line items for each payment or deposit.

Check your cash on hand at the beginning of each month and view each day incoming and outgoing funds.

Cash flow forecasting is based on past transactions and historical financial or operational data

Ability to recreate forecasts to include new information that may impact budgets

Support multiple types of forecasts such as balance sheet and cash flow forecasts

Used to review and update budgeting assumptions for a predefined period (usually one year)

Uses AI algorithms and models to predict future cash flow trends and outcomes, based on historical data and patterns

Automates the transfer of data between an organization's ERP system and its bank

Streamlines the exchange of information between internal systems

Automatically extracts data required for cash forecasting and liquity reporting

Restricts access to certain users within an organization, or provides access for third parties

Integrates with other financial software, such as Treasury Management, Budgeting & Foreasting, or Invoice Management software

Data from multiple systems can be centralized into a single repository

Financial information can be imported from multiple sources such as spreadsheets, text files, or databases

Match invoices, payments, and bank statement information

Provide multiple types of reports such as point-in-time snapshot reports, or year over year

Offers standard financial reports out of the box

Allows users to edit reports and to combine multiple reports

Creates workflows to assign tasks for audit and inspections, monitor work in progress, timelines, and approvals.

Adjusts journal entries in order to have an accurate balance sheet and income statement

Financial statements and statistical reports (such as KPI) can be assembled into financial packages

Capability to perform complex tasks without constant human input

Engages in human-like conversation for task delegation

Anticipates needs and offers suggestions without prompting

Makes informed choices based on available data and objectives

Works across multiple software systems or databases

Makes informed choices based on available data and objectives

Capability to perform complex tasks without constant human input

Uses AI to ensure the following of rules and creates detailed audit trails which helps compliance and audit preparation.

Uses AI to match transactions across accounts and systems, and flag exceptions and discrepencies.

Uses AI to extract, clean, and validate financial data from disparate sources, while identifying errors and inconsistencies.

Generates AI-assisted financial reports and provides thorough analytical insights.