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  • 1.  Budgeting tool

    Posted Oct 13, 2015 07:01 PM

    We use Excel for budgeting, and we are looking for better tool. Any recommendations? Why do you like what you're using?

    Thank you in advance for your advice.

    Waymand Wu
    Senior Accountant
    Land Title and Survey Authority of BC

  • 2.  RE: Budgeting tool

    Posted Oct 14, 2015 09:14 AM

    I would consider DeFacto Global BI Solutions (deFacto Global | Business Management Software | Corporate Performance Management | CPM) or BI360 from Solver (Comparison of Budgeting Tools for Dynamics GP). Both are strong products that offer great solutions for budgeting and they both offer some BI level reporting opportunities.

    Rebecca Redman
    PANDORA Jewelry LLC
    Columbia MD

  • 3.  RE: Budgeting tool

    Posted Oct 14, 2015 10:31 AM


    After researching a number of different applications a few years ago we chose PROPHIX - has the Excel look and feel for the end user but is really locked down.  Extremely happy.  Uses workflow to track budget entry. We have data connectors to GP payables which allosw us to drill down to GP and compare actuals to budget for variance reconciliation.  Vendor is very reliable.  

    Carol Schwartz
    Principal Application Systems Analyst
    Progenics Pharmaceuticals
    Tarrytown NY

  • 4.  RE: Budgeting tool

    Posted Oct 15, 2015 08:27 AM


    We also looked at a number of packages and settled on Prophix.  It is a very complete solution from budgeting to financial reporting to consolidations/currency conversion to dashboards.  Budgeting includes a detail planning module for things like budgeting at the employee or fixed asset level.  The flexibility and breadth of features stood out.  Some of the features, such as off-line data entry in Excel and report binders which will generate and distribute a group of reports in a single pdf package, can help make the pricing very attractive.  Others, such as alternate hierarchies and unique combinations, provide the flexibility to view the data the way you want it.

    Matthew Pello
    Dir of IS
    AmeriQuest Business Services
    Cherry Hill NJ

  • 5.  RE: Budgeting tool

    Posted Oct 15, 2015 08:27 AM

    I'd suggest looking at Solver BI360 --- can be used for both reporting and budgeting.  If you are looking for a true "cash" based budgeting, Centage Budget Maestro is the best I've seen for that.

    Michael Gummel
    Prod Engineer
    Paradigm Technology Consulting, LLC
    Allentown NJ

  • 6.  RE: Budgeting tool

    Posted Oct 20, 2015 06:20 PM

    I would take the time and review TrueSky Powerful Corporate Performance Management Software - True Sky

    We reviewed the ones mentioned and quickly chose TrueSky for its analytics strengths as well as integration with GP and our other solutions such as SalesForce.

    True Sky | remove preview
    Powerful Corporate Performance Management Software - True Sky
    True Sky was founded by a team of CPAs and subject matter experts who specialized in deploying financial systems. The goal was to take years of collective business experience to develop a solution to simplify the budgeting process and help CFOs: Align strategies and priorities Meet financial targets Adjust rapidly to market changes Avoid surprises The result was True Sky.
    View this on True Sky | >
    Kerry Draper
    Business Analysts
    Taos Mountain, Inc.
    Boise ID

  • 7.  RE: Budgeting tool

    Posted Oct 21, 2015 01:09 PM

    I would also look into Dynamic Budgets created by GPUG All Star Zubin Gidwani.  We aren't using this yet, but will likely be making the move from Forecaster/Excel to Dynamic Budgets next year.  I would NOT recommend Forecaster.  We knew support was ending for Forecaster, but thought it would be worth it anyway because it was included with GP.  Too many things (particularly some allocation formulas) don't "roll over" from one year to the next and have to be recreated or copied.  

    Kathy Kim
    Director of Finance
    Donor Network of Arizona
    Phoenix AZ

  • 8.  RE: Budgeting tool

    Posted Aug 03, 2022 08:05 AM

    There are many different types of budgeting apps available on the market today, so it is important to do some research before deciding which one is right for you. Some people prefer simple apps that allow them to input their income and expenses manually, while others may want more advanced features like syncing with their bank accounts or tracking their investments automatically.

    MoolahMore Software
    MoolahMore Cash Flow Forecasting

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