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Best Budgeting and Forecasting Software

Companies use budgeting and forecasting software to plan the financial resources they need to support their business activities in the future. This type of software helps companies estimate future revenues and expenses across multiple departments or business entities. Managers and executives use this type of software to create budgets and forecasts for each department. Accountants use budgeting and forecasting solutions to consolidate all departmental budgets to develop an overall company budget, which defines how funds will be allocated to each department. This type of software also empowers accountants to identify possible changes in revenues and expenses, which may impact the profitability of the company.

While most accounting products offer basic budgeting features, companies opt for budgeting and forecasting software when in need of advanced functionality. This type of software requires financial and operational information from tools such as accounting software and ERP systems. For advanced financial performance analytics, budgeting and forecasting software is integrated with corporate performance management software.

To qualify for inclusion in the Budgeting and Forecasting category, a product must:

  • Provide templates for different types of budgets
  • Allow users to create different versions of a budget
  • Maintain budgeting history and use it to develop forecasts
  • Compare revenues and expenses estimates with actuals
  • Consolidate budgets from several departments
  • Use what-if scenarios to forecast possible budget changes
  • Monitor the performance of budgeting processes
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Compare Budgeting and Forecasting Software
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    CalendarBudget is web-based online budget tool that runs in your browser or mobile device. It's calendar interface shows your financial activity on the day it actually happened and is designed to be easy to use and to allow you to both TRACK and PLAN your money in the past and future. No complicated system that takes weeks to get used to - just walk up and use!


    Longview makes performance software for the Now business realities. Hundreds of thousands of business leaders from Global 2000 companies, operating in more than two hundred countries, leverage Longview daily to make strategic and immediate business decisions based on Now business realities. Our performance management software drives the advantage of planning with critical insights into vast and disparate data points. Longview brings budgeting, forecasting, tax reporting, analytics and the financial close to its single platform for out of the box performance management.


    Float is a cash flow forecasting, budgeting and management tool that connects with Xero, Quickbooks Online and FreeAgent so give you an accurate view of your cash position now and in the future.



    PlanGuru is a tool for budgeting, forecasting, and performance review for small and mid-sized companies, it has a simple, intuitive interface and solid integration with Quickbooks and Excel make implementation and utilization simple for businesses of all sizes and shapes.


    Axis Planning provides cloud-based corporate performance management solutions for those who need to manage budgeting, forecasting, and overall planning.


    BudgetPak is a cloud based, purpose built solution for budgeting, forecasting and reporting. Developed for the unique needs of small and mid-sized businesses and institutions, BudgetPak engages end users, empowers finance managers and department heads to make more informed decisions and ultimately – enables organizations to achieve their strategic objectives. Purpose built: Functionality that Benefits… XLerant offers a full suite of integrated modules built into BudgetPak that ensure ease-of-use, a flexible budgeting process for department managers, tools developed specifically for the need of finance, and all with minimal to no IT intervention needed. In fact, XLerant was recognized in the 2015 BPM Pulse Survey as the “One to Watch” because of BudgetPak’s outstanding ease-of-use and customer service. Effortless Technology: BudgetPak is a cloud-based product that is hosted by a Tier-3 data center facility located in the United States and is accessed by users over the web. This eliminates all IT time, resource and equipment expense. Minimal Learning Curve – Maximum Customer Service: Implementation follows an industry-tested plan and takes 6 to 8 weeks from start to completion. Training for the Finance administrators enables easy maintenance of the application. End-users easily grasp the application within a 90 minute session.


    Budgyt is a cloud-based software solution that replaces clunky spreadsheets with a budgeting tool designed to create budgets faster, more accurately and more reliably.


    The CALUMO Group is a leading provider of Corporate Performance Management solutions for enterprise-wide Business Analytics, Reporting, Budgeting and Forecasting offering both software and consultancy. Since 2004, the group has successfully delivered solutions to a wide range of enterprises from not-for-profits and SME's to large listed companies and government organizations. These solutions provide quantifiable benefits and valuable business insights, offering a single platform from which to integrate Corporate, Financial and Operational performance results and objectives. Its flagship and award winning product, CALUMO, is a single unified application for Business Analysis, Operational Reporting, Statutory Reporting, Budgeting, Planning, and Forecasting. Offered either on-premises or in the cloud through Microsoft's Azure Cloud Computing Platform, CALUMO delivers business insight at the right time, to the right people, using tools with which they’re familiar through tight integrations with Microsoft Office, the web, and mobile devices. CALUMO has offices and operates data centers in both Australia and the United States sovereign territories. CALUMO Group is a Microsoft Gold Certified Partner in key competencies including Data Analytics, Cloud Platform, and Application Development.

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    Driver-based Budgeting and Rolling Forecast software Visual Cash Focus integrates budgeting, planning, forecasting, rolling forecasts, consolidation and financial reporting in a single tool. For small to large organisations Visual Cash Focus suits most industry types. The software is simple, easy, accurate and fast and removes the potential for errors inherent in spreadsheet budgeting solutions and is easy to implement.


    Budget Maestro is an easy-to-use, scalable budgeting, planning, and forecasting software application. It is designed for the small to mid-market enterprise that automates many of the time-consuming and error-prone activities associated with using spreadsheets to produce and accurate budget. It is the only solution in the market that offers synchronized P&L, Balance Sheet, and Cash Flow reporting. Better Data. Better Decisions: Formula-free technology Extensive built-in business & financial intelligence Integrated Income Statement, Balance Sheet and Cash flow reporting 100% accurate GAAP-compliant calculations Powerful what-if capabilities Automatic consolidation of multiple units, locations, products, etc. Fast, flexible reports and financial statements Full functionality with little to no IT involvement Greater ownership of financial performance by all managers Easily adapts to your structure and reporting requirements Wizards, menus, and drop down options guide you throughout the budgeting, planning and reporting process Visit us and learn more at www.centage.com

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    CloudBudget is a company that utilizes the Force dot com website to help businesses control their budgets.


    Corporate Planner is a flexible software program for corporate performance management which will easily adapt to suit the particular interests of a given company. It is known for its characteristic tree structure which clearly illustrates all the various interrelationships and thus provides the user with maximum transparency. Moving around in the tree structure instantly adjusts the business figures in tables and analyses. Corporate Planner - like all applications in the CP-Suite is designed to be managed and run by the business users. The application uses a SQL database to store and process data. However like all CP-Suite applications CP uses simple dialogue boxes knowledge of coding, and SQL is not a requirement of the users. Types of planning structures Corporate Planner is used for: Company P&L structures, by department and cost center Sales and Product planning by product, customer, channel etc Staff planning structures and many others


    Budget-management solution that provides real-time budgeting, helping you avoid overspending by understanding and even enforcing budgets before spend is committed.


    deFacto Planning empowers business managers throughout an organization to take full command of their company’s performance through real-time budgeting, forecasting, analysis and reporting across all functional areas, including finance, tax, sales, supply chain, operations, and others. Using a single, unified platform, business users within each functional area can build and maintain models of their specific business, then use those models as the basis for integrating their planning activities with all other functional areas across their company. The result is a fully synchronized, cross-enterprise planning capability that allows any business manager to make the best decisions and plans for their business area and the entire company.


    DynamicSimplicityTM - the all-in-one solution for cost effective, dynamic and simple CFO Intelligence


    FinanceSheets comes with pre-built templates so you can set up your Sales Plan and Expense Budget quickly and start scenario analysis.


    GIDE Financial Modelling offers business friendly collaborative modelling software for CFOs and their teams.


    Idu-Concept is a budgeting, forecasting, and reporting system for midsize to large businesses in a wide variety of industries. In addition to these functions, the system also helps companies track spend, manage their assets and equipment, and more. idu-Concept can be deployed in the cloud and paid as a monthly subscription, or purchased outright and installed on a local server, based on the preference and needs of each business. The Financial Reporting module aims to enhance visibility and provide full access to constantly updated, accurate data. The Revenue Reporting module allows users to comment on and analyze revenue data in real-time. It also helps calculate anticipated outcomes, predict risk, and report on past numbers. Alerts are automated and customizable, notifying users whenever new information is uploaded into the database, or a particular data set needs attention.


    Finally Get Control, Expedite, and Streamline the Microsoft Dynamics Fiscal Planning Process with Jet Budgets


    KES is a web-based, collaborative environment that gives budget administrators visibility and control over the budgeting, forecasting and re-forecasting process.


    Limelight is a budgeting, forecasting and reporting application that allows to upload spreadsheets and identify variances, uncover growth opportunities and optimize business performance.


    An integrated, web-based budgeting, planning, forecasting, consolidation, and reporting solution that makes it easy and affordable to eliminate error prone spreadsheets. With the flexibility to create complex business models and access data from multiple existing systems, Maxiplan achieves a single source of the truth accessible online, with version and workflow control, collaboration, real-time visibility into numbers, and improved ability to plan, drive and monitor better business performance.


    MRI Budgeting & Forecasting facilitates collaboration on budgets within a single environment, and provides you with deep insight generated by its lease-level detail.


    Oracle Planning and Budgeting Cloud is a complete planning, budgeting, and forecasting solution that enables organizations of any size to rapidly adopt world-class planning applications, improving forecast accuracy with minimal IT resources.


    Your business is evolving. Your systems should evolve too. Achieve your goals more successfully with Prophix’s innovative Corporate Performance Management (CPM) software. Improve profitability and minimize risk when you automate repetitive tasks and focus on what matters. Budget, plan, consolidate and report automatically. Whether in the cloud or on-premise, Prophix supports your future with a platform that flexes to suit your strategic realities, today and tomorrow.

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    Questica is the recognized leader in budget preparation & management software. Local governments, colleges, universities, K-12 schools, hospitals, healthcare facilities & non-profit organizations throughout North America have eliminated spreadsheets with our solutions. Questica Budget: multi-user operating, salary & capital budgeting and performance management. NEW: Questica Budget Book powered by CaseWare l OpenBook Project Explorer for Capital Budgets I Financial Statements module


    True Sky simplifies the budgeting and forecasting process for companies using Excel.


    Prevero, a Unit4 company, is a leading Corporate Performance Management (CPM) provider with over 4,000 customers in 30 countries and an active global partner network. We support the sustainable improvement of decision and controlling processes in companies of all sizes and from all industry sectors. Our solution, not only combines integrated P&L and balance sheet planning, but also multidimensional modelling, all in one product. Prevero offers leading businesses such as Arriva, Automic, Bizerba, Endemol, Fresenius Medical Care Deutschland, F.X Meiller, Hamburg Airport, Melitta, MVV Energie, SCHOTT, Swisscom, SV Group, Swiss Life and Villeroy & Boch a set of business applications for many different areas that can be implemented quickly. For example, integrated solutions for strategic and operative management and multi-project controlling, equally important is our input in strategy management, risk management and consolidation. For more information, visit: http://www.prevero.com/en/


    The Up Your Cash Flow XT-2 creates financial forecasts for small to mid-size businesses quickly and easily with more features than ever before. Accountants and consultants use this powerful software to provide management advice, secure financing, assist troubled businesses and offer other valuable services. CFOs, Controllers and financial managers use Up Your Cash Flow to make fast company budgets, manage cash flow and reach desired levels of profitability.


    Vantage Risk and Budgeting Manager from Fiserv helps you achieve your A/L management, planning, budgeting and reporting objectives with accurate data and flexible tools. Easy-to-use features substantially improve your productivity and decision making, while preserving your decision tools and technology investment.


    Vena Solutions redefines how medium and large sized companies manage their budgeting, planning and revenue forecasting. Vena combines a centralized database, sophisticated workflow, powerful reporting and advanced analytics with Excel to create a cloud-based corporate performance management (CPM) solution. The best companies in the world use Vena to get trusted numbers and insights fast. Vena is the fastest growing cloud CPM company and the only one to embrace – not replace – Excel.

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    Yardi Advanced Budgeting and Forecasting allows you to engage in highly effective planning processes by delivering budget projections with increased accuracy and the ability to make quick, accurate, flexible forecasts.