Centage Budget Maestro

Centage Budget Maestro

(12)
4.4 out of 5 stars

Centage Corporation provides easy-to-use, cost-effective budgeting and planning software solutions for small to medium sized businesses

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Centage Budget Maestro Reviews

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Showing 12 Centage Budget Maestro reviews
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Centage Budget Maestro review by <span>BJ T.</span>
BJ T.
Validated Reviewer
Verified Current User
Review Source

"From Zero to Budgeting Hero"

What do you like best?

Integration, collaboration, what if analysis, reporting . . . the list goes on. BM gives me the tools necessary to get the job done, fast & accurate. The integration of the tool allows me to keep in sync all budget changes with the GL. BM allows for multiple people at once to update budget figures and collaborate across the company. The built in "What If" tool creates fast accurate scenarios we can use when making critical decisions. Analytics Maestro brings the best of both worlds together by combining the reporting power of Excel and the database of information in BM.

What do you dislike?

BM has a built-in reporting tool, but I don't use it. It's another report tool I don't want to learn to use, and therefore I dislike it. Instead I use Analytics Maestro, which is more intuitive, and more powerful than most reporting tools out there.

Recommendations to others considering the product

Implementation is always a big unknown when looking at new software. BM was one of the best implementations I have ever been through. The BM Team was on top of what needed to occur and made sure they correctly heard and understood our needs. We started the process dangerously close to our budget season, but was ready to go on time, fully trained, and 2 years of prior data in the database for us to compare against. If you need a reliable budgeting & forecasting tool with a fantastic implementation team then Budget Maestro has what you need.

What business problems are you solving with the product? What benefits have you realized?

Speed & Accuracy, two words you don't associate with budgeting very often. With BM we are able to budget for a multi-million dollar company with multiple industry complexities in a way that we can rely on that data and not take forever to get it. We have cut our budget cycle time by over 50%, eliminated hours of data entry, and made our budgets and forecasts valuable to our company and stakeholders.

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Centage Budget Maestro review by <span>Dean J.</span>
Dean J.
Validated Reviewer
Review Source

"Excellent tool with great features"

What do you like best?

I like the reduction of our need for Excel spreadsheets. It has a better structure for data collection and processing. It's a Windows-based product that is easy to learn and use. We can quickly create multiple versions within a plan and what-if scenarios. We can quickly import actual data from our ERP system and take the actual, budget and forecasted data into Excel for custom financial reporting and analysis.

What do you dislike?

The current structure of sending an email to get on the support staff's calendar for a call is too slow for me. I prefer to call, get in the queue, and then get an answer immediately.

What business problems are you solving with the product? What benefits have you realized?

Budget Maestro really helps me make sure that my spread method is correct. Also, it is easy to use the data to create charts and graphs and make the financial data consumable to those budget owners that may not have a strong finance background.

What Corporate Performance Management (CPM) solution do you use?

Thanks for letting us know!
Centage Budget Maestro review by User in Consumer Services
User in Consumer Services
Validated Reviewer
Verified Current User
Review Source

"Budget Software to use"

What do you like best?

The layout - it is easy to just click your way around and find what you're looking for. I use it to track the delivery of projects and the associated maintenance that goes with them. Easy to enter new records and update as the delivery date changes.

What do you dislike?

At first we set it up incorrectly and did not take advantage of the user training that Budget Maestro offered.

Recommendations to others considering the product

Use the support they provide when setting up Budget Maestro for the 1st time. We did not and went 6-7 months setting it up incorrectly on our own. We used the in office support and was able to set it up within a short period of time correctly. Also use the conference calls for support once you have it set up and are using it to help you along the way

What business problems are you solving with the product? What benefits have you realized?

The use of very large excel files for budgeting as well as large files when reporting monthly to other business users. Also wanted to get in all of our headcount, project and contracts into one database instead of many different excel files.

Centage Budget Maestro review by Administrator
Administrator
Validated Reviewer
Verified Current User
Review Source

"Great Experience, very good support and flexibility in terms of training schedule. "

What do you like best?

I like the level of detail a budget can be created.I also like the fact that after the initial set up the time to update the budgets for the following years is very much reduced. I also like that we are able to see the actuals and use that information for next year budget.

What do you dislike?

I don't like the fact that not all the input information can be printed in a report form. I also don't like the fact that the information can be easily deleted without any warnings.

What business problems are you solving with the product? What benefits have you realized?

We are a business that has multiple entities and consolidation was a problem. We were using Excel before and if you are not the owner of the spreadsheet you may not know how the template works and make mistakes by changing formulas.

Centage Budget Maestro review by <span>Eric K.</span>
Eric K.
Validated Reviewer
Review Source

"Great Customer Service and Experience with the Product"

What do you like best?

Great customer experience. Our company uses an older version, but we still have the ability to create new dimensions for Post Audit Adjustments, pro forma reporting, and any other measure we decide we would like to compare against.

What do you dislike?

Limited capabilities on older version so we only had 6 dimension capability. This was creating a challenge for our organization as we have over 300,000 rows of data per year to slice and dice.

Recommendations to others considering the product

The cloud based demo appears to be a strong product for the end user.

What business problems are you solving with the product? What benefits have you realized?

We use the product for our Annual Budget process for over 60 branches. We also use the product for daily retrievals of actuals to compare against our Budget to help gauge the strength of our individual offices across the organization.

Centage Budget Maestro review by User
User
Validated Reviewer
Review Source

"Effective Budget Tool"

What do you like best?

We enjoy the ease of use and ability to organize a lot of complicated data in one system.

What do you dislike?

The system can be hard to navigate from screen to screen or instead of navigating to different screens it would be nice if more information was available pertaining the screen. I believe with the new BM release many of these concerns would be addressed.

Recommendations to others considering the product

If you are looking for a more sophisticated system which can combine the aspects of multiple excel spreadsheets into one software this will be the system for you. It is nice that they have great support when you need it and they are continually trying to update and improve the program.

What business problems are you solving with the product? What benefits have you realized?

We are getting a better handle and visibility of our budget by departments. We've been able to use reports from BM to hold monthly meetings helping to keep managers informed of their budget to actual performance throughout the year.

Centage Budget Maestro review by Administrator
Administrator
Validated Reviewer
Review Source

"Vice President of Finance"

What do you like best?

Budget Maestro is easy to implement and configure to your needs. You can also change or improve your budgeting and forecasting model as things change or you decide to get more granular with your budgets.

What do you dislike?

I can't really think of anything I dislike. We have the web based version so it is cumbersome at times to save files on the web server and then copy them down to our server for emailing and sharing internally but I think this is where most software is going.

What business problems are you solving with the product? What benefits have you realized?

Centage Budget Maestro has allowed us to build our budgets in more detail than in the past and therefore we are able to change certain variables to see what the impact will be. We also can easily re-forecast the year periodically without much effort, just adjusting for changes in hires/terms and adjusting the drivers as necessary.

Centage Budget Maestro review by <span>James N.</span>
James N.
Validated Reviewer
Verified Current User
Review Source

"Budget Maestro - a user's Experience"

What do you like best?

Software is logical to use and support excellent

What do you dislike?

would like a better module for asset financing

Recommendations to others considering the product

A good robust product that has the best support I have ever experienced from any software company

What business problems are you solving with the product? What benefits have you realized?

We have a robust budgeting and forecasting tool that is easy to update with an integrated balance sheet and cashflow that also allows us to automate financial reporting

Centage Budget Maestro review by <span>Henry A.</span>
Henry A.
Validated Reviewer
Verified Current User
Review Source

"Our experience with Budget Maestro"

What do you like best?

Budget Maestro really gives us control of the budgeting process and has actually help us move beyond budgeting and into longer range planning horizons with ease

What do you dislike?

Take a little getting used to but the support is excellent and will get you there !

Recommendations to others considering the product

Good Solution and an upgrade over excel based budget tools

What business problems are you solving with the product? What benefits have you realized?

We reduced the stress of the budget cycle and process and having a great tool helps build confidence in the planning process

Centage Budget Maestro review by Executive Sponsor in Non-Profit Organization Management
Executive Sponsor in Non-Profit Organization Management
Validated Reviewer
Verified Current User
Review Source

"Five Years of Budget Maestro"

What do you like best?

Personnel level budgeting including hourly rates, health insurance, workers comp categories, vacation plans, etc. allows extremely accurate assessments of the 'people' costs in our organization; these costs account for ~85% of our spend so accuracy in this category allows for a strong budget.

What do you dislike?

System is far from intuitive; long learning curve and a bit frustrating however once over the hump on the learning curve the system functions well.

Recommendations to others considering the product

Have a demo of the setup process

What business problems are you solving with the product? What benefits have you realized?

In combination with the Link and Analytics Maestro tools creation of detailed monthly variance analysis and reporting at department levels has been greatly eased allowing for better communication between finance and operational leadership.

Centage Budget Maestro review by <span>Julie W.</span>
Julie W.
Validated Reviewer
Review Source

"Instantanous Results for Quick Analysis"

What do you like best?

We have support departments allocate to our divisions and we use Budget Maestro allocations. Our support departments can do 'what if' scenarios and the division see the results immediately.

What do you dislike?

Our balance sheet and cash flow is too complicated to use Budget Maestro

What business problems are you solving with the product? What benefits have you realized?

Terms less that 30 days

Centage Budget Maestro review by Administrator
Administrator
Validated Reviewer
Verified Current User
Review Source

"Budget Maestro Review"

What do you like best?

The reporting tool is my favorite thing about Budget Maestro.

What do you dislike?

It's a little confusing to do the budgets. I would like it to be a little more straight forward and easier to figure out what needs to be done. The help isn't that great.

What business problems are you solving with the product? What benefits have you realized?

It makes the monthly reporting a lot easier and quicker.

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