Budgyt vs. Fathom by The Access Group

Budgyt is great for instant consolidation of a multi-department and multi-entity organization. It has strong hierarchy and roll-ups at various levels. User setup and security is straightforward, with ability to restrict data to only department heads over a project. Excellent capability in salary and benefit calculation, for instance down to each type of state and federal tax, and each type of employee health benefit with individual cost as specific as necessary. Strong export functionality.

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Report could be used in any industry but when it comes to functionality, it is more suitable businesses where there are not many division. I found it hard for Fathom to extract Xero tracking data and to represent it in the financials. If you would like to consolidate the financials, I also find it easy to do it via Fathom

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• budgeting: building annual budgets from the ground-up
• financial reporting: Budgyt includes a number of great options for navigating financial reports
• analysis (& reporting): the ease and flexibility of configuring and using data tools allow for detailed analysis, and numerous options for accessing data to enable effective analysis and reporting views

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• Consolidation and Eliminating Entries
• Easy to use dashboards
• Customizable Metrics and Targets
• Customizable Dashboard

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• The ability to remove %'s entirely from reports, instead of only partially removing %'s from a report.
• The formulas C2C and FOAs can be confusing to set up. I think more explanative data ---- hovering over question marks alongside cells you must complete as a suggestion --- in this module would be useful. These formulas work great once you trial & error your way into them operating. But we find their initial set-up a time commitment. We don't want to watch how-to videos each time we set them up. The hover/clarifications of what certain cells mean would be very helpful.

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• If you have multiple divisions within the business, reporting/budgeting by division are not as good as induvial reports.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

It is awesome, will never go back to the spreadsheet. Just paid for our second year. It does everything we need. Slick interface for data entry, easy to use and run reports with a few clicks to get what you want. great data comparison, flexible to be able to see monthly totals from prior year or other scenario when entering in the data sheet

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

We have not encountered any issues with Budgyt’s limitations, given the number of departments and the volume of data we pass to the tool. I have no reason to give it anything less than a 10; the only limitation so far is that we don’t have full API integration yet. Once that is finalized, we will be seamlessly integrated across all of our financial platforms and tools.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

Great dashboards and very easy to use.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

During my first year of working within the budget software, I had to go through some training while trying to meet deadlines for meetings. The team at Budgyt was very accommodating and made sure I was equipped with the knowledge that I needed to be successful

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I have not used customer support.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

We were fortunate to have the founder lead us through a video conference to teach our users how to use the system. Totally invaluable!

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

Other than Hyperion, which is in a different league and more suitable for much larger organizations, I would say that Budgyt compares very favorably. We moved from Great Plains to Sage Intacct, and evaluated their planning solution at the time of implementation. We were very underwhelmed by the management reporter tool that we used with GP, and budgeted with Excel prior to moving to Sage. We began looking at several other products alongside Budgyt & Sage's solution, but were so impressed by Budgyt that at its price point it was a no-brainer. We liked Sage's tools plenty, but felt that Budgyt could do more and cost less, so opted to go this route despite the lack of direct integration.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

We also used Spotlight reporting before we tried out Fathom and we found Fathom much easier to navigate and Xero integration, consolidation are very strong feature of the product. Spotlight reporting is similar to Fathom however, Fathom is more flexible, there are better visual reports and grafts and we found it easier to customize the reports templates. You can also share the reports with multiple group of people online.

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Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

The ability to budget at multiple organizational levels is central to Budgyt's design. These levels can be regions or product lines or departments, which are all easily rolled up to a consolidated organizational view. Reporting back against these levels is also built-in to the system.

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• It has been a huge time saving for us when trying to forecast for changing personnel and contractors
• It has also created a portal that department managers can use to drill down on their costs without risk they will see information they shouldn't
• We have also used it to replace manual management reports created on spreadsheets and this has also saved a significant amount of time.

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Invited by the Vendor

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• it saved us few hours a month to prepare consolidated reports.
• it made is easy to understand the financials with visuals
• Integration with Xero also made it much accurate

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info