Budgyt vs XLReporting
Budgyt
budgyt.com
XLReporting
xlreporting.comSide by side
| Figure | Budgyt | XLReporting |
|---|---|---|
| Price from | $399/mo | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| Linux | — | Yes |
| API | Yes | — |
| Plans published | 1 | 0 |
| Spec score · Financial Forecasting Software | 8.3 (#9) | 7.3 (#48) |
| Access controls | Budgyt lists role-based user management, scenario management, activity logs, and audit trails among its administrative features. | Security controls listed include user roles and permissions, multifactor authentication, single sign-on, and logging of user and administrator actions. |
| Company history | Budgyt says it was founded in 2013 by James McCoy, who is identified as its CEO and founder. | The company says it was founded in 2009 and is based in Utrecht. |
| Data imports | Users can import general ledger actuals through accounting connections or by Excel and CSV files. | It imports data from finance systems, files, cloud storage, databases, and API-connected systems, with 40+ connectors available. |
| Founded | 2013 | 2009 |
| Intended users | Budgyt is designed for finance teams and supports collaboration by department heads, program leads, and other budget contributors. | The company describes its team as finance experts specializing in financial reporting, consolidation, and budgeting, and says its solution is for finance professionals. |
| Reporting | Budgyt provides budget-versus-actual reporting, standard and custom dashboards, and board-ready visualizations. | Users can create reports and models without IT expertise and choose from 30 visualization types. |
| Security | Budgyt says it is hosted on AWS, offers Google, Azure, or Okta SSO and multi-factor authentication, and uses customer-isolated databases. | XLReporting states it is GDPR compliant and ISO 27001:2022 certified. |
| Support | Every plan includes a dedicated Customer Success Manager, same-day support, and a knowledge base of articles and videos. | All plans include email support and access to the support center and knowledge base; Enterprise plans include direct access to experts for setup help. |
Plans
In their own words
Budgyt
Budgyt is a cloud budgeting platform for finance teams building budgets, analyzing actual-versus-budget results, and reforecasting. Department heads, program leads, and other contributors can collaborate through unlimited scenarios and multi-year forecasts reaching ten years. Models can include cash flow, forecasted balance sheets, salaries, benefits, and personnel allocations. Reporting provides budget-versus-actual views, standard and custom dashboards, and board-ready visualizations. General-ledger actuals can arrive through accounting connections or Excel and CSV files. Budgyt lists approval workflows, rolling forecasts, multi-entity budgeting, and accounting integrations. Administrative controls include role-based user management, scenario management, activity logs, and audit trails. The AWS-hosted service offers Google, Azure, or Okta SSO, multifactor authentication, customer-isolated databases, a monitored web application firewall, and protected DNS. Every plan includes a Customer Success Manager, same-day support, and a knowledge base. A no-cost pilot rebuilds a customer spreadsheet for review. The Nonprofit plan is $399 a month, billed annually, with unlimited users and setup and training fees.
XLReporting
XLReporting is a cloud planning and reporting platform for finance professionals, with tools for consolidation, reporting, and forecasting. It creates interactive financial and management reports, dashboards, and drilldown views. Teams can build budgets and forecasts with multiple versions, approval workflows, automated consolidation, rolling forecasts, and scenario modeling. Data can come from finance systems, files, cloud storage, databases, and API-connected systems; more than 40 connectors are available. Named finance integrations include Xero, QuickBooks, Exact Online, Twinfield, Visma, and Sage. Plans include 20 standard reports, with extra reports available for purchase; report runs and users are unlimited. It works in a browser on desktop, tablet, and mobile, and supports Windows, macOS, and Linux computers. Pricing starts at €530/mo, with a 14-day free trial and no free plan. XLReporting says it is GDPR compliant and ISO 27001:2022 certified, with EU data centers, encryption, daily backups, and 99.9% uptime.