Who Uses This Software?

Mid-sized organizations with multiple (10+), non-financial end-users. Ideal for higher education, non-profit, faith-based, associations, and business services (real estate, insurance, technology).


Average Ratings

21 Reviews

  • 5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $10,000.00/year
  • Pricing Details
    Price includes all budgeting/reporting modules. Fixed price implementation.
  • Free Demo
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • XLerant
  • www.xlerant.com
  • Founded 2005
  • United States

About BudgetPak

Ideal for mid-sized organizations with decentralized or distributed budgeting. Designed to engage multiple (10+), non-financial end-users with an easy-to-use cloud-based, budgeting, forecasting and reporting solution. A perfect fit for finance teams who need to increase accountability, accuracy and align the budget to the strategic plan. Recognized highest in overall customer satisfaction, our powerful SaaS solution also ranked highest for ease of use, quick implementation and excellent support.


BudgetPak Features

  • "What If" Scenarios
  • Balance Sheet
  • Capital Asset Planning
  • Cash Management
  • Consolidation / Roll-Up
  • Forecasting
  • General Ledger
  • Income Statements
  • Multi-Company
  • Multi-Department / Project
  • Profit / Loss Statement
  • Project Budgeting
  • Run Rate Tracking
  • Version Control

BudgetPak Reviews Recently Reviewed!


Cathy's review

Oct 05, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: BudgetPak is a cloud based software, user friendly and easy to use for the non-financial user.

Cons: As Administrators, when you make changes in your company configuration, the Validation and Initialization process can take at least 1 hour or more to run. While this is happening, no other end users are able to see or work on their budgets since system is under maintenance.

Overall: We are a large property/casualty insurance company with 23 departments. Departments are more aware of what they are spending and are looking for ways to control their costs. End users have spoken very highly and favorably of the product. They are fully engaged and more accountable with their own budgets and feel more involved in the overall budgeting process for the company.

Incredibly useful for establishing dynamic & inclusive ("bottom up" budgeting process

Feb 16, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: End user experience is easy and intuitive. I especially love the ability to establish monthly budgets which provides a much greater probability for accurate year-end forecasts. The numerous ad hoc reports and MyExcel features are also dynamic and incredibly useful.

Cons: While Xlerant offers wonderful and ready customer service, we still found the installation process very time consuming and quite challenging. Also, you need a person dedicated to the continued administration of this software.

Overall: Inclusive budgeting process and much enhanced ability to forecast and deliver needed reports.

BudgetPak is easy to implement and is very user friendly.

Jul 09, 2009
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: In 2008 our Company (at one of the Operating Group Headquarters location) was looking for a budgeting software tool to replace our Excel workbooks to prepare our annual budget and forecast. After considering 6 different budgeting software packages BudgetPak was the clear winner for the ease of implementation, but more importantly, how user friendly it is. You are not required to be a finance person to use it. During the initial demonstration I had various internal users (VP, Director, Manager) participate in addition to myself who is a Finance person with lots of software experience. I wanted my internal users to feel comfortable with BudgetPak and not to be intimidated. It was also their feedback that made the decision easy to select BudgetPak. For the features, performance, and robustness I am getting for BudgetPak and the price to implement and maintain it BudgetPak has the edge over its competitor.

Cons: The vanilla canned reports that came with BudgetPak are good, but I would like to see more custom reports or more ways for me to build custom reports. I plan to work with BudgetPak to enhance reports in future version releases.

Overall: Get rid of those Excel workbooks and macros you currently use for budgeting. BudgetPak makes it easy to budget and forecast for any users. We went through a realign of our HQ office in early 2009. BudgetPak made it easy to make those changes quickly and consolidation was a snap with great audit trails.

XLerant provides a fantastic software that has greatly improved our budgeting process.

Feb 20, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: The customer support. Any time there is a question or concern, the XLerant team quickly responds and assists. When there were areas that the software seemed to be lacking, the support team would troubleshoot and came up with working solutions that improved the software greatly.

Cons: From an administrator standpoint, the software is complicated. It has taken me a bit of time to learn all the options within it. In a way, this is a very positive thing as the system has many features useful to different clients. The only issue is that it becomes difficult to train new system administrators and to know that our institution is using the system to it's full effect.

Focused on the Budget Owner

Oct 04, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: BudgetPak was built with the end user (Budget Holder) in mind. The budget process is a simple step by step process made so that "non-finance" people can easily put their annual plan together. Then, as the finance team, you can use that data to run forecasts and long term projections as often as you need. There are also easy Excel integrations for the finance team to use to pull data or upload data directly to the cloud database.

Cons: I haven't used the software for very long, but I am concerned about the "refresh" or initialization times. But it isn't something that would've pushed me away from the product per se as most other options I saw would require the same thing.

Overall: Working with the XLerant team has been great. They were very patient with us in the decision process and have been very helpful in getting set up as well. Great team.

BudgetPak

Oct 04, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: We have been able to keep all data in a centralized place and not in Excel. The ease of use for our end users.

Cons: The standard reporting available. We have employed the Excel add-on to facilitate in what we need.

Overall: BudgetPak has made our process more collaborative. It has centralized all the data in one place with easy access.

Meeting Goals with BudgetPak

Feb 20, 2014
4/5
Overall

4 / 5
Ease of Use

4 / 5
Customer Support

Comments: The College takes a bottom up approach to developing the annual budget. Budget Managers are expected to develop a plan that establishes their Strategic Planning Goals and Objectives for the department that is linked to the College's plan then determine the expenses (and for some departments) revenue associated with achieving their plan. Excel and paper worksheets were unable to satisfy this basic requirement or our other long term goals of monthly budget details, periodic forecasting updates, and 5-year planning. BudgetPak has allowed us to document the line item requests and link them to department plans as well as establishing monthly budgets by line item. Budget Managers were surprised and delighted by the ease with which they were able to create, document and review their budgets as well as run reports which quickly compared their newest requests to prior budget or actual periods. The executives and I now spend our time making decisions based on quickly summarized data which is fully owned and supported by the Budget Managers.

Budgetpak is a powerful and easy to use budgeting tool

Jul 16, 2009
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: Real-time rollups, version control, auditability, integrated headcount and capital budgeting. Simple and straightforward from an end-user standpoint, but the real benefit will be to your company's finance team responsible for the overall budgeting process. Easy to configure to your company's needs and powerful in that it always enables you to know where your end-users are in their process and provide real-time updates and snapshots to senior management.

Cons: On-the-fly configuration changes often require a system "reinitialization" which requires the software be taken offline for a short period of time. Can be done off-hours, but in an international company with users all over the world, this can be inconvenient.

Overall: Strongly recommended. Provides us the functionality we require, coupled with a user experience that requires virtaully no training. A very solid product.

User friendly budgeting

Jul 09, 2009
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: BudgetPak is an easy to use, robust budgeting tool for organizations.

*Budget users love it

*Provides transparent payroll budgeting for the budgeting manager

*Security provides different levels of access for users

*Organization wide reports are easy to produce

*Excellent visibility of comparative data - both budgets and actuals

*Ability to spread budget based on several easy to use methodologies

Cons: Wish they made more software products!

Overall: This is an excellent product. We compared several budgeting software packages before selecting BudgetPak. We have 40 cost centers and almost 100 users. This software has made our budget process more transparent & more efficient. We could not be happier.

BudgetPak is robust AND easy to use

Jul 09, 2009
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: Even users challenged to use Excel understand BudgetPak

Very easy from IT's perspective to install, maintain, and load updates

Great for what-if scenarios

Robust headcount management

Multiple ways to budget - by month, by headcount, by monthly spreading, by percent increase or decrease, etc.

Very useful and intuitive reporting

Smooth interfaces to external sources and our GL system

Cons: BudgetPak is unavailable when Accounting performs maintenance. Not any real problems!

Overall: Very useful for all sizes of organizations. We examined all of the top Gartner-recommended products, and this was by far the easiest for our staff to understand and be proficient with.

Outstanding Product!!

Jul 09, 2009
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: BudgetPak is amazing, our organization with over 50 centers and 275 employees finds it "user friendly" and very intuitive. The reporting is versatile and exportable. The tech support area is prompt, helpful and answers even the smallest of questions with courtesy and professionalism. All tuitorials are detailed with screenshots and great directions. One of the best software purchases!!!

Cons: Nothing comes to mind - any problems we have encountered have been dealt with promptly with detailed instructions.

Overall: Excellent product - you will not regret the purchase.

Bunker Hill Review

Feb 13, 2012
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: Ease of use

Intuitive approach

More accurate budgeting

More efficient process

Improved communication

Easy access to previous versions

More accountability from managers

Minimal internal IT resources needed (personnel)

Excellent customer service

Cons: I have nothing negative to say about this product.

Overall: I would recopmmend this product over any other product that claims to manage and develop the budget process. There is no comparison out there and this is hands down the best purchase I have made in my 11 years as Budget Director.

Addison Group Review

Dec 20, 2013
5/5
Overall

4 / 5
Ease of Use

5 / 5
Customer Support

Comments: Creating spreadsheet budgets is not the best use of our finance team's time, but until we found BudgetPak, it was necessary. Our team was able to master the budget set-up tools in BudgetPak with very little training and with the XLerant product in place, we can now spend time focusing on higher value tasks. What we love about XLerant is it gives our managers the tools to transform their department-specific knowledge into a budget they can understand and own.

BudgetPak Review

Jan 30, 2012
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: BudgetPak is an easy to implement, easy to use budgeting software. Department managers with little budgeting experience are walked through the budgeting process step by step, in a manner similar to Turbo Tax.

Cons: Minor issues with headcount changes

Overall: I recommend BudgetPak as an affordable, easy to use replacement of Excel oriented budgeting.

Massachusetts School of Professional Psychology

Apr 10, 2014
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Comments: We wanted a system that not only could provide us with control over the budgeting process, but a system that could help us with forecasting the bottom line at the end of the year. Not only did BudgetPak meet those needs, we can now create a forecast in a few hours instead of a few days using Excel spreadsheets.

Very pleasant

Apr 30, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The software fits our company's need. The client service (Team) is very responsive. The communication portal (basecamp) is very convenient.

Cons: The software BudgetPak is constantly upgraded with new functions and advanced reports, which well satisfies our company's need for budgeting.

Overall: BudgetPak meets our company's need for budgeting purposes.

Love that BudgetPak

Jul 15, 2009
5/5
Overall

5 / 5
Ease of Use

5 / 5
Customer Support

Pros: We used a customized Access approach in the past that was terribly cumbersome and counter-intuitive. BudgetPak is just the opposite. This is our second year with it. I loved it from the start and still do.

Cons: No cons to report

Overall: I'm a user so I don't know about the back end, but the front end is great.

BudgetPak is a great tool and the customer service and support is outstanding

Sep 19, 2016
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: The training video the BudgetPak staff provided for us was great and we had another successful budget cycle with BudgetPak! Once again we got great feedback from our users on the ease of use of the system.

General Administrator

Jul 16, 2009
4/5
Overall

3 / 5
Ease of Use

5 / 5
Customer Support

Pros: Ease of use for users. More visibility for department heads which leads to better decision making

Cons: Limitations in forecast mode. A little complicated for administrator. Lacks instructional manual for administrator.

Overall: Very good budgeting tool

Capterra loader

Great Software for nonexcel users

Oct 03, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Our end users have most liked that this software does not look like excel. It is user friendly. The ability to quickly and easily roll up the budgets will be a huge time saver.

Cons: The software does not yet accommodate balance sheet budgeting.

Overall: The staff has been very helpful, understanding and responsive. They have found solutions for any situation we have brought to their attention, or have taken the suggestions to make future enhancements.

BudgetPak Beginner

Oct 03, 2018
4/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: The choice of menus allows users to work with whatever best fits them.

Cons: Terms unique to this software are not translated to the new user. If you are not the one who set up the software, the terms are undefined.

Overall: I am attempting to have our College use BudgetPak in the place of budgeting with jut Excel.