Budgeting is one of the most important elements of any successful business. It enables you to plan for future growth, manage cash flow and keep your finances in check.
But when it comes to budgeting, many businesses still rely on outdated methods such as manual spreadsheets or Excel sheets – an inefficient process that can be prone to errors and inaccuracies.
Fortunately, there is now a range of Business Budgeting Software tools available which can help make budget management easier and more efficient than ever before.
In this article, we’ll take a look at the best Business Budgeting Software options currently available on the market today.
From cloud-based solutions to enterprise planning platforms, these software tools have been designed with small businesses in mind and offer everything from automated expense tracking to detailed reporting capabilities.
So if you’re looking for a way to better manage your business’s budget then read on!
What is A Business Budgeting Software?
Business budgeting software is like a financial guardian angel! It provides key insights into budgeting and forecasting, giving businesses an edge in planning for success.
It’s easy to use yet powerful budgeting software solution that collects up-to-date financial data and displays the information in a simple user interface.
No need to mix accounting software with spreadsheets – budgeting software makes budgeting easier and more efficient.
Whether you are new to budgeting or an experienced budgeter, business budgeting software can help you create a realistic budget that reflects your financial objectives. Now that’s something to smile about!
What Are The Best Budgeting Software?
Best budgeting software overall
Josef's Pick
Say goodbye to financial headaches; QuickBooks is here to help! This leading small business budgeting software has become the go-to financial reporting tool for accountants worldwide.
From invoicing and payment tracking to financial plans and forecasts, this easy-to-use software gives businesses a reliable way to keep their finances in check. So kick back and take a deep breath – Quickbooks makes financial worries a worry of the past.
Price
- $15/mo
- $27.50/mo
- $42.50/mo
- $100/mo
Annual Discount
- 50% Off for 3 months
Promotion
- 60-day Money-Back
Features
- Tracking expenses
- Custom invoice templates
- Sending invoices
- Managing and paying bills
- Automatically download & categorize bank transactions
- Profit & Loss, Balance Sheet
Pricing
- Simple Start Plan: $15/mo
- Essentials Plan: $27.50/mo
- Plus Plan: $42.50/mo
- Advanced Plan: $100/mo
Pros
- Easy to use and learn
- Integrates well with other systems
- Provides good accounting reports
- Affordable price
- Easy to access from any device
- Easy to find and fix errors
- Good for small business
Cons
- Lack of key reports outside of accounting
- Instability/system crashes
- Lack of direct professional support
- Lacks invoice design tools
Josef's Pick
The business world is a complex web of operations, processes, and resources—and Scoro knows how to handle it all.
This business budgeting tool proudly offers you the convenience of managing your business in one platform, so that tracking cash flow and controlling expenses is easier than ever before.
And there’s more! Additional features such as customizing financial dashboards, monitoring project budgets, and keeping track of resources make Scoro the ultimate business management solution for companies worldwide.
Price
- $26/mo
- $37/mo
- $63/mo
Annual Discount
- 16% Off
Promotion
- 14 Days Free-Trial
Features
- Budget planning and forecasting
- Financial reports and analysis
- Unlimited project budgets
- Financial KPI dashboard
- Invoicing and professional services automation
- Automated revenue stream from invoices
Pricing
- Essentials Plan: $26/mo
- Standard Plan: $37/mo
- Pro Plan: $63/mo
Pros
- Easy to use and learn
- Easy to incorporate into the existing business structure
- The support is responsive and helpful.
- Advanced financing features
- Affordable price
- Easy to connect with any device
Cons
- Filtering is a bit difficult
- Marketing and CRM need improvements
Josef's Pick
Cube has made budgeting cool again with its powerful suite of budgeting tools and innovative budgeting process.
With streamlined workflows and quick calculations, you can budget like a pro in no time. From large-scale corporations to small businesses, Cube is the best budgeting platform for budget-savvy individuals who want to get the most out of their financials.
Join the cube revolution and take your budget forecasting to the next level.
Price
- $1.250/mo
- $2.450/mo
- $3.750/mo
Annual Discount
- Only Monthly Subscribtion
Promotion
- Refund After 7 Days From Purchase
Features
- Automated data consolidation.
- Multi-scenario analysis.
- Endless integrations.
- Customizable dashboards.
- Native Excel and Google Sheets integration.
- Multi-currency support.
- User-based controls.
- Centralized formulas and KPIs.
- Drilldown and audit trail.
Pricing
- Essentials Plan: $1.250/mo
- Premium Plan: $2.450/mo
- Enterprise Plan: $3.750/mo
Pros
- Easy to use and learn.
- Great customer service.
- Easily transfers from excel over to Google sheets.
- Easy to incorporate into the existing business structure.
- Advanced financing features.
Cons
- Expensive.
- A limited number of dimensions an organization can have.
Josef's Pick
When it comes to financial analysis and planning, Anaplan has all the bells and whistles.
This financial planning software calculates complex financial scenarios with ease while creating accurate forecasts and long-term strategies.
Businesses can become more agile and proactive in their budgeting with the help of this powerful business budget software.
Now they can confidently execute financial decisions without breaking a sweat – or breaking their budgets.
Price
- Upon Request.
Annual Discount
- Upon Request.
Promotion
- 90 Days Free Trial
Features
- By utilizing the central dashboard, you can easily create and link to multiple planning streams.
- Conducting professional financial analysis at a precise level.
- A powerful calculation engine, this solution can tackle even the most colossal and intricate jobs.
- Quickly and effortlessly adapt your models to the ever-changing business landscape.
Pricing
Anaplan offers a variety of customized pricing plans tailored to your business needs. Get in touch with the Anaplan sales team for an individual quote – they’d love to hear from you!
Pros
- Easy to use and learn.
- Phenomenal performance of multidimensional data structures
- Connecting and consolidating different group forecasts.
- Good support.
- In-person training.
Cons
- Clunky interfaces with source systems.
- Allowing more models to be real-time in one space.
Josef's Pick
With Centage, financial tools are no longer a puzzle – the software provides all the pieces you need to get your budgeting and forecasting in order.
Through a powerful suite of tools called Maestros, Centage can expertly manage financial data, reports, and other financial operations for any size of business.
So if you’re in need of some budget management insight, look no further than Centage – they have all the intelligence your organization needs!
Price
- Upon Request.
Annual Discount
- Upon Request.
Promotion
- 90 Days Free Trial
Features
- Budgeting and planning
- Forecasts
- Financial dashboard and reporting
- Comprehensive analytics
Pricing
Upon Request.
Pros
- Appealing interface.
- Very easy to use.
- Perfect for budgeting and forecasting.
- Flexibility in terms of creating scenarios.
- Solid training and support.
Cons
- This tool may not be the ideal choice for finance professionals who prefer to work with spreadsheets.
Josef's Pick
Freshbooks is your trusty financial sidekick for keeping on top of business finances and understanding the economic bigger picture.
Its accessible cloud-based platform has a user-friendly interface that quickly gives you an easy way to keep your books up to date, review expenses, create and update estimates and generate invoices without any hefty accountancy jargon to wade through.
Plus, you can rest assured that your numbers are secure with its big-league encryption! So whether you’re a sole trader or have a thriving empire, Freshbooks makes money management easy – so you can get back to conquering the world.
Price
- $1.20/mo
- $2.450/mo
- $3.750/mo
Annual Discount
- 10% Off
Promotion
- 30-Days Free Trial
Features
- ACH Payment Processing.
- Accounting.
- Accounts.
- Activity Dashboard.
- API.
- Accounting Integration.
- Activity Tracking.
Pricing
- Lite Plan: $1.20/mo
- Plus Plan: $2.20/mo
- Premium Plan: $4.50/mo
Pros
- Appealing interface.
- Very easy to use.
- It has a great set of templates.
- Affordable.
- Flexibility in terms of creating scenarios.
- Outstanding customer service.
Cons
- Lite to Premier is a bit confusing.
- The system needs improvements.
Josef's Pick
When it comes to budgeting and forecasting, Prophix is truly a wingman you can trust.
Used by thousands of companies across the globe, this software is designed to give you the insights and tools you need to make informed decisions – no lack of resources will keep you from achieving success!
Put those crystal balls away and fly higher with Prophix; the chief executive of your budgeting process.
Price
- Upon Request.
Annual Discount
- Upon Request.
Promotion
- Contact Them For Free Trial
Features
- Budgeting, planning, and forecasting
- Financial, statutory and management reporting
- Cash flow planning
- Profitability modeling and optimization
- Personnel planning
Pricing
Upon Request.
Pros
- flexible set up of cubes.
- Very easy
- Budgeting
- Reporting
- Forecasting.
- Affordable.
- Premium Consulting.
- Integration Services.
- Outstanding customer service.
Cons
- Lack of a centralized location for content.
- Format charts in dashboards.
Wrap up
No matter what type of business you operate, having a budget management system in place is essential for success. With so many great options to choose from, you should be able to find one that fits your organization’s needs and goals – whether it’s Anaplan, Centage, Freshbooks, or Prophix.
Each has its own unique features and benefits that make them the best choice for budgeting and forecasting. Take the time to explore which platform suits your company best – and get on track with your financial health!
