Effective budgeting is crucial not only to help you allocate resources but also to monitor your financial health and plan for growth.
However, with numerous options available, choosing the best budgeting software tailored to your specific needs can be overwhelming.
We’ve handpicked the 10 best business budgeting software, highlighting their key features so you can make an informed decision.
Let’s dive in!
What is Business Budgeting Software?
The budgeting software helps you create, manage, and analyze your business’s financial budgets.
It streamlines the budgeting process and enables you to:
- Plan asset allocation,
- Track cash inflows and outflows, and
- Evaluate financial performance for better decision-making.
What Features to Look For in Budgeting Sofware?
When selecting budgeting software, you should consider several key features to enhance financial management and ensure the tool meets your needs.
1. Expense Tracking — Allows you to monitor spending across various categories, providing insights into financial habits for better budget allocation.
2. Financial Projections — You can input income and predict future expenses based on historical data to prepare for both expected and unexpected costs.
3. Integration Capabilities — Enables syncing with existing financial systems like accounting or payroll software allowing seamless data transfer and real-time updates.
4. Custom Reporting — Lets you generate tailored reports that compare actual spending against budgeted amounts.
5. Automated Alerts — Provide notifications to help you avoid overspending and highlight any unusual transactions that may require attention.
6. User-Friendly Interface — Offer an intuitive interface, making it accessible for various levels of financial expertise.
10 Best Business Budgeting Software to Keep Your Eyes On
Let’s check the highlights of our top picks of business budgeting software.
1. Puls Project
Puls Project is an all-in-one financial solution that provides solutions to the 3 most common financial issues:
- Cash flow management
- Insufficient cash
- Lack of a centralized financial platform for all the bank accounts and companies.
Key Features:
✨ Cash Flow Planner Tools
They simplify financial management, helping you make business decisions relying on accurate and reliable data.
- Track balances and spending across accounts and companies with Puls, all within a single app.
- Improve your credit limit by planning your finances. The more you use Puls for financial planning, the better we can grasp your business requirements.
- As a result, your credit limit will automatically rise based on consistent tracking of your income and costs.
- Steer clear of mistakes from old spreadsheets or manual input by using accurate and real-time data that we sync multiple times a day.
- Handle your financial tasks without jumping between multiple banking platforms.
- Enter your typical monthly expenses just once, and they will automatically appear the next month, simplifying ongoing financial management.
- Keep a close eye on your cash flow, and if we spot a cash shortfall, we’ll notify you immediately so you can take proactive steps.
✨ Multibanking Features
This set of features boosts the management, oversight, and operational efficiency of financial activities.
- Connect any bank account from over 4,000 banks and manage and oversee all your companies and accounts together.
- Organize financial activities across different banks and businesses to help track expenses, optimize spending, ensure compliance, and gain insights.
- Label transactions to categorize financial activities by factors like project, department, or purpose.
✨ Loan Capabilities
Our loan possibility is the feature that sets Puls Project apart from similar budgeting tools.
- After connecting your bank account, you can get a flexible line of credit up to $100,000 for 12 months, based on group level, within 48 hours.
- Tailor the loan, set the amount, and the repayment period to see the total cost, interest rate, and monthly interest.
- Use credit limits when you need them without any costs
- Safely connect your data thanks to Amazon Aurora encrypted DB clusters with AES-256 encryption and additional providers.
Pricing
We offer a pay-as-you-go system: €1 per day per feature, allowing you to turn the features on and off unlimited times.
What’s more, you can test the tool for a few days and turn it off.
2. Scoro
Scoro is business management software catering to professional services firms, such as consultancies and agencies.
It integrates various functionalities, including budgeting, project management, and financial tracking, into a single platform.
Key Features
✨ Budgeting Tools — Allow you to create detailed budgets encompassing labor, material, and supplier costs.
✨ Real-Time Financial Insights — Provides real-time tracking of expenses and revenues, enabling you to monitor your financial status continuously.
✨ Customizable Reporting — Generate automated reports that provide insights into financial performance, including profitability and key performance indicators.
✨ Project Management Integration — Combines budgeting with project management tools, allowing you to manage the entire project lifecycle in a single place.
✨ Invoicing — Provides tools to automate billing and collect payments.
Pricing
Scoro has 4 Premium Plans, starting from €22 monthly, each with a 14-day Free Trial.
3. Centage
Centage is a cloud-based financial planning and analytics platform that specializes in budgeting, forecasting, and performance reporting.
It caters to small to mid-market organizations.
Key Features:
✨ Budgeting — Provides tools to create a collaborative, top-down, and bottoms-up budgeting process.
✨ Forecasting — A built-in financial tool that regularly evaluates actuals and tests various assumptions to see how they will impact your financial statements.
✨ Scenario Planning — Allows you to create multidimensional budget plans, each with its financial model, and test the impact of various scenarios.
✨ Consolidated Reporting — Combines reports across multiple entities, locations, or cost centers.
Pricing
Centage offers 3 Premium Plans, with prices available upon request.
4. Float
Float is a cloud-based cash flow management and budgeting software that helps small and medium-sized businesses forecast and manage their cash flow.
It integrates with popular accounting platforms such as Xero, QuickBooks Online, and FreeAgent.
Key Features:
✨ Cash Flow Forecasting — Creates visual cash flow forecasts, enabling you to see the expected cash position over time.
✨ Scenario Planning — Toggle your sales pipeline on and off to create instant visual forecasts
✨ Budget Management — Set a minimum cash threshold to spot when you drop below.
✨ Auto Budgets — Track last month's value and the average of the last 3 or 6 months and automatically update the set income and costs at the beginning of each month.
Pricing
Float has 3 Premium Plans, starting from €50 monthly, each with a 14-day Free Trial.
5. Planguru
Planguru is budgeting, forecasting, and financial planning software providing tools for financial analysis and strategic planning.
It caters to small to medium-sized businesses and nonprofits.
Key Features:
✨ Multi-Year Budgeting — Enables you to create budgets and forecasts for up to 10 years.
✨ Forecasting Methods — PlanGuru supports over 20 standard forecasting methods based on historical data or customized formulas.
✨ Integrations — Integrates with popular accounting platforms like QuickBooks and Xero.
✨ Integrated Financial Statements — The tool automatically generates integrated financial statements, including balance sheets, income, and cash flow statements.
✨ Reporting — Provides insights into financial performance, enabling you to analyze your budgets against actual results.
Pricing
PlanGuru offers 2 Premium Plans for the online version, starting at $99 monthly. Both plans come with a Free Trial and a 30-day money-back guarantee.
For the desktop version, plans are the same, but prices start at $83 per month.
6. QuickBooks
Although QuickBooks is primarily accounting software, it also offers solutions to help you manage your financial operations and budgeting.
It automates accounting tasks such as bookkeeping, invoicing, expense tracking, and payroll management.
Key Features:
✨ Expense Tracking — Helps you categorize and track expenses. You can also photograph and attach receipts directly to expenses via the mobile app.
✨ Financial Reporting — Generates various financial reports, including profit and loss statements, balance sheets, and cash flow reports for a better overview.
✨ Inventory Management — Allows you to track inventory levels, manage orders, and receive notifications when stock is low to avoid overstocking.
✨ Payroll Management — Offers payroll processing features that allow you to manage employee payments, track hours worked, and handle tax deductions.
✨ Invoicing — Lets you create professional custom invoices and send payment reminders.
You can also track invoice status and match payments to invoices automatically.
Pricing
QuickBooks has 4 Premium Plans starting from €5.70 monthly, each with a 30-day Free Trial.
7. Abacum
Abacum is financial planning and analysis (FP&A) software that streamlines budgeting, forecasting, and reporting processes.
It is more suitable for medium to large businesses. Its core products include:
- Report
- Planning
- Budgeting, and
- Intelligence.
Key Features:
✨ Automated Budgeting Workflows — Allow you to set up budgeting workflows and automation with custom templates and statuses.
✨ Scenario Planning — Enables you to prepare scenarios, connect your metrics across scenarios, segment your metrics, measure what-if impacts, etc.
✨ Automated Reporting — You can create BvA tables, charts, and visualizations with custom formatting and share real-time metrics via email, PDF, GSlides export, or a direct link to Abacum.
✨ AI Summaries — Automatically generate analysis and insights into performance for each chart or table.
✨ Integrations — Allow you to integrate with 40+ business systems, such as Xero, NetSuite, Stripe, etc.
Pricing
Abacum doesn’t provide pricing details, but it has 3 tailored pricing plans, depending on your requirements.
8. Datarails
Datarails is FP&A software that provides budgeting, forecasting, and reporting tools.
It is particularly useful for small to medium-sized businesses that rely heavily on Excel for their financial operations.
Key Features:
✨ Budgeting — Allows you to track file versions, feedback and status for each department and stakeholder.
✨ Reporting Capabilities — Enable you to generate financial reports, including dashboards that visualize KPIs and other critical metrics.
✨ Automated Data Consolidation — Automates the process of gathering and consolidating financial data from various sources.
✨ Excel Integration — DataRails operates as an add-in for Excel, allowing you to keep the existing Excel workflows while using automation and data consolidation features.
✨ FP&A Genius — A conversational AI tool that helps you access information about budgeting, financial trends, and historical data.
Pricing
Datarails has customized pricing based on financial reporting, planning, or analysis goals you want to achieve, and the number of users and integrations.
9. Jirav
Jirav is FP&A software catering to accounting firms and small businesses with budgeting, forecasting, and financial modeling processes.
It allows you to integrate with various Accounting, Workforce & HRIS,, and Operational tools.
Key Features:
✨ Forecasting — Аllows you to create financial forecasting models across the Income Statement, Balance Sheet, and Cash Flow Statement.
✨ Budgeting — Helps you build an annual budget by setting annual targets, using historical data, and resource allocations.
✨ Financial and Management Reporting — Enables you to interactive reports and dashboards.
It also offers pre-designed templates that include customizable 3-way financials.
✨ Scenario Analysis — Allows you to view performance from one budget to the next or plan vs. actuals with variance reports.
✨ KPI Library — Measures performance across various periods and planning scenarios.
Pricing
2 Premium Safari Plans, starting from $20,000.
10. Budgyt
Bydgit is cloud-based budgeting and financial management software for SMBs. It helps you create, manage, and analyze budgets.
The platform has a centralized dashboard that displays all the relevant financial info in one place.
Key Features:
✨ Budgeting — Enables collection and validation of data across your entire budgeting process.
✨ Rolling Forecasts — Provides continual forecasting to replace annual planning cycles
✨ Reporting — Allows you to create financial and management reports
✨ Integrations — Offers API connections to other Financial Accounting software.
Pricing
Bydgit has tailored Plus, Pro, and Enterprise plans with the possibility to purchase add-ons.
What is The Best Business Budgeting Software For Your Business?
Choosing the right business budgeting software will depend on, no pun intended, your budget, your business size, and overall financial goals and objectives.
If you are looking for a solution that combines accounting and budgeting tools, QuickBooks can be a good choice.
If you need planning and analysis solutions in addition to budgeting, you may want to pick Abacum or Datarails.
For extra CRM and project management features, choosing Scoro makes sense.
However, one solution offers not only budgeting, cash flow, and liquidity management solutions but also provides favorable loan options when and where you need them.
Enter, Puls Project!
Why Opt for Puls Project?
Puls Project is an all-encompassing solution that covers each step of your financial journey, from providing quick access to necessary funding to setting you up for growth.
Therefore, you can:
🔥 Connect with bank accounts to automatically import and categorize transactions, reducing manual entry and minimizing errors
🔥 Handle your financial tasks within the same dashboard without juggling multiple platforms.
🔥 Improve forecasting and budgeting through accurate and real-time data
🔥 Evaluate profitability over any chosen time frame by label, category, counterpart, company, or account.
🔥 Get a tailored-made loan to invest in your growth or close any cash gaps.
🔥 Handle invoice payments effectively, and keep a clear record of payment history.
And so much more.
Ready to see Puls Project in action?
Sign up for Puls Project today and navigate your financial journey with confidence.
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