In recent years, companies have moved their budgets to cloud for several reasons.
First of all, cloud-based budgeting software is less expensive than on-premise products. Smaller companies also lack the infrastructure and IT staff to manage the complicated infrastructure of on-premise software.
Online business budgeting tools are a great option for any business that wishes to manage their budgets in a streamlined and organized way. These next generation tools focus on the keyword “intuitive” and require fewer specialized training, meaning that they’re easy-to-use and can be implemented more quickly.
Moreover, the online software providers release product updates as often as every two months, ensuring that your budgeting software is up to date.
Companies that use Excel for managing their budgets are far more likely to make mistakes as close to 90% of spreadsheets contain errors.
If you’re looking to move your budgets out of Excel or simply bring more structure to your budgeting, find your new cloud budgeting software from this list that outlines the perks and benefits of each.
We’ll start with the most widely used and universal business budgeting software and move on to smaller niche tools, to help you find exactly the right tool to manage, plan, and forecast your company’s budgets.
What are the most important feature you have to look for in a Budget planning software :
Is relatively easy to use with little setup time
Has unique features that stand out from other budgeting software
Is by a trustworthy provider, with regular updates and high security