CloudBudget Reviews

I like best the ability to use past budget numbers to forecast future revenue/expenses.

I dislike that CloudBudget doesn't currently offer the ability to drill down into expense or revenue numbers.

Cloudbudget has helped us solve the budgeting problems that we had to do outside of our financial software, FinancialForce.

CloudBudget has been a great company to work with, and the type of service you receive from their team isn't comparable. They are always there to help get you what you need in a budgeting tool. Connection of budget versus actuals in our ERP was quickly implemented, and excellent reporting was provided by CloudBudget for our budget owners in each department.

The only thing we don't love about CloudBudget is the fact that they only bring over summarized data into their software. Because of that, our budget owners are not able to dive into what their actuals consist of. We have to provide a report of actuals to our budget owners for them to dive into actuals.

With CloudBudget we have begun to better forecast our expenditures by creating forecast budgets with our budget owners. Because actuals typically never hit in the month budgeted, we are able to better project future expenditures if budget owners never used budgeted amounts in previous months.

CloudBudget customer service has quickly made requested changes and updates to fit all of our business needs. Whenever we have questions or concerns, they are able to help us resolve them and help keep our data clean.

The forecast function is a little clunky as all of the actuals pull into different categories. It works but still needs some fine tuning to fit our business needs.

We are working on resolving the issues that have come up with forecasting. The budgeting tools are great and we just need to resolve any issues with the forecasting tools so we can compare our baseline budgets to rolling forecasts throughout the fiscal year.