Budgyt - Annu

Bu

Enter Variable Below

Number of Users 10
Number of P&Ls to Budget 10
$/Hour Labor Cost $85
Number of Revisions / Year 2

Hours
Budget Task Pen & Paper
255.0

All data is manually entered and

Add categories on all rows across Excel tabs to entering new categories requires 10.0
match your chart of accounts starting over from scratch or using a
lot of erasers

Add a new P&L or Department to match all your Grab another paper sheet. Manually
rewrite the same categories on the 6.7
reporting units same rows as the other P&Ls

Grab another paper sheet. Manually

Create Consolidated reporting for all categories recalculate all prior worksheets.
Erase all data before, grab calculator 15.0
for all P&Ls and re-add all data together for each
category.

All Manual and very time consuming

Input Historical Data for easy comparison to LY if entering historical data by month. 18.3
and LLY Impossible if transaction detail
 Erase number and recalculate for all
Edit Data in Budget Templates 15.0
applicable spreadsheets

Manually enter in Accounting

Create exportable file for Accounting Software Software each category, department 15.0
for reporting and P&L

Users see all papers unless put

Password protect key cells and formulas 3.3
valuable data on one separate sheet

Verify that no rows were inserted that throw off Manually recalculate each category 16.7
any links and department to make sure correct

Can't make formulas. All calculations

Create formulas and ensure numbers are are manual. For budgets with many 18.3
calculated properly each time formulas this is very time consuming

Create a folder of all worksheets and create Don't lose the papers. Make many 11.7
permissions for access photo copies.

Train all users to login to folder and access their Make photo copies and let users 13.3
excel file and make updates to appropriate file make edits on paper

Version Control. Label each excel template Making multiple photo copies.
carefully to know version. Is it Version 1, 2 or 11.7
Manually write the version
Version 20?
 Summary data is manually entered in
Create Monthly Budget to Actual reporting with another column, photo copies made
Summary and Detail information. 12 times a and limited access copies made and 100.0
year shared. Transaction detail not
possible
Budgyt - Annual Return on Investment (ROI) Calculator
Budgyt is to Excel, as Excel is to Pen and Paper

Budget Method Summary Days Labor

Pen & Paper 32 $21,675
Excel 15 $9,888
Budgyt 2 $1,558

Labor Hours Labor

Excel
$21,675 116.3 $9,888

Align each row properly across all P&L tabs. If a

new category is created the user has to select all
tabs and ensure all categories are on the same
$850 row by inserting the same row across every tab. 5.0 $425
Very dangerous process if accidently forget to
select all the tabs. Maintaining tabs that have
different categories is nearly impossible to
globally add categories using this method.

Insert another Tab. Copy Columns and Rows

$567 from existing Tabs. Label tab appropriately, align 5.0 $425
in excel file properly, color code if necessary to
demarcate better.

Link all tabs and rows manually. Very difficult to

$1,275 audit if forgot to link one tab. Manual audit 3.3 $283
takes a lot of time but very important for data
integrity. Any user can break the link as well.

All Manual as have to create new rows and

$1,558 duplicate efforts above. Detail information even 6.7 $567
more time consuming creating grouping for
expanding and collapsing data
 Users must navigate to the proper tab and file
and be sure not to delete or edit wrong data.
Very easy to delete with the stroke of a key. No
$1,275 double checking data entry. Accuracy is hard to 20.0 $1,700
ensure. Reconsolidating data and verifying links
still work and all formulas were not tampered
with.

Align all categories and copy and paste to new

$1,275 file values by month. Create pivot table to 3.3 $283
summarize by category and P&L. Ensure proper
code for all.
Manually select categories across all tabs to
$283 create passwords. Ensure you remember 5.0 $425
password and make sure only the right user
accesses the category and tab.

$1,417 Verify each formula is still working and accessing 10.0 $850
the right data every time a user touches the file.

Time consuming setup of formulas that are often

hard to follow. Users can maintain inputs but not
$1,558 the code for the formula. Creating color coded 6.7 $567
data entry cells. Ensuring enough data rows are
there to meet all needs for all users. Must be an
excel pro to create formulas and train users.

Manually create a central access point for all

files. Could use email to distribute files but all
$992 links get broken via email. Dropbox set up is also 10.0 $850
time consuming to give proper people access
and ensure the wrong file is not shared with the
wrong user

Manage email inquiries and lost emails or

$1,133 training on which file they should access, phone 3.3 $283
calls etc…

With many emails and attachments and teaching

users to ensure they label properly the excel files
$992 or this is managed properly by you. Meticulous 10.0 $850
attention to detail required or wrong data is
saved. Very difficult to see before and after on
changes.
 Summary data is entered manually or with
advanced vlookup formulas and then shared
$8,500 with each user decided by you. Manually 28.0 $2,380
controlling access to data. Detail information
nearly impossible.
or

Software Total Cost ROI vs Budgyt

$0 $21,675 510%
$150 $10,038 183%
$1,995 $3,553

Hours Labor
Budgyt
18.3 $1,558

Through Manage settings users

automatically have every P&L set up
perfectly. Row management is automatic. 0.7 $57
Management of different categories in
different P&Ls is seamless.

Through Manage Departments, new P&Ls 0.7 $57

are created dynamically instantly.

Manage Departments allows admin to roll

up any group of P&Ls instantly. Adding any
new department or P&L takes seconds and 0.7 $57
no formulas have to be recreated.
Consolidated reports are automatically
maintained dynamically

Easy import tools allow detail or summary

data to be compared to any month or year 1.0 $85
for any category, department or P&L
Cloud solution makes editing easy and
double data entry verification ensures 6.7 $567
increased accuracy. Built in spreading tools
and formulas can't be adjusted

Automatic with Export feature 0.3 $28

User management tools make access to 0.7 $57

categories, Departments or P&Ls effortless

Rows can't be thrown off. No need to

verify because the program is built to 0.3 $28
protect against this.

Managed thru Manage Formulas, time

spent building formulas is low as it is
seamless across any number of P&Ls. 2.0 $170
Users can be limited to data entry of inputs
and admins only can edit formula
structure.

Automatic with setup of Budgyt 1.7 $142

One time 30 minute training session plus 1.7 $142

some inquiries for clarification

Activity Audit Trail allows users to see who

made what changes and when and no 0.3 $28
need for version control.
Within minutes import data from any
Accounting software and all budget to 1.7 $142
actual reporting is immediate and
accurate. No manual data entry.