
IDU
β β β β β 4.6 Β· 166 Reviews
What is IDU?
IDU makes budgeting, forecasting and variance analysis tools for empowered financial management. IDU-Concept, automates the planning process, eliminating errors and empowering the business with real-time, accurate, relevant information. IDU enables deeper insight into your operating costs, allowing for better expense management and increased efficiencies. In addition, instant access to up-to-date, accurate financial information drives agility and enhanced decision-making. IDU goes beyond traditional planning by connecting strategic, financial, departmental, and operational plans, breaking down silos and significantly improving collaboration and accountability. IDU-Concept integrates seamlessly with your ERP software, can be implemented quickly, and reduces budgeting cycles from months to weeks.
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IDU Reviews (166)
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Review Summary
Generated using AI from real user reviews
IDU-Concept is a strong budgeting and reporting tool that most users find effective and reliable, though the interface has some rough edges. Users consistently praise the system for automating budget processes, streamlining reporting, and reducing reliance on Excel spreadsheets. The drill-down capabilities and ability to customize reports are frequently highlighted strengths, as is the responsive support team. Many users report significant time savings and improved financial visibility after implementation.
The main criticisms centre on user experience. The interface is described as slightly complicated or complex initially, and several users note it could benefit from modernization and improved aesthetics. Performance issues appear occasionallyβsome mention slow response times under heavy concurrent user load, and a few flag problems with data integration automation requiring manual effort. Dashboard creation is noted as challenging. A few users also mention frustrations with support turnaround on specific queries and limitations in historical data refresh capabilities.
Deployment and support are generally strong points. Reviewers highlight professional implementations completed on time and within budget, plus accessible support staff. The product works well with ERP systems and Excel, and users switching from spreadsheets report substantial operational gains. Several long-term customers (10+ years) confirm the system has stayed relevant and responsive to their evolving needs. Cost-effectiveness relative to competitors like SAGE and OneStream is mentioned as a decision driver. Local versus cloud setup emerges as a minor concernβsome suggest cloud deployment would improve uptime and real-time reporting.
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Wednesday, February 27, 2019
βWhat do you like best? The tool is easy toβ¦β
What do you like best? The tool is easy to implement. It is easy to learn and understand. The staff are always friendly and helpful. It was a great buy for our Institution. What do you dislike? Some of the IDU standard reports are not very user friendly. There are a few standard functionalities that could be tweaked a bit. What business problems are you solving with the product? What benefits have you realized? Our Institution uses it for budgeting and adhoc reporting. It has simplied and streamlined our budgeting processes.
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Wednesday, February 27, 2019
βWhat do you like best? IDU is not only aβ¦β
What do you like best? IDU is not only a great and easy to use budgeting application, but helps drive day to day ownership of business unit or departmental budgets, cost management, revenue growth and variance reporting by the business unit or department leaders. The team behind IDU, and lead by Kevin Philips, have lived and breathed preparing budgets and have an infinite understanding of what the user requires. What do you dislike? Nothing to dislike! Most great products tend to have poor service - not with IDU ... a great team who are customer centric! What business problems are you solving with the product? What benefits have you realized? Our budget, expense analysis, & variance reporting are supported by IDU's CPM. Benefits have been improved efficiency and improved accuracy in preparing budgets and monthly management account reporting. Furthermore, ownership of business unit budgets has been decentralised.
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Wednesday, February 27, 2019
βWhat do you like best? Can slice and dice theβ¦β
What do you like best? Can slice and dice the general ledger in any way you wish to get the reporting format you need. The ability to drill down into any number shown. What do you dislike? It can be a bit overwhelming for new users in terms of all the options and the navigation around the package Recommendations to others considering the product Discuss your requirements with the consultants and get a demo. Chat to others in your industry who have used IDU as they do cover a vast number of industries. What business problems are you solving with the product? What benefits have you realized? Ability to see up to date information regarding expenses compared to the budget. Massive help having the IDU Analytics when it comes to reporting
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Wednesday, February 27, 2019
βWhat do you like best? Simple, efficient and short implementationβ¦β
What do you like best? Simple, efficient and short implementation required, on-site with client involved every step of the way. This also served as "training" and knowledge transfer on how the system operates and how it should be maintained. We find their helpdesk to be one of their biggest strengths, with efficient client specific assistance almost immediate. The possibility of multiple, different, structures, both for reporting and budget presentation is something to first grasp, but it is very powerful. What do you dislike? Not much to dislike, some newly added functionality that does not form part of the standard package could be a costly add-on. What business problems are you solving with the product? What benefits have you realized? Single platform for budget capture, submission and review, with instant consolidation of business units. Multiple structures available for different reporting structures and views.
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Wednesday, February 27, 2019
βWhat do you like best? One place, with one versionβ¦β
What do you like best? One place, with one version of the truth, and all changes are immediately available in the relevant views. What do you dislike? The detail of the budget break out per line item does not export. Only totals are exported. Also doing different scenarios are challenging in IDU. What business problems are you solving with the product? What benefits have you realized? Budget process is far more efficient and we have given ownership and visibility back to the budget owners.
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Wednesday, February 27, 2019
βWhat do you like best? The tool is very userβ¦β
What do you like best? The tool is very user friendly and easy to use. Its web-based so accessible from anywhere. What do you dislike? Creating structures in admin module is sometimes complex. What business problems are you solving with the product? What benefits have you realized? Budgeting and Forecast time frames has reduced drastically.
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Wednesday, February 27, 2019
βWhat do you like best? Budgeting - we are aβ¦β
What do you like best? Budgeting - we are a big multi company user and we are able to budget by person for +- 27000 people. Consolidating and building budget structures is a breeze. able to fit into any CRM you may use with real time data all the time. What do you dislike? There is nothing that I dislike very easy to use user friendly system. What business problems are you solving with the product? What benefits have you realized? Consolidation of budgets, reporting
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Wednesday, February 27, 2019
βWhat do you like best? IDU is very easy toβ¦β
What do you like best? IDU is very easy to understand and user-friendly especially for non-finance people. Ever since I started using IDU in 2014 Budget iterations and version controls are more efficient as compared to Excel spreadsheets. What do you dislike? It would be great if one can be able to select multi Cost Centres or different Cost Centre codes at the same time, perhaps an analytics functionality can solve this problem. What business problems are you solving with the product? What benefits have you realized? Managers are making more informed decisions as they have real time access to the financial information of their respective functions. This has resulted in reduced Planning and Operational Inefficiency Variances.
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Wednesday, February 27, 2019
βWhat do you like best? IDU give you the abilityβ¦β
What do you like best? IDU give you the ability to view your financial data in the most effective and simplistic way possible.This software can be used by everyone(including a non-financial user). No more sending out multiple excel files&checking budget excel files;now we have one source,which multiple users can work at the same time&information is trusted(up to the most detailed level). What do you dislike? Fiscal sets are very independent,although you can integrate&synchronize them, I would enjoy a central base where you make&update account information/structures once and it is copied everywhere. What business problems are you solving with the product? What benefits have you realized? Simple format of Financial reporting for the non-financial users to have information at the tip of their fingers. Ease of budgeting for non-financial users. Analytics model gives you the ability to have live data in any format all the time. Makes basic reconciliation and data integrity checks very easy.
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Wednesday, February 27, 2019
βWhat do you like best? easy to navigate for allβ¦β
What do you like best? easy to navigate for all my reports. Comparisons of my reports is simpler What do you dislike? nothing as yet. I started using IDU 2 months ago What business problems are you solving with the product? What benefits have you realized? Comparisons of Actuals, forecast and budget. Makes analysis simpler
