
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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Monday, February 1, 2021
β"idu-Concept Budgeting & Reporting tool" What do you like best?β¦β
"idu-Concept Budgeting & Reporting tool" What do you like best? Web-based therefore easily accessible via vpn secured connection. The interface is user friendly and provides all information in a central space. User can easily export budgeting/reporting information, as well as import larger amounts of budget input. Supporting documentation can be uploaded in any file format. Review collected by and hosted on G2.com. What do you dislike? Line Item detail for reporting is currently only at cost center level - would like to access this by group Review collected by and hosted on G2.com. What problems are you solving with the product? What benefits have you realized? Agile budgeting - moving away from Excel spreadsheets. Easy and minimal user input. Quicker budget input translates to time-saving, so that focus can be on analysis of the budget. Immediate presentation to stakeholders - without the need to download and manipulate in Excel.
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Thursday, April 2, 2020
ββEasy to useβ Overall: My overall experience with this productβ¦β
βEasy to useβ Overall: My overall experience with this product has been excellent. We are very happy with it. Pros: The thing i like most about idu-Concept is how easy it is to use! Cons: I can't think of something that i like least.
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Thursday, April 2, 2020
ββA great consolidation platformβ Overall: idu-Concept is a great tool,β¦β
βA great consolidation platformβ Overall: idu-Concept is a great tool, it is user friendly and changes are quickly implemented. Pros: I like the ability to compare budget versus actuals. It is a great consolidation platform. Cons: There is nothing that i dislike about this product.
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Thursday, April 2, 2020
ββIDU is a brilliant business toolβ Overall: I enjoy usingβ¦β
βIDU is a brilliant business toolβ Overall: I enjoy using the system. I am still learning and understanding it Pros: idu-Concept allows us to do process reporting with ease Cons: Manual intervention i.e. open/close periods etc
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Thursday, February 27, 2020
ββRecommended Budget and reporting toolβ Overall: We have used Iduβ¦β
βRecommended Budget and reporting toolβ Overall: We have used Idu for budgeting and for quick reporting information Pros: Budgeting. very easy to interface. Quite easy to get the users to train on it Cons: Drill down to general ledger only gives summary and not sub ledger detail
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Thursday, February 27, 2020
ββUser friendly and easy to navigateβ Overall: Time saving andβ¦β
βUser friendly and easy to navigateβ Overall: Time saving and management of the budget process Pros: User friendly. Enjoy the simply aggregation at various levels. Cons: The forecast headcounts don't update. It would help if all the stat accounts would also update in the forecast set
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Thursday, February 27, 2020
ββIDU software reviewβ Overall: N/A as we are still inβ¦β
βIDU software reviewβ Overall: N/A as we are still in the implementation phase. Pros: The software seems to be a robust budgetary and reporting tool. It can help you get to the detail of your GL and be very useful as an analytical tool. Cons: The set up seems very complicated, especially as an admin user. It is sometimes confusing as the same wording appears on different menus / sub menus.
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Thursday, February 27, 2020
ββIDU software review MMMβ Overall: support is excellent nad consultantsβ¦β
βIDU software review MMMβ Overall: support is excellent nad consultants are friendly Pros: A very user friendly software, versatile, great for both financial and non financial managers Cons: the software is customised to your preference,
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Thursday, February 27, 2020
ββMonthly management reviewβ Overall: It save me time and analyticalβ¦β
βMonthly management reviewβ Overall: It save me time and analytical reviews. Reports are on hand with a click of a button. Pros: Easy to read and understand reporting, able to extract information and easy to drill down and roll up. Export and import function is awesome for quick fix and analytical reviews. Cons: Our company had a restructure and of which all systems were not aligned for the integration hence reporting was difficult to extract and review
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Thursday, February 27, 2020
ββIDU Software - Excel β Pros: Love the excel reporting,β¦β
βIDU Software - Excel β Pros: Love the excel reporting, and the customising of the reports. the use of mutiple account structures and cost centre structures are use full as well. Cons: We have restriction with the break down of department data within the Sales grouping.
