IDU
★★★★★ 4.6 · 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.
Alternatives to IDU
BoardSpotlightBoard is the #1 Decision-Making platform empowering people, from more than 3,000 companies worldwide, to have a transformative… Learn more about Board.
CentageCentage's Planning Maestro is indeed a cloud-based financial software solution designed to assist business leaders in making… Learn more about Centage.
MoneyMinderMoneyMinder Treasurer software is the leading web-based software for volunteer run nonprofits. We provide treasurers… Learn more about MoneyMinder.
CloudbudgetLeveraging the Salesforce platform, CloudBudget delivers a highly secure, cloud-based budgeting solution that helps… Learn more about Cloudbudget.
Vena SolutionsVena Solutions provides budgeting, planning and revenue forecasting software for medium to large sized organizations. We’ve… Learn more about Vena Solutions.
4Cast Solutions4Cast Solutions Ltd develops and supports 4CastPro 4CastPro is essentially a corporate forecasting, budgeting and reporting… Learn more about 4Cast Solutions.
A3 SolutionsA3 Solutions is the developer of A3 Modeling. Empower your finance team with the only tool that supercharges end-user Excel into… Learn more about A3 Solutions.
Account-AbilityAccount-Ability provides, Corporate Planner, a budgeting, forecasting reporting and consolidation software solution. We have… Learn more about Account-Ability.
AutoCFOAutoCFO’s powerful software integrates with your existing accounting software in a matter of minutes, allowing you to visualize… Learn more about AutoCFO.
BELLINBELLIN, a Coupa company, is a global leader in treasury technology. We cater to a range of clients from large multinationals to… Learn more about BELLIN.
IDU Reviews (166)
- ★★★★★93
- ★★★★★73
- ★★★★★0
- ★★★★★0
- ★★★★★0
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 occasionally—some 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 concern—some suggest cloud deployment would improve uptime and real-time reporting.
★★★★★
Thursday, February 27, 2020
““Easy Access to Budget information” Pros: The ability to run…”
“Easy Access to Budget information” Pros: The ability to run multiple budgets or forecasts across multiple periods and entities with an easy connection to existing data. Cons: It takes a bit of time to be comfortable with selecting the appropriate data sets for my queries.
★★★★★
Thursday, February 27, 2020
““Budgeting” Pros: Product is easy to use, and i love…”
“Budgeting” Pros: Product is easy to use, and i love that it can easily export into excel Cons: Admin could be easier to navigate, especially when a company structure changes
★★★★★
Thursday, February 27, 2020
““IDU software review” Overall: It really assist with getting the…”
“IDU software review” Overall: It really assist with getting the budget done faster and it reduces the turnaround times for forecasting Pros: Web Based, and you can run this from many locations You can obtain a live group view of companies Cons: New developments are tedious to implement and setup (Balance sheet 7 cashflow)
★★★★★
Thursday, February 27, 2020
““Simple and efficient Budgeting tool” Overall: It has been a…”
“Simple and efficient Budgeting tool” Overall: It has been a very good experience and quick to learn its unique features and capabilities Pros: It is brilliant in this niche space, catering for all budgeting and forecasting needs companies may have. Keeps things simple and easy to use Cons: lack of out-of-the-box integration adapters
★★★★★
Thursday, February 27, 2020
““Idu reporting ” Overall: It's great I think the functionalities…”
“Idu reporting ” Overall: It's great I think the functionalities being built in will enhance the experience further Pros: Easy to use, easy to make changes and great support team at IDU Cons: I would prefer updates to be live when I make changes in our accounting system.
★★★★★
Thursday, February 27, 2020
““IDU software review” Overall: The effectiveness of doing the Budget…”
“IDU software review” Overall: The effectiveness of doing the Budget in IDU, having to move away from very long excell sheets Pros: idu is very adapting to the forever changing environment for example activity based budgeting module can be modeled in such way that it can our needs most of the time. Cons: as administrators we still have a lot of manual intensive work to maintain the tool
★★★★★
Thursday, February 27, 2020
““Great budgeting tool!” Overall: automated budget tool. this assist the…”
“Great budgeting tool!” Overall: automated budget tool. this assist the organisation during the budget process Pros: easy to use as well automated process. the interface with SAP also assist in ensuring that the data we utilise for reporting is accurate. Cons: I do not have much to report on. We have just introduced the project reporting module. we will provide feedback at a later stage.
★★★★★
Thursday, February 27, 2020
““IDU Software - Excel ” Overall: it has made budgeting…”
“IDU Software - Excel ” Overall: it has made budgeting and projecting easier and has been user friendly Pros: the ease of use for budgeting and reporting Cons: the balancde sheet module setup needs to be improved
★★★★★
Thursday, February 27, 2020
““IDU Software - Excel ” Overall: great budgeting tool Pros:…”
“IDU Software - Excel ” Overall: great budgeting tool Pros: helpful reporting tool, able to integrate with other systems Cons: Integration with other tools was not easy
★★★★★
Thursday, February 27, 2020
““IDU software review” Overall: Really happy with the product and…”
“IDU software review” Overall: Really happy with the product and there is always new updates and innovation. Pros: - Easy interface - Good reporting and budgeting features - Now integrated with Draftworx making statutory financials easier - Great support from IDU Cons: - Front end interface not easily customisable. - No standard historic cash flow report.
