Best Business Budgeting Software of April 2023
Business budgeting software helps you manage, track and forecast budgets to see how your business is performing financially.
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Business budgeting software helps ensure your business is on track to meet its financial goals. Some business owners use spreadsheets as their main budgeting tool; however, the downsides are manual data entry and the risk of human error. If you prefer a more automated approach to the process, business budgeting software could be a better alternative. The best tools let you create account budgets, run budget variance reports, forecast cash flow and, in some cases, choose between different projection methods or plan for worst-case scenarios.
Conveniently, accounting software typically covers the basics with income and expense tracking, budget creation tools and customizable financial reports. For more detailed insight into strategies for cutting costs and boosting revenue, you might sync your accounting software with a separate budgeting app.
Here are our top picks for business budgeting software tools and what makes them stand out.
Business budgeting software helps ensure your business is on track to meet its financial goals. Some business owners use spreadsheets as their main budgeting tool; however, the downsides are manual data entry and the risk of human error. If you prefer a more automated approach to the process, business budgeting software could be a better alternative. The best tools let you create account budgets, run budget variance reports, forecast cash flow and, in some cases, choose between different projection methods or plan for worst-case scenarios.
Conveniently, accounting software typically covers the basics with income and expense tracking, budget creation tools and customizable financial reports. For more detailed insight into strategies for cutting costs and boosting revenue, you might sync your accounting software with a separate budgeting app.
Here are our top picks for business budgeting software tools and what makes them stand out.
Best Business Budgeting Software
Product | Best for | Starting at | Promotion | Learn more |
---|---|---|---|---|
![]() PlanGuru | Best for In-depth forecasting | $99/per month | 14- | |
![]() Float | Best for Cash flow management | $69/per month Additional pricing tiers (per month): $119, $249. | 14- | |
![]() Centage Planning Maestro® | Best for Financial planning and analysis | N/A Quote-based | N/A | |
![]() Xero Learn more on Xero's secure website | Best for Simple budget reports | $13/month Additional pricing tiers (per month): $37, $70. | 75% off for first three months or free 30-day trial. | Learn more on Xero's secure website |
![]() QuickBooks Online Learn more on QuickBooks Online's secure website | Best for QuickBooks users | $30/month Additional pricing tiers (per month): $55, $85, $200. | 50% off for first three months or free 30-day trial. | Learn more on QuickBooks Online's secure website |
Our pick for
In-depth forecasting

PlanGuru

Starting at
$99/per monthPromotion
14-Our pick for
Cash flow management

Float

Starting at
$69/per monthAdditional pricing tiers (per month): $119, $249.
Promotion
14-Our pick for
Financial planning and analysis

Centage Planning Maestro®

Starting at
N/AQuote-based
Promotion
N/AOur pick for
Simple budget reports

on Xero's secure website
Xero

Starting at
$13/monthAdditional pricing tiers (per month): $37, $70.
Promotion
75% offfor first three months or free 30-day trial.
on Xero's secure website
Our pick for
QuickBooks users

on QuickBooks Online's secure website
QuickBooks Online

Starting at
$30/monthAdditional pricing tiers (per month): $55, $85, $200.
Promotion
50% offfor first three months or free 30-day trial.
on QuickBooks Online's secure website
What is business budgeting software?
Business budgeting software helps you manage, track and forecast budgets to see how your business is performing financially. It should have strong reporting capabilities that allow you to generate and manage financial statements, like cash flow reports and profit and loss statements, and compare actual income and expenses against projected figures.
While some accounting software products have budgeting tools, there are distinct solutions that dig a little deeper if you want to predict how a particular business decision could affect your cash flow. Before you dive into your options, consider how pricing, user experience, accounting tools and more will play into your decision-making process.
Last updated on February 27, 2023
To recap our selections...
NerdWallet's Best Business Budgeting Software of April 2023
- PlanGuru: Best for In-depth forecasting
- Float: Best for Cash flow management
- Centage Planning Maestro®: Best for Financial planning and analysis
- Xero: Best for Simple budget reports
- QuickBooks Online: Best for QuickBooks users