InícioBusiness Budget Software7 Best Business Budget Software for 2022

7 Best Business Budget Software for 2022

Examine the options for small business budget software, reporting capabilities, cash flow management, integration, and cost.

Many businesses, freelancers, and accounting professionals who want to automate their business financial tasks need online business budget software.

From expense tracking to report generation, the right budget software can boost your company’s efficiency and streamline your workflows.

Fortunately, whether you need comprehensive small business budgeting software to create a detailed financial analysis or a more limited option, there are plenty of high-quality options to choose from.

And, to get you started, we’ll look at some of the best business budget software on the market today.

Top 7 business budget software options

So, what exactly is small business budgeting software, to begin with?

In a nutshell, budget software is a program that helps small businesses manage, track, and forecast their budget.

Budget software should include robust reporting features that enable you to create and manage financial statements such as cash flow reports and profit and loss statements.

Business budgeting software, like basic accounting software, can include extra functionality like payroll processing or payroll services.

However, while certain corporate accounting software can also be used as budgeting software, there are other business budget software options to consider, based on your specific requirements.

Consider how cost, user experience, accounting tools, and other factors will affect your decision-making process before diving into your selections. Then have a look at these best corporate budget software solutions.

1. QuickBooks Online

For general functionality, the best budget software.

QuickBooks Online is our top overall recommendation for the finest budget software for small businesses.

Despite the fact that QuickBooks is classified as accounting software, it can automate practically all of your financial business processes, including invoicing, billing, and expenditure sorting.

You can quickly track your budget and expenses thanks to the user-friendly design and dashboard.

The most crucial feature of QuickBooks Online is its extensive reporting capabilities. Small businesses can create their own customized reports or use one of QuickBooks’ built-in reporting tools to make profit and loss statements and other critical financial reports easier to compile.

If you want to personalize your software even more, QuickBooks has hundreds of connections to select from.

Simple Start ($25 per month), Essentials ($50 per month), Plus ($80 per month), and Advanced ($180 per month) are the four price levels offered by QuickBooks Online for small businesses. Whatever plan you choose, you’ll get (at a least) the following benefits:

  • Payments and invoicing
  • Management of income and expenses
  • Keep track of your sales and sales tax
  • Receipts should be captured and organized
  • Run routine reports

You might also want to look into QuickBooks Self-Employed, which has capabilities tailored to freelancers, contractors, and other self-employed professionals. The cost of this program begins at $15 per month.


  • It is simple to use.
  • Several price ranges
  • Reports that can be customized
  • Several users
  • Is able to distinguish between personal and business expenses


  • It can be costly
  • For non-finance professionals, it’s difficult
  • It’s difficult to set up

2. Xero

For extensive functionality, the best budget software is.

Xero is a good option for your business if you don’t need a lot of complicated accounting capabilities but yet want one of the top cloud-based business budgeting software options.

Users can manage all of their accounts, invoices, and budgets in one spot using Xero. Xero has also improved some of its more advanced capabilities, such as the expense and project management modules, which are both beneficial for budgeting.

Early, Growing, and Established are the three pricing options offered by Xero.

Early, the cheapest plan, is $9 per month and offers Xero’s basic accounting functions as well as a restricted amount of invoices, quotations, and bills.

The monthly fee for the Growing plan is $30. Everything in the Early plan is included, including unlimited invoices, estimates, and bills.

Finally, the most expensive Xero package is Established, which costs $60 per month. The Established plan includes everything in the Growing plan plus the ability to employ multi-currency capabilities and more comprehensive cost and project management tools.


  • Excellent ability to integrate
  • Relatively inexpensive
  • User interface that is easy to use
  • Excellent client service
  • There are no limits to the number of people who can


  • Reporting possibilities are limited
  • Larger businesses may find this inconvenient
Best Business Budget Software for 2022
Best Business Budget Software for 2022

3. FreshBooks

Basic budgeting software at its best.

FreshBooks is another well-known small-to-medium-sized business accounting and budgeting software that is suitable for organizations that only need basic budgeting tools.

During budgeting, you can use FreshBooks to create and view estimates. FreshBooks’ spending monitoring feature also helps you keep a tight grip on your budget. It’s crucial to note, though, that FreshBooks isn’t designed to handle intricate budgeting.

FreshBooks is available in four different versions: Lite, Plus, Premium, and Select. The Premium and Select editions cater to larger businesses, while the Lite and Plus versions cater to self-employed individuals and small to medium-sized businesses.

The Lite version, which costs $15 a month and includes unlimited expense entries, unlimited custom invoices, custom functionality, and more, is the most affordable option.


  • It’s simple to use and integrate with other web services
  • Very simple to use
  • Reporting that is sophisticated
  • Invoice creation is simple


  • Higher plans/adding team members might be quite costly
  • Complex budgeting is not possible

4. PlanGuru

Forecasting business budget software at its best.

PlanGuru’s company budget software is noted for its scalability, which comes from years of expertise supporting small businesses and financial advisors.

PlanGuru can accommodate your needs, whether you’re trying to construct a simple small-business budget or a very detailed operating budget.

PlanGuru is noted for its forecasting and analytics tools, which include more than 20 forecasting approaches that allow small firms to budget and anticipate up to ten years in advance.

PlanGuru has a cloud-based app as well as a desktop app. The desktop version has a few extra capabilities, such as the ability to perform an unlimited number of consolidations, undertake a business appraisal, and use the breakeven tool.

Both versions of the software are $99 per month or $899 per year. Additional users pay $299 per year or $29 per month.


  • Excel, QuickBooks, and Xero are all compatible
  • Balance sheets, income statements, and cash flow statements are all interwoven
  • Supportive of the product
  • Additional analytics tools are included


  • Reporting flexibility is limited
  • There is no remote access to the desktop

5. Float

The best budgeting software for cash flow management.

For businesses that utilize Xero, QuickBooks Online, or FreeAgent, Float is an award-winning business budgeting and cash flow forecasting add-on. Users of Float get real-time visibility into their cash flow and the ability to set budgets.

Your cash flow can be viewed on a daily, weekly, or monthly basis. When cash flow is low or there is a cash surplus, Float will notify its users, providing businesses with actionable data.

Float has three premium plans: Essential, Premium, and Enterprise, with a 14-day free trial period. Essential costs $69 per month, Premium $119, and Enterprise $249 per month.


  • It’s simple to interface with the most popular accounting software
  • User-friendly
  • Data is imported automatically
  • Setup time is minimal


  • There is no cash flow consolidated
  • Importing big amounts of data is difficult
  • There is no mobile app available
Best Business Budget Software for 2022
Best Business Budget Software for 2022

6. Centage’s Budget Maestro

The best collaboration software on a budget.

Small and medium-sized enterprises can use Centage Corporation’s budgeting and accounting software.

Budget Maestro is one of these solutions, a cloud-based budgeting software that allows businesses to effortlessly build and manage full budgets and budget models.

Budget Maestro has a number of outstanding features, including the ability to create an infinite number of “what if” budget scenarios.

Budget Maestro also includes configurable dashboards, making it simple for finance and non-finance personnel to understand the financial data of the company.

The software’s most popular feature is the ability for several contributors to collaborate on a budget. The work is then consolidated into one model by Budget Maestro.

Pricing for Budget Maestro is available upon request. To get a price, you’ll need to contact the company directly.


  • Interface that is simple to use
  • Budgets created in collaboration
  • It’s compatible with your general ledger


  • It’s difficult to set up
  • Pricing depending on quotes; this could be costly

7. Adaptive Planning

The best budgeting software for larger companies.

Workday Adaptive Planning’s enterprise software can handle anything from business budgeting to modeling.

Adaptive Planning is a cloud-based CPM program that allows businesses to plan budgets, do revenue predictions, and much more.

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Adaptive Planning is popular among users because of its capacity to simplify budgeting expenses, correctly manage budgeting costs, and examine entire corporate spending.

Adaptive Planning, like Centage’s Budget Maestro, can produce and anticipate several budgeting scenarios.

There are two pricing options for Adaptive Planning: standard and enterprise. You’ll have to contact a sales representative to learn more about specific pricing or implementation services.


  • Forecasts that change throughout time
  • Allows for budgetary “what if” situations
  • Synchronizes with a limited number of applications


  • Setup is really difficult
  • User-unfriendly
  • Pricing depends on quotes

The bottom line 

It might be difficult to decide which small business budgeting software solution is best for your company when there are so many possibilities. To begin, consider about your most essential feature requirements and price points:

Are integrations necessary, or may bespoke financial statements and reports suffice?

Do you want scalable software or just the essentials?

Finally, whether you choose one of the finest business budget software solutions we’ve evaluated here or something else entirely, don’t forget to take advantage of free trials and try out a platform before committing to a paid commitment.

Deborah Navarro
Deborah Navarro
Sou jornalista e produtora de conteúdos para portais online, sempre criando conteúdos que sejam de interesse geral.

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