What is IDU?

Say goodbye to countless budget iterations and complicated spreadsheets and hello to fast, streamlined financial budgeting and reporting!

Inefficient financial budgeting and reporting can have a huge effect on your bottom line. If your business is suffering from any of these common financial management issues, it’s time to reconsider your strategy.

• Your budgeting takes more than 4 weeks to complete
• Errors are creeping into your spreadsheets
• Your finance department is slowed down with unnecessary administration
• Lack of transparency between departments causes confusion and inefficiencies
• Business managers are not held accountable for their budgets

If you said ‘YES’ to any of these, it’s time to switch to idu-Concept!
Schedule a demo now or read more about our cutting-edge financial management modules.

Serchen Index

69.57
58
Employees
102
Reviews
2,675
Followers
N/A
Likes

IDU Key Features

Budgeting software

Financial Reporting software

Business Performance Management

What is IDU?


IDU Product Details

Streamline and simplify your corporate financial management process.

Empower your line managers to be more involved in the financial success of the business. idu-Concept provides smart budgeting, forecasting and reporting tools with easy-to-use modules designed to meet all of your business needs.


Countries IDU Services Available In

International


IDU Pricing

Starting at $350 per year.


IDU Alternatives

Vena Solutions

Vena Solutions

Budgeting Software

420

N/A

1,244

N/A
Adaptive Planning

Adaptive Planning

Budgeting Software

13K

N/A

5,602

28K
TechnologyOne

TechnologyOne

Budgeting Software

1,107

N/A

2,903

1,356
Systematix Infotech Pvt. Ltd.

Systematix Infotec..

Budgeting Software

452

70

1,103

5,617
MoneyMinder

MoneyMinder

Budgeting Software

2

N/A

228

1,120
Kaufman Hall

Kaufman Hall

Budgeting Software

326

N/A

957

197
Cloudbudget

Cloudbudget

Budgeting Software

5

48K

10K

14K
BELLIN

BELLIN

Budgeting Software

188

501

1,269

636
Adaptive Insights

Adaptive Insights

Budgeting Software

523

N/A

N/A

N/A

IDU Reviews

4.5

Excellent!

102 Reviews

Last reviewed on
19 July 2021

What do you think?

Help other software buyers make informed decisions.

Write a review

Monday, July 19, 2021

"IDU - Financial Reporting and Budgeting tool"

What do you like best?
Web-based interface, only accessible with VPN and one-time sign-in. Great features but the speed at which you can access the detail is it's best feature.

What do you dislike?
The ability to stack or consolidate cost centres in one entity quickly is challenging.

What problems are you solving with the product? What benefits have you realized?
Monthly management account inquiries can be answered in real-time.
Review collected by and hosted on G2.com.

Did you find this review helpful?

Monday, July 19, 2021

"Review of IDU"

What do you like best?
Data is accurate and integrates daily with our ERP system

What do you dislike?
It is sometimes a bit complex to understand IDU language however I am new to the administration of IDU.

What problems are you solving with the product? What benefits have you realized?
I am solving the challenge of manual reporting and duplication of work.
Review collected by and hosted on G2.com.

Did you find this review helpful?

Monday, July 19, 2021

“Budgeting / Forecasting”

Overall: Budgeting has been made easy.

Pros: Easy to use. Can be used by all the Budget holders at the same time.

Cons: Need to improve the Budget reporting. I must be able to create my own reports.

Reasons for Switching to idu-Concept: No longer available.

Did you find this review helpful?

Monday, July 19, 2021

“Experience Review ”

Overall: Very pleased with the system as it reduce preparation time of forecast and budgets for us. The system also allowed us to budget and forecast at a granule level were we where not possible to do it in the past nor in a short time frame. It also increased efficiency as preparation time has moved to reviewing of data.

Pros: The customization of the system, contiguously improvement of the system, Standardization of reports available, version control.

Cons: The complexity of certain functions, like Activity mapping between attributes, etc. Financial Modeling not allowing multiple structure to be used when top down functionality are being used. Not able to have hybrid structure within account and cost centre structures.

Reasons for Choosing idu-Concept: Unable to list reason as I was unfortunately was not part of the team making the decision.

Did you find this review helpful?

Monday, February 1, 2021

"Very user friendly and useful"
What do you like best?
The reports are readily available and ready to use when needed.
Review collected by and hosted on G2.com.

What do you dislike?
Not being able to delete or replace an old employee number on admin
Review collected by and hosted on G2.com.

Recommendations to others considering the product:
I highly recommend and organization, big or small to consider implementing IDU
Review collected by and hosted on G2.com.

What problems are you solving with the product? What benefits have you realized?
I help me produce timely variance reports that is useful to influence decisions

Did you find this review helpful?

Monday, February 1, 2021

"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.

Did you find this review helpful?

Monday, February 1, 2021

"Amazing budgeting solution"

What do you like best?
I love the breadth of capability the software has to offer in conjunction with it’s ease of use.

What do you dislike?
It would be hard to fault the solution in many areas, but perhaps I would like to see more prebuilt integration capability with Oracle software and more robust reporting functionality.

Recommendations to others considering the product:
None

What problems are you solving with the product? What benefits have you realized?
Has enabled group wide budgeting and forecasting competency across financials and workforce. Created an efficient and conformed manner in which to plan across the business.

Did you find this review helpful?

Thursday, April 2, 2020

“Easy to use”

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.

Did you find this review helpful?

Thursday, April 2, 2020

“A great consolidation platform”

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.

Did you find this review helpful?

Thursday, April 2, 2020

“IDU is a brilliant business tool”

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

Did you find this review helpful?
Load More Results