What is IDU-Concept and what does IDU-Concept do?

IDU-Concept is a budgeting, forecasting, and reporting software for mid-sized to large businesses. It streamlines financial processes, improves budgeting accuracy, and provides real-time financial insights. Modules include financial management, sales planning, and asset management. It's known for its user-friendly interface and flexible deployment options.

How does IDU-Concept integrate with other tools?

IDU-Concept integrates directly with ERP systems, facilitating data exchange for reporting and budgeting. This integration enables branch-specific reporting and daily data updates, ensuring accurate and real-time insights into financial performance. It streamlines the consolidation of budgets from various sources.

What the main competitors of IDU-Concept?

IDU-Concept's main competitors include Dploy Solutions, Martus, AchieveIt, Jedox, Velixo, and QuickBooks Desktop Enterprise. These alternatives offer similar budgeting, forecasting, reporting, and financial planning functionalities for mid-sized to large businesses.

Is IDU-Concept legit?

IDU-Concept appears to be a legitimate software. G2 and Glassdoor reviews show generally positive user experiences. Users praise its ease of use and ERP integration. However, some administrative functions could be improved for a smoother experience.

How much does IDU-Concept cost?

I am sorry, but there is no pricing information available for IDU-Concept. Contact the vendor directly to determine if IDU-Concept is worth the investment for your product pricing needs.

Is IDU-Concept customer service good?

IDU-Concept's customer service is highly regarded by users, who describe the team as customer-centric and helpful. Users appreciate the support provided and the team's deep understanding of user needs. There are no negative reviews about their customer service.

IDU-Concept

Website LinkedIn Twitter

Last updated on 3/13/2025

Company health

Employee growth

No change in the last year

Web traffic

79% decrease in the last quarter

Ratings

4.4/5

(45)

4.7/5

(24)

IDU-Concept description

IDU-Concept is a budgeting, forecasting, and reporting software designed for mid-sized to large businesses across various industries. It helps businesses streamline their financial processes, improve accuracy in budgeting and forecasting, and gain real-time insights into their financial performance. IDU-Concept offers modules for financial management, sales planning, fixed asset management, and financial modeling. The software is available in different editions to cater to varying business needs and can be deployed on-premise, in a private cloud, or on Microsoft Azure. IDU-Concept prioritizes user-friendliness and aims to empower both finance and non-finance users to participate in financial planning and analysis.

Who is IDU-Concept best for

IDU-Concept simplifies budgeting, forecasting, and reporting for mid-sized to large businesses. Users praise its user-friendliness and integration with ERP systems, enabling efficient and accurate financial planning. However, some find the admin functions complex. Consider IDU-Concept if your company needs a robust, user-friendly budgeting solution and you're prepared to invest time in setup and training.

Best fit for medium-sized businesses.
Ideal for finance, education, government, and real estate sectors.

IDU-Concept features

Type in the name of the feature or in your own words tell us what you need

Supported

IDU-Concept offers reporting and dashboards to visualize progress and performance.

Supported

IDU-Concept supports performance tracking with real-time data analysis, dashboards, and flexible reporting.

Supported

IDU-Concept supports budgeting, forecasting, and financial planning, including what-if analysis.

IDU-Concept reviews

We've summarised 44 IDU-Concept reviews (IDU-Concept G2 reviews) and summarised the main points below.

Pros of IDU-Concept

Simplifies the budgeting process and empowers budget owners.
Directly integrates with ERP systems and allows for branch-specific reporting.
Easy to use and follow, with information organized logically.
Efficient budgeting with standardization functionalities and detailed explanations.
User-friendly for both financial and non-financial users.
Accurate data and daily integration with ERP systems.
Seamless consolidation of budgets.
Web-based interface with VPN access and fast access to details.
Flexible system with customizable authority levels.
Excellent customer support and helpful team.

Cons of IDU-Concept

Admin functions are not intuitive and require significant time investment.
Updating budgeted figures is a confusing process.
Limited slicing and dicing across accounts and cost centers.
Changes to cost centre structure impact historical data.
Difficult to delete or replace old employee numbers in admin.
Struggles with some functionalities, suggesting a need for more training.
Complex setup for reallocation cycles and activity-based budgeting.
Top-down budget inputs are difficult to integrate.
Profit center structure changes are onerous to maintain.
Printing directly from IDU is difficult.
Column sizes do not remain adjusted.
Setting up user access and layouts for each fiscal set is time-consuming.

IDU-Concept pricing

Users sentiment

Neutral

See the IDU-Concept pricing page.

IDU-Concept alternatives

Dploy Solutions

Better for operational performance management and KPI tracking. Easier to use, with better customer service. Focuses on strategic planning and project management.
Read more
Martus

Better fit for non-profits using Sage Intacct. Martus is growing faster and has more positive user reviews, particularly regarding customer support and ease of implementation. However, some users report performance issues and limited custom reporting. It is cloud-based, unlike IDU-Concept which offers various deployment options. Martus has transparent pricing, but details require contacting sales.
Read more
Panaya Change Intelligence

Better for managing software updates and changes, especially for SAP, Oracle, or Salesforce users. Focuses on risk reduction and automated testing during upgrades and migrations. Less suited for general budgeting and financial planning.
Read more
QuickBooks Desktop Enterprise

Better for retail, ecommerce, manufacturing, and several other industries. Offers accounts payable, accounts receivable, and bank reconciliation features. Note that some users report issues with data backups and payroll processing. QuickBooks Desktop Enterprise is a strong IDU-Concept competitor and alternative.
Read more
Jedox

Better suited for retail, consumer goods, manufacturing, real estate, hospitality, transportation, media, and automotive industries. A Jedox alternative with an Excel-like interface, known for custom reports and data integration. However, users report performance issues and a steep learning curve for advanced features.
Read more
AchieveIt

Better for strategic planning and execution. Has more momentum based on employee growth. More suitable for small businesses.
Read more

IDU-Concept FAQ

What is IDU-Concept and what does IDU-Concept do?

IDU-Concept is a budgeting, forecasting, and reporting software for mid-sized to large businesses. It streamlines financial processes, improves budgeting accuracy, and provides real-time financial insights. Modules include financial management, sales planning, and asset management. It's known for its user-friendly interface and flexible deployment options.
How does IDU-Concept integrate with other tools?

IDU-Concept integrates directly with ERP systems, facilitating data exchange for reporting and budgeting. This integration enables branch-specific reporting and daily data updates, ensuring accurate and real-time insights into financial performance. It streamlines the consolidation of budgets from various sources.
What the main competitors of IDU-Concept?

IDU-Concept's main competitors include Dploy Solutions, Martus, AchieveIt, Jedox, Velixo, and QuickBooks Desktop Enterprise. These alternatives offer similar budgeting, forecasting, reporting, and financial planning functionalities for mid-sized to large businesses.
Is IDU-Concept legit?

IDU-Concept appears to be a legitimate software. G2 and Glassdoor reviews show generally positive user experiences. Users praise its ease of use and ERP integration. However, some administrative functions could be improved for a smoother experience.
How much does IDU-Concept cost?

I am sorry, but there is no pricing information available for IDU-Concept. Contact the vendor directly to determine if IDU-Concept is worth the investment for your product pricing needs.
Is IDU-Concept customer service good?

IDU-Concept's customer service is highly regarded by users, who describe the team as customer-centric and helpful. Users appreciate the support provided and the team's deep understanding of user needs. There are no negative reviews about their customer service.

Reviewed by

Michal Kaczor

CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

Tymon Terlikiewicz

CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.