<strong>Can Jedox replace our Excel-based budget model?</strong>

Yes. Jedox is specifically designed to replace Excel-based budgeting with a governed, integrated environment. <a href="https://kybos.co.uk/about-us/">Kybos</a> works with clients to migrate existing Excel models into Jedox, preserving familiar logic whilst adding governance, automation, and collaboration.

JEDOX FP&A

Name: Jedox
Price: https://kybos.co.uk

Budgeting and forecasting software

Purpose-built budgeting and forecasting software that replaces spreadsheets with driver-based models, automated consolidation, and rolling forecasts — all on a single platform.

Explore budgeting & forecasting

What is budgeting and forecasting software?

Budgeting and forecasting software is a specialist category of FP&A software designed to replace manual, spreadsheet-based planning processes with an integrated, governed environment. It enables finance teams to build driver-based budget models, consolidate submissions, produce rolling forecasts, and compare actuals against plan. For an overview of the distinction between these two processes, see our article on budgeting versus forecasting.

Modern budgeting and forecasting software connects directly to ERP and source systems via system integration, pulling actuals automatically so that variance analysis and reforecast can happen in near real time.

Why spreadsheet budgeting breaks down

As organisations grow, spreadsheet-based budgeting becomes a serious liability. Our article on why Excel fails for financial planning sets out the core problems in detail. Dedicated budgeting and forecasting software resolves these structural issues — budget holders submit directly into the system, finance consolidates automatically, and actuals flow in from the ERP without manual intervention.

Key capabilities of Jedox budgeting and forecasting software

Driver-based budgeting: Build models around the business drivers that matter — headcount, volume, price, utilisation — rather than copying prior-year numbers.
Rolling forecasts: Move beyond static annual budgets to a continuous rolling forecast. See our article on why to invest in a forecasting system.
Automated consolidation: Consolidate submissions from departments and entities automatically, with full audit trails and version control.
Workflow and approvals: Structured planning workflows. Explore Jedox custom workflows.
Scenario planning: Run best-case, base-case, and downside scenarios alongside the main budget. See Jedox scenario planning software.
AI-assisted forecasting: Use machine learning to produce statistically robust forecast recommendations. See Jedox AI.

Jedox: leading budgeting and forecasting software

Jedox is rated a leader in the Gartner Magic Quadrant for Financial Planning Software and a market leader in the BARC 2026 FP&A survey. Read our dedicated page on Jedox budgeting and forecasting software, download the FP&A implementation roadmap, or explore Jedox success stories.

Kybos: UK implementation and support

Kybos is a dedicated UK Jedox Platinum Partner. Services: implementation, consultancy, training, support, and health checks. Arrange a live demonstration or schedule a call.

Budgeting and forecasting software FAQs

What is the difference between budgeting and forecasting software?

Budgeting software focuses on setting and managing the annual financial plan. Forecasting software enables continuous updates to the expected outturn. The best platforms — like Jedox — handle both within a single integrated environment.

What is a rolling forecast?

A rolling forecast extends the planning horizon by a fixed period each month or quarter — for example, always forecasting 12 months ahead — rather than being anchored to the end of a fixed financial year. This keeps the outlook continuously relevant.

Does Jedox support driver-based budgeting?

Yes. Jedox is specifically designed to support driver-based planning, where budget lines are calculated from underlying business drivers such as headcount, volume, price, and utilisation rates — making the budget both more accurate and easier to update.

Can Jedox replace our Excel-based budget model?

Yes. Jedox is specifically designed to replace Excel-based budgeting with a governed, integrated environment. Kybos works with clients to migrate existing Excel models into Jedox, preserving familiar logic whilst adding governance, automation, and collaboration.